On April 11, Dallas-based Texas Capital Bank announced that David A. Youngberg Jr. has joined the firm as managing director and chief credit officer. He is responsible for directing the strategy for Texas Capital Bank’s credit approval, underwriting and monitoring processes. Youngberg reports directly to Tim Storms, chief risk officer.

Youngberg brings more than two decades of credit risk and enterprise risk management experience to Texas Capital Bank. Most recently, he served as managing director and head of Goldman Sachs’ risk division office in Dallas. Youngberg previously served in Goldman Sachs’ credit risk management and advisory group as a senior credit officer and commodities credit risk manager in New York. Over the course of his career, he has covered numerous industries, as well as a variety of products across the credit risk management spectrum.

“David is a proven, solutions-focused leader and his expertise and broad range of experience make him an excellent addition to our team as we progress in building a best-in-class risk discipline,” Storms says.

Prior to his banking career, Youngberg was an active-duty engineer officer in the U.S. Army. He earned a BS degree from the U.S. Military Academy and an MBA degree from the University of Pennsylvania. He is a retired colonel in the U.S. Army Reserve and a veteran of Operation Desert Storm and Operation Iraqi Freedom.

Established in 1998, Texas Capital Bank has offices in Dallas, Austin, Houston, San Antonio and Fort Worth.