Chief Credit Officer (CCO)

Chief Credit Officer (CCO)

About the Company

A bank focused on lending, credit policy, compliance, and profitability.

Industry
Banking

Type
Privately Held

About the Role

The Company is seeking a Chief Credit Officer to oversee and direct the lending and centralized loan activities, ensuring the quality and profitability of the loan portfolio. The successful candidate will be responsible for approving and rejecting loans, maintaining the Loan Risk Rating System, and training lenders in the analysis and booking of high-quality earning assets. Additionally, the Chief Credit Officer will be involved in the development and implementation of credit policies and procedures, as well as the management and supervision of credit, special assets, loan compliance, and SBA servicing/liquidation. The role also includes maintaining loan loss reserve adequacy, staffing, training, and supporting business development efforts. Applicants for the Chief Credit Officer position at the company should have a strong background in credit and lending, with a focus on quality control and risk management. The role requires a leader who can coordinate with executive officers in the development of strategic plans and objectives for the bank. Essential skills include the ability to monitor and control the loan portfolio, ensure compliance with regulatory standards, and manage the credit department's staff and expenses. The ideal candidate will have a proven track record in the industry, be adept at problem-solving, and have excellent communication and interpersonal skills to support business development and maintain relationships with outside organizations.

Hiring Manager Title
President

Functions

• Finance