Chief Credit Officer- Nelnet Bank
This job is no longer available
There are still lots of open positions. Let's find the one that's right for you.
About The Position
The Chief Credit Officer ("CCrO") is a senior executive officer of the bank that establishes credit and pricing strategy and policy under the direction of the board and CEO in support of the bank's strategic plan. This position will chair the bank's credit management committee and subcommittees and report the bank's credit profile, strategy and risks and opportunities regularly to the bank's board of directors. The position establishes credit policy and procedures, provides structure and direction, credit model development and oversight, credit review, and credit approval within Nelnet Bank. In addition, the Chief Credit Officer (CCO) reviews and updates loan policy and procedures as appropriate to maintain the overall credit quality of the Bank's loan portfolio. The CCO will establish and direct all lending activities, ensure the collections practices are appropriate, ensure fraud is managed and all other credit related functions of Nelnet Bank. This position will analyze and present for approval the loan loss reserve calculation to credit committee to ensure the bank is adequately reserved for the risk in the loan portfolio. This position is responsible to set pricing of credit products to effectively price for risk and volume goals of the bank. This position will collaborate with the parent company to analyze loan portfolios and risk efficiently and consistently across credit portfolios. In addition, this position will lead data analysts and other professionals responsible for developing credit models and providing analysis. This position will be particularly focused on the unique facets and products of the bank including related regulatory interactions, operational, technology, servicing, fraud, pricing and underwriting and all other execution required to operate the bank in a safe and sound manner consistent with all regulatory expectations. This position offers a hybrid work option. Nelnet values flexibility and understands the importance of work-life integration. Our hybrid work environment allows associates to work remotely for part of the week, while also fostering collaboration and team connection through in-office presence in either our Lincoln, Nebraska or Draper, Utah location three days per week.
