Chief Lending Officer
About the Company
Prominent community development financial institution
Industry
Management Consulting
Type
Non Profit
Founded
1982
Employees
201-500
Categories
Specialties
About the Role
The Company is seeking a Chief Lending Officer (CLO) to play a pivotal role in the transformation of capital and investments within communities. The CLO will be responsible for the strategic development and execution of lending strategies that align with the organization's impact and profitability goals. This includes overseeing community development lending, small business CRE lending, and small business lending, as well as managing the loan portfolio and ensuring compliance with lending regulations. The successful candidate will be a key leader in the organization, with a focus on loan growth, product development, and relationship management. They will also be tasked with providing financial and operational leadership, and will work closely with the Executive Management Team to ensure that lending activities are in line with the company's broader strategic objectives.
Applicants for the CLO position at the company should have a Bachelor's degree in finance, business administration, or a related field, with an MBA or equivalent preferred. A minimum of 20 years' experience in credit originations or banking, including at least 5 years in a senior lending or credit leadership role, is required. The ideal candidate will have a proven track record in developing and executing successful lending strategies, managing diverse loan portfolios, and driving growth in commercial and real estate lending. Strong leadership, communication, and management skills are essential, as is a deep understanding of lending regulations, risk management practices, and audit processes. The CLO will be expected to lead a high-performance team, promote a culture of accountability, and ensure that the lending function adheres to the company's risk management practices and regulatory requirements.
Hiring Manager Title
President and Chief Executive Officer
Travel Percent
Less than 10%
Functions
Chief Lending Officer • Chicago, IL, United States