Ashton North LLC · 1 day ago
Chief Credit Officer
Iowa, United States
Full-time
Onsite
Director/Executive
10+ years expAshton North LLC is seeking a Chief Credit Risk Officer (CCRO) to oversee the organization’s credit risk framework. The CCRO will provide executive-level leadership across credit underwriting, counterparty risk, and collateral risk management, ensuring alignment with the institution’s mission and strategic objectives.
Staffing & Recruiting
Hiring Manager
Douglas Wetzel
Responsibilities
Establish and oversee credit risk management practices aligned with the organization’s risk appetite, strategic objectives, and regulatory requirements
Provide strategic vision for credit risk, anticipating market, economic, and industry changes that may impact members, counterparties, and portfolios
Integrate credit risk considerations into business planning, product development, and portfolio strategy
Direct and oversee credit underwriting for members, investment counterparties, and other significant exposures
Review the organization’s largest and most complex credit exposures, including analysis of financial performance, capital adequacy, liquidity, business models, and management quality
Maintain strong oversight of secured and unsecured credit structures, including lien rights, collateral priority, and recovery considerations
Provide second-line oversight of collateral risk management for lending and investment activities
Ensure effective collateral verification, eligibility standards, valuation, and sufficiency processes
Oversee credit risk review for new collateral types, products, and other risk-taking initiatives
Chair the Credit Risk Committee and ensure effective governance, documentation, and decision-making
Deliver clear, decision-useful credit risk reporting to executive leadership, risk committees, boards, and regulators
Translate complex credit and risk topics into actionable insights for senior stakeholders
Ensure compliance with internal policies, regulatory expectations, and sound risk management practices
Lead, mentor, and develop a high-performing credit risk team through coaching, feedback, and performance management
Foster a strong risk-aware culture grounded in accountability, transparency, and collaboration
Serve as a trusted partner across the organization while maintaining independent risk judgment
Qualification
Required
Bachelor's degree in finance, economics, business administration, or a related field
10+ years of credit risk experience evaluating the financial condition and performance of large institutions, including banks, thrifts, and insurance companies
Demonstrated experience in counterparty credit analysis and collateral risk management
5+ years in progressively senior leadership roles within credit risk management
Strong knowledge of secured and unsecured credit underwriting, credit policy, and risk oversight
Deep understanding of financial institution balance sheets, products, and business models
Preferred
Experience working within highly regulated banking or financial lending institutions
Experience covering both depository institutions and insurance companies
Strong understanding of regulatory examinations for financial institutions and insurance entities
Advanced degree (MBA, MS Finance, or similar)
Professional certifications such as FRM or CFA
Experience with money market, mortgage, fixed income, and derivative instruments
Familiarity with probability of default and internal credit rating models
Benefits
Relocation Assistance: Available
Company
Ashton North LLC
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2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase