VP Mortgage Operations & Capital Markets

We’re Canvas Credit Union

We’re passionate about transforming financial services. Our members, families, and the communities we call home motivate everything we do. As part of the credit union movement, we believe in providing our members with education, support, and guidance to build strong financial futures.

Canvas "It's About More" Video - You Tube ( - or, visit )

At Canvas, we’re dedicated to transforming financial services from the inside out. Our culture is a top priority and second to none. We strive to balance hard work and high achievement with a fun, supportive environment.

• Seriously good benefits
  :
  Beyond healthcare, dental, and life insurance, we make it so worth your while. Canvas employees get up to a 10% company contribution to their 401k, generous personal time off, and employee discounts on loans (that includes cars and houses!). The starting pay range for this position is $165K-200K/annual, and final pay rate will be determined based on experience, education, skills, and internal equity factors.
  
  Canvas benefits include:
  • Medical/Dental/Vision Insurance
  • Flexible time off
  • Paid Holidays
  • Flexible Spending Account
  • Health Savings Account
  • World Class 401(k) Plan
  • Tuition Reimbursement
  • Rate Discounts on Qualifying Loans
  • May be eligible for incentives or discretionary bonus based on results

The Vice President (VP) of Mortgage Operations and Capital Markets at Canvas Credit Union oversees and leads all mortgage operations activities, excluding sales and Mortgage Loan Officers (MLOs), while ensuring compliance with credit union lending policies, state and federal regulatory requirements. This role is responsible for the efficient processing, underwriting, funding, closing, post‑closing and servicing of first mortgage loans. The VP will also direct capital markets functions, including loan trading, secondary market transactions, and portfolio analysis, while leading the Capital Markets and Loan Trading Analyst and related teams.

They will provide strategic leadership by collaborating with the Executive Team and Lending Leadership to establish long‑range goals, strategies, plans, and policies focused on operational excellence, risk management, and capital market optimization.

• Develops, mentors, coaches, and leads high‑performance teams in mortgage operations and capital markets, fostering an environment that encourages employee participation, operational efficiency, and alignment with Canvas Credit Union's goals.
• Oversee the day‑to‑day operational activities and strategy related to the buying and selling of consumer, residential, and commercial loans, including loan participations and whole loan sales.
• Collaborate and align with Finance to facilitate negotiation of terms and pricing for loan pool sales and purchases, formulates recommendations aligned with strategic objectives.
• Partner with other Lines of Business;
  Consumer Commercial & Mortgage, to ensure alignment with regard to origination volume, originating to sell vs. hold and forward flow expectations.
• Maintains contacts for loan participations, sales and/or securitizations and develops new partnerships with brokers, credit unions, CUSOs, and Fin Techs, in collaboration with
• Partner with Chief Lending Officer and SVP of Mortgage Growth to create and execute on Mortgage lending strategy.
• Maintains a dynamic and cooperative relationship with all levels of employees and management as well as the credit union’s affiliates. Develops and maintains smooth operational transitions.
• Partner with SVP of Mortgage Growth to prepare annual mortgage operations business plan including strategic and tactical plans, recommending, and implementing new programs and procedures, automation requirements and enhancements, and the annual budget for the mortgage function.
• Maintains a strong working knowledge of current secondary market guidelines, including Conventional, FHA, VA, CHFA, broker channels, local assistance programs, and USDA Rural Development.
• Responsible for communicating any lending policy changes to staff. Must be able to understand and apply policies to all mortgage lending situations.
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