Chief Credit Officer

Chief Credit Officer
Qualifications: 1) Bachelors Degree or 10 years of progressive experience managing credit administration or loan operations.2) Completion (certification) of formal credit training program through RMA or other bank training program.3) Experience in regulatory compliance, including CRA compliance.4) Excellent oral and written communication skills. 5) Team building and interpersonal skills.6) Strong independent thinking.7) Demonstrated board reporting and presentation experience.
Primary Responsibilities: - Chief Credit Officer manages acceptable credit risk within the Bank's loan portfolio to ensure the Bank's safe and sound asset growth goals.- Understands applicable state and federal lending and compliance laws and regulations and is capable of implementing appropriate policies and procedures.- Maintains and updates the bank's credit policies and procedures, effectively communicating these policies and procedures to appropriate lending staff. - Directs credit analysis staff in providing timely, comprehensive, accurate, and informative credit presentations, including loan analysis and all third-party loan servicers. Performs accurate risk rating for each significant credit. - Performs and/or directs staff to perform appraisal reviews in compliance with state and federal laws and regulations.- Manages the loan approval process and coordinates the Loan Committees.- Works closely with the President/CEO and other members of Senior Management to develop, implement, and evaluate loan programs and services for the lending department.- Supervises the loan officer's collection activities and collateral exceptions.- Designs and implements an effective and complex allowance for loan loss and lease loss (ALLL) methodology and a CRE concentration monitoring program.- Reviews and approves problem loan reports, monitors the ALLL and makes Board recommendations to maintain and appropriate allowance level.- Closely monitor economic, demographic and other risk conditions in areas where collateral is located.- Facilitates and organizes bankruptcy filings, ORE, and repossessed assets and report status to President.- Manage and perform annual loan reviews on all credits exceeding $500,000.- Manage the Loan Operations Department operations and workflow.- Communicates loan portfolio performance to the Board of Directors monthly by providing past due reports, concentrations of credit, etc., and provides credit risk management reports to the Board periodically.- Reviews and certifies the completeness and accuracy of all credit administration board reports.- Manages loan delinquencies and loan servicing matters, including third party servicers.- Conducts comprehensive due-diligence of sellers, servicers, and loan assets or loan participations prior to purchase, ensuring no geographic, economic concentrations or other conditions exist to protect the bank and diversify credit and collateral risks in the overall portfolio.- Trains and coaches loan origination officers in properly analyzing, structuring, and pricing new loans and in completing credit approval requests accurately and efficiently.- Maintains awareness of completing financial institutions credit products and services to ensure the Bank is providing appropriate and competitive credit products and services. Work with lenders to develop new credit products and services and the underwriting standards necessary to mange those products.- Produces a loan-pricing model in conjunction with ALCO to ensure the Bank is pricing loans competitively with an acceptable risk adjusted return to the Bank.
Summary: The purpose of this position is to supervise and manage the Bank's retail and wholesale credit administration department, ensuring appropriate policies and procedures are in place, and ensuring the bank's lending activities adhere to policy guidelines, loan documentation is adequate to ensure security of collateral, and that ongoing administration and review is adequate to maintain the loan portfolio's quality and profitability.

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On-line at: http://public.bullhornstaffing.com/JobBoard/Standard/BHContent_JobDetail.cfm?jobPostingID=280

Contact Lee at (504) 525-9408 or lee-resumes@myrecruiting.biz

McIntyre Youngblood Recruiting, LLC (dba MYRecruiting), an equal opportunity employer, specializes in the recruitment of ACCOUNTING , FINANCE, LEGAL and INFORMATION TECHNOLOGY professionals for direct hire, contract to hire and contract opportunities. MYRecruiting is an equal opportunity employer with offices in New Orleans, Houston and Dallas http://www.myrecruiting.biz/
All applicants must be authorized to work in the Unites States of America.

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