A DAY IN THE LIFE OF THE CHIEF CREDIT OFFICER As Chief Credit Officer, you will lead the Bank's credit function, ensuring a disciplined and forward-looking approach to portfolio quality, underwriting standards, and risk governance. Key responsibilities include:
- Establishing and guiding credit strategy aligned with the Bank's growth objectives and risk appetite
- Overseeing credit quality across the loan portfolio
- Providing leadership in underwriting philosophy and approval standards
- Partnering with executive leadership to balance loan growth with prudent risk management
- Leading the quarterly Criticized Loan Committee and collaborating on the Allowance for Credit Losses (ACL/CECL) assessment
- Overseeing and continuously enhancing the Bank's credit policy
- Leading the Management Loan Committee
- Ensuring adherence to regulatory expectations and internal credit policies
Essential Functions- Oversee the Bank's credit risk management functions, including commercial underwriting, credit analysis, commercial loan closing coordination, and management reporting, including concentration monitoring
- Provide leadership and development for Credit Administration and Collections teams
- Provide input and guidance into the Allowance for Credit Losses (ACL/CECL) analysis, partnering with the CFO to ensure accuracy, sound methodology, and alignment with portfolio performance
- Review credit approval memoranda to assess risk ratings, structure, terms, repayment sources, and overall risk/return
- Collaborate with Commercial Banking to evaluate, structure and price new loan opportunities
- Monitor loan relationships including risk ratings, performance trends, liquidity, and covenant compliance
- Review complex credit proposals for adherence to credit policy and regulatory guidelines
- Oversee the annual credit review process
- Review and present reports to Management and the Board
- Serve as a liaison with third parties to include loan review and banking regulators
- Oversee the Collections Department function to ensure performance goals are met while maintaining compliance
- Oversee the Bank's Regulation O compliance efforts, ensuring proper controls, reporting, and adherence to insider lending requirements
Decisions- Exercise credit approval authority within limits
- Recommend larger transactions for committee or Board approval
- Evaluate loan opportunities and potential modifications for alignment with credit risk appetite and approval standards
QUALIFICATIONSThe ideal candidate will have a minimum of 10 years of progressive experience in commercial credit, including senior leadership responsibilities and demonstrated success in portfolio management. Exceptional analytical, decision-making, and communication skills are required. Strong knowledge of regulatory expectations, credit policy, and risk management frameworks, along with a proven ability to drive process improvement and strategic initiatives is essential. Bachelor's degree in Business, Finance or related field required.
OUR INVESTMENT IN YOUBSNB offers a
generous compensation and benefits package. This includes medical, dental, vision, company-paid life insurance, voluntary insurance options, both a 401(k0 Plan with a company match and a pension plan, and tuition reimbursement.
We invest in you with a
generous paid time off package including 11 paid holidays. We believe providing a
work-life balance is key to your success and investing in your professional development is key to your growth and satisfaction.
