Continental Bank · 1 day ago
Chief Credit Officer
SLC Metro Area
Full-time
Onsite
Director/Executive
10+ years expContinental Bank is a digital-only, FDIC-insured bank headquartered in downtown Salt Lake City, Utah. They are seeking a Chief Credit Officer responsible for providing strategic direction and management of all lending activities, overseeing the credit department, and ensuring compliance with regulatory guidelines while meeting customer needs.
BankingCommercial LendingConsumer LendingFinancial ServicesFinTech
Hiring Manager
Rachelle Merrill
Responsibilities
Ensure the bank is efficiently providing credit service to prospective and existing clients
Plan, establish and develop Bank credit related policies and procedures in accordance with FDIC rules and regulations
Manage the Bank's credit growth strategy and development consistent with the Bank’s budget and Strategic Plan
Manage underwriting in conformance with Bank policy guidelines and limits
Manage the development, implementation and monitoring of the risk adjusted pricing for all credit extensions
Analyze the market and find and assist marketing and sales with new business opportunities
Assist in managing the establishment of long-term relationships with clients and strategic business partners
Assist in managing the design and delivery of the Bank's credit products and services
Manage regular Bank Credit Committee meetings with agendas, training and minutes
Manage all delinquencies, non-accruals, charge-offs, loan grades, watch and substandard credits
Manage the Bank's credit portfolio risk metrics and performance trends
Manage and monitor compliance with all credit related tickler activity
Manage the sourcing, development, testing, and monitoring of full credit underwriting and auto decision credit models
Develop with management team new successful commercial credit products identified in the Strategic Plan
Define the scope of the Bank’s credit box(s) and maintain a live granular credit risk rating system
Identify, measure, manage and mitigate credit concentrations by geography, industry, collateral, type
Manage credit collections, workouts, Portfolio and Asset Management
Manage OREO/Special Assets and ensures compliance with policies and regulatory guidance regarding TDR and ALLL
Manage the regulatory interaction regarding credit during examinations
Manage the monitoring, reporting and tracking of credit exceptions
Manage all reporting, special, monthly, or quarterly, all lending activities to the Bank Executive Committee and Board
Qualification
Required
B.S. Degree in Finance, Accounting, or Business Administration or equivalent
10-15+ years extensive management experience at various levels
Preferred
Master's Degree in Finance, Accounting, or Business Administration preferable
Benefits
401k with employer contributions
Employee profit-sharing plan
Paid medical, dental, and disability insurance
HSA program, vision, voluntary and group life, and AD&D
Tuition reimbursement options
Paid Time Off and Company Holidays
On-site Gym Access
Company
Continental Bank
Continental Bank is a private, FDIC insured sponsor bank specializing in strategic fintech partnerships.
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Ken Jackson
EVP CFO
Joseph Morgan
SVP, Head of Strategic Partnerships
Recent News
FF News | Fintech Finance
2024-10-29
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