Chief Credit Officer

• If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.
  
  
  

This position is located at our Billings, MT Downtown Tower branch.

What’s Important To You

We know your career is just one aspect of a meaningful, complex, and demanding life. That’s why we designed our compensation and benefits package to provide employees and their families with as much choice as possible.

• Generous Paid Time Off (PTO) in addition to paid federal holidays.
• Student debt employer repayment program.
• 401(k) retirement plan with a 6% match.
• The health and happiness of the places we call home matter to us. Learn a little more about what we do for the communities we serve and why we want YOU to be a part of it.
  
  
  

We encourage you to apply. Reach for what you want and tell us why your work ethic and willingness to learn make you a natural fit for #TeamFirstInterstate.

Summary

The Chief Credit Officer (CCO) is responsible for the overall management of the Banks' Credit Risk Management function; develops, maintains, and communicates a credit strategy for the organization appropriate for meeting the Company's agreed upon goals and objectives. This position will lead the Credit Risk Management team and work with the Chief Banking Officer's organization and key stakeholders to facilitate the origination of new loans and management of the existing portfolio, including the oversight of the Bank's credit quality. Additionally, this position assists the Bank in meeting its overall business plan goals and maximizing loan profitability within risk appetite limitations of the organization.

Essential Duties And Responsibilities

• Develops, implements, and maintains credit policies and procedures appropriate to manage risk within the company's Risk Appetite for commercial and consumer lending.
• Develops and communicates credit strategy for the organization in partnership with the Chief Banking Officer and other key stakeholders, in line with the Company’s agreed upon goals and objectives.
• Conducts routine team meetings with key stakeholders in areas of responsibility to ensure alignment and engagement.
• Develops credit risk appetite to promote the strategic direction of the Bank in conjunction with the Enterprise Risk Management program.
• Partners with Chief Banking Officer and Chief Human Resources Officer to develop and deploy ongoing credit training programs for credit risk and banking teams.
• Serves as a strategic leader and advocate of the Bank’s credit culture, ensuring it is understood by all key stakeholders and consistent with management’s standards and expectations.
• Develops, implements, and maintains an appropriate Credit Portfolio Management program that includes reporting and analysis to monitor credit performance for management, the Bank Board, and the Risk Committee of the Board of Directors.
• Develops, implements, and monitors loan policies, procedures, and practices; reports to the organization's Management, Bank Board, and Holding Company Board risk related committees.
• Participates in the Bank’s ACL Committee as a voting member to ensure reserves are timely and appropriate based on the environment and quality of the loan book.
• Maintains the highest individual loan authority, as granted by the Bank Board, up to the house limit.
• Ensures credits are structured to align with the Bank’s Credit Policy guidelines and client needs, in conjunction with lending teams.
• Manages the Special Assets Group that coordinates commercial work-out loans and strategies.
• Interfaces directly with banking regulators, as needed.
• Coordinates preparation and distribution of accurate credit information covering loan quality trends, growth trends, and loan product concentrations on a timely basis.
• Leads credit diligence teams to review credit portfolio of any potential bank acquisitions.
• Ensures compliance with state and federal regulatory guidelines.
• Works closely with the legal counsel to expeditiously resolve litigation while minimizing legal and collection expenses.
  
  
  

Management Responsibilities

• Manage direct reports including Appraisal, Credit, and Special Assets Officers.
• Hires, supervises, evaluates, mentors, and develops team.
• Performs personnel actions to include performance appraisals, disciplinary actions, and interviewing candidates for employment.
• Supervises the daily activities of the team to include delegation of assignments, development of work schedules to meet required timelines, and ensures training is completed.
  
  
  

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Knowledge, Skills And Abilities

• Thorough knowledge of loan documentation requirements, loan underwriting guidelines, loan negotiations, and regulatory issues.
• Thorough knowledge of banking and lending strategies.
• Advanced knowledge of the loan market and various industry (OCC and FDIC) regulations.
• Demonstrated proficiency in using Microsoft Office software, including Internet Explorer, Word, PowerPoint, and Excel.
• Effective verbal and written communication skills to include the ability to speak effectively to groups.
• Ability to read and correctly interpret rules, regulations, policies, and procedures that relate to all bank products.
• Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
• Applies superior decision-making techniques pertaining to inquiries, approvals, and requests as they apply to existing policies and procedures, keeping within assigned approval limits.
• Maintains knowledge of financial industry, economy, market conditions, rates, vendors, and competition.
• Working knowledge of the accounting and SEC reporting principles, including related impacts of credit decisions and other financial matters and financial statement disclosures.
  
  
  

Education And/Or Experience

• Bachelor's Degree in Business or related field required
• 10+ years direct credit and supervisory experience in commercial lending, real estate and construction lending, and/or SBA and agricultural lending required
  
  
  

PHYSICAL DEMANDS AND WORKING ENVIRONMENT

The physical demands and work environment are representative of those that must be met or encountered to successfully perform the essential functions of the job. In compliance with the Americans with Disabilities Act, the company provides reasonable accommodation to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

• Dexterity of hands/fingers to operate computer keyboard and mouse - Frequently
• Sitting - Frequently
• Standing - Occasionally
• Noise Level - Moderate
• Typical Work hours - M-F (8-5)
• Regular and Predictable Attendance - Required
• If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal.