Chief Credit Officer

There are important qualities you look for in an employer – meaningful work, community engagement, competitive benefits, commitment to employee development, and so many more. At Bankers Trust, our team members experience an inclusive and community-focused culture and we're proud of the premier workplace we've created. We regularly receive best in class results through our biennial employee engagement survey. We're also proud to receive recognition from others, including our designation as a "Best Place for Working Parents," being a four-time recipient of the Greater Des Moines Partnership's Inclusion Award, and being named one of the "Best Businesses Supporting Local Charity" by readers of the Business Record.

Job Summary:

The Chief Credit Officer (CCO) is responsible for identifying and mitigating the Bank's credit risk. The CCO will oversee the Banks credit policies, procedures, and processes ensuring appropriate mitigation of the risks inherent in the loan portfolio. The CCO is responsible for the attainment of lending objectives and the overall direction and operations of the credit department, including individual loan and portfolio quality.

Primary Functions and/or Responsibilities:

• Identifies and mitigates the Bank's overall credit risk. This includes, but is not limited to, commercial and consumer loans and digital transmission of funds (ACH, wire, remote deposit and ECL). Takes action to mitigate identified risks.
• Approves credit requests within individual and team authorities
• Oversees and provides active management of the Bank's credit underwriting function for all markets
• Partners with the bank's market leaders to help promote the safe and sound growth of the loan portfolio
• Maintains and oversees the roll-up of the Division budget, appropriating funds to grow business while adhering to expense reduction
• Provides relevant updates and cross-functional education at strategic planning sessions and quarterly management committee meetings
• Represents the Bank by attending Bank-sponsored community events, especially those with a DEI focus
• Joins community boards, especially with a focus on CRA opportunities
• Collaborates with Loan Review to ensure areas of risk are identified, quantified and reported; including coordination of problem credits.
• Develops and implements strategic initiatives that promote an efficient and scalable department
• Chairs the Senior Loan Committee & serves as a member of the ALLL Committee and the ALCO Committee
• Participates as a member of the Bank's Management Committee
• Manages and develops staff to ensure consistent credit guidance and loan quality standards
• Performs other duties as assigned

Education and/or Experience:

• College degree in business related field required
• At least 10 years of commercial lending, loan administration, or regulatory experience required
• Supervisory experience preferred
• Four-year college degree in a related field preferred OR an equivalent combination of education and experience

Specific Skills, Knowledge & Abilities:

• Ability to establish acceptable risk parameters for enterprise credit exposure
• Ability to train and develop Credit Analysts to analyze credit and identify specific occurrences or trends in financial performance
• Ability to train and develop Commercial Portfolio Managers to make credit decisions within assigned authority or make well supported recommendations for credit requests above assigned authority
• Strong credit analysis techniques and analytical skills
• Must be able to structure credits and make timely credit decisions
• Strong knowledge of loan documentation
• Strong knowledge of Bank Regulations
• Must understand lending law and compliance policies and procedures, as well as knowledge of work out credits
• Ability to maintain relationships with top-tier clients and/or community leaders and seek out additional referral and business opportunities on an ongoing basis.
• Ability to demonstrate honest and ethical behavior, consistently illustrating Bankers Trust values in your words and actions
• Respect, recognize and celebrate the strength of Bankers Trust's greatest asset, the value of all people, via diversity, equity and inclusion efforts.
• Ability to develop leaders who develop their own team members, building an effective talent pipeline, creating engaged, innovative and professional teams with viable succession plans.
• Ability to develop and communicate strategic vision for the Division, leading projects and setting goals to align with the organization's strategic pillars.

Benefits

• Group Health, Dental, and Vision Insurance
• Generous Paid Time Off (PTO)
• Volunteer Time Off (VTO)
• 401(k) plan with lucrative company match
• Tuition assistance
• Company Paid Life Insurance
• Paid Parental Leave
• Lifestyle Accounts that provide employees with reimbursement for the things that are most important to them such as childcare, student loan payments, gym memberships, pet insurance and much more.
• Team Member Banking - a suite of products and services with special benefits for employees

Hybrid Eligibility: Position may be eligible for a hybrid work schedule (requiring some days in the office each week).

EQUAL OPPORTUNITY EMPLOYER

"PROTECTED VETERANS" AND "INDIVIDUAL WITH DISABILITY"