Chief Credit Officer

German American Bancorp•Jasper, IN

1d•Onsite

About The Position

The Chief Credit Officer (CCO) is responsible for executive-level oversight of the bank’s credit quality and risk management of the loan portfolio. It establishes and enforces lending policies, ensuring the overall quality of the loan portfolio is in alignment with the strategic growth goals of the bank. This role oversees all credit underwriting, credit administration and credit reporting responsibilities for the bank. The role is responsible for top-decile credit performance and the credit culture of the bank to support such performance via the bank’s regional business model. The CCO is a member of the Executive Committee and Senior Management Committee, providing insight and guidance for the bank’s overall performance.

Requirements

Commercial credit mastery – high-level expertise and experience in C&I, CRE and agricultural lending underwriting practices and portfolio management.
Community-banking cultural alignment – appreciation and support of decentralized credit leadership and decision-making and market knowledge application in alignment with the bank’s delivery model.
Extensive understanding of regulatory requirements, risk rating methodologies, stress testing, and credit administration best practices.
Demonstrated leadership and employee development commitment, including the ability to mentor, train, develop, and lead senior credit professionals.
Executive presence and enterprise leadership experience – ability to contribute beyond credit in the strategic direction and culture of the bank.
Executive-level communication skills in order to provide clear, candid guidance and communications across all audiences: Board of Directors, regulators, auditors, employees, investors, and others.
Strategic mindset with a project management, execution and continuous improvement orientation, balanced by strong attention to detail.

Responsibilities

Credit Policy & Risk Management: Develop, implement, and enforce credit policies, procedures, and risk rating systems to minimize losses. Executive oversight of strong credit administration practices, including delinquent loan management, annual risk ratings and independent market review (IMR) processes, loan work-out and resolution strategies, and all enterprise risk key performance indicators.
Loan Portfolio Oversight & Administration: Monitor the quality, concentration, and performance of the loan portfolio, guiding strategies to align with the bank’s performance goals. Collaborate with regional leadership and line of business leaders to ensure understanding and alignment of practices to meet the bank’s credit quality standards. Empowers regional delivery model within defined risk parameters.
Approval & Analysis: Facilitate the bank’s individual authorities, regional authorities, and loan committee approval process. Lead the structure and execution of the credit underwriting process.
Strategic Leadership: Guide and provide executive-level management on credit risk, market trends, and economic conditions. Collaborate closely with the Chief Banking Officer, President and other Executive and Senior leaders to execute on the bank’s Strategic Plan. Provide guidance and executive leadership on all credit-related company initiatives, including but not limited to systems, processes and development of employees. Provide executive leadership in all due diligence related to mergers and acquisitions and guide credit integration strategies post-acquisition.
Team Leadership: Guide all elements of the credit team, from origination and analysis to collections and special assets, building a team and fostering a strong credit culture throughout the bank. Responsible for talent development and succession planning for all elements of the Credit Administration department.
Compliance & Regulatory Affairs: Ensure adherence to state and federal banking regulations and manage relationships with regulators regarding safety and soundness of the bank’s credit portfolio and credit processes.
Internal & External Audits: Manage relationships with external auditor loan reviews as well as manage relationships with internal (including out-sourced) loan review.

Benefits

Medical, dental, vision, STD, LTD, Life insurance, etc.
25 days paid time off, 11 paid holidays and bereavement leave
Education Assistance Program
Paid Parental Bonding Leave
Wellness benefits
Life event coverage
Service awards
Financial benefits including 401(k) match, stock purchase plan, short-term cash incentive, long-term equity incentive and more
Logo wear discounts
Free checking account, checks and discounted bank services