Chief Credit Strategy Officer
Job Locations
US-MN-Saint Paul | US-IL-Chicago | US-IL-Hickory Hills | US-IL-Deerfield | US-MN-Minneapolis | US-MN-St Louis Park | US-WI-Milwaukee | US-WI-Madison | US-IA-Davenport | US-MI-Grand Rapids | US-MI-Troy | ...
Category/Function
Lending/Commercial/Consumer/Credit
Position Type
Regular Full-Time
Requisition ID
2026-19248
Workplace Type
On Site
Overview
Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.
We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.
Responsibilities
A strategic and visionary Chief Credit Strategy Officer will spearhead strategic initiatives, including the evaluation of our people, processes and systems to determine the most effective and efficient operating model for our credit risk management organization. Reporting directly to the CCO, this executive-level position will be pivotal in shaping and executing our credit risk strategy, ensuring alignment with regulatory requirements and Heightened Standards and industry best practices. The role requires a deep understanding of credit risk, data analytics, and automation to drive informed decision-making and enhance overall organizational effectiveness. This position will also be a managerial role with a team of credit policy, credit systems and data and credit reporting professionals driving many of these initiatives.
We are an in-office culture with offices throughout Chicago land and will consider candidates based throughout our footprint from Fargo to Chattanooga.
Salary Range
The salary range for this position is $136,000 - $279,100 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.
Key Accountabilities
- Credit and Lending Process Optimization: Lead efforts to streamline and enhance credit and lending processes to improve efficiency, accuracy, and customer satisfaction. Identify areas for improvement and implement best practices to optimize workflows.
* Credit Policy Implementation: Develop, implement, and maintain credit policies that align with regulatory requirements and organizational goals. Ensure policies are effectively communicated and adhered to across the organization.
* Heightened Standards Implementation: Oversee the implementation of heightened standards for credit and lending practices, ensuring compliance with industry regulations and internal policies. Monitor and evaluate the effectiveness of these standards.
* Credit Risk Data & Reporting: Drive a culture of data insight, monitoring, and dynamic forecasting. Maturing current standards for data risk aggregation and reporting aiding Heightened Standards while evolving portfolio monitoring allowing the business to grow in a transparent and thoughtful way.
* Business Process Outsourcing: Identify opportunities for business process outsourcing to enhance operational efficiency and reduce costs. Develop and execute outsourcing strategies, manage Infosys relationships for Credit, and ensure seamless integration of outsourced processes.
* Strategic Leadership: Provide strategic direction and leadership to the credit and lending teams, fostering a culture of continuous improvement and innovation. Collaborate with cross-functional teams to drive organizational goals and initiatives.
* Risk Management: Assess and mitigate risks associated with credit and lending processes. Implement robust risk management frameworks and ensure compliance with regulatory requirements.
* Performance Monitoring: Establish key performance indicators (KPIs) to monitor the effectiveness of credit and lending processes. Analyze data and generate reports to track progress and identify areas for improvement.
* Stakeholder Engagement: Build and maintain strong relationships with internal and external stakeholders, including regulatory bodies, vendors, and business partners. Communicate effectively to ensure alignment and support for strategic initiatives.
Key Competencies for Position
Promotes Change - Seeks to understand and embrace change.
* Actively seeks information to understand the rationale, implications and impact for changes.
* Remains agile by quickly modifying daily behavior, leveraging resources, and trying new approaches to effectively embrace change.
* Willing to act quickly, learn and adjust as needed.
* Identifies and recommends changes to leadership to improve performance.
Strategy in Action - Build your strategic mindset capability.
* Breaks down larger goals into smaller achievable goals and communicates how they are contributing to the broader... For full info follow application link.
EOE/Minorities/Females/Vet/Disability
