Chief Lending Officer (CLO) Banking
MALAGA BANK
Job Description
Job Description
Chief Lending Officer (CLO) (Full-time)
The Chief Lending Officer (CLO) is responsible to lead lending functions and staff, overseeing the quality, growth, risk management, and profitability of the bank’s loan portfolio. This position offers strong potential for career growth to meet long-term succession planning objectives. The CLO will report directly to the CEO.
Key responsibilities include Portfolio Management to drive loan portfolio growth, manage risk, and maintain credit quality under the CEO's direction; directly supervise, coordinate, and develop lending department staff. Participation in ALCO and other executive management committees.
Provides financial oversight. Able to manage expense control and meet budget objectives for loan growth; create strategies to recommend and implement loan objectives, approaches, and new loan products. Growth of the loan portfolio is critical.
Qualifications for the position of CLO are proven experience managing bank lending functions and supervising staff, strong background in multi-family income property and commercial real estate lending, demonstrated track record of managing budgets, portfolio growth, expense control, and strong leadership skills with the potential for executive advancement.
Ensures compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
South Bay residence preferred. Excellent benefits and fun work environment are included.
Required in office work M-F, Loan Center in Torrance.
Malaga Bank is an Equal Opportunity Employer.
\nCompany DescriptionMalaga Bank is a high-performing, $1.5 billion community bank in Southern California. Our lending primarily focuses on multi-family income property loans in Southern California. We pride ourselves on stability, local expertise, and exceptional service.
Company Description
Malaga Bank is a high-performing, $1.5 billion community bank in Southern California. Our lending primarily focuses on multi-family income property loans in Southern California. We pride ourselves on stability, local expertise, and exceptional service.
$120k - $180k
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