Senior Vice President Chief Commercial Officer

LMCU • Grand Rapids, MI

12d • Onsite

About The Position

The role of the Senior Vice President, Chief Commercial Officer has overall responsibility for the Credit Union's commercial lending portfolio inclusive of commercial loans enhanced through the U.S. Small Business Administration. Oversee commercial lending policy, procedure and reporting activity in all commercial lending markets. Participates in the development and recommendations of the Credit Union's commercial lending objectives and practices. Is a seated and voting member of all officer loan committees. Continually evaluates loan portfolios and analyzes any developing trends.

Requirements

• Bachelor's degree in Business, Finance, or related field; MBA or advanced degree preferred.
• 15+ years of experience in commercial lending, with proven success in portfolio management and business development; prior supervisory experience is preferred.
• Thorough knowledge of commercial lending policy, depository services, credit union operations, and organizational mission and culture.
• Expert-level communication and interpersonal skills with proven ability to influence stakeholders, resolve complex issues, and build trust across all organizational levels.
• Strong financial analysis capabilities with solid understanding of financial statements, accounting principles, and ability to present complex technical concepts clearly.
• Highly organized and detail-oriented with strong relationship-building skills across business units and leadership teams.

Nice To Haves

• Active involvement in community and industry organizations preferred.

Responsibilities

• Strategic Leadership Provide leadership and direction to all commercial-related teams and activities.
• Develop, manage and grow commercial loan portfolios across all markets.
• Monitor and communicate regulatory changes, market trends and changes in lending policy and strategy.
• Business Performance & Growth Approve larger loan transactions and provide guidance on loan structure and pricing to ensure credit union's quality, profit and asset/liability goals are met.
• Work with commercial lending market leadership to competitively price loans while helping minimize Credit Union's exposure to interest rate risk.
• Participate and approve market commercial lending plans and budgets.
• Relationship & Client Management Maintain active involvement with the Credit Union's largest and most critical credit relationships and decisions.
• Work closely with Senior Retail, Wealth Management and Treasury Management leaders to establish and maintain a cross-functional sales approach.
• Industry Leadership & Advocacy Actively represent LMCU in national and regional industry forums, working groups, and associations (e.g., Mortgage Bankers Association, SBA programs, credit union networks).
• Stay ahead of emerging trends, competitive shifts, and regulatory changes impacting lending.
• Advocate for policies and practices that benefit members, communities, and the credit union movement.
• Community Involvement Represent Credit Union in community activities, events and organizations.
• Risk & Compliance Work with commercial lending leadership to ensure appropriate quality levels are maintained in the various commercial lending portfolios and problem credits are resolved in a timely manner to minimize potential loss.

Benefits

• All Employees: weekly pay and retirement savings options.
• Full Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Number of Employees: 1,001-5,000 employees