SVP, Chief Credit Officer

Description: Position Summary The Chief Credit Officer is responsible for the overall management of the Bank’s Credit Administration department, including the underwriting and loan review analysis process and all functions providing lending support, direction, credit information, and loan policies, procedures and processes to ensure the overall quality of the Bank’s lending portfolio.
Partners with the CEO to identify portfolio risks and provide guidance on the risk tolerance of the bank in relation to the economic conditions and projections.
Essential Job Functions/Responsibilities Responsible for the day-to-day management of the Credit team, performing analytical and operational support duties within the department.
Responsible for ensuring the team’s performance is within established policies, procedures, and standards.
Accountable for the ongoing training, coaching, professional development, and performance improvement for self and supporting staff.
Point person for the analysis team's hiring, firing, and performance review process.
Serves as a department resource and resolves more complex problems.
Reviews, analyzes and approves credits according to board approved policies before committee submission.
Informs the President & CEO, Board of Directors and Loan Committee of any material considerations affecting loan portfolio or policy.
Responsible for providing on-going reporting related to credit metrics and portfolio management the Board.
Chairs the Credit and Managed Asset Committees, participate in ALCO, Senior Leadership team, and various other committees and task forces relevant to the position.
Coordinates developing and maintaining Loan Policy and Loan Procedure to ensure adherence to sound underwriting best practices, laws, and regulations.
Builds and leads high-performing, inclusive credit teams.
This includes hiring diverse, top-talent credit professionals, ensuring effective partnerships and active participation in relationship strategy reviews, and ongoing mentoring, coaching, and development of credit officers and underwriters.
Participates in the annual goal-setting and communicates those goals to the credit teams.
Drives the Credit Process – Works to evaluate the current loan systems, credit scoring model, and overall credit process to implement more efficient policies and procedures to improve the credit decision process.
Supervises assigned teams of Credit Officers and underwriters and ensures smooth interaction and consistent workflow in the credit approval process.
Loan Structuring – Respond promptly to transaction requests to determine the feasibility and nature of the analysis and identifies critical issues.
Credit Decision – Ensures effective credit and risk management collaboration to determine appropriate financing solutions.
Approves/Declines and notifies risk management and team members as warranted.
Asset Quality Standards – Designs and implements asset quality measures.
Ensures timely identification of deteriorating credits.
Promotes a credit culture based on strong asset quality.
Provides accurate and timely risk rating of the assigned portfolio.
Best Practice Sharing – Keeps abreast of industry and market trends and communicates these trends to Credit Executives where appropriate.
Lender Involvement – Maintain frequent contact with the Bank Lending Teams and occasionally travel to locations.
Community Involvement – Participates in community activities to promote business development efforts and ensure a robust credit risk culture.
Ensures compliance with all banking laws, rules, regulations, and prescribed policies/practices/procedures necessary to reduce risk and uphold ethical standards related to and required by one’s duties.
Maintains effective expense control in operating the departments.
Works collaboratively with other Bank leaders to ensure smooth operations and consistent practices.
Assist in the Bank’s audits and provide information to FDIC and State Auditors.
This position has the ability to be a hybrid role with the option to work from home on Monday, Wednesday and Friday with the expectation that they will report to the main office in South Easton on Tuesday and Thursday.
Requirements: Bachelor’s degree in Finance, Accounting or related field required.
MBA or graduate degree preferred.
15 plus years’ experience in Credit Administration within the banking industry with 5+ years in a leadership position.
Proven leadership experience with a broad background in the full range of banking credit disciplines.
Must possess proficient computer skills, including Outlook, Teams, Word, Power Point, and Excel.
Effective interpersonal skills with the ability to work with individuals and groups at all organizational levels; ability to work independently and as part of a team.
Excellent written and oral communication skills; ability to communicate effectively and project a professional image when providing and receiving information in all communication mediums.
Comprehensive knowledge of business lending, real estate, and other related banking operations.
Knowledge and understanding of banking rules, regulations, laws, best practices and all policies and procedures, including, but not limited to, the Bank Secrecy Act.
Ability to take initiative and prioritize tasks; good time-management, organizational, problem-prevention, and problem-solving skills.
Strong analytical ability with active listening skills.
Ability to work accurately with close attention to detail.
Ability to maintain confidentiality of sensitive information.
Superior decision-making skills and judgment.
Ability to be precise and meet strict regulatory deadlines.
Prior supervisory, coaching, and leadership experience.
Excellent communication, project management, technical, interpersonal, and influencing skills.
Proven success in working in an organization with a strong collaborative environment.
Critical thinking, both tactically and strategic.
The above is a description of the ordinary duties of the position.
It should be expected that from time-to-time other duties (both related and unrelated to the above) may be assigned and are therefore required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
North Easton Savings Bank is dedicated to being an equal opportunity workplace.
To reach and maintain this goal, the Bank strictly prohibits harassment and discrimination based on gender, sex, race, ethnic background, age, physical disability, mental disability, and anything else protected by law.
North Easton Savings Bank welcomes diversity and we believe that diversity is the root of successful teams and an overall successful workplace.