Job Description
Chief Credit OfficerTo $170KOklahoma City, OKJob # 3423 Who We Are The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & San Antonio, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves! We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you. The Position Our bank client is seeking to fill a Chief Credit Officer role in the Oklahoma City, OK area. The selected candidate will be responsible for providing leadership and support of all credit department operations. This position offers a competitive salary of up to $170K and a full benefits package. (This is not a remote position). Chief Credit Officer responsibilities include:
- Must have a significant background managing credit policy and credit performance for a bank's CRE, C&I and SBA credits
- Leading the credit team and supporting loan products, policies, and procedures that ensure the overall quality of the Bank's lending portfolio.
- Ensuring high-quality credit analysis on individual loans, portfolio stress testing, and calculating monthly allocations to the Loan Loss Reserve (ALLL/CECL).
- Key member of the bank's leadership team and serves on various committees, including Officer's Loan Committee and Pricing Committee.
- Assisting in meeting annual loan growth goals assigned by senior management and the Board of Directors.
- Assisting in coordinating external loan audits, including regulatory examinations.
- Reviewing large and complex loans prior to their submission to Officer's Loan Committee; reviews consist of making recommendations on loan structure, terms, and pricing so as not to expose the Bank to undue credit risk.
- Organizing and distributing credit information covering loan quality trends, growth indicators, and loan product concentrations; working closely with the credit team in reviewing economic trends and assessing the impact on the Bank's loan portfolio.
- Managing stress testing of the loan portfolio using the Bank's primary loan origination system software.
- Ensuring that individual loans are risk rated correctly when reviewing loans for Officer's Loan Committee approval.
- Supervising the Bank's special assets area in curing weak credits, collection of such credits, or the movement of such undesirable credits; assists in the compilation of loan status reports and implementing respective loan action plans; prepares a report re-aging the status of the Bank's special assets for submittal to the Board of Directors for review.
- Presenting and discussing loan information submitted to the Board of Directors for review, including the ALLL/CECL calculation, graded loan reports, and other loan quality information and trends.
- Assisting in maintaining relationships with the SBA and supporting requests with various guaranteed loan programs when it strategically benefits the bank and the borrower.
- Bachelor's degree (BA) or equivalent from a 4-year college or university.
- Ten or more years of related work experience must consist of a financial/credit analysis and lending.
- Management experience required.
- Heavy experience with C&I lending required.
- Loan workout and SBA experience preferred.
- Completion of formal bank management
- executive school or financial industry-related degree program 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.
Key skill Required
- Accounting
- Credit Risk
- Ability To Read
- Analysis
- Bank Management
- Business Correspondence
- Credit Analysis
- Development
- Influence
- Leadership
- Lending
- Loan Origination
- Loan Portfolio
- Loan Workout
- Management
- Senior Management
- Stress Testing
- System Software
- Talent Acquisition
