Dart Bank · 2 months ago
Chief Credit Officer
Mason, MI, USA
Full-time
Onsite
Director/Executive
10+ years expDart Bank is a community bank, serving our community since 1925. The Chief Credit Officer has overall responsibility for the Asset Quality of the Bank, formulating lending policies, reviewing proposed loans, and providing leadership to team members.
BankingCommunitiesFinancial Services
No H1B
Responsibilities
Manages and provides guidance to Sr. Credit Officer, Special Assets Officer, Risk & Allowance Analyst, Government Lending Administrator (GLA), Commercial Technology Specialist and Commercial Loan Operations Officer
Chairs the Director Loan Committee, Watch Credit Committee and participates in multiple bank management committees
Works in a collaborative manner with the Chief Commercial Banking Officer, Commercial Relationship Managers, Treasury Management Officers, and various other members of the Commercial Sales team to facilitate appropriate screening and structuring of commercial relationships. In the case of government lending opportunities are present, employs the expertise of the GLA to ensure compliance with appropriate programs
Meets with clients and prospects as necessary to facilitate the most efficient process possible while working to achieve divisional goals
Identifies problem loans and resolutions. This is accomplished through the frequent interaction with staff and review of past dues & the loan portfolio as a whole, most often in concert with the Special Assets Officer and the Risk & Allowance Analyst
Develops and administers the bank’s loan policies as approved by the Board of Directors. Assures that periodic reports are provided to the Board of Directors and senior management for review and, when necessary, approval
Supports the commercial underwriting team in various ways, including preparation of commercial loan presentations, appraisal reviews, or other duties as needed. Works collaboratively with the Senior Credit Officer to achieve this when needed
Regularly reviews trends in commercial underwriting and software, working with Commercial Technology Specialist to ensure bank is in best position to deliver a positive client experience
Performs portfolio analysis and prepare reports concerning loan portfolio performance, trends, inherent risks, and profitability. This includes but is not limited to regular testing of the CECL model(s) with the Risk & Allowance Analyst and recommendations to senior management based on those tests
Responsible for the lending compliance of the Bank. Implements, trains, monitors changes, and is a member of the bank’s Compliance Committee
Interacts with Bank regulators, loan review, and other third parties during examinations, audits, and portfolio reviews
Evaluates and recommends periodic changes in loan pricing, fee structures, etc., to the Budget Committee
Assists in the budgeting process by providing projected loan totals, estimated future loan interest rates, etc
Makes recommendations to the CEO and various loan committees for approval of loan amounts exceeding his/her lending authority
Maintains knowledge of appropriate documentation requirements to assure security interests in collateral. Works in a collaborative manner with credit administration staff to ensure a safe & sound commercial closing process, primarily through working with the Commercial Loan Operations Officer
Collaborates with the Commercial Loan Operations Officer and Commercial Loan Servicing Manager to ensure effective oversight and administration of the credit card portfolio
Maintain knowledge of commercial, consumer, and mortgage regulatory compliance requirements
Keeps abreast of changes to the local, regional, and national economic conditions, as well as any potential financial, political, technology, and competitive situations which could impact the Bank and its lending function
Participates in professional bank organizations and civic groups to enhance the Bank’s visibility and to further personal development
Completes other work as directed by the Chief Executive Officer
Adheres to all Federal and State laws and regulations, including the Bank Secrecy Act
Other duties as assigned
Qualification
Required
Bachelor's degree in Business, Finance, Accounting, or equivalent experience
Ten years of cumulative credit analysis, commercial sales, and management experience
Excellent organizational, written, and oral communication skills
Strong decision making, problem solving, and negotiation skills
Technologically savvy with all forms of current business software suites
Preferred
Completion of a master's level business program or similar Graduate School of Banking
Benefits
Medical Benefits
Dental
Vision
401(K) Employee Stock Ownership Plan
Paid vacation & sick time
Flexible scheduling
Employee Assistance Program
Dart Bank University
Company
Dart Bank
Dart Bank is a primary purpose to meet the financial needs of its banking communities. It is a sub-organization of Dartbank Wealth.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$0.99M2020-10-08Seed· $0.99M
Leadership Team
Bill Hufnagel
President/CEO
Peter Kubacki
Retired President and CEO. Member of the board of directors.
Recent News
2025-06-30
GlobeNewswire News Room
2023-09-09
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