Chief Credit Officer

ROLE

The Chief Credit Officer provides strategic leadership and oversight to the Bank’s credit administration function. The Chief Credit Officer is responsible for maintaining the overall quality of the loan portfolio, ensuring compliance with regulatory expectations, strengthening credit risk management practices, overseeing the Bank’s Current Expected Credit Losses (CECL) and Allowance for Credit Losses (ACL) processes, and enhancing the effectiveness of underwriting, loan review, and portfolio monitoring across the organization.

This position plays a critical role in addressing regulatory and examination recommendations, enhancing credit administration processes, supporting well-documented ACL governance, and strengthening the Bank’s construction and development lending program.

This position is responsible for the following functions:

• Direct and oversee all credit administration activities
• Ensure consistent application of loan policy and underwriting standards
• Lead response to regulatory examination findings and corrective actions
• Enhance internal controls designed to prevent lending limit violations and approval exceptions
• Serve as the Bank’s subject matter expert for construction and development lending
• Develop procedures for construction inspections, draw controls, lien waivers, and project monitoring
• Oversee loan grading, criticized assets, problem loan management, and concentration monitoring
• Oversee the Bank’s CECL and ACL process in coordination with Accounting/Finance, including methodology governance, qualitative factor support, model inputs, documentation, and management reporting
• Ensure CECL assumptions, segmentation, loss drivers, economic forecasts, specific reserves, and qualitative adjustments are reasonable, supportable, and aligned with portfolio risk
• Present CECL and ACL results, trends, key assumptions, and recommended reserve levels to executive management, the Credit Committee, Audit Committee, or Board as appropriate
• Update and maintain loan policies, approval authorities, and credit administration procedures
• Mentor lenders, analysts, and credit administration staff

Various other duties as assigned

EDUCATION/CERTIFICATION: Bachelor’s degree in Business, Finance, or related field

High School Diploma or equivalent required

Full knowledge of loan services offered by Peoples Bank and Trust, understanding of all PBT policies and procedures related to loan services provided, working knowledge of CECL, ACL governance, credit loss estimation, qualitative factor analysis, and related regulatory expectations

10+ years commercial banking experience

5+ years of senior credit administration or credit leadership experience

Significant experience with construction and development lending

Experience working directly with regulators, loan review, auditors, and executive management

Strong interpersonal and relationship-building skills, ability to work closely with lenders, credit analysts, loan operations, executive management, and regulators, provide independent credit oversight while maintaining a collaborative and solutions-oriented approach, excellent verbal and written communication skills, ability to mentor lenders and promote a culture of accountability, consistency, and sound credit judgment

TALKING: Ability to speak effectively and communicate clearly

AVERAGE HEARING: Ability to hear average conversations at a standard level in an office environment around other customers and bank personnel

REPETITIVE MOTION: The employee is regularly required to type throughout the day

FINGER DEXTERITY: The employee is regularly required to use their hands to type and maneuver a mouse

AVERAGE VISION: Specific vision abilities required by this job include close vision, color vision, peripheral vision, depth perception, and the ability to adjust focus with 20/20 vision (with or without the assistance of eyeglasses/contacts)

PHYSICAL STRENGTH: The employee may occasionally lift and/or move up to 25 pounds (unassisted), as well as stand or sit for long periods of time

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