Executive Vice President, Chief Credit Officer

Peoples State Bank•Wausau, WI

2d•Onsite

About The Position

Are you ready to join a dynamic team at Peoples State Bank as our Executive Vice President, Chief Credit Officer? This is your opportunity to lead our credit strategy while working onsite in beautiful Wausau or Milwaukee, WI. Imagine the excitement of shaping a robust credit portfolio that directly impacts our customers and community. You'll have the chance to collaborate with passionate colleagues, driving innovation and agility in our banking services. Plus, our culture is all about supporting each other while having fun along the way. Join us in fostering an environment where accountability and teamwork thrive. Your expertise will be valued, and you’ll help us uphold our commitment to excellence. You will be provided great benefits such as Medical, Dental, Vision, 401(k), Life Insurance, Health Savings Account, Flexible Spending Account, Competitive Salary, Paid Time Off, Birthday Day Off, Fresh Focus Day Off, Volunteer Paid Time Off, Paid Holidays, Bank-wide Incentive Program, and Employee Stock Purchase Plan. Take the leap and apply to be part of something bigger than banking! Who are we? An Introduction Peoples State Bank's vision is to "be a catalyst for growth with our customers." That starts with our employees, who are customer-focused in all that we do. Being honored by American Banker magazine as one of the "Best Banks to Work For" in America is a recognition our employees are incredibly proud of. They bring enthusiasm to do right by our customers every day. Peoples is an employer of choice in Wisconsin, providing exceptional benefits, flexibility, and teamwork that brings out the best in our employees. What's your day like? As the Chief Credit Officer (CCO) at Peoples State Bank, you'll play a critical role in shaping the bank's financial future by measuring and managing the aggregate risk within our diverse loan portfolio. You’ll oversee our commercial credit and collection policies, ensuring that we monitor and mitigate risks effectively. Collaborating with a dynamic team, you will coordinate the management and resolution of problem credits while working closely with legal counsel to navigate the collections process. Your strategic recommendations will guide management and the board in making informed decisions. You will be responsible for achieving our lending objectives and ensuring the credit department operates efficiently, maintaining high standards for both individual loans and overall portfolio quality. This position offers the chance to make a significant impact in a way that aligns with our ideal team player culture of humble, hungry, and smart. What matters most To thrive as the Chief Credit Officer (CCO), you'll need a robust set of skills and experience. A Bachelor’s degree is essential, along with at least 10 years of commercial credit analysis experience and a minimum of five years in commercial lending. Proven management experience in credit risk is a must, as you will lead our credit department toward success. Familiarity with selling and monitoring SBA loan programs will set you apart, while specialized formal credit training is highly preferred. You should possess the ability to analyze significant amounts of data and communicate key insights clearly and effectively. Advanced computer literacy and excellent communication and presentation skills will empower you to engage stakeholders and drive strategic objectives. In this role, your expertise will directly influence our lending practices and enhance our commitment to customer-focused service.

Requirements

Bachelor’s degree in business or related area.
10 years of commercial credit analysis experience.
A minimum of five years of commercial lending experience preferably within a bank environment and management experience in the area of credit risk.
Experience selling and monitoring SBA loan programs.
Ability to effectively analyze significant amount of data and information and distill and communicate it to the key points.
Advanced computer literacy.
Excellent communication and presentations skills.

Nice To Haves

Specialized formal credit training preferred.

Responsibilities

Shaping the bank's financial future by measuring and managing the aggregate risk within our diverse loan portfolio
Overseeing commercial credit and collection policies
Monitoring and mitigating risks effectively
Coordinating the management and resolution of problem credits
Working closely with legal counsel to navigate the collections process
Providing strategic recommendations to guide management and the board in making informed decisions
Achieving lending objectives
Ensuring the credit department operates efficiently
Maintaining high standards for both individual loans and overall portfolio quality