Chief Credit Officer - To 250K - Maplewood, NJ - Job 3749
Chief Credit Officer – To $250K – Maplewood, NJ – Job # 3749
Who We Are
The Symicor Group is a boutique talent acquisition firm based in Schaumburg, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounting talent. In fact, most of our recruiters are former bankers or accountants themselves!
We know how to evaluate the very best banking and accounting talent available in the market. Whether you are a candidate seeking a new opportunity or a bank or company president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.
The Position
Our bank client is seeking to fill a Chief Credit Officer role to be based in the Maplewood, NJ market. The selected candidate will be responsible for providing leadership and support of all credit department operations.
This position offers a generous base salary of up to $250K and an excellent benefits package. (This is not a remote position)
Chief Credit Officer responsibilities include:
Oversee the bank’s loan risk management process to monitor quality control and minimize losses.
Maintains loan policy and loan procedure to ensure adherence to sound underwriting best practices, laws, and regulations.
Stays current on banking regulatory changes, monitor industry’s best practices and economic trends, provide updates to other members of the team, and ensures that current practices and policies are compliant and appropriate to changing conditions.
Informs the President, Board of Directors, and Loan Committee of any material considerations affecting loan portfolio or policy.
Develops and oversees the Bank’s internal credit training program, working with credit department staff and external resources. Use strong management practices to hire, coach and develop the credit team, ensuring that the team remains appropriately staffed.
Ensures loans are properly documented for covenant compliance as well as safety and soundness (via Loan Operations Department).
Oversees Impairment Analysis.
Reviews Loans prior to External Loan Committee meeting.
Development of loan packets.
Oversees stress tests.
Responsible for annual large loan review and annual review of loan policy.
Leads loan review and train internal loan review.
Continuing education and/or training sessions, as required.
Maintains current employee information in the Disaster Recovery Plan.
Performs other duties as assigned.
Who Are You?
You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.
You also bring the following skills and experience:
Bachelor’s degree (BA) or equivalent from a 4-year college or university.
Ten or more years of related work experience must consist of a financial/credit analysis and lending.
Management experience required.
Heavy experience with C&I lending required.
Loan workout and SBA experience preferred.
Completion of formal bank management
executive school or financial industry-related degree program preferred.
Ability to create and analyze credit presentations, business correspondence, loan policies, and loan procedures.
Ability to read, analyze and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.