Chief Credit Officer

PURPOSE OF POSITION:

The Chief Credit Officer ensures lending policies and procedures best serve the bank and its customers. The Chief Credit Officer will be responsible for developing, recommending, and implementing lending policies and products. They will manage the loan department while ensuring compliance with state and federal lending laws. The Chief Credit Officer will monitor and analyze economic conditions affecting the loan department and loan portfolio performance and recommend appropriate action.

QUALIFICATIONS:

• Bachelor’s degree (preferred) with 10+ years of lending experience; OR,
• Any equivalent combination of experience, training and/or education approved by Bank Management

 PRIMARY DUTIES:

• Set the loan department’s strategic plans to align with the bank’s business plan
• Establish and ensure the implementation of target goals for the department
• Direct the work of the loan department in all lending areas to include underwriting, loan documentation and approval or denial of all loans
• Oversee the entire loan portfolio, ensuring asset quality and consistent pricing
• Have current knowledge of changes in the industry and changing trends in lending and react to those changes in a way that maintains competitiveness in the bank’s loan products and services
• Ensure that loan policies, procedures, services, products, and documentation meet federal and state regulations and underwriting standards of the Board and Senior Loan Committee
• Monitor and review allowances for loan and lease loss analysis and make recommendations regarding provision expense and adequacy of the ALLL account
• Maintain a loan portfolio and/or pipeline of existing customers and maximize relationships based on the customer’s needs
• Maintain up to date knowledge of competitors’ rates, terms, products and other marketplace trends relating to lending
• Chair the Senior Loan Committee
• Coordinate and lead department meetings
• Establish and maintain appropriate internal control safeguards
• Perform personnel actions including performance evaluations, disciplinary actions, and interviewing candidates for employment
• Provide leadership and actively participate in customer, community, and public relation activities to increase the bank’s visibility and to enhance new business opportunities
• Provide efficient and courteous service while cross-selling products and services to generate new business for the bank
• Comply with bank policies, operations, and security procedures
• Maintain customer confidence and protect the bank operations by keeping information confidential
• Perform other duties as reasonably assigned

 ORGANIZATIONAL RELATIONSHIPS:

• Responsible to the bank’s President/Chief Operating Officer for the successful performance of assigned responsibilities. Also has key relationships with the bank’s Chief Executive Officer and the Board of Directors.
• Seeks assistance and advice from other bank personnel as needed, to ensure the successful performance of assigned responsibilities.

 METHODS OF ACCOUNTABILITY:

Through both oral and written reports to immediate and department supervisors.

 KNOWLEDGE, SKILLS, AND ABILITIES:

• Working knowledge of personal computer, including Microsoft Office products
• Ability to use general office machines
• Attentive to detail and accurate
• Self-motivated
• Critical and analytical thinking skills, along with problem-solving abilities
• Flexible, able to work under pressure, meet deadlines, and prioritize workflow
• Ability to work in a team environment
• Willingness to learn
• Ability to maintain a positive attitude
• Ability to communicate through both written and verbal skills
• Represent the attributes of a banker (enthusiastic, courtesy, teamwork, loyalty, accuracy, confidentiality, compassion, and welcoming)
• Ability to meet bonding requirements for employment purposes

 PHYSICAL DEMANDS:

The physical demands described here are representative of those that must be met by an employee to successfully 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 is regularly required to stand; walk; sit; use hands to finger, handle, or feel; reach with hands and arms; talk or hear.  The employee must regularly lift and /or move up to 25 pounds and occasionally lift and/or move up to 50 pounds.  Specific vision abilities required by this job include close vision, color vision, and ability to adjust focus.

WORK ENVIRONMENT AND ENVIRONMENT CONDITIONS:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The noise level in the work environment is usually moderate.  No or very limited exposure to physical risk.