Rick Holland

Executive Vice President - Chief Credit Officer

Professional Overview

Rick Holland is an accomplished financial services executive with over 15 years of experience in credit risk management and banking operations. As the Executive Vice President and Chief Credit Officer at First Citizens Bank, he is responsible for overseeing the bank's credit risk portfolio, ensuring the implementation of robust credit policies, and driving strategic initiatives to enhance the organization's overall credit health.

Experience Summary

Current Role

As the Executive Vice President and Chief Credit Officer at First Citizens Bank, Rick Holland has been instrumental in shaping the bank's credit risk management practices since 2007. In this role, he is responsible for:

Developing and implementing comprehensive credit policies and procedures to mitigate risk across the organization

Overseeing the credit review and approval process for commercial and consumer loan portfolios

Monitoring portfolio performance and identifying potential areas of concern to proactively address emerging risks

Collaborating with cross-functional teams to enhance credit risk analytics and reporting capabilities

Spearheading the implementation of advanced credit risk management tools and technologies

Under Rick's leadership, First Citizens Bank has consistently maintained a strong credit profile, navigating through economic cycles with prudent risk management practices. His contributions have been instrumental in enabling the bank to achieve sustained growth and profitability while upholding its commitment to responsible lending.

Career Progression

Prior to his current role, Rick held various leadership positions within the banking industry, including:

Senior Vice President, Credit Risk Management at Wachovia Bank (2004-2007)

Vice President, Commercial Lending at BB&T (2001-2004)

Credit Analyst at First Union National Bank (1998-2001)

Throughout his career, Rick has demonstrated a proven track record of driving operational excellence, fostering cross-functional collaboration, and implementing effective credit risk strategies to support the long-term success of the financial institutions he has served.

Academic Background

Rick holds a Bachelor of Science in Finance from the University of North Carolina at Chapel Hill, where he graduated with distinction. He also completed the Advanced Management Program at the Harvard Business School, further enhancing his strategic leadership capabilities.

Areas of Expertise

Credit risk management

Commercial and consumer lending

Portfolio monitoring and analytics

Credit policy development and implementation

Regulatory compliance and risk management

Financial analysis and risk modeling

Strategic planning and organizational transformation

Professional Impact

Under Rick's guidance, First Citizens Bank has consistently maintained a robust credit portfolio, with non-performing assets well below industry benchmarks. His innovative approach to credit risk management has enabled the bank to navigate through economic cycles with agility, positioning it for sustained growth and profitability.

Rick's industry expertise and thought leadership have been recognized through his contributions to various industry forums and publications. He has been a frequent speaker at banking conferences, sharing his insights on emerging credit risk trends and best practices.

Conclusion

With his exceptional credit risk management expertise and proven track record of driving organizational success, Rick Holland is a valuable asset to First Citizens Bank. His strategic vision, collaborative leadership, and commitment to responsible lending have positioned the bank as a leader in the financial services industry.