Chief Credit Officer - Job # 3806-17719

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

Job summary

The Symicor Group is assisting a Memphis, TN-based bank client in hiring a Chief Credit Officer. This executive leads the credit department, oversees loan risk management, policy adherence, and regulatory compliance to protect the portfolio and earnings.

The position offers a base salary up to $185K and an excellent benefits package. It is not a remote role and requires extensive banking experience, including heavy C&I lending, loan workout expertise, and strong leadership capabilities.

Qualifications

• Bachelor’s degree from a 4-year college or university.
• Ten+ years in financial/credit analysis and lending.
• Management experience required.
• Heavy experience with C&I lending.
• SBA/loan workout experience preferred.
• Bank management program or related degree preferred.
• Ability to create and analyze credit presentations, loan policies, and procedures.
• Ability to read and interpret business/regulatory materials.

Responsibilities

• Oversee loan risk management and minimize losses.
• Maintain loan policy and underwriting procedures.
• Monitor regulatory changes and industry trends; report to leadership.
• Inform President, Board, and Loan Committee of material considerations.
• Develop and oversee internal credit training; hire and coach staff.
• Ensure proper loan documentation for covenant compliance.
• Oversee impairment analysis.
• Review loans before External Loan Committee meeting.
• Develop loan packets; oversee stress tests.
• Lead annual large loan review and loan policy review.
• Lead loan review and train internal loan review.
• Coordinate continuing education; manage Disaster Recovery Plan information.
• Perform other duties as assigned.

Skills

Credit analysis

Management

C&I lending

SBA experience

Regulatory knowledge

Education

Bachelor's degree

Job description

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

The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, 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 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.