The client is seeking a Chief Credit Officer in the Los Angeles, CA area to join their Executive Management team. The CCO will be responsible for managing all aspects of credit risk management, developing credit-related products, and maintaining the quality of the client's loan portfolio. This position offers a salary of up to $120K plus bonus and benefits. Responsibilities include overseeing credit underwriting, loan documentation, and developing lending policies and procedures.
The ideal candidate will have a Bachelor's or Master's degree in finance or a related field, along with ten or more years of experience in commercial, SBA, and consumer lending. They should have knowledge of client regulatory issues, experience in workouts and restructuring, and strong problem-solving skills. Leadership and management experience is required, along with the ability to cross-sell client's products and services. The CCO will also represent the client in various community functions and serve on committees within the organization.
Overall, the Chief Credit Officer role with the client in Los Angeles, CA is a key position within the organization, responsible for maintaining the quality of the client's credit portfolio and ensuring compliance with regulatory standards. The ideal candidate will have a strong background in lending, underwriting, and Credit Administration, along with leadership and management experience. This position offers a competitive salary, bonus, and benefits package, making it an attractive opportunity for candidates looking to further their career in the banking industry.