PLATINUM BANK
Job Description
Job Description
Description :
Objective: The Chief Credit Officer (CCO) is a key member of the senior management team responsible for establishing and executing the Bank’s credit risk strategy. This role provides strategic direction, oversight, and leadership for all credit-related activities, ensuring sound credit practices, regulatory compliance, and alignment with the Bank’s growth objectives. The CCO manages the credit culture, oversees underwriting standards, and ensures the quality and performance of the loan portfolio while maintaining an appropriate risk appetite.
ESSENTIAL DUTIES & RESPONSIBILITIES Credit Risk Leadership
Develop, implement, and maintain the Bank’s credit risk management framework, policies, and procedures.
Oversee the underwriting and approval of new commercial credit requests, loan participations, and complex credit structures.
Chair and manage the Bank’s Credit Committee; provide guidance on large or complex credit decisions.
Monitor and report on portfolio quality, credit concentrations, and emerging risks to senior management and the Board of Directors.
Maintain and oversee the Allowance for Credit Losses (ACL) methodology and adequacy.
Ensure compliance with all applicable banking regulations, internal policies, and industry best practices.
Serve as the primary point of contact for regulators and external auditors on credit-related matters.
Strategic & Operational Responsibilities
Partner with senior management to align credit strategy with the Bank’s growth objectives and risk appetite.
Provide thought leadership on credit trends, economic conditions, and portfolio diversification strategies.
Drive process improvements to enhance credit decisioning, efficiency, and scalability.
Support business development by participating in client and prospect meetings as needed.
Governance & Reporting
Prepare and present credit risk reports, portfolio analytics, and stress testing results to the Board and senior leadership.
Lead internal credit reviews and ensure timely remediation of findings.
Maintain strong internal controls and risk management practices across all credit functions.
Leadership & Talent Development
Lead, mentor, and develop the credit team to ensure high performance and professional growth.
Foster a culture of accountability, collaboration, and continuous improvement within the credit function.
Cultivate relationships with senior management to align on key messaging and departmental direction.
May manage other departments related to credit or operational processes.
Requirements Education & Experience
Bachelor’s degree in Finance, Accounting, Economics, or related field or equivalent.
10+ years of progressive commercial credit experience, 5 years in a senior management role preferred.
Proven track record in credit risk management within a commercial banking environment.
Knowledge, Skills & Abilities
Deep understanding of commercial lending, credit risk assessment, and regulatory requirements.
Strong analytical and problem-solving skills with the ability to make sound credit decisions.
Excellent leadership, communication, and interpersonal skills.
Ability to influence and collaborate across all levels of the organization.
Proficiency in credit risk systems, portfolio analytics, and Microsoft Office Suite.
Physical Demands
While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms; and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and / or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, and depth perception.
Work Environment
The working environment is typical for an office and does not require exposure to difficult or hazardous conditions.
This Position Description reflects management’s assignment of major responsibilities, which represent the most essential functions. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. They may be subject to change at any time due to reasonable accommodation or other reasons.
EEO
Member FDIC
#J-18808-Ljbffr
Job Description
Description :
Objective: The Chief Credit Officer (CCO) is a key member of the senior management team responsible for establishing and executing the Bank’s credit risk strategy. This role provides strategic direction, oversight, and leadership for all credit-related activities, ensuring sound credit practices, regulatory compliance, and alignment with the Bank’s growth objectives. The CCO manages the credit culture, oversees underwriting standards, and ensures the quality and performance of the loan portfolio while maintaining an appropriate risk appetite.
ESSENTIAL DUTIES & RESPONSIBILITIES Credit Risk Leadership
Develop, implement, and maintain the Bank’s credit risk management framework, policies, and procedures.
Oversee the underwriting and approval of new commercial credit requests, loan participations, and complex credit structures.
Chair and manage the Bank’s Credit Committee; provide guidance on large or complex credit decisions.
Monitor and report on portfolio quality, credit concentrations, and emerging risks to senior management and the Board of Directors.
Maintain and oversee the Allowance for Credit Losses (ACL) methodology and adequacy.
Ensure compliance with all applicable banking regulations, internal policies, and industry best practices.
Serve as the primary point of contact for regulators and external auditors on credit-related matters.
Strategic & Operational Responsibilities
Partner with senior management to align credit strategy with the Bank’s growth objectives and risk appetite.
Provide thought leadership on credit trends, economic conditions, and portfolio diversification strategies.
Drive process improvements to enhance credit decisioning, efficiency, and scalability.
Support business development by participating in client and prospect meetings as needed.
Governance & Reporting
Prepare and present credit risk reports, portfolio analytics, and stress testing results to the Board and senior leadership.
Lead internal credit reviews and ensure timely remediation of findings.
Maintain strong internal controls and risk management practices across all credit functions.
Leadership & Talent Development
Lead, mentor, and develop the credit team to ensure high performance and professional growth.
Foster a culture of accountability, collaboration, and continuous improvement within the credit function.
Cultivate relationships with senior management to align on key messaging and departmental direction.
May manage other departments related to credit or operational processes.
Requirements Education & Experience
Bachelor’s degree in Finance, Accounting, Economics, or related field or equivalent.
10+ years of progressive commercial credit experience, 5 years in a senior management role preferred.
Proven track record in credit risk management within a commercial banking environment.
Knowledge, Skills & Abilities
Deep understanding of commercial lending, credit risk assessment, and regulatory requirements.
Strong analytical and problem-solving skills with the ability to make sound credit decisions.
Excellent leadership, communication, and interpersonal skills.
Ability to influence and collaborate across all levels of the organization.
Proficiency in credit risk systems, portfolio analytics, and Microsoft Office Suite.
Physical Demands
While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel objects, tools, or controls; reach with hands and arms; and talk or hear. The employee is occasionally required to stand and walk. The employee must occasionally lift and / or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, and depth perception.
Work Environment
The working environment is typical for an office and does not require exposure to difficult or hazardous conditions.
This Position Description reflects management’s assignment of major responsibilities, which represent the most essential functions. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. They may be subject to change at any time due to reasonable accommodation or other reasons.
EEO
Member FDIC
#J-18808-Ljbffr