Chief Credit Officer – Up to $120K – Los Angeles, CA – Job # 1991
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, 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 client seeks to fill a Chief Credit Officer in the greater Los Angeles, CA market. The CCO functions as a member of the Executive Management team and serves as the credit representative to the Board of Directors. The selected candidate will be responsible for developing and maintaining the quality of the Bank’s overall credit portfolio consistent with established policy and regulatory standards. The main purpose of this position is to establish internal controls and develop written policies and procedures for extending credit to the bank’s customers while ensuring that they effectively meet the overall goals of the company.
This position includes a generous salary of up to $120K plus bonus and an excellent benefits package.
Chief Credit Officer responsibilities include:
- Managing all aspects of the credit risk management function including design, execution, and communication of policy, approval process, administration, and portfolio analysis.
- Developing alliances with other departments to develop strategies and create personally tailored credit-related products, that are right for the clients and the Bank, leading to the overall growth of the Bank’s loan portfolio.
- Developing and maintaining standardized policies and procedures to assure the effective delivery of Credit Products for the bank and enhance the overall quality of the Bank’s loan portfolio.
- Providing a monthly Credit Administration report to the Board of Directors.
- Overseeing and enforcing credit underwriting and loan documentation to make sure requirements are met.
- Maintaining ongoing support of the Bank’s credit culture for all significant lending units, which include broad client segments such as consumer, business, commercial and corporate banking.
- Providing oversight for an effective credit approval process within the company that supports the credit risk appetite of the Bank while also facilitating desired asset growth objectives.
- Formulating, reviewing, and approving lending policies and procedures.
- Responsible for the Allowance for Loan and Lease Losses (ALLL).
- Representing the Bank in various community, civic, and community reinvestment functions to further enhance the Bank’s image and develop additional business; assists the Bank in establishing and maintaining market position in the financing arena.
- Serving on the Loan Committee and the ALCO Committee.
- Other duties and responsibilities as may be assigned by supervisor.
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 or Master’s degree preferred in finance or related areas.
- Ten or more years of commercial, SBA, and consumer lending, underwriting, and Credit Administration.
- Knowledge of Bank regulatory issues and experience with such agencies.
- Experience in workouts and restructuring.
- Proven record of strong problem solving and analytical skills.
- Prior leadership and management experience required.
- The ability to cross-sell Bank’s products and services to existing clients as well as prospects.
- Superior negotiation, relationship building, and professional reliability.
The next step is yours. Email us your current resume along with the position you are considering to:
resumes@symicorgroup.com
