SVP, Chief Credit Officer

Ballston Spa National Bank•Town of Milton, NY

5d•$145,000 - $280,000•Onsite

About The Position

Join a growing, nationally recognized financial institution and make a difference in the communities where you live and work! Ballston Spa National Bank (BSNB) is seeking a transformational leader who will shape the future of credit strategy and risk management as the Senior Vice President, Chief Credit Officer. This position is a key member of the management team at BSNB. A DAY IN THE LIFE OF THE CHIEF CREDIT OFFICER As Chief Credit Officer, you will lead the Bank's credit function, ensuring a disciplined and forward-looking approach to portfolio quality, underwriting standards, and risk governance. Key responsibilities include: Establishing and guiding credit strategy aligned with the Bank's growth objectives and risk appetite Overseeing credit quality across the loan portfolio Providing leadership in underwriting philosophy and approval standards Partnering with executive leadership to balance loan growth with prudent risk management Leading the quarterly Criticized Loan Committee and collaborating on the Allowance for Credit Losses (ACL/CECL) assessment Overseeing and continuously enhancing the Bank's credit policy Leading the Management Loan Committee Ensuring adherence to regulatory expectations and internal credit policies Essential Functions Oversee the Bank's credit risk management functions, including commercial underwriting, credit analysis, commercial loan closing coordination, and management reporting, including concentration monitoring Provide leadership and development for Credit Administration and Collections teams Provide input and guidance into the Allowance for Credit Losses (ACL/CECL) analysis, partnering with the CFO to ensure accuracy, sound methodology, and alignment with portfolio performance Review credit approval memoranda to assess risk ratings, structure, terms, repayment sources, and overall risk/return Collaborate with Commercial Banking to evaluate, structure and price new loan opportunities Monitor loan relationships including risk ratings, performance trends, liquidity, and covenant compliance Review complex credit proposals for adherence to credit policy and regulatory guidelines Oversee the annual credit review process Review and present reports to Management and the Board Serve as a liaison with third parties to include loan review and banking regulators Oversee the Collections Department function to ensure performance goals are met while maintaining compliance Oversee the Bank's Regulation O compliance efforts, ensuring proper controls, reporting, and adherence to insider lending requirements Decisions Exercise credit approval authority within limits Recommend larger transactions for committee or Board approval Evaluate loan opportunities and potential modifications for alignment with credit risk appetite and approval standards

Requirements

minimum of 10 years of progressive experience in commercial credit
senior leadership responsibilities
demonstrated success in portfolio management
Exceptional analytical, decision-making, and communication skills
Strong knowledge of regulatory expectations, credit policy, and risk management frameworks
proven ability to drive process improvement and strategic initiatives
Bachelor's degree in Business, Finance or related field required

Responsibilities

Establishing and guiding credit strategy aligned with the Bank's growth objectives and risk appetite
Overseeing credit quality across the loan portfolio
Providing leadership in underwriting philosophy and approval standards
Partnering with executive leadership to balance loan growth with prudent risk management
Leading the quarterly Criticized Loan Committee and collaborating on the Allowance for Credit Losses (ACL/CECL) assessment
Overseeing and continuously enhancing the Bank's credit policy
Leading the Management Loan Committee
Ensuring adherence to regulatory expectations and internal credit policies
Oversee the Bank's credit risk management functions, including commercial underwriting, credit analysis, commercial loan closing coordination, and management reporting, including concentration monitoring
Provide leadership and development for Credit Administration and Collections teams
Provide input and guidance into the Allowance for Credit Losses (ACL/CECL) analysis, partnering with the CFO to ensure accuracy, sound methodology, and alignment with portfolio performance
Review credit approval memoranda to assess risk ratings, structure, terms, repayment sources, and overall risk/return
Collaborate with Commercial Banking to evaluate, structure and price new loan opportunities
Monitor loan relationships including risk ratings, performance trends, liquidity, and covenant compliance
Review complex credit proposals for adherence to credit policy and regulatory guidelines
Oversee the annual credit review process
Review and present reports to Management and the Board
Serve as a liaison with third parties to include loan review and banking regulators
Oversee the Collections Department function to ensure performance goals are met while maintaining compliance
Oversee the Bank's Regulation O compliance efforts, ensuring proper controls, reporting, and adherence to insider lending requirements
Exercise credit approval authority within limits
Recommend larger transactions for committee or Board approval
Evaluate loan opportunities and potential modifications for alignment with credit risk appetite and approval standards