Chief Credit Officer

Chief Credit Officer

Redemption Bank Holladay, Utah

Lead Credit. Shape Growth. Build Something Meaningful.

Redemption Bank is a growing community bank focused on commercial, government-guaranteed, equipment finance, and specialty lending solutions. As we continue expanding our lending platform, we are seeking a Chief Credit Officer to help drive disciplined growth while maintaining exceptional credit quality.

This position offers a unique opportunity to partner directly with CEO Jan Ackley, an accomplished banker with extensive lending and credit experience. The successful candidate will play a key role in underwriting, portfolio management, credit administration, and strategic loan decision-making while helping develop the next chapter of Redemption Bank's lending operations.

We are looking for a strong credit professional with proven underwriting expertise, sound judgment, and demonstrated leadership potential. Prior Chief Credit Officer experience is welcome but not required.

What You'll Do

• Lead the Bank's credit administration and underwriting functions.
• Review, structure, and approve commercial credit opportunities.
• Maintain a high-quality loan portfolio through sound risk management and ongoing portfolio monitoring.
• Partner closely with lending officers to evaluate complex transactions and develop creative financing solutions.
• Provide guidance and mentorship to underwriters, portfolio managers, and lending staff.
• Participate in Credit Committee discussions and present recommendations to executive leadership and the Board.
• Assist in developing and refining credit policies, procedures, and underwriting standards.
• Monitor concentrations, risk trends, and portfolio performance.
• Support regulatory examinations, loan reviews, audits, and risk management initiatives.
• Contribute to new product development, including commercial credit card and specialty lending programs.
• Serve as a trusted advisor to executive leadership on portfolio strategy, credit quality, and growth opportunities.

What We're Looking For

Required Qualifications

• 5+ years of commercial credit, underwriting, portfolio management, or lending experience.
• Strong credit analysis and underwriting capabilities.
• Experience evaluating business financial statements, cash flows, collateral, guarantor strength, and repayment capacity.
• Proven ability to make sound credit decisions and communicate recommendations clearly.
• Experience managing loan portfolios and identifying emerging credit risk.
• Demonstrated leadership skills and the ability to influence teams and stakeholders.
• Strong written and verbal communication skills.

Preferred Qualifications

• Experience in:
• Equipment Finance
• Leasing
• SBA Lending
• USDA Lending
• Government-Guaranteed Lending Programs
• Mid-Ticket Commercial Lending
• Experience with commercial credit cards or other credit products.
• Familiarity with community bank regulatory expectations.
• Experience leading underwriters, credit analysts, or lending personnel.
• Bachelor’s degree in finance, Accounting, Economics, Business, or a related discipline.

Why This Role Is Different

Many Chief Credit Officer roles focus primarily on administration and policy oversight. At Redemption Bank, you'll remain actively engaged in credit decision making while helping shape the future of a growing institution.

You'll work directly with an experienced CEO who understands lending, values strong underwriting, and believes in empowering talented credit professionals to advance their careers. As well as a strong credit team with diverse expertise.

This is an ideal opportunity for a senior underwriter, portfolio manager, credit manager, or lending executive looking to take the next step into broader leadership.

Compensation & Benefits

• Health, and Dental Insurance
• Paid Time Off and Bank Holidays
• Professional Development Opportunities
• Direct Exposure to Executive Leadership and Board-Level Decision Making
• Opportunity to Help Build and Shape a Growing Community Bank

Pay: From $160,000.00 per year

Benefits:

• Dental insurance
• Health insurance
• Paid time off

Work Location: In person