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CoBank · 3 hours ago

Chief Credit Officer

Greenwood Village, CO

Full-time

Hybrid

Director/Executive

$307K/yr - $384K/yr

15+ years exp

CoBank is a cooperative bank serving vital industries across rural America. The Chief Credit Officer is responsible for managing and directing the bank's credit functions, contributing to strategic leadership, and maintaining effective relationships with various stakeholders to enhance financial performance.

Banking

No H1B

Responsibilities

Leadership, organization, staffing, development, direction, and day-to-day management for the Credit Management Group to ensure effective allocation and deployment of resources to support the achievement of strategic objectives and the business plan

Selects, develops, and motivates a highly qualified management team. Grants authorities appropriate for each position, sets standards of performance, evaluates performance of managers, and approves personnel transactions within delegated authorities

Responsible for chairing the CLC, including providing procedures and documentation of actions, recommendations for further delegation and approval authority, concentration limits, and recommendations for administrative actions or official committee positions

Responsible for the development of the annual portfolio strategy, providing guidance on portfolio management, and producing the quarterly Credit Management Report

Provides and maintains a sound and consistent set of underwriting policies, standards and guidelines, and general credit philosophy to be utilized in all lending and leasing functions across the bank

Maintains and recommends changes as needed to lending and related policies and directions, including presentation to the Board for approval

Assists and supports the bank’s lending functions in their credit analysis and transaction structuring responsibilities

Provides overall management of the bank’s special asset functions, including approvals of specific actions, plans, and strategies for resolution of problem situations, and execution as appropriate

Provides accurate and timely monitoring and assessments to bank management and the Board Risk Committee on the quality of the bank’s loan portfolio, high-risk loans and industry issues and opportunities

Works with other units of the bank to assure that the Farm Credit System Cooperation Philosophy is successfully executed

Provides regular updates on credit conditions to the CoBank Board, FCA, Investors and others as needed