Vice President of Lending

SALARY:
Starting $92,278, depending on experience

The Vice President of Lending provides executive leadership and strategic direction for the Credit Union's lending function. This position is responsible for developing and executing lending strategies that support sustainable loan growth, portfolio quality, member relationship development, profitability, and the Credit Union's overall strategic objectives. The Vice President of Lending provides leadership and oversight of lending operations, lending products, underwriting, credit administration, portfolio management, lending compliance, lending technology, and lending personnel.

The position is accountable for the overall performance and financial contribution of the lending portfolio and works closely with executive management and other departments to ensure lending strategies support the Credit Union's broader business objectives. The Vice President of Lending serves as a key member of the Credit Union's executive leadership team and provides recommendations to the Chief Executive Officer and Board of Directors regarding lending strategy, credit risk, portfolio performance, pricing, product development, growth opportunities, and lending-related investments.

• Develop, implement, and monitor the Credit Union's comprehensive lending strategy in alignment with the strategic plan and overall organizational objectives.
• Serve as the senior executive leader responsible for the Credit Union's lending function and overall lending performance.
• Establish strategic priorities for loan growth, portfolio composition, member relationship development, profitability, credit quality, and risk management.
• Partner with the CEO and executive leadership team in developing and executing organizational strategies that support sustainable growth.
• Identify emerging market opportunities, competitive trends, member needs, and industry developments that may affect lending performance.
• Evaluate and recommend strategic changes to lending products, services, delivery channels, processes, technology, and pricing.
• Serve as a strategic advisor to executive management on lending-related opportunities, challenges, and risks.
• Participate in the development and execution of the Credit Union's annual and long term strategic plans.

• Establish and oversee strategic loan growth objectives consistent with the Credit Union's financial capacity, risk appetite, and strategic plan.
• Develop strategies to increase loan production, member acquisition, member retention, product penetration, and overall member relationship depth.
• Evaluate opportunities to expand lending in existing and emerging markets and member segments.
• Partner with Marketing and other business units to develop strategies that promote lending products and generate qualified loan opportunities.
• Monitor competitive lending rates, products, underwriting practices, and market conditions.
• Develop strategies to maintain the Credit Union's competitive position while balancing loan growth, pricing, risk, and profitability.
• Evaluate new lending products and services based on member needs, market opportunity, operational requirements, risk, and financial impact.
• Maintain executive accountability for the overall performance and quality of the Credit Union's loan portfolio.
• Monitor loan production, balances, yields, delinquency, charge-offs, loan losses, concentrations, and other key lending performance indicators.
• Analyze portfolio trends and develop strategies to address emerging risks or opportunities.
• Evaluate portfolio composition and recommend appropriate lending strategies based on risk, return, liquidity, capital, and…