Director, Commercial Lending Operations

First Entertainment Credit Union is seeking a strategic, results-driven Director, Commercial Lending Operations to lead commercial lending operations, including originations, underwriting, processing, funding, portfolio management, and portfolio review. This role is responsible for profitable growth, sound credit quality, efficient operations, and continued development of CRE, C&I, and related business lending solutions.

The Director, Commercial Lending Operations develops and implements lending strategies to achieve business growth and profitability targets. The role also partners with the CLO to oversee commercial credit policies, portfolio risk management, credit administration standards, and post-closing portfolio oversight. Provide portfolio analytics, emerging risk assessments, and lending recommendations to management, committees, and governance bodies.

This is a full-time, hybrid opportunity reporting to the Chief Lending Officer and is based in Hollywood, CA. The targeted pay for California is between $130,000 and $170,000.

• Execute and monitor the strategic and operational activities of the commercial lending department as well as identifying new business opportunities and market segments.
• Lead and manage the commercial lending team, providing mentorship and support.
• Oversee underwriting, structuring, approval, and administration of commercial credit relationships, ensuring sound credit decisions, appropriate risk identification, risk mitigation, loan structure, covenants, risk ratings, and compliance with policy, laws, and regulations.
• Serve as the senior credit expert for complex CRE transactions, including investor-owned and owner-occupied, income-producing, mixed-use, multifamily, industrial, office, and retail properties. Provide supervisory analysis and approval of credit relationships, evaluating cash flow, borrower and guarantor strength, collateral value, market conditions, DSCR, LTV, global cash flow, concentration risk, and covenant structure.
• Lead and enhance C&I and SBA lending capabilities, including business lines of credit, term loans, equipment financing, borrower cash flow analysis, collateral monitoring, and servicing expectations.
• Represent Commercial Lending with regulators, examiners, auditors, and other oversight bodies, including NCUA, DBO, and SBA, ensuring compliance with applicable laws, regulations, policies, audits, examinations, and commercial lending requirements.
• Partner with Sales to ensure loan product acquisition and retention through the sales channel is properly coordinated. Utilize available resources to ensure a smooth workflow between commercial lending and business services.
• Proactively research and develop Commercial products, services, and innovative concepts to introduce into the Credit Union portfolio to maintain a competitive position in Commercial loan and related services.
• Review, approve and present credit presentations to Senior and Executive leadership completed by your team. Provide coaching, editing and feedback, where necessary.
• Stay updated on market trends and regulatory changes affecting commercial lending and effectively communicate these trends.
• Co-manage the budgets, policies, procedures, pricing, underwriting standards, funding practices, reporting, and back-office administration for CRE, C&I, SBA, loan participations, and related commercial products.
• Collaborate with internal functions, such as underwriting, risk management, and compliance, to streamline processes, resolve issues, and ensure timely loan closings.
• Perform other responsibilities as assigned.

At First Entertainment, your role and every role are essential to our Mission [We build lifelong financial relationships with the people in entertainment based on a deep understanding of how they live and work], Core Values [ Members First + Ownership + Integrity + Innovation + Inclusivity + One Team], and we expect you to uphold them.

• A bachelor's degree from an accredited college is highly preferred.
• Minimum of 10 years’ experience in commercial lending in a full-service financial institution or comparable experience in a related position.
• At least 5 years…