Chief Credit Officer

6 days ago


Chicago, Illinois, United States BritePros Medical Staffing Full time
Job Title: Chief Credit Officer

We are seeking a highly experienced Chief Credit Officer to join our team. As a key member of our leadership team, you will be responsible for providing leadership and support of all credit department operations.

Key Responsibilities:
  • Manage credit policy and credit performance for a bank's CRE, C&I, and SBA credits.
  • Lead the credit team and support loan products, policies, and procedures that ensure the overall quality of the Bank's lending portfolio.
  • Ensure high-quality credit analysis on individual loans, portfolio stress testing, and calculating monthly allocations to the Loan Loss Reserve (ALLL/CECL).
  • Assist in meeting annual loan growth goals assigned by senior management and the Board of Directors.
  • Coordinate external loan audits, including regulatory examinations.
  • Review large and complex loans prior to their submission to the Officer's Loan Committee.
  • Organize and distribute credit information covering loan quality trends, growth indicators, and loan product concentrations.
  • Manage stress testing of the loan portfolio using the Bank's primary loan origination system software.
  • Ensure that individual loans are risk rated correctly when reviewing loans for Officer's Loan Committee approval.
  • Supervise the Bank's special assets area in curing weak credits, collection of such credits, or the movement of such undesirable credits.
Requirements:
  • Bachelor's degree (BA) or equivalent from a 4-year college or university.
  • Ten or more years of related work experience in financial/credit analysis and lending.
  • Management experience required.
  • Heavy experience with C&I lending required.
  • Loan workout and SBA experience preferred.
  • Ability to create and analyze credit presentations, business correspondence, loan policies, and loan procedures.
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.

We are looking for a highly skilled and experienced professional to join our team. If you have a passion for credit analysis and lending, and are looking for a challenging and rewarding role, please submit your application.



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