Chief Credit Officer - Pitney Bowes Bank

At Pitney Bowes we do the right thing the right way. As a member of our team you can too.

We have amazing people who are the driving force the inspiration and foundation of our company. Our thriving culture can be broken down into four components: Client. Team. Win. Innovate.

We actively look for prospects who:
Are passionate about client success.
Enjoy collaborating with others.
Strive to exceed expectations.
Move boldly in the quest for superior and best in market solutions.

Job Description:

Pitney Bowes Bank is looking for a talented Chief Credit Officer who thrives in a fast-paced collaborative environment and is driven to make meaningful impact.

For the past 100 years Pitney Bowes has been dedicated to growing alongside our small and large business customers evolving our portfolio of products and services to meet their ever-changing needs. Pitney Bowes Bank plays a significant role in achieving these important objectives for our customers. By providing payment solutions working capital financing equipment lending and leasing and structured financing solutions the Bank is well positioned to keep our customers running and scaling smartly.

As the Chief Credit Officer you will play a pivotal role in shaping and executing growth and credit strategies. You will be responsible for establishing and maintaining a robust credit risk management framework ensuring the companys credit approach aligns with business objectives and regulatory standards. This position requires a strategic thinker with a deep understanding of credit risk regulatory compliance and a proven track record of building successful credit programs across multiple products and market segments. Given the significant opportunities and transformation needs ahead the CCO will be instrumental in identifying creative solutions to unique challenges and providing thought leadership on how to best build and scale the Banks products and services.

This role will report to the Pitney Bowes Bank CEO and President and will serve as a member of the Bank leadership team.

Key Responsibilities:

Credit Risk Management:

• Develop and maintain a comprehensive credit risk management framework including credit policies underwriting standards and risk assessment models tailored specifically to the Banks lending/leasing products.
• Overseeing the credit risk appetite procedures and guidelines for credit products and services across all customer segments.
• Collaborate with cross-functional teams to ensure credit policies are seamlessly integrated into the companys products and services.
• Review and approve/decline proposed loans and leases making recommendations on loan structure terms and pricing.
• Identify assess and mitigate emerging credit risks ensuring the banks loan portfolio remains sound and compliant with regulations.
• Monitor and analyze the loan portfolio identifying trends and patterns to make data-driven decisions on credit risk management.
• Conduct regular portfolio reviews to assess asset quality concentration risks and emerging trends.

Strategic Leadership:

• Develop and execute the Banks credit strategy aligning it with market trends and company goals. Specifically focusing on the efficient scaling and growth of credit products from large commercial finance to small ticket equipment lending.
• Partner with commercial teams to negotiate terms with large or high-risk clients to secure favorable conditions for the Bank while managing credit exposure.
• Act as a key member and advisor to the executive team and Board presenting insights recommendations and performance updates.
• Implement process improvements and leverage technology to optimize credit operations.

Model Development & Validation:

• Oversee the implementation and ongoing strategies around credit decisioning platforms to ensure accurate implementation of credit underwriting/account management/fraud policies ensuring accuracy efficiency and compliance with established Bank policies.
• Ensure the ongoing accuracy reliability and validity of credit risk models conducting periodic reviews and validation to maintain model performance.
• Stay abreast of industry best practices and regulatory requirements for credit risk modeling adapting models as needed.

Portfolio Monitoring and Reporting:

• Develop and implement strategies for ongoing monitoring of credit portfolios ensuring effective analyses and insights to drive credit collections and commercial strategies.
• Generate and present comprehensive and informative credit risk reports to the Board executive leadership and relevant stakeholders.

Team Leadership:

• Lead mentor and develop credit risk teams providing guidance and support for their professional development.
• Foster a culture of accountability collaboration and constructive problem solving within the credit risk department and across the organization.

Regulatory Compliance:

• Ensure compliance with all applicable regulations including state federal and industry-specific lending requirements.
• Act as the primary point of contact with regulatory agencies and auditors regarding credit risk management and compliance.
• Keep senior management and the Board of Directors informed of regulatory changes and their impact on credit operations.

We will:

Provide the opportunity to grow and develop your career
Offer an inclusive environment that encourages diverse perspectives and ideas
Deliver challenging and unique opportunities to contribute to the success of a transforming organization
Offer comprehensive benefits globally (PB Live Well)

Pitney Bowes is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard for race color sex religion national origin age disability (mental or physical) veteran status sexual orientation gender identity or any other consideration made unlawful by applicable federal state or local laws.

All qualified applicants including Veterans and Individuals with Disabilities are encouraged to apply.

All interested individuals must apply online. Individuals with disabilities who cannot apply via our online application should refer to the alternate application options via our Individuals with Disabilities link.