Also referred to as:
Chief Lending and Credit Officer
Requirements and Responsibilities
Chief Lending Officer leads and directs an institution's overall loan portfolio. Establishes corporate policies and procedures regarding lending activities in order to provide long-term portfolio growth. Being a Chief Lending Officer requires a bachelor's degree. Typically reports to top management. The Chief Lending Officer manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. To be a Chief Lending Officer typically requires 8+ years of managerial experience.