VP of Business and Commercial Lending

Piper Companies is seeking a VP of Business and Commercial Lending to join a leading credit union headquartered in Hauppauge, NY. The VP of Business and Commercial Lending will lead and manage commercial lending activity.
This is position on-site 4 days a week in Hauppauge, NY!

• Establishes and manages lending objectives, targets, strategies, and practices to achieve organizational financial, growth, and service goals
• Seeks out new business opportunities and develops strategies to expand existing business
• Manages the maintenance and servicing of existing commercial loan portfolio.
• Conducts thorough financial analysis of prospective borrowers, including reviewing income statements, cash flow projections, and credit reports to determine creditworthiness.
• Designs customized loan packages based on client needs, including loan amount, interest rates, repayment terms, and collateral requirements
• Evaluates loan applications, assessing risks, and making informed lending decisions within established credit policies
• Monitors existing loan portfolios, reviewing financial updates from borrowers, and taking proactive measures to manage credit risk
• Maintains ongoing communication with clients, addressing concerns, and providing exceptional customer service
• Prepares loan documentation, coordinating with legal counsel, and ensuring compliance with regulatory requirements during the loan closing process
• Adheres to all regulatory requirements and internal risk and operating policies and procedures
• Builds a high-performance lending team with individual coaching and professional development opportunities

• Minimum of 10+ years of lending experience with at least five years of management experience
• Knowledge of lending principles and practices;
  Federal and state lending regulations and requirements, Collections practices, policies and procedures, bankruptcy and automated lending systems
• Proficiency in Microsoft Excel and Word required
• Strong oral/written communication, interpersonal, management, negotiating, analytical, problem-solving and multitasking skills, and detail orientation required
• Bachelor's degree in a related field required.

• Salary Range: $245,000 - $260,000
• Comprehensive Benefits:
  Medical, Dental, Vision, 401K, PTO, Sick Leave if required by law, and Holidays

This job opens for applications on [2.16.26]. Applications for this job will be accepted for at least 30 days from the posting date.