Wvbankers
Position Information
The position information for this posting is listed below. Please find the application instructions in the "Requirements" section.
Chief Credit Officer The Chief Credit Officer is responsible for providing support, direction, credit information, loan policies and procedures to ensure the overall quality of the Bank’s lending practices and portfolio soundness. Additional duties include calculating for loan/portfolio impairment and providing information necessary for further calculation of the allowance for loan loss reserve (CECL) and providing recommendations to executive management and the Board of Directors for monthly allocations to the loan loss reserve. direct supervisory duties of department staff. Assumes responsibility and is accountable for adherence to Bank policies and procedures as well as all applicable state and federal banking regulations. Serves as a member of designated internal committees such as the Bank Loan Committee, Management Loan Committee and the ALCO and Senior Management Committee. Has direct supervisory responsibilities over Loan Review and Credit Underwriting staff.
Essential Duties and Responsibilities
Manages all functions related to the loan approval process, loan documentation, to include collateral related functions, and the booking of the loans. Position is responsible for both the consumer and commercial credit process and portfolio. Provides supervision and support to all assigned areas of department operations where service or assistance is needed.
Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
Responds to inquiries or refers inquiries to the appropriate department or person; exhibits the necessary follow through with customers and/or staff involved.
Prepares the calculations for impairment of problem credits in order to provide recommendations for possible loss used to calculate CECL (loan loss reserves) and makes recommendations to executive management and the Board of Directors for the amount to be added/deducted to/from the loan reserve; loan losses and trends; and loan product concentrations.
Reviews large and complex loans prior to their submission to Loan Committee; reviews consist of making recommendations on loan structure, terms, and pricing so as not to expose the Bank to undue credit risk. May make recommendations regarding structuring and terms but the pricing is usually handled by the CLO. Prepares and distributes credit information covering loan quality trends, growth trends, loan product concentrations; works closely with other credit managers in reviewing such topics as local real estate data and assessing the impact on the Bank’s loan portfolio.
Prepares and discusses loan information submitted to the BLC for approval; loan information is defined as the calculation of the CECL, graded loan reports, and other loan quality information and trends.
Prepares, reviews, and modifies when necessary, lending policies and procedures which enable the Bank to perform in a business manner, but not expose it to undue risk.
Attempts to ensure that individual loans are risk rated correctly when reviewing loans for loan committee submission.
Utilizes good decision‑making techniques pertaining to inquiries, approvals, requests as they apply to existing policies and procedures, keeping them within assigned approval limits and using these instances as learning tools for employee development.
Monitors staff in daily tasks, operations and quality control; ensures the organization of assigned areas of the department, coordinating available resources (e.g., staff, materials, etc.) for maximum results.
Consistently applies superior decision‑making techniques pertaining to inquiries, approvals and requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.
Processes, solves and answers complex customer transactions, problems or inquiries.
Assumes responsibility for special projects; gathers data and prepares reports for the Board of Directors and other members of Senior Management, audits and other personnel.
Be responsible for coordinating for the examination all "credit related" examination data, document requests, and information that is needed. Be available to respond to all "credit related" questions.
Supervisory Responsibilities What departments (if any) are supervised by this position? Loan Operations, Loan Review Analyst, Centralized Mortgage Loan Processing, Collections & Portfolio Management.
Responsibilities for Work of Others: Supervises a small group (8–9) of employees. Assigns and checks work; assists and instructs as required and performs same work as those supervised, or closely related work, a portion of the time. Content of the work supervised relates to compliance, and numerous situations to which policies and precedents must be interpreted and applied.
Requirements Education and Experience
Education: Four‑year college degree, or equivalent experience resulting in broad knowledge of a field related to the job, such as accounting, business administration, finance, etc.
Experience – General: 10+ years’ related experience and/or training.
Experience – Management: 10+ years related management experience, or equivalent combination of education and experience.
CPA a plus but not required.
Analytical Ability / Problem Solving: General oversight. Activities covered by general organizational philosophy and objectives. Solving problems in novel, non‑recurring or swiftly changing situations in which the approach is not fully defined. Guidance by top executive officer or business owner.
Planning: Considerable responsibility with regard to general assignments in planning time, method, manner, and/or sequence of performance of own work, in addition, the organization and delegation of work operations for a division of employees engaged in widely diversified activities.
