Director Direct Lending

Teachers Federal Credit Union • Hauppauge, NY

48d

About The Position

The Director Direct Lending directs the consumer loan department and is responsible for executing an independent, risk-based assurance review of assigned areas within consumer credit portfolio, including assessment of credit practices, effectiveness of policy implementation and risk governance. The Director contributes towards the continual review of the credit union's credit policy by conducting reviews of credit processes and products, performing monitoring of credit trends and credit changes in the assigned portfolios.

Requirements

• Bachelor's degree required or a minimum of eight years directly related experience in Consumer credit underwriting required
• Minimum six years progressive credit underwriting experience required
• Minimum three years leader/supervisory experience required
• Proficient in DNA, credit report analysis, originating loans required
• Microsoft Applications including, but not limited to, Excel, Word and Power Point

Responsibilities

• Oversees the research, development, communication, and implementation of consumer lending policies.
• Analyzes lending data to identify risks, trends, and areas for improvement.
• Ensures lending volume and profit goals are met.
• Responsible for the integrity and performance of all Consumer Lending Rules and Decisioning
• Responsible for building and maintaining working relationships with line of business management and key associates within the risk management organization.
• Conduct risk-based reviews covering consumer line(s) of business
• Identify credit process weaknesses in the Consumer Loan department
• Identify emerging trends and issues that will impact the day-to-day operation of the department
• Identify gaps in credit policy and make recommendations on how to close these gaps
• Working with regulators and internal and external auditors to provide assurance that Credit Review processes are sound
• Build and maintain high trust relationships with senior credit risk management, senior lending associates, and regulators
• Manage and monitor the consumer underwriters and admins to ensure the daily workloads are completed in a timely and efficient manner.
• Acting as an approachable advisor to business partners by developing continuous and effective communication channels for all stakeholders
• Partner with the Director, Consumer Loans on all department and enterprise projects that impact the department.
• Manage the Smart Decisioning Platform Business Configuration, Settings and Change Process
• Performs other duties as needed upon request by immediate supervisor

Benefits

• Paid time off for vacation, personal days, and holidays
• Fully funded pension plan
• 401(k) company contribution
• Teachers pays 100% of Dental & Vision premium
• Tuition reimbursement is offered to full-time employees
• Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Industry: Credit Intermediation and Related Activities
• Number of Employees: 501-1,000 employees