Capital Markets Manager II

ABOUT US

Coastal Community Bank is a little bit of banking and a little bit of tech-ing. The people at Coastal don’t just help people with their banking; they help reshape how banking technology allows and serves EVERYONE. We think and work like entrepreneurs, always moving and constantly improving. We care about each other, 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.

WHAT YOU'LL DO

As Capital Markets Manager II, you will assist and support the Bank’s Credit Administration within the CCBX BaaS (Banking as a Service) division by managing and establishing capital markets modeling and analytics. You will provide analytical expertise in capital markets and loan sales, as well as overall credit risk management. This includes developing policies, conducting modeling and analytics, underwriting, performing loan reviews, and assessing overall loan risk to minimize portfolio risks. You will collaborate with partners on pricing and analyzing whole loan sales, as well as generating disposition channels across multiple lanes such as credit funds, securitizations, and structured financing vehicles.

HOW YOU'LL DO IT

• Provide support as needed to Chief Credit Officer and CCBX CCO/Credit Administrator and other executives as needed.
• Manage the analytics of loan flows, loan concentrations, and capital markets.  
• Responsible for analyzing the policies, products and procedures regarding the loan sales and purchases and capital markets with the banks strategic lending partners.  
• Maintains and monitors loan sales and purchases over the BaaS portfolio to prevent or reduce credit risk while growing the portfolio within approved lending limits. 
• Leads and coordinates, manages, and maintains efficiencies and consistencies for banks Capital Markets, managing balance sheet asset concentrations, lead selling and buying of loans and overall loan flow offered through the banks Strategic Lending Partners.
• Assures documentation is complying within bank and CCBX policy as well as State and Federal Regulations.
• Provide leadership and the point of contact to the Strategic Lending Partners on arranging for selling or buying of loans.
• Assist in preparing Board, management, and regulatory reports and analysis of the CCBX loan portfolio concentrations, sales and purchases.
• Coordinates, manages and maintains consistencies in day-to-day Capital Markets and Credit Administration responsibilities.
• Assures accuracy of loan sale and purchase data through and internal control processes working as a liaison with finance and operations.
• Review credit risks through data queries to ensure accuracy of classifications and make recommendations for any changes.
• Coordinate and execute workload priorities and delegate tasks within deadlines.
• Ability to use personal judgment and initiative to develop effective and constructive solutions to challenges and obstacles.
• Manages and assists with special projects such as back up loan servicer providers and lending as a service.
• Maintains compliance with all regulatory requirements.
• Manages a team of individuals ensuring they are properly trained, encouraged and engaged. 
• Manage the implementation of business process or technology changes for financial services clients in their commercial loan servicing implementations.
• Conduct audit engagements to critically assess management and internal control processes.
• Understand and leverage technology and end-state architecture vision to partner with technology team to drive comprehensive design decisions out of white space technical problems

WHAT YOU'LL BRING

• Proven effective verbal and written communication skills.
• Excellent analytical skills and understanding of credit risk management.
• Required to handle multiple tasks at the same time.
• Excellent attention to detail to ensure timely and effective communication.
• Cooperative, professional attitude with strategic partners, legal counsel and co-workers.
• Thrives under pressure and can handle multiple projects in a demanding, deadline-oriented environment, while maintaining meticulous attention to detail.
• Exercises exceptional judgment when working with clients, team members, and vendors.
• Capable of mobilizing and motivating others, anticipating needs, and instilling confidence.

EDUCATION/EXPERIENCE

• Bachelor's degree in banking credit underwriting, finance, accounting, or economics. Master’s degree or equivalent in experience/education preferred.
• 5+ years of experience in Credit Risk, Capital Markets, Loan Sales and Purchases, and general underwriting for consumer and commercial loans.
• 5+ years managing a team.
• Managing Balance Assets Concentrations, arranging for selling or buying of loans, establishing forward flow loan partners and oversight over the entire process.
• Experience in Credit Risk Management is preferred such as Credit Modeling/Analytics, Policies, Procedures, Loan Audit and Review and oversight of Credit Programs.
• Additional banking/credit experience including the following: BaaS Credit Administration or Program Manager, Credit experience with consumer and commercial, Asset Capital Markets, Enterprise Risk Management, Back-up Loan Service Provider, Lending as a Service.
• Proficient in analytical tools such as Python, SAS, SQL, Matlab, Microsoft Office 365 programs (Excel, Outlook, PowerPoint, SharePoint, Teams, Word, etc.) and general office equipment.
• Advanced proficiency in databases and report writing.

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 be able to:

• Sit for extended periods of time.
• Stand for extended periods of time.
• Perform repetitive finger, hand, and arm movement.
• Use electronic office equipment such as a computer keyboard, mouse, ten key, telephone, etc. 
• View and read computer screens for extended periods.
• Occasionally stoop, kneel, crouch, or crawl.
• 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.