Chief Credit Officer provides leadership and direction for the credit administration and

credit management of Sterling Financial Corporation and Sterling Savings Bank.

Responsible for development, recommendation, implementation and administration of
policies and business goals. Directs activities of subordinate managers and represents the
corporation to regulatory agencies, investors, other financial organizations, trade
associations and others. Develops, directs, and controls credit decisions for all lending
activities and ensures that applicable bank lending policies and practices are followed.
Accountable for the development, application, and ongoing review of the Bank's
underwriting criteria. Implements corporate commercial, consumer, and mortgage
lending policies. Originates loan policy and pricing for approval by Senior Loan
Committee, managing officers and directors.

Essential Duties:
•Contributes to establishing credit policies and operating procedures consistent with
overall corporate policies and operating objectives of the Bank.
•Serves on and/or directs a number of operational committees to ensure effective
interface among corporate divisions and ensures that established policies, programs,
objectives, and goals are communicated.
•Manages the asset portfolio including loan portfolios.
•Develops and maintains interest rate guidelines, fees and other charges for all areas of
lending, consistent with the Bank's management policies as well as being competitive and
maximizing profit for the Bank.
•Develops and maintains credit strategies for new lending programs. Monitors the credit
function, identifies needs and corrects problems throughout the organization.
•Attends monthly Board of Directors meetings, and reports monthly lending activities of
the Bank to the Board. Presents large commercial credits to the Board for approval.
•Participates in various community activities and professional organizations which will
enhance the Bank's visibility as well as further personal development.
•Support and monitor compliance laws and regulations and ensure policies and
procedures are documented, compliant and updated, which includes the planning and
development of new products, promotions, services, etc. Responsible for implementing
corrective measures in response to internal and external examination/review findings
•Assumes administrative responsibility for internal asset review, credit approval,
underwriting, appraisal, special assets, asset recovery and disposition and credit policy.
•Develops, implements and reviews operating policies/procedures and objectives/goals to
ensure that they support corporate-wide policies and objectives.
•Reviews innovations in the industry and evaluates their practicality and effectiveness.
Directs research into new products and/or concepts that could increase operating
efficiency, profits, and/or market share.
•Monitors the performance of subordinate areas of responsibility in attaining established
business objectives.
•Conducts ad hoc projects and assignments as directed by the President, Chief Executive
Officer and Board of Directors of Sterling Savings Bank or Sterling Financial
Corporation.
•Represents Sterling Savings Bank in contacts with business and trade associations,
customer, shareholders, and regulatory agencies. Attends civic functions and otherwise
promotes the Bank's image.
•Supports and monitors compliance laws and regulations applicable to credit
department/area. Ensure policies and procedures are documented, compliant and updated,
which includes the planning and development of new products, promotions, services, etc.
Responsible for implementing corrective measures in response to internal and external
examination/review findings.

COMPLIANCE:
Developing reporting templates to communicate the relative effectiveness of
the control infrastructure and identify potential trends and themes
⇒ Identifying common service level standards for the various risk and
compliance functions and assessing related performance;
⇒ Using data analysis to help risk and compliance unit to develop more
proactive and anticipatory approach to risk measurement, reporting and
management
⇒ Benchmarking risk and compliance effectiveness against microfinance
industry standards.
⇒ Evaluating risk and compliance impact on the overall control environment
⇒ Ensure compliance with all SBP laws, regulations, notifications, circulars,
etc.

Key Skills or Qualification:

⇒ A recognized degree from national or international university/ institute in
auditing / risk and compliance.
⇒ Experience of more than 6 years in the financial services industry in the
area of internal audit, compliance, risk management and/or other internal
control disciplines
⇒ Ability to aggregate, analyze and interpret data and to communicate
effectively to executive management and board members.
⇒ Ability to manage and lead effectively in a progressive environment (both
corporate and regulatory) through business acumen and organizational agility
⇒ Expert change management driver who has critical consensus building
skills and an ability to drive complex initiatives and change across multiple
functions within the organization by partnering with and leveraging others’
expertise and roles.