Coastal States Bank · 4 hours ago
Senior Commercial Loan Underwriter
Atlanta, GA
Full-time
Hybrid
Senior LevelCoastal States Bank is committed to building relationships and serving clients and communities. They are looking for an experienced Senior Commercial Loan Underwriter to analyze financial information of borrowers and write credit memos to assist in credit risk management within the bank's loan portfolio.
BankingFinanceFinancial Services
Responsibilities
To assess and determine the financial condition, repayment capacity and character of borrowers and guarantors through the review and analysis of financial information including: accountant or internally prepared financial statements, tax returns, personal financial statements, liquidity statements and business and personal credit reports in conformance with the bank’s loan policies and underwriting guidelines. Develop and implement procedures
To assess and determine the quality and adequacy of collateral and capital (equity) through the review of appraisals, evaluations, environmental reports, inspection reports, condition reports, market reports, accounts receivable agings, purchase invoices and other collateral information based on the bank’s loan policies and underwriting guidelines
To write credit memos, loan reviews and other reports summarizing information about new or existing borrowers including: the purpose of the loan, the experience/ background of the borrower, the financial condition of borrowers and guarantors, repayment capacity, collateral adequacy and industry/market and using that information along with the bank’s loan policies and banking regulations to evaluate a loan’s conformance to the bank’s lending guidelines and policies and making recommendations to Directors and Bank Management about the extension of credit to borrowers, risk grading of loans and any other pertinent conditions
To assist Bank Management in the timely monitoring of credit risk in the bank
Contribute to the bank team effort by working on special projects and reports, performing other job-related duties, at the discretion of the Supervisor
Qualification
Required
Experience as a Senior Commercial Loan Underwriter
Ability to underwrite/analyze financial and other credit information of borrowers and guarantors
Ability to write credit memos and periodic loan reviews
Knowledge of bank's loan policies and underwriting guidelines
Experience in assessing financial condition, repayment capacity, and character of borrowers and guarantors
Experience in reviewing and analyzing financial information including accountant or internally prepared financial statements, tax returns, personal financial statements, liquidity statements, and business and personal credit reports
Experience in assessing the quality and adequacy of collateral and capital through the review of appraisals, evaluations, environmental reports, inspection reports, condition reports, market reports, accounts receivable agings, purchase invoices, and other collateral information
Ability to write reports summarizing information about new or existing borrowers
Ability to assist Bank Management in monitoring credit risk
Self-Motivated
Responsiveness
Facilitates teamwork
High Attention to detail and organizational skills
Strong ethics
Strong analytical and problem-solving skills
Excellent analytical, written and oral communication skills
Benefits
401(k) matching
Dental insurance
Dependent care reimbursement
Disability insurance
Flexible spending account
Health savings account
Life insurance
Medical insurance
Paid holidays
Paid time off
Paid parental leave
Prescription drug insurance
Vision insurance
Wellness program
Company
Coastal States Bank
Coastal States Bank offers financial resources to help its clients achieve their goals.
Founded in 2004Hilton Head Island, South Carolina, USA
51-200 employees
Funding
Current Stage
Public CompanyTotal Funding
$56M2024-01-26Post Ipo Equity· $12M
2023-04-02Post Ipo Equity· $9M
2020-09-09Post Ipo Debt· $15M
Leadership Team
Tony Valduga
CFO / COO
Tom Drago
Senior Vice President- Chief Compliance Officer
Recent News
2026-01-19
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