SVP, Chief Credit Officer

**Join a growing, nationally recognized financial institution and make a difference in the communities where you live and work**! Ballston Spa National Bank (BSNB) is seeking a transformational leader who will shape the future of credit strategy and risk management as the **Senior** **Vice President, Chief Credit Officer**. This position is a key member of the management team at BSNB. **A DAY IN THE LIFE OF THE CHIEF CREDIT OFFICER** As Chief Credit Officer, you will lead the Bank's credit function, ensuring a disciplined and forward-looking approach to portfolio quality, underwriting standards, and risk governance. Key responsibilities include: - Establishing and guiding credit strategy aligned with the Bank's growth objectives and risk appetite - Overseeing credit quality across the loan portfolio - Providing leadership in underwriting philosophy and approval standards - Partnering with executive leadership to balance loan growth with prudent risk management - Leading the quarterly Criticized Loan Committee and collaborating on the Allowance for Credit Losses (ACL/CECL) assessment - Overseeing and continuously enhancing the Bank's credit policy - Leading the Management Loan Committee - Ensuring adherence to regulatory expectations and internal credit policies **Essential Functions** - Oversee the Bank's credit risk management functions, including commercial underwriting, credit analysis, commercial loan closing coordination, and management reporting, including concentration monitoring - Provide leadership and development for Credit Administration and Collections teams - Provide input and guidance into the Allowance for Credit Losses (ACL/CECL) analysis, partnering with the CFO to ensure accuracy, sound methodology, and alignment with portfolio performance - Review credit approval memoranda to assess risk ratings, structure, terms, repayment sources, and overall risk/return - Collaborate with Commercial Banking to evaluate, structure and price new loan opportunities - Monitor loan relationships including risk ratings, performance trends, liquidity, and covenant compliance - Review complex credit proposals for adherence to credit policy and regulatory guidelines - Oversee the annual credit review process - Review and present reports to Management and the Board - Serve as a liaison with third parties to include loan review and banking regulators - Oversee the Collections Department function to ensure performance goals are met while maintaining compliance - Oversee the Bank's Regulation O compliance efforts, ensuring proper controls, reporting, and adherence to insider lending requirements **Decisions** - Exercise credit approval authority within limits - Recommend larger transactions for committee or Board approval - Evaluate loan opportunities and potential modifications for alignment with credit risk appetite and approval standards **QUALIFICATIONS** The ideal candidate will have a minimum of 10 years of progressive experience in commercial credit, including senior leadership responsibilities and demonstrated success in portfolio management. Exceptional analytical, decision-making, and communication skills are required. Strong knowledge of regulatory expectations, credit policy, and risk management frameworks, along with a proven ability to drive process improvement and strategic initiatives is essential. Bachelor's degree in Business, Finance or related field required. **OUR INVESTMENT IN YOU** BSNB offers a **generous compensation and benefits packag**e. This includes medical, dental, vision, company-paid life insurance, voluntary insurance options, both a 401(k0 Plan with a company match and a pension plan, and tuition reimbursement. We invest in you with a **generous paid time off package** including 11 paid holidays. We believe providing a **work-life balance** is key to your success and investing in your professional development is key to your growth and satisfaction. BSNB provides all employees and applicants an equal…