Confidential
Chief Lending Officer (CLO)
About the Company
Prominent regional financial institution
Industry Banking
Type Privately Held
About the Role
The Company is seeking a Chief Lending Officer (CLO) to join their team. The CLO will be a key executive member, responsible for overseeing all lending areas, including the development and approval of broad lending policies, procedures, and interest rate structures. This role involves representing the company in major transactions and making significant credit decisions. The successful candidate will also be tasked with managing a diverse loan portfolio, ensuring compliance with state and federal regulations, and developing strategies to enhance the company's lending operations.
Applicants for the CLO position at the company should have a Bachelor's degree in business, finance, or a related field, with 10-15 years of directly related experience. Strong leadership skills, the ability to work effectively with customers, support staff, and management, and a high level of analytical ability are essential. The CLO will be expected to have a deep knowledge of commercial lending practices, as well as the ability to make independent decisions and communicate effectively. A key aspect of the role is to maintain a competitive interest rate structure and to be actively involved in the local community, representing the company through board memberships or volunteer work with local organizations and non-profits.
Travel Percent Less than 10%
Functions
Finance
About the Company
Prominent regional financial institution
Industry Banking
Type Privately Held
About the Role
The Company is seeking a Chief Lending Officer (CLO) to join their team. The CLO will be a key executive member, responsible for overseeing all lending areas, including the development and approval of broad lending policies, procedures, and interest rate structures. This role involves representing the company in major transactions and making significant credit decisions. The successful candidate will also be tasked with managing a diverse loan portfolio, ensuring compliance with state and federal regulations, and developing strategies to enhance the company's lending operations.
Applicants for the CLO position at the company should have a Bachelor's degree in business, finance, or a related field, with 10-15 years of directly related experience. Strong leadership skills, the ability to work effectively with customers, support staff, and management, and a high level of analytical ability are essential. The CLO will be expected to have a deep knowledge of commercial lending practices, as well as the ability to make independent decisions and communicate effectively. A key aspect of the role is to maintain a competitive interest rate structure and to be actively involved in the local community, representing the company through board memberships or volunteer work with local organizations and non-profits.
Travel Percent Less than 10%
Functions
Finance