Chief Credit Officer

COMMUNITY STATE BANK OF ORBISONIA•Orbisonia, PA

10d•Onsite

About The Position

The Chief Credit Officer (CCO) is a senior executive responsible for establishing and overseeing the organization’s credit risk strategy, policies, and practices. The CCO safeguards asset quality, ensures sound credit decision making, and balances growth objectives with prudent risk management. This role provides executive leadership across credit administration, underwriting, portfolio management, and regulatory compliance.

Requirements

A B.S. or B.A. degree in finance, accounting, economics, business or a related field required.
Proficient reading, writing, grammar, and mathematics skills.
Deep understanding of credit analysis, underwriting, risk rating systems, and portfolio management.
Strong knowledge of regulatory requirements and industry best practices related to credit risk.
Demonstrated ability to balance growth, profitability, and risk.
Excellent analytical, judgment, and problem solving skills.
Exceptional communication and executive presentation abilities.
Strategic thinking.
Leadership and team development.
Risk assessment and mitigation.
Regulatory awareness and integrity.
Collaboration and influence at the executive level.
A minimum of ten (10) years’ experience in related positions is normally required.

Nice To Haves

Master’s degree preferred.
Specialized bank credit and lending education and training.
Prior senior leadership experience in a highly regulated or risk driven environment preferred.

Responsibilities

Establishing and overseeing the organization’s credit risk strategy, policies, and practices.
Developing, implementing, and maintaining the organization’s overall credit risk strategy in alignment with business objectives and risk appetite.
Establishing and enforcing credit policies, underwriting standards, risk rating methodologies, and approval authorities across all lending products.
Providing executive leadership and independent credit oversight to ensure consistent application of credit standards.
Serving as a primary advisor to the CEO, executive leadership team, and Board on credit risk matters, trends, and emerging risks.
Overseeing credit underwriting, approval, monitoring, and review processes throughout the credit lifecycle.
Ensuring portfolio diversification, appropriate concentration limits, and effective risk monitoring practices.
Reviewing portfolio performance metrics, industry and borrower trends, and credit migration.
Directing proactive risk mitigation strategies to address emerging portfolio weaknesses.
Developing and overseeing enterprise wide strategies for the early identification, management, and resolution of problem loans and criticized assets.
Establishing standards for watch list management, risk rating changes, and timely transfer of deteriorating credits to work out or special assets processes when appropriate.
Providing executive oversight of workout, restructuring, forbearance, and exit strategies to maximize recoveries while minimizing losses.
Reviewing and approving significant workout plans, restructurings, exits, charge offs, and loan sales within established authority levels.
Monitoring nonperforming and classified assets to ensure timely resolution, policy compliance, and alignment with regulatory guidance.
Partnering with Legal, Finance, and line of business leaders to execute disciplined and well documented problem loan resolutions.
Ensuring compliance with all applicable laws, regulations, and supervisory guidance related to credit risk.
Providing oversight of credit risk modeling, stress testing, and scenario analysis.
Providing oversight to the preparation of the current expected credit losses (CECL) methodology, assumptions, and governance in coordination with Finance and Risk.
Engaging with regulators and external auditors on credit related matters and examination findings.
Leading, mentoring, and developing credit administration, underwriting, and credit risk teams.
Promoting a strong credit culture emphasizing accountability, sound judgment, and risk awareness.
Building scalable processes and leadership depth to support organizational growth and continuity.
Preparing and presenting comprehensive credit risk and problem asset reports to executive management and the Board of Directors or Board committees.
Communicating credit quality trends, portfolio risks, problem loan exposure, and resolution progress clearly and proactively.
Ensuring transparency and timely escalation of material credit concerns.
Abiding by the current laws and organizational policies and procedures designed and implemented to promote an environment which is free of harassment and other forms of illegal discriminatory behavior in the workplace.
Assisting in the selection of new personnel as appropriate.
Reviewing employee performance throughout the probationary period and on a regularly scheduled basis thereafter.
Making provisions for the proper orientation, training, and development of all personnel.
Training new personnel as required.
Coaching and mentoring staff as needed; upholding CSB culture and values.
Organizing, scheduling and distributing work among assigned personnel.
Keeping personnel informed of pertinent policies and procedures affecting management and/or their jobs; creating an atmosphere in which upward communication from employees is encouraged.
Administering personnel policies and procedures as established by Bank policy.
Communicating with the Chief Executive Officer, President, other department managers, and appropriate staff personnel to integrate objectives and activities.
Responding to inquiries relating to his/her area, or to requests from customers, other bank personnel, etc., within given timeframes and within established policy.
Providing periodic reports to the Chief Executive Officer, President, and other groups as required throughout the Bank.
Actively participating in the senior management team and attending committee meetings as required.
Actively participating in bank-sponsored community events and volunteer initiatives.