[2] Prior to his public service career, Hood worked for Bank of America as a Community Reinvestment Act officer.

He later held positions at North Carolina Mutual Life Insurance Company as marketing director and group sales manager.

[2][4] Hood was nominated to the board of the National Credit Union Administration (NCUA) on January 19, 2019, by President Donald Trump.

He served as chairman until January 20, 2021, when President Joe Biden appointed fellow member Todd Harper to the position.

[2] On February 7, 2025, Hood was made the acting Comptroller of the Currency by appointment of Scott Bessent, the Secretary of the Treasury, in place of Michael J.