Chief Credit Officer

The Symicor Group; Memphis (TN); On-site; USD 167,000 - 204,000; Full time

Job summary

The Symicor Group seeks a Chief Credit Officer based in Memphis, TN to lead the credit department and oversee loan risk management. This senior role reports to executive leadership and directs policy and training for underwriting standards.

Offering a base salary up to $185K plus an excellent benefits package, the position is not remote and requires extensive experience in financial/credit analysis, lending, and management within a bank setting.

Qualifications

• Bachelor's degree from a 4-year college or university.
• Ten+ years of related work experience in financial/credit analysis and lending.
• Management experience required.
• Heavy experience with C&I lending required.
• Loan workout experience and SBA knowledge preferred.
• Completion of formal bank management executive school or related degree preferred.
• Ability to create and analyze credit presentations, loan policies, and procedures.
• Ability to read and interpret business periodicals, journals, or regulations.

Responsibilities

• Oversee loan risk management to minimize losses and ensure quality control.
• Maintain loan policy and procedures to ensure underwriting compliance with laws and regulations.
• Stay current on regulatory changes and market trends; update team and policies as needed.
• Inform President/Board/Loan Committee of material portfolio considerations.
• Develop and oversee internal credit training; hire and coach staff.
• Ensure loans are properly documented for covenant compliance and safety.
• Oversee impairment analysis and loan packet development.
• Review loans prior to External Loan Committee meetings.
• Oversee stress tests and annual large loan reviews.
• Lead loan review efforts and train internal loan reviewers.
• Coordinate continuing education and training sessions for staff.
• Maintain Disaster Recovery Plan employee data.
• Perform other duties as assigned.

Skills

Credit analysis

Lending

Management

Policy development

Education

Bachelor's degree

Job description

Chief Credit Officer To $185K Memphis, TN Job # 3806-17719

The Position Our bank client is seeking to fill a Chief Credit Officer role to be based in the Memphis, TN market. The selected candidate will be responsible for providing leadership and support of all credit department operations.

This position offers a generous base salary of up to $185K and an excellent benefits package. (This is not a remote position) Chief Credit Officer responsibilities include:

• Oversee the bank's loan risk management process to monitor quality control and minimize losses.
• Maintains loan policy and loan procedures to ensure adherence to sound underwriting best practices, laws, and regulations.
• Stays current on banking regulatory changes, monitors industry's best practices and economic trends, provides updates to other members of the team, and ensures that current practices and policies are compliant and appropriate to changing conditions.
• Informs the President, Board of Directors, and Loan Committee of any material considerations affecting the loan portfolio or policy.
• Develops and oversees the Bank's internal credit training program, working with credit department staff and external resources. Uses strong management practices to hire, coach, and develop the credit team, ensuring that the team remains appropriately staffed.
• Ensures loans are properly documented for covenant compliance as well as safety and soundness (via Loan Operations Department).
• Oversees Impairment Analysis.
• Reviews Loans prior to External Loan Committee meeting.
• Development of loan packets.
• Oversees stress tests.
• Responsible for annual large loan review and annual review of loan policy.
• Leads loan review and trains internal loan review.
• Continuing education and/or training sessions, as required.
• Maintains current employee information in the Disaster Recovery Plan.
• Performs other duties as assigned.

Who Are You?

You're someone who wants to influence your own development. You're looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.

You also bring the following skills and experience:

• 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.