Chief Credit Officer at American Community Bank & Trust – Chicagoland, Illinois

Responsible for providing overall support, direction, policy and procedures for credit administration to oversee a quality loan portfolio that ensures proper risk management for safety and soundness of the bank. Duties include adherence to state and federal laws, management of direct reports, training needs of departments, credit/loan approvals, loan policy review and updates, departmental workflows, loan documentation procedures and reviews, allowance for credit loss analysis (CECL model), monthly reporting to executive management and board committees, problem credit management, and workout responsibilities. CCO is accountable for overall performance of credit underwriting and loan operations areas. CCO is a member of the bank's senior leadership team.

PRIMARY RESPONSIBILITIES

1. Advances and supports the bank's Mission and Core Values through words, behavior, and appearance.
2. Embraces change, new technology, and enhancements to current technology to improve efficiency.
3. Active member of senior leadership team and participates in major areas of the bank to include strategic planning, budgeting, policy making, information technology, asset liability management and management of personnel.
4. Provides training, advice and guidance to the bank's loan officers and credit administration department personnel. Provides direction to loan officers on larger and more complex loans. Coaches lenders in developing appropriate plans for the elimination of marginal, past due and problem credits.
5. Directs the changes in loan policy and credit administration procedures to maintain compliance with regulatory state and federal laws. Coordinates the dissemination of loan policies, practices, and procedures.
6. Oversees distribution of monthly/periodic reporting to include loan quality trends, concentrations, problem credit reviews, allowance for loss reserves, and board reporting.
7. Reviews/approves/declines credit requests to include making recommendations on large credits, loan structure, pricing as well as overall composition of loan portfolios (i.e. concentrations)
8. Oversight for proper risk rating of individual loans and relationships in loan portfolio.
9. Works with CRA Officer to meet the credit needs of the bank's assessment area.
10. Oversees Bank's management of problem credits to include developing workout strategy plan, active collection of problem credits to include overseeing litigation of collection efforts.
11. Develops and maintains knowledge of financial industry, economy, market conditions, market rates, and competition.
12. Provides supervision over loan review audits, internal audits, compliance exams and safety & soundness exams as it pertains to the lending area.
13. Manages direct reports to include effective communication, annual performance review and periodic check ins to support effectiveness of the credit and loan documentation personnel.
14. Assumes responsibility for any special projects related to credit administration.

Education

• Bachelor's degree in business or banking or equivalent combination of education and experience
• Completion of graduate level banking school preferred
• Specialized training in lending and credit analysis; seasoned experience with C&I lending required
• Experience with loan documentation, SBA experience preferred
• Experience with legal system – foreclosure, bankruptcy, litigation

Experience

A minimum of 15 years of commercial credit underwriting and commercial lending origination in banking to include experience in managing direct reports. Ability to create and analyze credit presentations, business correspondence, loan policies and procedures. Ability to read, analyze, interpret and stay abreast of professional journals and business periodicals, and government regulations.

ACBT is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, age, sex, national origin, non-disqualifying physical or mental disability status, genetics, protected veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state or local laws. All employment decisions are made on the basis of qualifications, merit and business need. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Full-Time; Exempt

401k, Medical, Vision, Dental, Disability, Life, +