Director of Lending

LOC Credit Union•Farmington, MI

13d•Onsite

About The Position

LOC Credit Union, a full-service financial institution, is looking for a Director of Lending at our Farmington office. The ideal candidate will serve an important role in overseeing the Lending team helping members with their financial goals through our " Let's Win. Together." principle! Here at LOC, we take pride in our deep roots beginning in 1935. As an accredited finalist and winner of the Best of the Best Detroit Awards by the Detroit Free Press since 2020, we wear the recognition proudly by our continuous devotion to our membership. The ideal candidate can expect to work for a constantly growing credit union. We also incorporate "winning" into our everyday workplace culture. Our team has described LOC as transparent, evolving, friendly, collaborative, and welcoming. This position is primarily responsible for managing the Credit Union's consumer, real estate, and business loan operations in support of the Credit Union's goals and strategic direction, ultimately driving a higher level of member engagement and loan volume. The Director of Lending monitors all areas of lending and ensures that policies, procedures and compliance and training requirements are followed. This position integrates data and analytics to drive solid decision making and recommendations. The Director of Lending is also responsible for coaching, developing and supervising department staff, ensuring proper education, leading to efficiency and automation in the areas of underwriting. Some travel is required for this position, mostly within the field of membership.

Requirements

Bachelor's degree
Seven or more years of increasingly responsible experience in a lending position within a financial institution
Five or more years of leadership experience
In addition to consumer lending experience, strong knowledge of business and real estate lending is required

Responsibilities

Managing the Credit Union's consumer, real estate, and business loan operations
Monitoring all areas of lending and ensures that policies, procedures and compliance and training requirements are followed
Integrating data and analytics to drive solid decision making and recommendations
Coaching, developing and supervising department staff, ensuring proper education, leading to efficiency and automation in the areas of underwriting