Merchants Bank of Indiana
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 the 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 determined lending and risk strategies. Advise executive management on portfolio risk and recommend ongoing 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 in understanding and executing 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 to ensure strong financial and business acumen required; some combination of bachelor’s level education, extensive related lending experience, and/or 15-plus years’ relevant credit review experience required. Must demonstrate strong experience working with multifamily real estate credit and finance. Advanced understanding of financial statements, tax returns, and other relevant documents used in the analysis of lending risk. Mastery of lending processes, industry terminology, and relevant borrower information. Superior understanding of regulations related to bank lending and loan risk management. Must demonstrate sophisticated analytical skills with the ability to execute on objective, fact-based decisions. Previous experience successfully managing credit teams and collaborating with loan officers. Must be organized and detail-oriented with the ability to translate complex, sophisticated, detailed information into usable formats for broader audiences. Demonstrated success in discerning market forces and developing appropriate, profitable business strategies. Strong grasp on corporate governance, managerial best practices, and risk management and mitigation. Solid understanding of relevant business finance and operations.
About Merchants Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing; Mortgage Warehousing that offers mortgage warehouse financing; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31, 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana. Merchants Bank
?and?
Merchants Capital
have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500-999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016–2022). For more information read the entire article
here
.
#J-18808-Ljbffr
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 the 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 determined lending and risk strategies. Advise executive management on portfolio risk and recommend ongoing 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 in understanding and executing 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 to ensure strong financial and business acumen required; some combination of bachelor’s level education, extensive related lending experience, and/or 15-plus years’ relevant credit review experience required. Must demonstrate strong experience working with multifamily real estate credit and finance. Advanced understanding of financial statements, tax returns, and other relevant documents used in the analysis of lending risk. Mastery of lending processes, industry terminology, and relevant borrower information. Superior understanding of regulations related to bank lending and loan risk management. Must demonstrate sophisticated analytical skills with the ability to execute on objective, fact-based decisions. Previous experience successfully managing credit teams and collaborating with loan officers. Must be organized and detail-oriented with the ability to translate complex, sophisticated, detailed information into usable formats for broader audiences. Demonstrated success in discerning market forces and developing appropriate, profitable business strategies. Strong grasp on corporate governance, managerial best practices, and risk management and mitigation. Solid understanding of relevant business finance and operations.
About Merchants Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing; Mortgage Warehousing that offers mortgage warehouse financing; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31, 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana. Merchants Bank
?and?
Merchants Capital
have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500-999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016–2022). For more information read the entire article
here
.
#J-18808-Ljbffr