Chief Credit Officer

SUMMARY: Manage and coordinate efforts to mitigate credit risk on an enterprise-wide basis through the establishment, maintenance, enforcement and oversight of all Bank credit policies. Additional duties will include chairing the Executive Loan Committee, ensuring that the Bank maintains compliance with all banking regulations and reporting to the Board Enterprise Risk Management and ERM all asset quality performance, loan documentation and regulatory compliance results. Create and strengthen relationships with employees that provides open lines of communication to foster teamwork, trust and a supportive culture.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Oversee all aspects of Credit Administration including: credit policy, appraisal services, collections, and special assets
• Assess the Bank's exposure in regard to credit risks, and develop credit policies and procedures to assure regulatory compliance
• Ensure that all lenders are kept abreast of the most recent loan terms and conditions approved by Senior Management
• Guide the credit department in the monitoring of file information to ensure compliance with loan agreement covenants
• Assist in developing policies and procedures for the Operations Committee
• Act as Chairperson of the Executive Loan Committee and coordinate all necessary communication from the Executive Loan Committee to the various departments of the Bank. Direct the administration credit and collection policies and functions of the Bank to ensure efficiency
• Participate in loan portfolio management as a member of various committees
• Direct the overall function of the credit department through a network of credit administrative officers and support personnel
• Oversee the preparation of various weekly, monthly and quarterly management reports of all loan related activity of the Bank
• Guide subordinate officers and staff in development and analysis of financial background data to justify the feasibility of all loan requests
• Confer with all loan officers to aid in resolving potential loan problems
• Ensure timely communication of policy, procedures and guidelines to lending personnel
• Develop and communicate credit risk analysis techniques
• Actively participate in company-wide programs designed to enhance referrals and service standards/practices
• Routinely meet with government regulators and both internal and external auditors
• Participate in various cross-functional committees/teams as necessary
• Complete all mandatory and elective training, including BSA (Bank Secrecy Act) and Anti-Money Laundering procedures. Maintain compliance with all appropriate rules and regulations.
• Regular, predictable attendance is an essential requirement of this position
• Completes all other duties as assigned

SUPERVISORY RESPONSIBILITIES:

Oversees and supervises all credit administration, special assets, collections and credit analysis personnel. Expected to coach, train and evaluate department leaders in both informal and formal settings.

EDUCATION AND/OR EXPERIENCE:

• Bachelors degree in finance, accounting or management (or equivalent related experience)
• Minimum ten (10) years commercial banking, commercial real estate and/or commercial lending experience, as well as credit administration experience
• Must have excellent verbal and written communication skills
• Proven experience at matrix management
• Must have full knowledge of current banking regulations with regard to credit risk, general knowledge of all areas of banking operations, bank finance and risk management
• Proven ability to organize complex data from multiple sources and present findings and recommendations in differing formats
• Knowledge of loan loss reserve and allocations
• Proven ability to effectively negotiate
• Strong client service skills for dealing with individual clients and with small groups
• Knowledge of Word, Excel, Internet navigation/research, and Outlook is expected

Farmers National Banc Corp. is an Equal Opportunity Employer: disability/veteran