Vice President of Lending

Reporting to the President/CEO, the Vice President of Lending is responsible for all lending related activities including, but not limited to, budget planning and preparation, risk management, asset liability management, strategic planning, loan origination, loan servicing and overall portfolio management. Assigns, directs and appraises staff in the business lending, mortgage lending, consumer lending and member insurance sector along with their respective functions and governing policies, as well as for loan promotion, pricing, production, underwriting, compliance, delinquency, recovery, and overall portfolio performance.

Ensures that lending operations are in accordance with established policies, procedures and legal requirements. Analyzes and evaluates the effectiveness of lending services.

• Assumes responsibility for the development and implementation of effective lending planning.
• Assists CEO with long and short-term planning for the Mortgage, Business and Consumer Lending departments.
• Participates in developing lending policies and procedures and ensures that they complement organizational goals.
• Executes established operational goals and coordinates their implementation with other departments and with your team members.
• Lead, evaluate, implement, launch, monitor and improve various loan origination systems, vendor changes or product launches
• Review credit union vendor due diligence packages to ensure risk is properly managed with third-party service providers.
• Supports efforts related to portfolio management and pursues loan growth initiatives
• Oversees the completion of a variety of departmental based budgets from both a revenue and expenditure perspective
• Ensures the effective performance of lending related services.
• Ensures that lending activities are conducted in accordance with established policy guidelines and standards, and are properly documented.
• Conducts periodic reviews of existing policies to ensure effectiveness. Ensures that policies are updated and are in accordance with evolving regulations, legal requirements, and industry trends.
• Ensures the maintenance of statistics relative to loans issued, report data, delinquency follow-up, etc.
• Ensures that insurance functions support member needs and are well coordinated with lending operations.
• Ensures that mortgage and business loans, accounts and property management are managed effectively to meet the needs of borrowers and the Credit Union.
• Monitors and evaluates work quality, efficiency, and productivity. Ensures that optimal efficiency is maintained in lending related activities.
• Assumes responsibility for the effective administration of lending functions.
• Ensures the availability of adequate services and materials to support lending activities. Manages and oversees expenses. Pursues cost‑saving measures.
• Keeps Service Team informed of loan activities, progress toward established objectives and of any significant problems.
• Ensures required reports and related documents are completed promptly and accurately, and in compliance with Credit Union guidelines and policies. Ensures the maintenance of department records.
• Interact and support Federal and State examiners across annual examinations
• Participates as a member of the Business and Mortgage Loan Committee’s
• Ensures that completed work is of the highest quality. Leads initiatives towards improved service delivery and management of the various aspects of the Credit Union’s loan portfolio segments.
• Effectively supervises personnel, ensuring optimal performance.
• Provides leadership to assigned personnel through effective objective setting, delegation and communication. Conducts staff meetings as required. Assigns, directs and coordinates work.
• Ensures that personnel are well trained, effective and optimally used. Instructs personnel regarding policy, procedure and program changes and ensures that they are well informed regarding related legal and regulatory developments.
• Conducts performance appraisals as required. Formulates and implements corrective actions as needed.
• Ensures that staffing levels are appropriate and human resources are effectively utilized.…