Chief Credit Officer – To $230K – Memphis, TN – Job # 3365
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent.
The Position
Our bank client is seeking to fill a Chief Credit Officer role in the Memphis, TN area. The selected candidate will be responsible for the overall management of the Bank’s loan portfolio, loan approvals, loan concentrations and risk management. Provides support and direction to lending staff and oversees loan policies and procedures to ensure the overall quality of the bank’s lending portfolio. Supervises collection of problem loans and strategies to minimize charge offs. The Chief Credit Officer is the primary driver of the credit culture and ensures a high quality, low risk loan portfolio that reflects the risk appetite as outlined by the Board. Takes a key role in the development of new credit products.
Chief Credit Officer responsibilities include:
- Act as Chairman of the Loan Committee
- Exercise oversight of the bank’s risk management to control risk in the Bank’s credit portfolio.
- Chair the Loan Classification Committee which exercises oversight for adequacy of risk ratings and recovery of problem loans.
- Review and analyze credits to conduct assigned credit approval authority.
- Establish and analyze financial metrics of the Bank’s loan portfolio for adherence to regulatory guidelines.
- Responsible for creating policies, standards, processes, metrics, tools, and analytics to inform management on credit risks.
- Provide leadership and management to Loan Operation employees.
- Responsible for the development and implementation of the CECL model.
- Primary contact to work with regulators in conducting safety and soundness examinations.
- Lead, motivate, train, direct and supervise direct reports.
- Prepare various management, regulatory and Board of Directors reports regarding loan portfolio performance.
- Approve and coordinate changes in automated financial systems relating to the Bank’s loan portfolio.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion.
You also bring the following skills and experience:
- Bachelor’s degree from a four-year institution in finance or accounting
- Minimum 10 years of experience in leadership, credit and risk management.
- Computer skills including Windows-based software, word processing and spreadsheet applications.
- 3 years of experience as a CCO with a bank of $5B in assets or more.
The next step is yours. Email us your current resume along with the position you are considering to: resumes@symicorgroup.com
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