Senior Commercial Loan Underwriter

Position Summary:

At Coastal States Bank (CSB), we are Local. And Proud Of It. We are committed to the relationships we build, have a proven track record of success and share a passion for serving our clients and communities.

We are looking for an experienced full-time Senior Commercial Loan Underwriter. This position works Mondays through Fridays in a professional setting. First preference is to find a candidate within our Atlanta, GA area. Other locations within our organization are available to include the Lowcountry (Charleston, Hilton Head or Savannah). Although remote work may be possible, regular in-person interaction and travel will be required. Salary is commensurate with experience.

The Senior Commercial Loan Underwriter will underwrite/analyze financial and other credit information of borrowers and guarantors and write credit memos and periodic loan reviews for use by Directors, Bank Management, Regulators and Loan Review in making decisions about: the extension of new or renewal credit to borrowers and ongoing management of credit risk within the bank's loan portfolio.

Benefits include:

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

Essential Functions:

• 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.

Critical Success Factors:

• 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.