SVP, Deputy Chief Credit Officer

About Us

Capital Bank N.A. is headquartered in Maryland and has been serving our communities since 1999. We stand as a publicly traded company (NASDAQ: CBNK) with over $3 billion in assets. We offer commercial and consumer banking services to clients in Maryland, DC, and Northern Virginia, alongside two nation-wide lending brands; Capital Bank Home Loans and OpenSky, a credit card division that offers and services credit cards across all states. Our personalized approach to banking, paired with cutting-edge technology solutions and a comprehensive suite of products and services, fuels our growth, and enables us to support our customers at every stage in their financial journey.

Come join a bank where our employees thrive and are engaged in meaningful work. For the last 5 out of 6 years, Capital Bank was named one of the "Best Banks to Work For" in the U.S. by American Banker.

Position Purpose

The Deputy Chief Credit Officer ("DCCO") will report directly to the Chief Credit Officer and is primarily responsible for assisting in the management of overall credit risk of the Bank. This includes overseeing loan origination, credit underwriting, portfolio monitoring, and implementation of credit policies, while ensuring compliance with regulations and maintaining high standards of credit quality; essentially acting as the second-in-command for all credit-related activities within the organization.

On a day to day basis, the DCCO is responsible for the management of the Bank's Commercial Credit Administration and Analysis functions. The DCCO will have supervisory responsibility of the Senior Credit Officers and the overall commercial credit analysis and review process. This includes the underwriting of new credits, annual loan review analysis, and all functions required in the analysis process to provide the Commercial Bank Relationship and Portfolio Managers with support, direction, credit culture and guidance, while adhering to the Bank's policy, process, and procedures.

Position Responsibilities

Credit Policy Development and Implementation:

• Participate in the development and maintenance of credit policies, credit guidance statements, and procedures to mitigate credit risk.
• Ensure adherence to credit policies across the loan origination process.

Credit Underwriting and Loan Origination:

• Review and approve loan applications within credit policy guidelines.
• Lead the credit underwriting process, including financial analysis, risk assessment, and due diligence.
• Collaborate with loan officers to structure and negotiate loan terms.

Credit Portfolio Management:

• Lead the review and analysis of the loan portfolio to identify potential credit risks and opportunities for improvement.
• Implement and oversee credit scorecard program for the Bank's receivables based lines of credit that will support growth and appropriate monitoring and risk management.
• Monitor credit quality metrics and document recommended corrective actions when necessary.
• Oversee the management of specific loan portfolios, including high-risk or complex credit exposures.
• Develop and track KPIs of the Credit Administration/Workflow to report to Executive Management and the Board.

Risk Management and Mitigation:

• Identify and assess emerging credit risks within the portfolio.
• Implement strategies to mitigate credit risk, including relevant credit guidance statements that align with current economic cycle, budgeted growth plans, and risk tolerance levels.
• Report on credit risk exposures to senior management.

Compliance and Regulatory Oversight:

• Ensure compliance with all relevant credit-related regulations and reporting requirements.
• Monitor for potential compliance issues and address them promptly.

Team Leadership and Development:

• Develop staff competency in credit underwriting, risk assessment, subject matter expertise, and portfolio management practices.

Minimum Education and Experience

• Bachelor's Degree+ in Business Studies, Business Administration, Finance, or a related field
• 10+ years of work experience in a commercial credit environment, preferably in Commercial Banking
• Experience managing the overall credit process for all types of loans, specifically those generated by a Commercial Bank.
• Experience in all aspects of the loan and credit process and a good understanding of how the banking industry operates.
• Previous supervisory experience.
• Ability to coach, mentor, develop and lead a team of experienced professionals.

Technical Knowledge and Skills

• Microsoft office software suite (Word, Excel, PowerPoint, etc); excellent oral and written communication skills. Has the following knowledge:
• Advanced underwriting skills
• Highly analytical in nature.
• Understands both the structure of loans and is experienced with directly negotiating the loan terms.
• Understanding and knowledge of loan documentation and working with outside counsel to ensure correctness.
• Knowledge of lending procedures and regulations.

Working Arrangements

• This is a hybrid role expected to work in office Monday, Tuesday, Thursday, and Friday. You will be able to work remotely on Wednesday.

Compensation

• Base Salary Range: $200,000 - $250,000 annually. Final determination of where you are at in the salary range is based on numerous factors such as relevant experience, skill set, education, and ability to meet qualifications within the job description.
• Additional Compensation: This role will include a yearly annual target bonus based on individual performance.

Why Join Us?

• Join a growing company with a culture that fosters an entrepreneurial spirit
• Comprehensive benefits package including Medical, Dental, Vision, Company Paid Life Insurance, Disability Insurance, and more!
• Company Contributions to your 401k - Regardless of your contribution
• Employee Perks: Paid Parental Leave, Employee Recognition Program, Leadership Program, Tuition Reimbursement Program, Employee Bank Checking Account, and much more!
• Generous Paid Time Off and Paid Holidays - Including Paid Charity Hours to support volunteer opportunities

Compliance

It is the responsibility of each bank staff member and of management to adhere to policies and procedures designed to implement compliance with the laws and regulations to which the bank is subject. Each bank staff and management member shall be accountable for understanding how compliance with laws and regulations affects the performance of their day-to-day duties, for completing compliance training as assigned and for carrying out those duties in a manner to achieve compliance with those laws and regulations.

The above mentioned are intended to describe the general nature and level of work performed rather than to be an inclusive list of all duties, responsibilities and skills required for the position. Job duties may be changed at anytime at management's discretion. The job description is not intended to create contractual obligations of any kind.

Capital Bank, N.A. is an Affirmative Action and Equal Opportunity Employer