Executive Credit Officer

Busey Bank • Dallas, TX

1d

About The Position

The Executive Credit Officer (ECO) manages Busey’s commercial approval and underwriting processes for the regions they support and oversee. The ECO serves as a credit resource for business lines and works with senior management on corporate initiatives. The role balances business growth objectives with prudent risk management, supporting high-quality credit decisions and strong commercial relationships.

The ECO oversees portfolio and credit risk management, advises on credit analysis and transaction structuring, and partners with commercial banking teams and other stakeholders. The position also leads and develops Credit Officers and Commercial Underwriters, and works with regional and banking leadership to manage underwriting workflows, resource allocation, service levels, and operational consistency.

Requirements

• Bachelor’s degree with a concentration in Business or Finance.
• 15 or more years of Commercial Credit experience.
• Prior single-signature approval authority.
• 15 years’ experience in a progressive management or leadership role.
• Proficient knowledge of Microsoft Office.
• Excellent oral and written communication skills.
• Strong interpersonal, organizational, analytical, presentation, and critical-thinking skills.
• Comprehensive knowledge of the overall departmental function, including expert knowledge of Busey’s Commercial/Credit line of business.
• Ability to provide accurate and timely Commercial Analysis and Approval.
• Ability to take independent action within established options and develop new procedures and approaches to problems when necessary.
• Ability to analyze situations and solve problems.
• Ability to perform duties and make decisions under frequent time pressures.

Nice To Haves

• Advanced degree.

Responsibilities

• Develop and maintain sound borrower relationships while monitoring portfolio performance and associated credit risk.
• Keep risk-rating systems current and ensure they accurately reflect portfolio risk, including regulatory loan grades and PD/LGD assessments.
• Review and approve field examinations, audits, loan reviews, regulatory examinations, Annual Loan Servicing Reviews (ALSRs), non-accrual recommendations, charge-offs, Troubled Debt Restructuring (TDR) assessments, and Current Expected Credit Loss (CECL) analyses and reserve recommendations.
• Monitor borrower performance and emerging risks, ensuring timely identification and resolution of credit concerns.
• Provide credit counseling and consultative guidance on transaction analysis and structuring in alignment with bank credit policies and risk appetite.
• Facilitate timely, well-supported credit analysis, loan structuring, and decision-making for new credit requests and relationship renewals.
• Partner with Relationship Managers, Credit Analysts, Underwriters, and other stakeholders to participate early in the credit process and influence deal structure and risk mitigation strategies.
• Build and maintain partnerships with Commercial Banking teams through regular communication, leadership meeting attendance, and visits to regional and remote offices.
• Promote open dialogue and early collaboration in the credit process while supporting client calling activities and business development efforts.
• Serve as a trusted advisor to banking teams, balancing growth objectives with prudent risk management.
• Lead, coach, and develop a team of Credit Officers and Commercial Underwriters.
• Guide and oversee the team to ensure timely, accurate, and well-reasoned credit recommendations.
• Foster adherence to credit policy, regulatory requirements, and sound underwriting practices.
• Partner with Regional Presidents and banking leadership to manage underwriting workflows and provide timely support for new and existing client relationships.
• Oversee resource allocation and process efficiency to meet service-level expectations while maintaining credit quality standards.
• Drive consistency, accountability, and operational excellence throughout the credit approval process.

Benefits

• 401(k) match
• Profit sharing
• Employee stock purchase plan
• Paid time off
• Medical insurance
• Dental insurance
• Vision insurance
• Company-paid life insurance
• Long-term disability coverage
• Supplemental voluntary life insurance
• Short-term disability coverage
• Wellness incentives
• Employee assistance program
• Pre-tax health savings accounts for eligible associates
• Flexible spending accounts for eligible associates
• May be eligible for bonus or incentives based on company and individual performance

What This Job Offers

• Job Type: Full-time
• Career Level: Executive