Chief Credit Officer

Job Description

Job Description

Description :

Objective : The Chief Credit Officer (CCO) is a key member of the senior management team responsible for establishing and executing the Bank’s credit risk strategy. This role provides strategic direction, oversight, and leadership for all credit-related activities, ensuring sound credit practices, regulatory compliance, and alignment with the Bank’s growth objectives. The CCO manages the credit culture, oversees underwriting standards, and ensures the quality and performance of the loan portfolio while maintaining an appropriate risk appetite.

ESSENTIAL DUTIES & RESPONSIBILITIES

Credit Risk Leadership

• Develop, implement, and maintain the Bank’s credit risk management framework, policies, and procedures.
• Oversee the underwriting and approval of new commercial credit requests, loan participations, and complex credit structures.
• Chair and manage the Bank’s Credit Committee; provide guidance on large or complex credit decisions.
• Monitor and report on portfolio quality, credit concentrations, and emerging risks to senior management and the Board of Directors.
• Maintain and oversee the Allowance for Credit Losses (ACL) methodology and adequacy.
• Ensure compliance with all applicable banking regulations, internal policies, and industry best practices.
• Serve as the primary point of contact for regulators and external auditors on credit-related matters.

Strategic & Operational Responsibilities

Governance & Reporting

Leadership & Talent Development

Requirements : QUALIFICATIONS

Education & Experience

Knowledge, Skills & Abilities

Physical Demands :

Work Environment :

This Position Description reflects management’s assignment of major responsibilities, which represent the most essential functions. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. They may be subject to change at any time due to reasonable accommodation or other reasons.

EEO

Member FDIC