M C Bank
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Chief Credit Officer
role at
M C Bank
The Chief Credit Officer (CCO) serves as the senior executive responsible for overseeing all aspects of the Bank’s credit function. This includes credit decisioning, portfolio monitoring, and risk management across all lending lines: Commercial & Industrial (C&I), Commercial Real Estate (CRE), Business Lending, Asset-Based Lending (ABL), Equipment Lending & Leasing, Government Guaranteed Lending, Small Business Administration (SBA) programs, and Consumer Lending. As a strategic leader, the CCO ensures that loans are prudently underwritten, risks are properly identified, and credit structures are designed to mitigate those risks while supporting the Bank’s growth objectives. The ideal candidate will bring extensive credit leadership experience, including loan workout and restructuring expertise, with the ability to balance strategic direction against day-to-day execution and manage risk versus reward. The CCO will play a vital role in helping the Bank achieve its strategic goals in a disciplined, client-focused, and cost-effective manner.
Key Responsibilities
Chairing the Bank’s Credit Committee.
Supervising credit and administrative teams.
Maintaining strong relationships with regulators and auditors.
Serving as a core member of the executive leadership team.
Essential Functions
Develop and implement credit risk policies and procedures to ensure sound lending practices and effective risk management aligned with the bank's goals.
Monitor and analyze the Bank's loan portfolio, identifying trends, risks, and opportunities for improvement, while maintaining the quality of the Bank's assets.
Oversee the evaluation and approval process for complex loan applications, ensuring thorough analysis of creditworthiness and compliance with lending standards.
Recruit, lead, mentor, train, coach, manage and develop a team of credit and administrative professionals, fostering a culture of collaboration, accountability, and high performance.
Serve as a mentor and advisor for junior lending officers.
Work with Portfolio Managers to ensure loan documentation software is updated and efficient.
Serve as a liaison between RM’s, PM’s, loan documentation personnel and credit personnel to ensure workflows are efficient.
Ensure the Bank's lending practices comply with federal and state regulations, staying informed about changes in laws and industry standards.
Work closely with senior management and other departments to align credit risk management strategies with overall business objectives and initiatives.
Regularly review and update credit policies to reflect changes in market conditions, regulatory requirements, and community needs.
Prepare comprehensive reports on credit risk exposure and portfolio performance for the executive team and board of directors. Reports include Concentrations, Watch List, Policy Exceptions, Technical Exceptions, and others as requested.
Monitor economic and industry trends to assess potential risks to the Bank's loan portfolio.
Assist in managing the Bank's Current Expected Credit Loss (CECL) calculation.
Serve as the liaison between the Bank and external parties (auditors, regulators, loan reviewers) on loan-related matters.
Maintain and develop the Bank’s credit delivery software system.
Collaborate with legal counsel and other bank employees on work-out credits.
Ensure the ongoing accuracy, reliability, and validity of credit risk models, conducting periodic reviews and validation to maintain model performance.
Stay abreast of industry best practices and regulatory requirements for credit risk modeling, adapting models as needed.
Assist in evaluating loan profitability, loan terms, pricing, terms, covenants and conditions for commercial and business loan transactions and ensure desired margins and profitability are obtained.
Work closely with the Board of Directors, Audit Committee, ALCO Committee, Credit Committee, and any other executive level committee required.
Keep senior management and the Board of Directors informed of regulatory changes and their impact on credit operations.
Other duties and special projects as assigned by the CEO.
Proficiencies
Strong written and oral communication skills and an ability to project a professional image.
Proficiency in basic word processing and computer database skills.
Ability to learn and navigate computer systems and websites necessary to fulfill job duties.
Effective interpersonal skills, with the ability to work independently and as part of a team.
Strong organizational and time-management skills, with the ability to prioritize tasks.
Comprehensive knowledge of banking regulations and compliance requirements.
Strong attention to detail and accuracy in work.
Ability to maintain confidentiality of sensitive information.
Strong customer service orientation with the ability to establish rapport and credibility.
Qualifications And Education
Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA or Graduate School of Banking preferred.
Minimum of 15 years of progressive leadership experience in credit administration, risk management, loan underwriting, and credit analysis.
Demonstrated success working closely with Boards of Directors, Regulators, and Executive Leadership teams.
Deep knowledge of banking regulations, compliance requirements, and industry best practices.
Exceptional analytical, critical thinking, and problem-solving skills.
Strong organizational and project management capabilities, with a proven ability to manage multiple priorities and deliver results within tight deadlines.
M C Bank is an Equal Opportunity / Affimative Action employer, committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, or any other factor protected by applicable federal, state, or local laws. All hiring decisions are based on qualifications, merit, and business needs.
Seniority level Executive
Employment type Part-time
Job function Finance and Sales
Industries Banking
Referrals increase your chances of interviewing at M C Bank by 2x.
