Chief Credit Officer

Job Function – 

Responsible for the Bank’s overall credit quality and loan portfolio risk management. Key duties include setting and enforcing credit policies, overseeing the loan portfolio, ensuring regulatory compliance, and developing strategies to support lending goals of the Bank. Works jointly with the Chief Risk Officer as a liaison between the Bank, Federal Reserve Board, OCC, and other regulatory agencies to ensure compliance with banking legislation. 

Job Responsibilities – 

•    Credit policy and risk management – Maintain, enhance, and enforce the Bank’s credit policies and procedures to ensure sound underwriting practices. Maintain quality control and minimize credit losses. Ensure the Bank’s lending practices comply with applicable federal and state laws and regulations. Coordinate with internal and external auditors, loan review, and regulatory agencies regarding review of lending practices and compliance with banking and policy regulations.

•    Loan approval and administration - Oversees the loan approval process, including reviewing and approving complex or large loans, loan structure collaboration with Banking teams, and administration of the Special Assets loan workout process. 

•    Strategic planning – Contributes to the Bank’s overall business strategy as a member of the executive team through the alignment of credit risk with business objectives. 

•    Portfolio oversight - Monitor and oversee the Bank’s loan portfolio quality, profitability, and risk level. This includes analyzation of past dues, classified assets, and concentrations in the loan portfolio. Maintain quality control and minimize credit losses.

•    Reporting and analysis – Directly prepare and assist with reporting for analysis by Executive Management, Board of Directors, Regulatory Oversight Agencies, and others as needed on the loan portfolio, credit risk, and Allowance for Credit Losses. 

•    Leadership and training – Lead, mentor, and develop the credit and lending staff through training and guidance on polices and best practices. 

•    Ensures that own work is in compliance with all applicable laws, regulations, policies and guidelines.

•    All other duties as assigned.

Education and Related Experience – 

•    Bachelor’s degree required. 

•    MBA or Masters in a business-related field (finance, business economics) preferred.

•    Extensive managerial experience in commercial, small business, commercial real estate and consumer lending is necessary. Broad knowledge of Bank credit policies, analysis, and regulatory practice.

•    10 years of relevant experience with a large Commercial Bank

•    Experience with nCino and CECL modeling preferred. 

•    Previous experience as a commercial or commercial real estate banker preferred.

Skills and Abilities – 

•    Excellent leadership, communication, and negotiation skills. 

•    Proficiency in risk management, banking procedures, portfolio management, and regulatory compliance.

•    Strong analytical and financial analysis skills

•    Must possess effective communication and presentation skills.

•    Must be proficient at Power Bi and MS Office products such as Excel, Word, and PowerPoint.

Working Conditions and/or Physical Requirements – 

•    Ability to work under stress and meet deadlines.

•    Ability to operate a keyboard if required performing the essential job functions.

•    Ability to read and interpret a document.

•    Ability to travel if required to perform the essential job functions.

•    Ability to lift/move/carry approximately twenty pounds if required to perform the essential job functions. If the employee is unable to lift/move/carry this weight and can be accommodated without causing the department an “undue hardship” then the employee must be accommodated; hence, omitting lifting as a physical requirement.

Equal Opportunity Employer/Veterans/Disabled