Texas Capital Bancshares, Inc., the parent company of Texas Capital Bank, announced David A. Youngberg Jr. has joined the firm as Managing Director and Chief Credit 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 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,” said Texas Capital Bank Chief Risk Officer Tim Storms. “David will play a key role in the continued growth of our credit organization as we solidify Texas Capital Bank as the premier financial services firm headquartered in Texas.”

As Chief Credit Officer, Youngberg is responsible for directing the strategy for Texas Capital Bank’s credit approval, underwriting and monitoring processes. Youngberg reports directly to Storms.

“It is an honor to join Texas Capital Bank with the unique opportunity to help shape our credit framework as it evolves to better serve our clients across the state and the country,” said Youngberg.

Youngberg earned a Bachelor of Science from the United States Military Academy and a Master of Business Administration 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.