The Chief Credit Officer (CCO) is responsible for measuring and managing the aggregate risk in the Bank's loan portfolio. The CCO will oversee the bank’s credit and collection policies, procedures, and processes ensuring appropriate mitigation of the risks inherent in the loan portfolio.
The Chief Credit Officer will:
Hire a Credit Administrator to assist in the accountabilities listed below.
Develop a comprehensive and tailored risk monitoring and control platform in order to manage the bank’s overall credit risk.
Oversee and provide active management of the bank’s credit analysis function with an eye toward ensuring the ongoing maintenance and quality of the bank’s credit standards.
Discern, realize, and apply actions to mitigate identified credit risks.
Initiate, develop, and implement appropriate lending policies and procedures.
Improve risk and yield measurement in order to facilitate optimized returns.
Develop appropriate portfolio management reports, including the formulation and implementation of credit risk models and ongoing comprehensive reviews of credit portfolio performance.
Oversee and administer the Loan Policy and internal loan procedures, recommending modifications that reflect developing risks, economic conditions and projections, and the competitive environment in which we operate.
Oversee the preparation of problem loan and watch list reports.
Oversee the workout of problem loans.
Manage bank’s OREO properties.
Participate in the development and implementation of the bank’s strategic objectives.
Lead, coach, develop, manage and evaluate staff.
Create and chair the bank’s Credit Operations & Loan Policy Committee.
Oversee the creation of a formalized credit risk monitoring and reporting function of the board of directors.
Voting participant in Loan Committee
Primary liaison to examiners and external auditors for the bank’s loan program
In conjunction with the Compliance Officer, assure that all the Bank’s loan policies are accurate, current and in compliance with federal and state regulations.
Oversight of the internal loan portfolio audit process to assess the following areas:
Quality of documentation of loan files
Compliance with State and Federal regulations.
Outside review of the portfolio at least biannually, or more often as deemed necessary by senior management.
Be actively involved within the community while representing the bank in an enthusiastic, professional and ethical manner.
Perform other duties as requested or assigned.
A 4-year college degree in an applicable area
Specific banking industry education is an added advantage.
5 - 10 years of experience in auditing or credit risk management
5 - 10 years of bank lending experience
Experience working with cross-functional teams
Leadership and supervisory experience
Ag and Commercial business and/or lending experience preferred
About Green Belt Bank & Trust
Green Belt Bank & Trust is a progressive bank in north central Iowa with a focus on strategic growth.