Overview

Mission National Bank (MNB) is seeking an Executive Vice President, Chief Credit Officer to join our team in San Francisco.

This position is primarily onsite with potential for hybrid work days based on business needs.

Base pay range

$180,000.00/yr - $200,000.00/yr

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Position Summary

The Chief Credit Officer (CCO) is responsible for providing support, direction, credit information, and loan policies and procedures to ensure the overall quality of the Bank’s lending portfolio. Duties include using the CECL model to calculate the Allowance for Credit Losses (ACL) and making recommendations to executive management and the Board of Directors for quarterly allocations to the Loan Loss Reserve. Conduct thorough reviews of all loans prior to submission to the Loan and Investment Committee (LIC) for approval. Oversee remediation of OCC exam and independent audit findings. Also responsible for managing ongoing credit risk, including timely risk grading of all loans, and performing semi-annual stress tests. Provide direct supervision duties over departmental staff, ensuring compliance with Bank policies, procedures, and all applicable federal and state banking regulations.

Required Skills

• Strong analytical skills to assess loan applicants and a company’s credit situation, with sound decision-making to avoid high-risk loans; proficiency with financial data analysis and budgeting.
• Ability to develop and lead an effective staff team, including training staff on financial policy.

Responsibilities

• Oversee the credit approval process and portfolio monitoring systems for all current and future credit products.
• Ensure credit policies are regularly reviewed, updated as needed, and well-communicated organization-wide.
• Maintain support of the Bank’s credit culture across significant lending units (consumer, business, wealth management, commercial and corporate banking).
• Manage loan loss reserve and charge-off processes to align with industry best practices and regulatory guidelines.
• Ensure loan documentation, systems, and procedures meet regulatory requirements and industry standards.
• Provide information to bankers, executive management, and the Board to assess loan quality and risk management; support portfolio management to meet asset quality objectives.
• Analyze loan concentrations by type and geography; oversee development and enhancement of analytical models and stress testing procedures.
• Promote healthy diversification of the loan portfolio through sound credit policies and training of bankers and credit officers.
• Monitor competitor activities and industry best practices to position the Bank for opportunities in target markets.
• Represent the Bank to regulators, external parties, and customers regarding credit management and lending activities.
• Oversee evaluation of systems and, when appropriate, selection and implementation of new credit systems to ensure integrity and consistency of policies and procedures.

Ideal Qualifications & Knowledge

• Bachelor’s degree or higher in economics, business, accounting, or equivalent experience.
• Bank or credit union experience preferred.
• 10+ years of industry experience including asset origination, credit assignments with client contact, and leadership roles in workouts and turnaround phases of banking.
• Strong knowledge of risk management, especially credit risk management for Commercial and Commercial Real Estate lending, with familiarity of business climates in SMEs.

Note: This job description is non-contractual and may be changed from time to time.

Note to recruiters: Please do not contact us as we are not using external recruiters to fill this position at this time.

The salary range for this role is USD $180,000-$200,000 annually. Base salary may vary based on geographic location, experience, knowledge, skills, and abilities.

MNB is an Equal Opportunity Employer. MNB will consider qualified applicants with a criminal history in a manner consistent with the San Francisco Fair Chance Ordinance.

All employees must be legally authorized to work in the United States. The company will not sponsor applicants for work visas.