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Chief Credit Officer
role at
M C Bank
The Chief Credit Officer (CCO) serves as the senior executive responsible for overseeing all aspects of the Bank’s credit function. This includes credit decisioning, portfolio monitoring, and risk management across all lending lines: Commercial & Industrial (C&I), Commercial Real Estate (CRE), Business Lending, Asset-Based Lending (ABL), Equipment Lending & Leasing, Government Guaranteed Lending, Small Business Administration (SBA) programs, and Consumer Lending. As a strategic leader, the CCO ensures that loans are prudently underwritten, risks are properly identified, and credit structures are designed to mitigate those risks while supporting the Bank’s growth objectives. The ideal candidate will bring extensive credit leadership experience, including loan workout and restructuring expertise, with the ability to balance strategic direction against day-to-day execution and manage risk versus reward. The CCO will play a vital role in helping the Bank achieve its strategic goals in a disciplined, client-focused, and cost-effective manner.
Key Responsibilities
Chairing the Bank’s Credit Committee.
Supervising credit and administrative teams.
Maintaining strong relationships with regulators and auditors.
Serving as a core member of the executive leadership team.
Essential Functions
Develop and implement credit risk policies and procedures to ensure sound lending practices and effective risk management aligned with the bank's goals.
Monitor and analyze the Bank's loan portfolio, identifying trends, risks, and opportunities for improvement, while maintaining the quality of the Bank's assets.
Oversee the evaluation and approval process for complex loan applications, ensuring thorough analysis of creditworthiness and compliance with lending standards.
Recruit, lead, mentor, train, coach, manage and develop a team of credit and administrative professionals, fostering a culture of collaboration, accountability, and high performance.
Serve as a mentor and advisor for junior lending officers.
Work with Portfolio Managers to ensure loan documentation software is updated and efficient.
Serve as a liaison between RM’s, PM’s, loan documentation personnel and credit personnel to ensure workflows are efficient.
Ensure the Bank's lending practices comply with federal and state regulations, staying informed about changes in laws and industry standards.
Work closely with senior management and other departments to align credit risk management strategies with overall business objectives and initiatives.
Regularly review and update credit policies to reflect changes in market conditions, regulatory requirements, and community needs.
Prepare comprehensive reports on credit risk exposure and portfolio performance for the executive team and board of directors. Reports include Concentrations, Watch List, Policy Exceptions, Technical Exceptions, and others as requested.
Monitor economic and industry trends to assess potential risks to the Bank's loan portfolio.
Assist in managing the Bank's Current Expected Credit Loss (CECL) calculation.
Serve as the liaison between the Bank and external parties (auditors, regulators, loan reviewers) on loan-related matters.
Maintain and develop the Bank’s credit delivery software system.
Collaborate with legal counsel and other bank employees on work-out credits.
Ensure the ongoing accuracy, reliability, and validity of credit risk models, conducting periodic reviews and validation to maintain model performance.
Stay abreast of industry best practices and regulatory requirements for credit risk modeling, adapting models as needed.
Assist in evaluating loan profitability, loan terms, pricing, terms, covenants and conditions for commercial and business loan transactions and ensure desired margins and profitability are obtained.
Work closely with the Board of Directors, Audit Committee, ALCO Committee, Credit Committee, and any other executive level committee required.
Keep senior management and the Board of Directors informed of regulatory changes and their impact on credit operations.
Other duties and special projects as assigned by the CEO.
Proficiencies
Strong written and oral communication skills and an ability to project a professional image.
Proficiency in basic word processing and computer database skills.
Ability to learn and navigate computer systems and websites necessary to fulfill job duties.
Effective interpersonal skills, with the ability to work independently and as part of a team.
Strong organizational and time-management skills, with the ability to prioritize tasks.
Comprehensive knowledge of banking regulations and compliance requirements.
Strong attention to detail and accuracy in work.
Ability to maintain confidentiality of sensitive information.
Strong customer service orientation with the ability to establish rapport and credibility.
Qualifications And Education
Bachelor's degree in Finance, Accounting, Economics, or a related field; MBA or Graduate School of Banking preferred.
Minimum of 15 years of progressive leadership experience in credit administration, risk management, loan underwriting, and credit analysis.
Demonstrated success working closely with Boards of Directors, Regulators, and Executive Leadership teams.
Deep knowledge of banking regulations, compliance requirements, and industry best practices.
Exceptional analytical, critical thinking, and problem-solving skills.
Strong organizational and project management capabilities, with a proven ability to manage multiple priorities and deliver results within tight deadlines.
M C Bank is an Equal Opportunity / Affimative Action employer, committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, or any other factor protected by applicable federal, state, or local laws. All hiring decisions are based on qualifications, merit, and business needs.
Seniority level Executive
Employment type Part-time
Job function Finance and Sales
Industries Banking
Referrals increase your chances of interviewing at M C Bank by 2x.
#J-18808-Ljbffr