ABOUT US

Coastal Community Bank is a leader in Banking with strong Financial infrastructure leading Banking as a Service (BaaS) and Fintech strategies. The people at Coastal not only help people with their personal banking; they help businesses with banking technology integration that leads to business growth, flexible financing, and unimagined potential. We think and work like entrepreneurs, always moving and constantly improving. We are go-getters, work hard, and play hard. If you're someone who thrives on innovation, wants to help others succeed, knows how to think outside the box, and believes that we're all in this together -- you belong here.

OVERVIEW

As a Loan Accountant II- CCBX, you will gather, assemble, and analyze loan data for various tasks within the organization and finance department. You will manage daily, monthly, quarterly and year end accounting related to CCBX loan partners. You will also work closely with a variety of internal and external parties to develop best practices.

RESPONSIBILITIES TO INCLUDE

• Perform daily, monthly, quarterly, and annual reconciliations and financial reporting to ensure compliance with Generally Accepted Accounting Principles. 
• Validate completeness and accuracy of loan data in reports provided by partners.
• Ensure that supporting documentation and processes are following internal control standards. 
• Work with Bank staff to accurately account for purchases and sales of loans including identifying loans held for sale.
• Perform periodic reviews to ensure that loan data is accurate going into quarter ends including credit data related to loans (modifications, credit grade, TDR status, account for non-accrual loans, etc.).
• Assist with CCBX partner related journal entries and funds flow documentation.
• Perform yield analysis and interest income reviews on loan portfolios to ensure income is being recognized appropriately in accordance with GAAP.
• Develop and maintain periodic reporting documents for use in tax compliance and internal, SEC, regulatory reporting.
• Perform tests, review reports, and review loan data to ensure loan balances and loan related data are accurate and being reported in accordance with GAAP.
• Identify, implement, and document areas for automation and participates in solution design. 
• Support Allowance for Loan Loss preparation and review.
• Collaborate with other departments to integrate loan reporting for CCB and CCBX loan portfolios.
• Establish written procedures as needed.

QUALIFICATIONS 

• Knowledge of loan accounting – interest methods, rates, deferred fees & costs, non-accrual, trouble debt restructuring, Allowance for Loan Loss.
• Advance aptitude in problem solving, including the ability to logically structure an appropriate analytical data framework for reporting and analyzing data.
• Ability to extract, analyze and merge data from disparate systems and perform complex analysis.
• Advanced analytical and research skills.
• Prioritizing and multi-tasking skills in a fast-paced environment.
• Ability to navigate and work with multiple core or disparate systems and/or data repositories.
• Strong organizational skills and is a master of processes and stickler for details.
• Can accept the challenges that come with working for a rapidly growing company whose strategy includes significant organic growth and implementation of new systems.

EDUCATION/EXPERIENCE

• Bachelor's degree in business, finance, accounting, or another related quantitative discipline with minimum of 3 years of experience in finance, accounting, and data analysis roles.
• 3 years minimum experience as a Loan Accountant.
• 5 years minimum experience in Banking.
• Experience working with high volume of transactions or data sets and resolving discrepancies.
• Advanced Microsoft Office Suite skills, especially Excel and working with databases.

HOW YOU’LL THRIVE AT COASTAL

• Be the Best – Communicate effectively, pay close attention to detail, and prioritize your personal development.
• Be Relentless – Thrive in a goal-oriented environment exercising both patience and persistence. Advocate for our customers and team members and strive to promote the Coastal Difference.
• Be Un-Bankey – Be a forward thinker with a creative mindset. Build long-lasting relationships promoting the Coastal Difference, built on a foundation of integrity, honesty, and trust.
• Embrace Gray Thinking – Use sound judgment while decision-making and problem-solving. Think outside the box.
• Stay Flexible – Organize and strategize effectively while always being prepared to adapt on the fly. Seek efficiencies for Coastal to work smarter, not harder.
• Take Care of Each Other – Understand what it means to be a true team player and have your teammate's back. Practice self-awareness and build your emotional intelligence.

BEING YOU AT COASTAL

Coastal is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. We are also committed to compliance with all fair employment practices.

PHYSICAL DEMANDS

The physical demands described below are required to perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

While performing the duties of this job, the employee must:

• Can sit for extended periods of time.
• Can stand for extended periods of time.
• Can perform repetitive finger, hand, and arm movement.
• Can use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc. 
• Able to view and read computer screens for extended periods.
• Can occasionally stoop, kneel, crouch, or crawl.
• Can occasionally lift or move up to 10 pounds.

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.