| Created | 03/20/2023 |
| Job title | Chief Credit Officer |
| Reference | Credit Risk |
| Category | Executive |
| Job type | full time |
| Experience | 15+ years |
| Country | United States |
| State | MD |
| City | Bethesda |
| Zip | 20814 |
| Address | Eagle Bank - 7735 Old Georgetown Road Bethesda, MD 20814 |
| Salary | competitive |
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Position Title: Chief Credit Officer
OVERVIEW: Eagle Bancorp, Inc. headquartered in Bethesda, MD, was incorporated in 1997 to serve as the bank holding company for EagleBank. Eagle Bancorp is a publicly traded company under the symbol EGBN. EagleBank commenced banking operations on July 20, 1998, and currently operates 20 banking offices: six in Suburban, Maryland, five located in the District of Columbia; and nine in Northern Virginia. The Bank was founded to specifically address the business and personal needs of local business owners.It has been answering and exceeding those needs for over 20 years, providing custom financial solutions, local access to senior management, quick response, local decision-making, and a deeply-rooted dedication to the local community.
Our Mission is to be the most respected and profitable community bank by putting relationships first to the delight of our customers, employees, and shareholders, and relentlessly deliver the most compelling service and value. Eagle Bank’s Values are: Relationships F·I·R·S·T: Flexible, Involved, Responsive, Strong, and Trusted.
SUMMARY:Responsible for asset quality, development and communication of credit policies and procedures, focusing on mitigating risks and loss to the Bank. Oversight of all aspects of credit quality including effective monitoring, collection, construction disbursements, loan recoveries and regulatory compliance. Provides overall support in achieving strategic and Bank performance goals.
ESSENTIAL JOB FUNCTIONS:
- Manages the collection efforts and works with outside counsel as necessary with problem loans. Oversees special investigations and related projects, such as loan fraud investigation, analysis of industry trends, and evaluation ofloan policies and unique loan situations.
- Ensures the accuracy of risks ratings on all credits, manage and collect adversely risk rated credits and recommend specific loan loss reserve provisions as necessary and provide an assessment of loan condition and quality, independent of the loan function.
- Coordinates with the Chief Lenders onthe evaluation of loan portfolios, internal policy controls, risk ratings and overall loan management.
- Prepares and presents required information for submission to Credit Review Committee of the Board, including anyfindings having an adverse effect on loan collateral or a borrower’s ability to repay the loan. Selects and manages the credit review process with independent credit review firm.
- Supervises all functions of credit analysis, ensuring that quality, objective credit analyses are included in loan packages presented to various loan committees, senior bank officers and board members.
- Provide leadership through guidance, mentoring and by leading and attending meetings with the division. Ensures excellent internalcustomer service.
- Other duties as assigned.
JOB REQUIREMENTS:
- Bachelor’s degree in Accounting, Business, Finance or a related field; advanced degree preferred.
- 15years of commercial bank credit experience; minimum of 5 years in an executive managementrole.
KNOWLEDGE/SKILLS REQUIRED:
- Extensive knowledge of all lending and regulatory policies and procedures.
- Extensive knowledge of collections, workout and loan review procedures.
- Proficient in Microsoft Office
EagleBank promotes an equal employment opportunity workplace which includes reasonable accommodation of otherwise qualified disabled applicants and employees.Employment selection and related decisions are made without regard to sex, race, age, disability, religion, national origin, color or any other protected class. This job description in no way states or implies that these are the only duties to be performed by the employee(s) in this position. Employee(s) will be required to follow any other job-related instructions and to perform any other job-related duties as requested by any person authorized to give instructions or assignments. Duties, responsibilities and expectations may be added, deleted; or changed at any time at management’s discretion and this job description does not create an employment contract, implied or otherwise,other than an employment-at-will relationship.___________________________________________
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