Merchants Bank IN
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Chief Credit Officer (CCO)
role at
Merchants Bank IN . Description The
Chief Credit Officer (CCO)
plays a critical role in safeguarding the bank’s credit portfolio and managing the risk associated with the commitment and funding of bank loans, with a strong emphasis on multifamily real estate-backed transactions. This executive ensures loans across our entire portfolio are properly reviewed, appropriately assessed, and maintained in a timely manner. This position will chair the Loan Workout Committee on the remediation and/or collection processes related to distressed assets. After one year as our Chief Credit Officer, you will know you were successful if you do the following confidently and independently: Establish and oversee procedures and guidelines for loan review and approval. Lead the loan review committee in executing reviews and approvals. Provide final recommendations on loan risk and acceptable mitigants. Recommend and oversee the implementation and maintenance of lending and risk strategies. Advise executive management on portfolio risk and mitigation strategies. Lead processes related to resolving delinquent loans and manage loan workout plans. Collaborate with loan officers to manage customer relationships related to non-current loans. Advise internal credit underwriting functions on organizational risk strategies. Lead the Loan Workout Committee in assessing external risk factors and their impacts on the bank portfolio. Contribute to the overall analysis and risk rating of portfolio loans. Requirements What we are looking for… Equivalent education and experience ensuring strong financial and business acumen; some combination of bachelor’s education, extensive related lending experience, and/or 15+ years’ relevant credit review experience. Must demonstrate strong experience with multifamily real estate credit and finance. Advanced understanding of financial statements, tax returns, and other relevant documents used in analyzing lending risk. Mastery of lending processes, industry terminology, and borrower information. Superior understanding of banking regulations related to lending and risk management. Sophisticated analytical skills for objective, fact-based decisions. Experience managing credit teams and collaborating with loan officers. Organized and detail-oriented, capable of translating complex information for broader audiences. Success in discerning market forces and developing profitable strategies. Strong knowledge of corporate governance, risk mitigation, and management best practices. Solid understanding of business finance and operations. About Merchants Ranked as a top U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is headquartered in Carmel, Indiana, operating segments including Multi-family Mortgage Banking, Mortgage Warehousing, and Banking services. As of December 31, 2024, it had $18.8 billion in assets and $11.9 billion in deposits. Merchants Bank and Merchants Capital have received the 2025 USA Today Top Workplaces award and have been recognized as a Best Place to Work in Indiana multiple years. Seniority level
Executive Employment type
Full-time Job function
Finance and Sales Industries
Banking
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Chief Credit Officer (CCO)
role at
Merchants Bank IN . Description The
Chief Credit Officer (CCO)
plays a critical role in safeguarding the bank’s credit portfolio and managing the risk associated with the commitment and funding of bank loans, with a strong emphasis on multifamily real estate-backed transactions. This executive ensures loans across our entire portfolio are properly reviewed, appropriately assessed, and maintained in a timely manner. This position will chair the Loan Workout Committee on the remediation and/or collection processes related to distressed assets. After one year as our Chief Credit Officer, you will know you were successful if you do the following confidently and independently: Establish and oversee procedures and guidelines for loan review and approval. Lead the loan review committee in executing reviews and approvals. Provide final recommendations on loan risk and acceptable mitigants. Recommend and oversee the implementation and maintenance of lending and risk strategies. Advise executive management on portfolio risk and mitigation strategies. Lead processes related to resolving delinquent loans and manage loan workout plans. Collaborate with loan officers to manage customer relationships related to non-current loans. Advise internal credit underwriting functions on organizational risk strategies. Lead the Loan Workout Committee in assessing external risk factors and their impacts on the bank portfolio. Contribute to the overall analysis and risk rating of portfolio loans. Requirements What we are looking for… Equivalent education and experience ensuring strong financial and business acumen; some combination of bachelor’s education, extensive related lending experience, and/or 15+ years’ relevant credit review experience. Must demonstrate strong experience with multifamily real estate credit and finance. Advanced understanding of financial statements, tax returns, and other relevant documents used in analyzing lending risk. Mastery of lending processes, industry terminology, and borrower information. Superior understanding of banking regulations related to lending and risk management. Sophisticated analytical skills for objective, fact-based decisions. Experience managing credit teams and collaborating with loan officers. Organized and detail-oriented, capable of translating complex information for broader audiences. Success in discerning market forces and developing profitable strategies. Strong knowledge of corporate governance, risk mitigation, and management best practices. Solid understanding of business finance and operations. About Merchants Ranked as a top U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is headquartered in Carmel, Indiana, operating segments including Multi-family Mortgage Banking, Mortgage Warehousing, and Banking services. As of December 31, 2024, it had $18.8 billion in assets and $11.9 billion in deposits. Merchants Bank and Merchants Capital have received the 2025 USA Today Top Workplaces award and have been recognized as a Best Place to Work in Indiana multiple years. Seniority level
Executive Employment type
Full-time Job function
Finance and Sales Industries
Banking
#J-18808-Ljbffr