Title: Chief Credit Officer #00046
State Role Title: Financial Services Manager II
Hiring Range: $125,000 – $150,000 plus Full State Benefits
Pay Band: 6
Agency: Small Bus and Supp Diversity
Location: DEPT OF SMALL BUS/SUPPLIER DIV
Agency Website: https://sbsd.virginia.gov
Recruitment Type: General Public - G
Job Duties
The Virginia Small Business Financing Authority (VSBFA), a division of SBSD, is seeking a seasoned executive for the role of Chief Credit Officer (CCO). The CCO shall report to the Executive Director.
Responsibilities:
The CCO will provide strategic direction, credit information, and develop loan policies and procedures to ensure the overall quality of the Authority’s lending portfolio. Develop and maintain strong relationships with Regional Lending Managers (RLMs), customers and Board of Directors. Maintain a sound credit culture built upon assisting financial institutions with credit enhancement and direct lending toward promoting opportunity and economic growth for underserved small businesses by providing access to capital. This position requires a Statement of Economic Interest upon entry into the position and then annually as required by the Code of Virginia.
Minimum Qualifications
•Extensive work experience and employment in a financial institution with extensive experience approving and underwriting small business and/or middle market commercial loans, analyzing credit risk, structuring loans, formulating recommendations and presenting loans to senior management for approval. Experience in managing non-performing loans and negotiating and resolving problems.
•Ability to analyze financial statements, perform credit analysis and process loan applications.
•Considerable knowledge of public and private sector financing programs, credit underwriting and loan administration systems and procedures
•Working knowledge of personal computers, word processing, excel and financial spreadsheet software.
•Have strong organizational skills; ability to manage multiple projects; and effectively communicate verbally and in writing.
Additional Considerations
•Significant experience in banking, finance, economics, business administration or accounting.
•Verbal and written bilingual communication skills preferred but not required.
Special Instructions
You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.
To be considered for this position you must complete a state application through the on-line employment system at https://jobs.agencies.virginia.gov.
This position is currently open until filled. This position opened on Monday, June 8, 2026, and will remain open for a minimum of five consecutive business days.
State employees who have been affected by Policy 1.3 Layoff and possess a valid Interagency Placement Screening Form (Yellow Card) or a Preferential Hiring Form (Blue Card) must submit the card BEFORE the closing of this position. The card may be scanned and attached to the application or faxed to (804) 371-7401. Please include your name and the position number of the fax cover sheet.
All applicants are subject to a background investigation. The investigation may include: fingerprint checks (State Police, FBI); local agency checks; employment verification; verification of education (relevant to employment); credit checks; and other checks requested by the hiring authority.
Reasonable accommodations are available to individuals with disabilities during the application and/or interview processes per the Americans with Disabilities Act. Please call 804-225-2131 for assistance. AMERICORPS, PEACE CORPS, AND OTHER NATIONAL SERVICE ALUMNI ARE ENCOURAGED TO APPLY.
Equal Opportunity Employer
Contact Information
Name: Kimberly Crutchfield
Phone: 804-292-6542
Email: kimberly.crutchfield@dhrm.virginia.gov
In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.
Note Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.
The Commonwealth of Virginia is located in the South Atlantic region of the United States. It was the 10th state to be admitted to the Union on June 25, 1788. Home to approximately 8 million residents, Virginia is the 12th most populous state in the United States. The capital is Richmond, and its most populous city is Virginia Beach.
The narrative history of the Commonwealth of Virginia often begins with the founding of Jamestown in 1607, near what is now modern day Williamsburg, Virginia. Jamestown became the first permanent English settlement in the New World, and the Virginia General Assembly, established on July 30, 1619, is now recognized as the oldest legislative body in the western hemisphere. When Virginia became a royal colony in 1624, the robust tobacco trade that had been developing in Virginia helped establish the American colonies as a powerful economic force. During the American Revolution, Virginia witnessed the final surrender of British forces at Yorktown and later became known as the birthplace of many revolution-era figures and future American presidents, including George Washington and Thomas Jefferson. To date, 8 United States presidents have been born in Virginia, more than in any other state.
The modern government of Virginia is nearly identical in structure to the federal government, and is divided into 3 branches, these being the executive, legislative, and judiciary branches. The Virginia General Assembly is comprised of the 100-member House of Delegates and the 40-member Senate. A governor and lieutenant governor are elected every 4 years. Governors cannot be elected to or serve consecutive terms. Virginia’s judicial system consists of the Supreme Court of Virginia and the Court of Appeals of Virginia, the Circuit Courts, and the lower General District Courts and the Juvenile and Domestic Relations District Courts. Virginia has 13 electoral votes in presidential elections, and possesses 11 seats in the U.S. House of Representatives.
