Derrick Cornelious

Derrick Cornelious is the Chief Credit Officer at Piermont Bank, where he leads the Bank’s credit risk, underwriting standards and portfolio management. In this role, Derrick is responsible for ensuring disciplined credit decision-making that supports sustainable growth while maintaining strong asset quality and regulatory alignment.

Derrick brings significant industry experience to his role, including leadership in commercial underwriting and credit risk at market-driven financial institutions. Prior to joining Piermont Bank, Derrick served as Head of Commercial Underwriting at Grasshopper Bank, where he oversaw credit and underwriting governance and portfolio management for a growing commercial loan platform. Throughout his career, Derrick held senior leadership positions at major banking institutions including Senior Credit Officer at First Republic Bank and Head of Structured Lending at BNY Mellon.

Derrick holds a B.A. in Communications from the State University of New York at Cortland.