Scott Stiverson

About Scott Stiverson

Results-driven Credit Risk Executive with over 25 years of proven leadership in optimizing lending portfolios and strategically managing credit risk across diverse bank asset classes. Recognized for cultivating high-performance teams and driving initiatives that achieve organizational excellence.Current Management Responsibilities: Allowance for credit losses (ACL/CECL), Dual Risk Ratings, Credit Policy, Stress Testing, Credit Management committees, Risk appetite, Concentration limit management, internal/external credit based reporting/analytics and credit due diligence lead on acquisitions.Product lines covered: Commercial, Commercial Real Estate, Small Business, Branch & Indirect Mortgage, Branch Home Equity, indirect auto and Credit Cards.Specialties: credit risk management, model building, experience managing complex project, strategic thinking, problem identification and solvingCredit Leadership: Adept at balancing growth with credit quality, ensuring regulatory compliance, and fostering a robust credit culture. Currently overseeing corporate-wide credit risk for a $40 billion bank.Team Leadership: Successfully led the creation of the Credit Risk Management group, developing vision, goals, and structure, and building a high-performing team. Experience in attracting, developing, and retaining top talent.Portfolio Management: Demonstrated expertise in advancing portfolio management capabilities, ensuring favorable asset quality ratios, and strategically shaping lending policies.Committee Leadership: Proven track record of chairing/member of Credit Executive, Stress testing, Allowance for credit Losses, Risk Rating, Operational Risk and Credit Policy Committees, contributing to progressive lending policies and procedures.Regulatory Compliance: Maintained strong regulatory relationships, ensuring favorable examinations and compliance with federal and state regulations. Receiving no credit based MRA’s over the last 5 years and even receiving a strong rating on MIS.Strategic Planning and Execution: Managed division budgets and executed strategic plans, achieving goals within target and budget constraints.

Experience

1. SVP & Director of Credit Risk

   Associated Bank

   May 2011 — Present · Milwaukee, WI, US

   Credit Risk Management: Responsible for corporate-wide credit risk for a $40 billion bank.Key Management responsibilities: Allowance for credit losses (ACL/CECL), Dual Risk Ratings, Credit Policy, Stress Testing, Credit Management committees, Risk appetite, Concentration limit management, internal/external credit based reporting/analytics and credit due diligence lead on acquisitions.Product lines covered: Commercial, Commercial Real Estate, Small Business, Branch & Indirect Mortgage, Branch Home Equity, indirect auto and Credit Cards.Leadership: Established the Credit Risk Management group in 2011, developed vision, goals, structure, and strategy. Created an information technology structure containing 20 years of performance history, a key foundation for overall team success. Upgraded banks single dimension risk rating system to an industry-leading dual risk rating system covering all asset classes. Key member of modernizing commercial underwriting and spreading systems.

Education

• Wisconsin School of Business

  Executive MBA Program

  2001 — 2003

• Ball State University

  BA, Small Business Management and Entrepreneurship

  1990 — 1994

Skills

• Mergers & Acquisitions
• Credit Risk
• Stress Testing
• Mortgage Lending
• Banking
• Risk Management
• Credit Cards
• Financial Risk
• Management
• Business Development
• Loan Origination
• Due Diligence
• Change Management
• Team Leadership
• Forecasting
• Credit Analysis
• Credit
• Portfolio Management
• Mergers
• Loans
• Finance
• Strategic Thinking
• Financial Analysis