Sr Director, Chief Credit Officer

PayPal•Salt Lake City, UT

About The Position

Drive revenue growth and global market expansion by identifying and cultivating strategic partnerships, channels, and opportunities Lead the negotiation with external partners and engage cross-functional support colleagues to ensure the successful delivery of solutions for large complex partnerships Develop and execute an overall business strategy to identify and cultivate strategic partnerships, channels, and opportunities to drive revenue growth and global market expansion Influence the negotiation with external partners, engaging cross-functional support colleagues, to ensure successful delivery of solutions for large complex partnerships Align product and business levers (such as pricing and FX) to maximize revenue and market expansion opportunities Engage closely with product, engineering, and architecture teams to drive the architectural runway and determine the best technical implementation/design Represent the end customer on an ongoing basis and use this knowledge to drive effective prioritization and decision-making Develop/maintain merchant lending policies and monitor compliance Develop portfolio analytics to include facilitating performance and risk monitoring Prepare monthly and quarterly lending activity and portfolio condition reports for the Board, Board- and management-level committees, and regulatory agencies Serve on the management-level Credit Committee and act as a principal spokesperson for the lending function Make credit decisions within assigned authority, and review credit decisions made by others within their assigned authority Prepare the quarterly allowance for credit loss ("ACL") analysis and merchant chargebacks, coordinating with the Chief Financial Officer ("CFO") for financial reporting Monitor Fair Lending compliance via reporting and policy and procedural adherence in conjunction with the Chief Compliance Officer and CRO Make decisions on both administrative and operational matters pertaining to lending Supervise the collection of non-performing and charged-off loans Ensure lending activities comply with regulatory requirements Oversee credit staff and implement training programs on credit administration Serve as a member of the executive management team, participating in strategic planning, budgeting, policy development, and asset/liability management Develop, implement, and regularly update credit policies, procedures, and risk management frameworks to ensure compliance with regulatory requirements and alignment with the bank's strategic objectives 12+ years relevant experience and a Bachelor's degree OR Any equivalent combination of education and experience. 15+ years of progressive experience in credit administration, commercial lending, and portfolio management within the banking sector, with at least 3-5 years in a senior or executive credit management role. Community banking experience is strongly preferred Demonstrated experience in developing, implementing, and monitoring credit policies and procedures, including risk grading, underwriting standards, and loan review Advanced knowledge of credit analysis, risk assessment, loan structuring, and financial statement interpretation Expertise in credit risk management, portfolio stress testing, risk rating systems, and allowance for ACL methodologies Proficient with credit administration systems, loan origination platforms, and core banking software; advanced skills in Microsoft Excel, Word, PowerPoint, and data analytics tools Strong ability to prepare, interpret, and present complex credit and risk management reports for executive management, Board committees, and regulators Demonstrated ability to lead, mentor, and develop high-performing credit and lending teams with a commitment to staff training, performance management, and succession planning Exceptional verbal and written communication skills; able to present complex credit and risk information clearly to the Board of Directors, executive management, regulators, and staff Unquestionable integrity, sound judgment, and a commitment to ethical conduct and confidentiality Bachelor of Science degree in Finance, Accounting, Business Administration, Economics, or a closely related field. MBA preferred. Credit Risk Certification (CRC), Certified Lender Business Banker (CLBB), Certified Public Accountant (CPA), or similar credentials are advantageous

Requirements

12+ years relevant experience and a Bachelor's degree OR Any equivalent combination of education and experience.
15+ years of progressive experience in credit administration, commercial lending, and portfolio management within the banking sector, with at least 3-5 years in a senior or executive credit management role.
Demonstrated experience in developing, implementing, and monitoring credit policies and procedures, including risk grading, underwriting standards, and loan review
Advanced knowledge of credit analysis, risk assessment, loan structuring, and financial statement interpretation
Expertise in credit risk management, portfolio stress testing, risk rating systems, and allowance for ACL methodologies
Proficient with credit administration systems, loan origination platforms, and core banking software; advanced skills in Microsoft Excel, Word, PowerPoint, and data analytics tools
Strong ability to prepare, interpret, and present complex credit and risk management reports for executive management, Board committees, and regulators
Demonstrated ability to lead, mentor, and develop high-performing credit and lending teams with a commitment to staff training, performance management, and succession planning
Exceptional verbal and written communication skills; able to present complex credit and risk information clearly to the Board of Directors, executive management, regulators, and staff
Unquestionable integrity, sound judgment, and a commitment to ethical conduct and confidentiality
Bachelor of Science degree in Finance, Accounting, Business Administration, Economics, or a closely related field.

Nice To Haves

Community banking experience is strongly preferred
MBA preferred.
Credit Risk Certification (CRC), Certified Lender Business Banker (CLBB), Certified Public Accountant (CPA), or similar credentials are advantageous

Responsibilities

Drive revenue growth and global market expansion by identifying and cultivating strategic partnerships, channels, and opportunities
Lead the negotiation with external partners and engage cross-functional support colleagues to ensure the successful delivery of solutions for large complex partnerships
Develop and execute an overall business strategy to identify and cultivate strategic partnerships, channels, and opportunities to drive revenue growth and global market expansion
Influence the negotiation with external partners, engaging cross-functional support colleagues, to ensure successful delivery of solutions for large complex partnerships
Align product and business levers (such as pricing and FX) to maximize revenue and market expansion opportunities
Engage closely with product, engineering, and architecture teams to drive the architectural runway and determine the best technical implementation/design
Represent the end customer on an ongoing basis and use this knowledge to drive effective prioritization and decision-making
Develop/maintain merchant lending policies and monitor compliance
Develop portfolio analytics to include facilitating performance and risk monitoring
Prepare monthly and quarterly lending activity and portfolio condition reports for the Board, Board- and management-level committees, and regulatory agencies
Serve on the management-level Credit Committee and act as a principal spokesperson for the lending function
Make credit decisions within assigned authority, and review credit decisions made by others within their assigned authority
Prepare the quarterly allowance for credit loss ("ACL") analysis and merchant chargebacks, coordinating with the Chief Financial Officer ("CFO") for financial reporting
Monitor Fair Lending compliance via reporting and policy and procedural adherence in conjunction with the Chief Compliance Officer and CRO
Make decisions on both administrative and operational matters pertaining to lending
Supervise the collection of non-performing and charged-off loans
Ensure lending activities comply with regulatory requirements
Oversee credit staff and implement training programs on credit administration
Serve as a member of the executive management team, participating in strategic planning, budgeting, policy development, and asset/liability management
Develop, implement, and regularly update credit policies, procedures, and risk management frameworks to ensure compliance with regulatory requirements and alignment with the bank's strategic objectives