Decision Making: Performs work operations which permit frequent opportunity for decision‑making of major importance which would have considerable effect on the final attainment of multiple major activities and the organization’s projects of a large organization component and organization’s clientele.
Supervision Received: Under administrative direction, setting up own standard of performance. Virtually self‑supervising. Reports to senior management of the organization.
Accuracy: Probable errors would normally not be detected in succeeding operations and would definitely have serious effects in relationships with patrons and/or with the operations of other segments of the organization. Frequent possibilities of error would exist at all times, since the above mentioned areas are inherent in the job.
Communication Skills: Ability to read, analyze, and understand the most complex documents; Ability to respond effectively to the most sensitive inquiries or complaints; Ability to write speeches and articles using original or innovative techniques or style; Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, public groups, and/or boards of directors.
Computer Skills: Must be proficient with Excel, Word, and general usage of the PC and be able to learn and navigate all of the bank’s systems.
Critical Thinking Skills: Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Mental Demand: Comprehensive and very intense mental demand. Comprehensive and continual involvement with multiple divisions, departments and/or organizations. Strategic and operational management functions which relate to both the short‑term and long‑term time periods.
Certificates, Licenses, Registrations Must be able to drive an automobile on company business and have a valid driver's license.
Contacts With Public and Employees Establishes Company Culture by setting tone of interactions and communication with senior executive level internal officials and employees throughout the organization.
Machines, Equipment & Computers Regular use of highly complex machines and equipment; specialized or advanced software programs.
Software Skills Required Accounting: Basic Contact Management: Basic Word Processing/Typing: Basic Excel navigation and spreadsheet creation
Please send resume and any other corresponding materials to ClaytonR@firstexchangebank.com
Organization Information Name:
First Exchange Bank Address:
1 Heritage Way, White Hall, WV 26554, United States Email:
ClaytonR@firstexchangebank.com Phone:
(304) 534-7200 Contact:
Clayton W. Rice, President & CEO
#J-18808-Ljbffr
Chief Credit Officer The Chief Credit Officer is responsible for providing support, direction, credit information, loan policies and procedures to ensure the overall quality of the Bank’s lending practices and portfolio soundness. Additional duties include calculating for loan/portfolio impairment and providing information necessary for further calculation of the allowance for loan loss reserve (CECL) and providing recommendations to executive management and the Board of Directors for monthly allocations to the loan loss reserve. direct supervisory duties of department staff. Assumes responsibility and is accountable for adherence to Bank policies and procedures as well as all applicable state and federal banking regulations. Serves as a member of designated internal committees such as the Bank Loan Committee, Management Loan Committee and the ALCO and Senior Management Committee. Has direct supervisory responsibilities over Loan Review and Credit Underwriting staff.
Essential Duties and Responsibilities
Manages all functions related to the loan approval process, loan documentation, to include collateral related functions, and the booking of the loans. Position is responsible for both the consumer and commercial credit process and portfolio. Provides supervision and support to all assigned areas of department operations where service or assistance is needed.
Reinforces the application of superior customer service through his or her own example along with appropriate follow through with involved customers and employees.
Responds to inquiries or refers inquiries to the appropriate department or person; exhibits the necessary follow through with customers and/or staff involved.
Prepares the calculations for impairment of problem credits in order to provide recommendations for possible loss used to calculate CECL (loan loss reserves) and makes recommendations to executive management and the Board of Directors for the amount to be added/deducted to/from the loan reserve; loan losses and trends; and loan product concentrations.
Reviews large and complex loans prior to their submission to Loan Committee; reviews consist of making recommendations on loan structure, terms, and pricing so as not to expose the Bank to undue credit risk. May make recommendations regarding structuring and terms but the pricing is usually handled by the CLO. Prepares and distributes credit information covering loan quality trends, growth trends, loan product concentrations; works closely with other credit managers in reviewing such topics as local real estate data and assessing the impact on the Bank’s loan portfolio.
Prepares and discusses loan information submitted to the BLC for approval; loan information is defined as the calculation of the CECL, graded loan reports, and other loan quality information and trends.
Prepares, reviews, and modifies when necessary, lending policies and procedures which enable the Bank to perform in a business manner, but not expose it to undue risk.
