The Chief Credit Officer (CCO) is the person responsible for managing the risk associated with the distribution of bank loans. The CCO’s responsibilities include overseeing collections and loan procedures, and processing mitigation of the risks surrounding a loan portfolio. The CCO will work with management to ensure all internal documentation is in compliance with government regulations. They are also responsible for all the decisions of the lending department of a bank or lending institution. Employers typically require a bachelor’s degree plus 8-10 years of experience in lending, loan review, and compliance. Skills in financial management, problem-solving, and communication help secure the best jobs.