Executive Credit Officer

Position Summary The Executive Credit Officer (ECO) manages Busey’s Commercial Approval and Underwriting Processes for the regions they support and oversee. The ECO serves as a credit resource for business lines as well as working with senior management on corporate initiatives. Duties & Responsibilities Portfolio & Risk Management

• Develop and maintain sound borrower relationships while actively monitoring portfolio performance and associated credit risk
• Ensure risk rating systems remain current and accurately reflect portfolio risk, including appropriate regulatory loan grades and PD/LGD assessments
• Review and approve field examinations, audits, loan reviews, regulatory examinations, Annual Loan Servicing Reviews (ALSRs), non-accrual recommendations, charge-offs, Troubled Debt Restructuring (TDR) assessments, and Current Expected Credit Loss (CECL) analyses and reserve recommendations
• Monitor borrower performance and emerging risks, ensuring timely identification and resolution of credit concerns

Credit Advisory & Structuring

• Provide credit counseling and consultative guidance on transaction analysis and structuring to align requests with the bank's credit policies and risk appetite
• Facilitate timely and well-supported credit analysis, loan structuring, and decision-making for both new credit requests and relationship renewals
• Partner with Relationship Managers, Credit Analysts, Underwriters, and other stakeholders to gain early involvement in the credit process, influencing deal structure and risk mitigation strategies

Business Partnership & Relationship Management

• Build and maintain strong partnerships with Commercial Banking teams through regular communication, leadership meeting attendance, and visits to regional and remote offices
• Promote open dialogue and early collaboration in the credit process while supporting client calling activities and business development efforts
• Serve as a trusted advisor to banking teams by balancing growth objectives with prudent risk management

Leadership & Team Management

• Lead, coach, and develop a team of Credit Officers and Commercial Underwriters
• Provide guidance and oversight to ensure timely, accurate, and well-reasoned credit recommendations
• Foster adherence to credit policy, regulatory requirements, and sound underwriting practices across the team

Workflow & Operational Management

• Partner with Regional Presidents and banking leadership to manage underwriting workflows and ensure timely support for new and existing client relationships
• Oversee resource allocation and process efficiency to meet service level expectations while maintaining strong credit quality standards
• Drive consistency, accountability, and operational excellence throughout the credit approval process

Education & Experience

Knowledge of:

• Excellent oral and written communication skills
• Strong interpersonal, organizational, analytical, presentation, and critical thinking skills
• Comprehensive knowledge of the overall departmental function, including expert knowledge in Busey’s Commercial/Credit line of business

Ability to:

• Provide accurate and timely Commercial Analysis and Approval
• Take independent action within established options and develops new procedures and approaches to problems when necessary
• Analyze situations and solve problems
• Perform duties and make decisions under frequent time pressures

Education and Training:

• Requires Bachelor’s degree with a concentration in Business or Finance; advanced degree preferred
• Requires 15+ or more years of Commercial Credit experience with prior single signature approval authority
• Requires 15+ years’ experience in a progressive management/leadership role
• Requires proficient knowledge of Microsoft Office

Every day, our associates live Busey’s core values, doing better business, building stronger relationships and creating thriving communities - while delivering meaningful value to shareholders.

Compensation and Benefits Salary offered is based on factors, including but not limited to, the job duties, required qualifications and relevant experience, and local market trends. The role may be eligible for bonus or incentives based on company and individual performance.

(Base Pay Range: $260,000 - $300,000/year)

Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results. Your personal and professional well-being - now and in the years to come - are important to us. Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program. In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts. Visit Busey Total Rewards for more information.

Equal Opportunity Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey’s commitment of delivering extraordinary excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey’s Equal Opportunity Employment.

Unsolicited Resumes Busey Bank, and its subsidiaries, does not accept any liability for fees for resumes from recruiters or employment agencies ("Agency"), without a binding, written recruitment agreement between Busey and Agency describing the services and specific job openings ("Agreement"). Busey may consider any candidate for whom an Agency has submitted an unsolicited resume and explicitly reserves the right to hire those candidate(s) without any financial obligation to the Agency, unless an Agreement is in place. Any email or verbal contact with any Busey associate is inadequate to create a binding agreement. Agencies without an Agreement are requested not to contact any associates of Busey with recruiting inquiries or resumes. Busey respectfully requests no phone calls or emails.