Attempts to ensure that individual loans are risk rated correctly when reviewing loans for loan committee submission.
Utilizes good decision‑making techniques pertaining to inquiries, approvals, requests as they apply to existing policies and procedures, keeping them within assigned approval limits and using these instances as learning tools for employee development.
Monitors staff in daily tasks, operations and quality control; ensures the organization of assigned areas of the department, coordinating available resources (e.g., staff, materials, etc.) for maximum results.
Consistently applies superior decision‑making techniques pertaining to inquiries, approvals and requests as they apply to existing policies and procedures, keeping within assigned approval limits and using these instances as learning tools for employee development.
Processes, solves and answers complex customer transactions, problems or inquiries.
Assumes responsibility for special projects; gathers data and prepares reports for the Board of Directors and other members of Senior Management, audits and other personnel.
Be responsible for coordinating for the examination all "credit related" examination data, document requests, and information that is needed. Be available to respond to all "credit related" questions.
Supervisory Responsibilities What departments (if any) are supervised by this position? Loan Operations, Loan Review Analyst, Centralized Mortgage Loan Processing, Collections & Portfolio Management.
Responsibilities for Work of Others: Supervises a small group (8–9) of employees. Assigns and checks work; assists and instructs as required and performs same work as those supervised, or closely related work, a portion of the time. Content of the work supervised relates to compliance, and numerous situations to which policies and precedents must be interpreted and applied.
Requirements Education and Experience
Education: Four‑year college degree, or equivalent experience resulting in broad knowledge of a field related to the job, such as accounting, business administration, finance, etc.
Experience – General: 10+ years’ related experience and/or training.
Experience – Management: 10+ years related management experience, or equivalent combination of education and experience.
CPA a plus but not required.
Analytical Ability / Problem Solving: General oversight. Activities covered by general organizational philosophy and objectives. Solving problems in novel, non‑recurring or swiftly changing situations in which the approach is not fully defined. Guidance by top executive officer or business owner.
Planning: Considerable responsibility with regard to general assignments in planning time, method, manner, and/or sequence of performance of own work, in addition, the organization and delegation of work operations for a division of employees engaged in widely diversified activities.
Decision Making: Performs work operations which permit frequent opportunity for decision‑making of major importance which would have considerable effect on the final attainment of multiple major activities and the organization’s projects of a large organization component and organization’s clientele.
Supervision Received: Under administrative direction, setting up own standard of performance. Virtually self‑supervising. Reports to senior management of the organization.
Accuracy: Probable errors would normally not be detected in succeeding operations and would definitely have serious effects in relationships with patrons and/or with the operations of other segments of the organization. Frequent possibilities of error would exist at all times, since the above mentioned areas are inherent in the job.
Communication Skills: Ability to read, analyze, and understand the most complex documents; Ability to respond effectively to the most sensitive inquiries or complaints; Ability to write speeches and articles using original or innovative techniques or style; Ability to make effective and persuasive speeches and presentations on controversial or complex topics to top management, public groups, and/or boards of directors.
Computer Skills: Must be proficient with Excel, Word, and general usage of the PC and be able to learn and navigate all of the bank’s systems.
Critical Thinking Skills: Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Mental Demand: Comprehensive and very intense mental demand. Comprehensive and continual involvement with multiple divisions, departments and/or organizations. Strategic and operational management functions which relate to both the short‑term and long‑term time periods.
Certificates, Licenses, Registrations Must be able to drive an automobile on company business and have a valid driver's license.
Contacts With Public and Employees Establishes Company Culture by setting tone of interactions and communication with senior executive level internal officials and employees throughout the organization.
Machines, Equipment & Computers Regular use of highly complex machines and equipment; specialized or advanced software programs.
Software Skills Required Accounting: Basic Contact Management: Basic Word Processing/Typing: Basic Excel navigation and spreadsheet creation
Please send resume and any other corresponding materials to ClaytonR@firstexchangebank.com
Organization Information Name:
First Exchange Bank Address:
1 Heritage Way, White Hall, WV 26554, United States Email:
ClaytonR@firstexchangebank.com Phone:
(304) 534-7200 Contact:
Clayton W. Rice, President & CEO
#J-18808-Ljbffr