What are the responsibilities and job description for the SVP, Senior Credit Officer position at Georgia's Own Credit Union?
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This position offers a flexible hybrid work arrangement, allowing employees to balance in-office collaboration with the benefits of remote work. We provide the necessary tools and technology to ensure seamless productivity, whether you're working from home or the office.
Summary
As the senior most credit leader in the organization, the Senior Credit Officer (“SCO”) will be responsible for the general direction of the Georgia’s Own lending activities from a credit risk perspective. This role will serve as the Credit Policy Officer, Credit and Administrator for the credit union. The SCO will be responsible for monitoring asset quality, the supervision of commercial underwriting and portfolio management team, and will be the credit risk advisor for the ongoing development of systems, procedures, loan portfolio reporting/analytics and controls necessary for the successful operation of a healthy and well-balanced credit organization. In addition, the SCO will be responsible for developing and maintaining any required frameworks, models, and policies as well as evaluating large and complex individual transactions.
The SCO will hold the primary responsibility for developing and providing the Credit Union’s Executive Management with accurate and timely loan portfolio reporting/analytics and for ongoing monitoring of loan portfolios for adherence to the Georgia’s Own Credit Risk Appetite statement. The SCO will have delegated approval authority as designated by the Board of Directors, will chair the Commercial Credit Risk Committee, and have membership in MALCO and the Funds Management Committee.
Essential Duties And Responsibilities
Collaborating and Influencing
The ability to collaborate, motivate, persuade, and influence stakeholders at all levels is a critical component of the position. Internal and external stakeholders include the board, executive management, business units, auditors, consultants, and regulators. The SCO will combine a strong intellect, independent viewpoint and personal conviction with an open and respectful communication style. The SCO will be extremely rigorous with regard to data and ideas, but also build close and supportive relationships across the risk and business teams. The SCO will excel at informal influence and persuasion, not exclusively relying on formal approval authorities. In the best credit discussions, it is often difficult to distinguish who is on the credit team and who is on the line of business team.
Technical Credit Expertise
The SCO will have primary accountability for credit risk in the company and will have strong experience and skill in all facets of commercial credit risk, including the development of credit frameworks and policies, the critical evaluation and identification of key risks in complex credit transactions, and the development and operation of quantitative tools, including models. This leader will have a consistent track record of making smart risk-return and capital allocation decisions in a manner that allows for intelligent and resilient risk-taking, not merely the minimization of credit risk. The SCO will have experience across a wide-range of real estate and C&I businesses.
Cultural Agility
The SCO will encourage open discussion of different ideas and views and will be able to invite and use input from perspectives significantly different from his/her own and adapt her/his behaviors and communications to engage with others across the Georgia’s Own organization.
Additional/Important Skillsets
Physical Requirements
To perform this job successfully, the employee must be able to perform each essential job duty satisfactorily. All employees must be able to communicate face to face or through technology with or without reasonable accommodation. Employee will be in an office environment (well-lighted, heated, and air-conditioned) typically stationed at a desk or table. Employee will be asked to sit and stand for various increments of time, and to lift/push up 10 lbs. Clerical office duties on various forms of technology are required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
All positions that have lending responsibilities must comply with all requirements under the SAFE ACT, as well as the Credit Union’s policies and procedures related to the SAFE ACT. This includes an obligation on the employee’s part to ensure that NMLA registration pertaining to the SAFE ACT is kept current. The employee must notify the Credit Union within 30 days of any changes that need to be reflected on the NMLS registry.
Georgia’s Own Credit Union is an equal opportunity employer and will not discriminate against any employee or applicant on the basis of age, color, disability, gender, national origin, race, religion, sexual orientation, veteran status, or any classification protected by federal, state, or local law. Consistent with obligations under federal law, every company that is a federal contractor or subcontractor is committed to taking affirmative action to employ and advance women, minorities, disabled veterans, special disabled veterans, veterans of the Vietnam era, and other eligible veterans.
We are an equal opportunity employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color or any other protected class.
This position offers a flexible hybrid work arrangement, allowing employees to balance in-office collaboration with the benefits of remote work. We provide the necessary tools and technology to ensure seamless productivity, whether you're working from home or the office.
Summary
As the senior most credit leader in the organization, the Senior Credit Officer (“SCO”) will be responsible for the general direction of the Georgia’s Own lending activities from a credit risk perspective. This role will serve as the Credit Policy Officer, Credit and Administrator for the credit union. The SCO will be responsible for monitoring asset quality, the supervision of commercial underwriting and portfolio management team, and will be the credit risk advisor for the ongoing development of systems, procedures, loan portfolio reporting/analytics and controls necessary for the successful operation of a healthy and well-balanced credit organization. In addition, the SCO will be responsible for developing and maintaining any required frameworks, models, and policies as well as evaluating large and complex individual transactions.
The SCO will hold the primary responsibility for developing and providing the Credit Union’s Executive Management with accurate and timely loan portfolio reporting/analytics and for ongoing monitoring of loan portfolios for adherence to the Georgia’s Own Credit Risk Appetite statement. The SCO will have delegated approval authority as designated by the Board of Directors, will chair the Commercial Credit Risk Committee, and have membership in MALCO and the Funds Management Committee.
