Chief Credit Officer - Judge Group

Chief Credit Officer.
Draper UT, Lincoln NE (onsite)
Fulltime

Job Profile Summary

The Chief Credit Officer (“CCO”) is a senior executive officer of the bank that establishes credit and pricing strategy and policy under the direction of the board and CEO in support of the bank’s strategic plan. This position will chair the bank’s credit management committee and subcommittees and report the bank’s credit profile, strategy, risks, and opportunities regularly to the bank’s board of directors. The position establishes credit policy and procedures, provides structure and direction, and conducts credit review and credit approval within the bank. In addition, the Chief Credit Officer (CCO) reviews and updates loan policy and procedures as appropriate to maintain the overall credit quality of the bank’s loan portfolio. The CCO will establish and direct all lending activities, ensure the collection practices are appropriate, ensure fraud is managed, and perform all other credit-related functions. This position leads data analysts and other professionals that are responsible for developing credit models and providing analysis. This position will be particularly focused on the unique facets and products of the bank, including related regulatory interactions, operational, technology, servicing, fraud, pricing, underwriting, and all other execution required to operate the bank in a safe and sound manner consistent with all regulatory expectations.

Job Description

• Collaborate with the CEO in setting and driving organizational excellence that results in a strong credit management profile while delivering an exceptional customer experience, best-in-class employee satisfaction, and superior shareholder value. - Chair Credit Committee, participate as a member of ALCO, Risk and Compliance, and CRA Committees, including participation in CECL, Stress Testing, and Model Risk Management best practices to accomplish the bank’s goals within the bank’s risk profile and tolerance.
• Establish and own all bank credit risk management strategies, policies, and procedures that include the full credit life cycle, including originations, pricing, account management, substandard loans, delinquencies, collections, loan workouts, and recoveries, in alignment with the bank’s risk appetite framework and strategic plan.
• Develop a robust automated loan review process to ensure strict adherence to established credit, risk, and compliance policies and procedures.
• Work with the CEO and CFO to set appropriate loan loss reserve methodology that properly reflects and accounts for the risk in the loan portfolio.
• Identify and evaluate economic, regulatory, and other external factors as well as internal business strategies that could put the bank’s ability to succeed and meet its strategic plan at risk.
• Develop and ensure adherence to sound underwriting best practices, laws, and regulations.
• Manage all the bank’s lending operations, collection, and fraud activities.
• Manage the bank’s loan risk management process to monitor quality control and minimize losses.
• Review, analyze, or approve all loans as required in the bank’s credit policy.
• Inform the President/CEO, Board of Directors, and Credit Committee of any material considerations affecting the loan portfolio or policy.
• Closely align with risk management, compliance, and internal audit to ensure optimal balance between safe and sound lending practices, compliance, and strategic business objectives.
• Review loan portfolio performance for anomalies and policy exceptions and make recommendations that improve the overall loan portfolio performance.

• 15-20+ years of broad-based consumer and commercial banking experience.
• Experience in holding senior executive leadership positions.
• Extensive experience operating in a highly regulated environment with direct experience interacting with regulators and boards.

COMPETENCIES—SKILLS/KNOWLEDGE/ABILITIES:

• In-depth knowledge of designing and executing credit strategies that are strategically focused on risk-balanced asset growth and P&L performance.
• Extensive banking and regulatory relations experience
• Excellent written and oral communication skills; ability to communicate effectively and project a professional image.
• Demonstrated ability to manage multiple priorities while leading team members and working across the organization with colleagues to achieve results.
• Strong analytical and problem-solving skills with the ability to achieve goals.
• Demonstrated aptitude for learning and deploying new technologies.
• Effective interpersonal skills with the ability to work with individuals and groups at all organization levels; ability to work independently and as part of a team.
• Ability to take initiative and prioritize tasks; good time management, organizational, problem-prevention, and problem-solving skills.
• Knowledge and understanding of banking rules, regulations, laws, and all policies and procedures pertaining to them.
• Strong analytical ability with active listening skills.
• Ability to work accurately with close attention to detail.
• Ability to maintain confidentiality of sensitive information.