Chief Credit Officer

Company: American Bank Montana
Location: Bozeman
Posted on: February 25, 2021

Job Description:

ABOUT THE ROLE:Under supervision of the President and the Board of Directors in conformance with established policies and procedures, the Chief Credit Officer will be responsible for loan administration, analysis, and review activities to ensure effective adherence to loan policies, procedures, and regulatory guidance. This person provides direct supervision, direction, and mentorship for the Bank's lending staff to develop and grow revenues and ameliorate losses.--The CCO serves as a key member of the Bank's Senior Management team charged with achieving the mission of the Bank and executing its strategic plan to achieve prudent long-term profitability and asset quality.DUTIES AND RESPONSIBILITIES:-- Maintain a strong credit culture by managing the Bank's loan portfolio to guide disciplined growth through oversight, direction, and monitoring of the Bank's credit risk by ensuring proper analysis and review of the portfolio and implementation of regulatory guidance.-- Develop, maintain, and monitor credit policies, procedures and concentrations that are consistent with overall company policies, strategies, and regulatory requirements.-- Maintain an adequate loan risk management system to monitor and report credit quality trends to Senior Management and the Board of Directors.-- Provide oversight and direction of all loan presentations and reporting, ensuring that proper analysis is performed and documented consistent with policies and loan risk ratings are accurate.-- Responsible for ongoing monitoring, review, and implementation of regulatory guidance related to credit administration and lending.-- Coordinate regulatory exam process and follow up related to compliance, credit administration, and asset quality issues.-- Assist with ALLL calculation, analysis, and documentation with appropriate Senior Management including CFO.-- Prepare regular presentations for the Board of Directors.-- Oversight over appraisal process to ensure bank policies and procedures are followed in accordance with regulatory requirements.-- Manage loan administration in coordination with the Loan Center to ensure proper documentation prior to funding, renewal, etc., consistent with approvals.-- Manage the external loan review process to ensure policy goals are being met and findings are addressed properly and timely.-- Advise lenders, staff, and Board on structuring of complex or sizable loans or loan commitments.--Provide loan pricing guidance and oversight to maintain and enhance the yield on the loan portfolio at or above budgeted levels.-- Manage and oversee staff and activities for Loan Origination and Administration including lenders, credit analysts, credit administrators and business bankers by providing communication regarding performance, including periodic reviews.--Ensure the competency and the accountability of the lending staff and set expectations for training and development of personnel in order to provide continued career advancement and development.-- Identify problem loans, prepare reports for management and the Board, and direct workout efforts to assure quick and best course of action for all problem loans.-- Oversee all aspects of OREO portfolio management including risk assessment, pre-foreclosure prevention, foreclosure procedures, monitoring and maintenance, to marketing and disposition of properties. -- Perform other duties as assigned.-- Must comply with all company policies and procedures and all applicable laws and regulations. Must complete the assigned online training courses and achieve a passing score by due date.QUALIFICATIONS:Education and Experience:-- Minimum 10 years commercial lending, credit analysis, loan policy, and administration experience with an emphasis on commercial real estate lending and monitoring.--Previous experience in a Chief--Credit Officer or Senior Loan Officer role desirable.-- Minimum of 15 years banking experience with a minimum of 5 years in a leadership role preferred, including lending and credit risk management administration, collections and workout and supervisory experience.-- Bachelor's degree in business, finance, or related field, or equivalent knowledge gained through a combination of education and experience.--Graduate education preferred.-- Legal experience and training in contracts, liens, and collections necessary.KNOWLEDGE, SKILL, ABILITY:-- Ability to review and interpret laws and regulations.-- Accounting and financial analysis experience preferred.-- Demonstrated ability to work with complex, varied, standardized, and non-standardized tasks requiring application of numerous laws, rules, regulations, and procedures.-- Ability to communicate effectively, both orally and in writing.-- Ability to work independently.-- Must be detail-oriented and possess a high degree of organizational skills.-- Ability to operate a variety of office equipment such as a computer, copier, calculator, and other equipment necessary to perform duties.WORK ENVIRONMENT:--Must be able to routinely perform work indoors in climate-controlled shared work area with moderate noise level.PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Keywords: American Bank Montana, Bozeman , Chief Credit Officer, Accounting, Auditing , Bozeman, Montana