Chief Lending Officer

Revity Credit Union • O'Fallon, IL

89d

About The Position

Revity Credit Union is embarking on a revitalization strategy to double its asset size and expand into new markets to make greater member impact. To accomplish this, we’re looking for visionary leadership that can create a future-ready lending apparatus. We’re seeking our next Chief Lending Officer (CLO) who is dynamic, tech-savvy, and data driven. This individual will be able to reimagine what lending will be like and take the necessary steps to position Revity for that evolution. The CLO will oversee and lead enterprise-wide lending strategy to include consumer (direct and indirect), mortgage, and commercial. You will oversee the evaluation of credit in buy / sell participation opportunities and make recommendations accordingly. A hands-on approach to successfully lead a digital lending transformation, modernizing workflows to create efficiencies, and introducing intelligent automation to improve speed, service, and effectiveness. You will work well cross-functionally with executive leadership to ensure the lending function drives growth and deepens member value. You will lead the development and implementation of loan policies, loan products, set loan pricing, and implement appropriate risk analytics to drive underwriting – all to manage, evaluate, and diversify growth in the loan portfolio. You will ensure loan servicing activities align with the Credit Union’s risk profile, growth goals, and meet all regulatory requirements, including those of the IDFPR and NCUA. You will possess strong interpersonal skills, excellent communication and presentation ability, and emotional maturity to work cross-functionally for the betterment of the organization.

Requirements

• Ten years of similar or related experience.
• Bachelor’s degree in business, Finance, Accounting, or similar field.
• Ability to motivate or influence others.
• Excellent analytical skills, people skills, and self-direction.
• Proficiency with PC accounting, spreadsheet, and word processing software.
• Background in financial data processing systems preferred.

Responsibilities

• Oversee the lending functions of the Credit Union to ensure the safe extension of credit across consumer, mortgage, and commercial operations.
• Monitors market and economic factors affecting lending performance. Evaluates data and makes / implements recommendations to react to changing market and economic conditions.
• Prepares financial reports; ensures complete/accurate lending and promotional reporting for the Credit Union.
• Helps in creation and implementation of lending operations budget. Keep CFO, President and Board of Directors apprised of budgetary fluctuations that might affect the financial position of the Credit Union.
• Actively participates in Credit Union strategic planning events. Assist in creation of strategic goals and the subsequent implementation of finalized strategic plan.
• Assist in evaluation and decision to purchase loan participation pools. Identify new opportunities / uses of liquidity when organic lending is slow or excess liquidity exists.
• Provides input into periodic promotional activities to ensure timely marketing efforts for maximum effect and benefit.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: Bachelor's degree