This position has a career progression to Chief Credit Officer based on the individual’s ability and performance within the job.
Assists in strategic oversight and administration of the loan portfolio consisting of consumer, mortgage and commercial credits. Assists in monitoring the quality of the loan portfolio and assists in producing timely analytical reports with regards to the loan portfolio. Assists in managing all functions relating to Credit Administration. Assists with supervision of the Loan Servicing, Credit Administration, Loan Workout, and Credit Analysis functions and staff as directed by the EVP/CCO. Assists in ensuring staff has required training and a working knowledge of current Federal and State regulations as directed.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
Assists in managing the lending portion of audits and exams, including any ensuing recommendations for management's attention.
Assists with ensuring internal loan review and assists in providing quarterly reports to the Board, or board appointed committee, that will include at a minimum conclusions regarding (i) the overall quality of the loan portfolio; (ii) the identification, type, rating and amount of problem loans; (iii) the identification and amount of delinquent loans; (iv) credit and collateral documentation exceptions; (v) the identification and status of credit-related violations of law, rule or regulation; (vi) the identity of the loan officer who originated each loan reported in accordance with (ii) through (v); (vii) concentrations of credit; (viii) loans and leases to executive officers, directors, principal shareholders (and their related interests) of the bank; (ix) adequacy of the allowance for loan and lease losses methodology.
Assists in providing leadership and oversight to the Credit and Special Assets department regarding deliverable, project plans and performance management as directed by the EVP/CCO.
Assists with development of loan operations work flow descriptions identifying and addressing key control points and elements and ensuring controls as directed by EVP/CCO.
Prepares and reviews regulatory reports as directed by the EVP/CCO
Assists in the coordination and responds to regulatory examinations, external audits and manages third party vendor relationships with regards to appraisals, collateral audits and other providers as needed.
Assists the EVP/CCO in the formulation of the Commercial credit policies to achieve company goals and maintain Credit Quality and prepares suggested changes to same as necessary and appropriate.
Assists in preparing allowance for loans and leases using the ALLL model to establish allowance requirements and outcomes for the company as directed by the EVP/CCO.
Assists the EVP/CCO in monitoring the loan portfolio performance to insure superior credit quality and performance.
Assists the EVP/CCO in reviewing collection reports to ascertain status of collections and balances outstanding.
Assists the EVP/CCO in the auditing of delinquent accounts considered to be uncollectible to ensure maximum efforts have been taken before assigning bad debt status to account.
Assists in the development of budgets.
Assists in the coordination with others, including personnel in company branches and other Departments to ensure an exchange of information.
Additional Salary Information: Based on experience and ability
About CITIZENS BANK OF KENTUCKY
Citizens Bank of Kentucky was organized December 27, 1909 as a State Bank under the name Paintsville Bank & Trust Co. on February 14, 1910, initial Capital was $50,000.00. Through growth and acquisition Citizens ended December 31, 2014 with 8 counties that include Johnson, Floyd, Pike, Magoffin, Lawrence, Boyd, Green-up and Carter Counties. On January 8, 2016, Citizens National Bank completed the acquisition and merger of Alliance Banking Company located in Winchester, KY.
With the addition of Clark County, Citizens began 2016 operating 13 branches in nine counties throughout Kentucky, with approximately $622 million in assets and $503 million in deposits.
In May 2016, Citizens decided to return to our roots and convert from a national charter to a state chartered member of the Federal Reserve and on June 30, 2016, the bank officially changed its name to Citizens Bank of Kentucky. The new name and updated logo were introduced to reflect the bank’s commitment to serve the banking needs for the citizens of Kentucky.
Citizens Bank of Kentucky is the one of the largest independently owned and operated community banks in Kentucky.