Essential Duties And Responsibilities
- Develop and maintain sound credit policies and the administration of systems, procedures and controls.
- Monitor and manage credit and concentration limits, underwriting quality and assignment of risk ratings.
- Develop, operate, and continually improve credit risk frameworks, credit policies, credit risk appetite, risk-grading platform, and loan approval processes.
- Assist with external credit reviews and regulatory examinations of the lending portfolios.
- Maintain an acceptable asset quality rating.
- Chair the Commercial Credit Risk Committee and provide approval for credit transactions and relationships within defined Board delegated approval thresholds.
- Support key stakeholders in generating high quality loans and assist in the workout of significant problem loans.
- Evaluate and provide strategic counsel relative to new market opportunities and potential acquisitions.
- Participate in all assigned committee meetings.
- Review month end non-accrual and delinquent reports and supporting documentation for determination of collection efforts and loss potential.
- Participate in or actively lead special projects pertaining to credit and other company-wide initiatives.
- Work closely with Executive management on strategic issues and direction.
- Comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control, NCUA and GADBF law and regulations.
- Responsible for administration and adherence to Responsibility Center budget.
- Manage commercial workout efforts
- Participate in all quarterly Audit Committee Meetings and when assigned, monthly Board meetings
- Other Duties as assigned.
- Bachelor’s Degree in Business Administration, Finance, Accounting, Statistics, or related field required.
- Masters of Business Administration preferred.
- 15 years of banking or financial industry experience,
- 15 years’ experience in credit. Emphasis in commercial and business lending activities required.
- Thorough knowledge of single family residential, consumer and commercial banking products, processes, vendor relationships, and accounting is required.
- Knowledge of computer skills with specific knowledge of Windows-based applications.
- Knowledge of current financial institution, including credit union, laws and regulations, required loan documentation requirements, and any investment restriction limitations.
- Excellent communication skills (both written and verbal) and interpersonal skills to successfully communicate, negotiate, and influence personnel that do not directly report to this position or area. Ability to communicate with a wide variety of personalities and skill sets, ranging from senior and executive management, and state and federal examiners and regulators.
- Ability to work remotely as needed and manage a remote team.
Collaborating and Influencing
The ability to collaborate, motivate, persuade, and influence stakeholders at all levels is a critical component of the position. Internal and external stakeholders include the board, executive management, business units, auditors, consultants, and regulators. The SCO will combine a strong intellect, independent viewpoint and personal conviction with an open and respectful communication style. The SCO will be extremely rigorous with regard to data and ideas, but also build close and supportive relationships across the risk and business teams. The SCO will excel at informal influence and persuasion, not exclusively relying on formal approval authorities. In the best credit discussions, it is often difficult to distinguish who is on the credit team and who is on the line of business team.
Technical Credit Expertise
The SCO will have primary accountability for credit risk in the company and will have strong experience and skill in all facets of commercial credit risk, including the development of credit frameworks and policies, the critical evaluation and identification of key risks in complex credit transactions, and the development and operation of quantitative tools, including models. This leader will have a consistent track record of making smart risk-return and capital allocation decisions in a manner that allows for intelligent and resilient risk-taking, not merely the minimization of credit risk. The SCO will have experience across a wide-range of real estate and C&I businesses.
Cultural Agility
The SCO will encourage open discussion of different ideas and views and will be able to invite and use input from perspectives significantly different from his/her own and adapt her/his behaviors and communications to engage with others across the Georgia’s Own organization.
Additional/Important Skillsets
- Ability to work in a fast pace and high-pressure financial industry environment.
- Attention to detail and drive for results.
- Strong problem solving, analytical, and decision-making skills.
- Proficient in Microsoft Office, Excel experience required.
- Team player, independent thinker, highly motivated.
- Strong interpersonal, negotiation and communication skills.
- Results driven, high level of energy, thinks outside the box.
Physical Requirements
To perform this job successfully, the employee must be able to perform each essential job duty satisfactorily. All employees must be able to communicate face to face or through technology with or without reasonable accommodation. Employee will be in an office environment (well-lighted, heated, and air-conditioned) typically stationed at a desk or table. Employee will be asked to sit and stand for various increments of time, and to lift/push up 10 lbs. Clerical office duties on various forms of technology are required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.
All positions that have lending responsibilities must comply with all requirements under the SAFE ACT, as well as the Credit Union’s policies and procedures related to the SAFE ACT. This includes an obligation on the employee’s part to ensure that NMLA registration pertaining to the SAFE ACT is kept current. The employee must notify the Credit Union within 30 days of any changes that need to be reflected on the NMLS registry.
Georgia’s Own Credit Union is an equal opportunity employer and will not discriminate against any employee or applicant on the basis of age, color, disability, gender, national origin, race, religion, sexual orientation, veteran status, or any classification protected by federal, state, or local law. Consistent with obligations under federal law, every company that is a federal contractor or subcontractor is committed to taking affirmative action to employ and advance women, minorities, disabled veterans, special disabled veterans, veterans of the Vietnam era, and other eligible veterans.
We are an equal opportunity employer. Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color or any other protected class.