Credit Analyst II

About Us

Coastal is at the forefront of modern banking, combining strong financial infrastructure with cutting‑edge Banking-as-a-Service (BaaS) and fintech enablement strategies. We support not only individuals with their personal banking needs; we also empower businesses by integrating modern banking technology that drives growth, flexibility, and innovation. At Coastal, we think and move like entrepreneurs; focused on impact, speed, and continuous improvement. We believe in working smart, collaborating deeply, and building solutions that unlock real potential.

If you're someone who thrives in a fast-moving environment, loves solving complex problems, and wants to help shape the future of banking, we’d love to meet you.

Credit Analyst II will review, analyze and evaluate credit data for assigned business lines, including asset‑based lending, equipment, C&I, and Real Estate lending. Credit Analysts make recommendations for final loan approval while ensuring risk exposure is consistent with the bank's credit quality policies and guidelines.

Position can be remote, hybrid or on‑site.

• Credit underwriting duties primarily include Annual Term loan Reviews, relatively complex new credits up to $15MM, and renewal credits up to $20MM.
• Credit underwriting loans with slightly higher credit risk profiles (i.e. construction and monitored lines of credit).
• Additional supporting roles in Credit Administration (i.e. monitored lines of credit, concentration reporting, appraisal review, etc.).
• Analyze financial data such as balance sheets, income statements, tax returns, income growth, quality of management, market share, appraisals, entity structures, and overall borrower business plans in order to make recommendations with regards to credits. Includes analyzing credit information from other sources, lenders, and credit reporting agencies.
• Prepare credit submissions to Credit Administration with recommendations for approval. Research and examine credit risks, assess credit history, and express reasons for support of extension, or denials of credit.
• Conduct on‑going verification and regular tracking of customer’s credit quality through periodic review of collateral values, valuation dates and methodology, credit reports and supplier checks, tracking and analysis of required financial information and any other approval conditions.
• Support and enable front‑line staff with call preparation with analysis such as industry benchmarks and questions relevant to the prospect.
• Ensure timely line and/or loan renewals to prevent expirations. Notify appropriate lending personnel about up‑coming maturities, ticklers and required documentation.
• Partner with processors to ensure loan documentation is consistent with requirements provided by credit authorizations. Identify title, insurance, zoning, entity and other issues requiring attention prior to approval.
• Maintain credit files. Prepare checklists and maintain authorizations and documentation.
• Prepare analyses with projections and other justifications to check or reset loan covenants based on performance of credit and/or financials of borrower and/or guarantor.
• Perform additional duties as assigned.
• Follow and comply with all regulatory and compliance regulations.

• Proven ability to analyze financial conditions, financial statements, and tax returns. Ability to understand business relationships and business entity structures and their effect on financial condition and status.
• Knowledge of C&I lending. Working knowledge of financial institution policies and procedures.
• Communicate clearly and effectively regarding status, priorities, and expectations with various stakeholders with competing priorities through the analysis and approval process.
• Proven effective verbal and written communication skills, including writing efficiently.
• Ability to work in an ambiguous, fluid environment working on customized loan proposals.
• Knowledge of best practices, standard concepts, and procedures within the lending field. Experience with complex loan structures.
• Strong knowledge of computers including financial software (Word, Excel, Sageworks, FIS, Moody’s, etc.).
• Required…