Vice President Lending

Abri Credit Union•Romeoville, IL

1d•$125,000 - $135,000•Onsite

About The Position

As our Vice President Lending, you will serve as the primary credit risk officer, evaluating complex credit applications and issuing definitive lending decisions within established policy risk tolerances. You will maintain exhaustive knowledge of regulatory lending mandates and implement internal controls to align practices with consumer protection and lending laws. This role oversees operational workflows for consumer and real estate lending lines to maximize efficiency and accuracy from application through funding. You will prepare and present accurate, data-driven reports for the Asset-Liability Committee (ALCO) and the Board of Directors, and serve as the primary liaison for internal/external audits and state/federal regulatory examinations, ensuring timely compilation of required documentation. You will drive the department to meet or exceed asset growth, loan volume, and outstanding balance metrics established by the executive leadership team. Additionally, you will direct daily delinquency management and collections operations to protect credit union assets and minimize loan losses. You will conduct monthly portfolio reviews to determine and approve final loan charge-offs, ensuring accurate accounting and recovery of collateral sales. You will collaborate with the Loan Servicing Manager to structure complex loan workouts, short sales, and the management of Owned Real Estate Open (OREO) properties. This role supervises business and consumer loan servicing, including payment processing, documentation compliance, and mandatory annual commercial reviews. You will oversee the optimization and maintenance of core lending systems, ensuring post-closing exception tracking is resolved efficiently. You will continually monitor evolving HMDA, consumer lending, and collection laws to update operational manuals and policy documentation dynamically. You will collaborate with peer business lines to cultivate cross-selling opportunities and deepen member relationships, and establish and scale strategic B2B partnerships with mortgage companies, home equity lenders, realtors, and institutional partners. You will evaluate the feasibility and market potential of launching a fee-based mortgage processing service model. Finally, you will set strategic goals, deliver regular performance evaluations, and foster a collaborative, high-performance team culture, implementing robust cross-training programs and job rotation frameworks to ensure operational continuity and internal talent pipelines.

Requirements

Bachelor's degree in business administration, finance, or a related field (or equivalent executive-level experience).
5 to 10 years of progressive leadership experience within a full-service financial institution or mortgage banking company.
Familiar with secondary market guidelines (Fannie Mae/Freddie Mac), HMDA, Fair Debt Collection Practices Act (FDCPA), and federal/state lending regulations.
Proven track record of strategic leadership, talent development, and high-integrity decision-making.
Proficiency in advanced loan origination systems (LOS), core banking platforms, and Microsoft Office Suite.

Nice To Haves

Advanced understanding of loan restructuring, workouts, foreclosures, and short sales is highly desirable.

Responsibilities

Serve as the primary credit risk officer, evaluating complex credit applications and issuing definitive lending decisions within established policy risk tolerances.
Maintain exhaustive knowledge of regulatory lending mandates; implement internal controls to align practices with consumer protection and lending laws.
Oversee operational workflows for consumer and real estate lending lines to maximize efficiency and accuracy from application through funding.
Prepare and present accurate, data-driven reports for the Asset-Liability Committee (ALCO) and the Board of Directors.
Serve as the primary liaison for internal/external audits and state/federal regulatory examinations, ensuring timely compilation of required documentation.
Drive the department to meet or exceed asset growth, loan volume, and outstanding balance metrics established by the executive leadership team.
Direct daily delinquency management and collections operations to protect credit union assets and minimize loan losses.
Conduct monthly portfolio reviews to determine and approve final loan charge-offs, ensuring accurate accounting and recovery of collateral sales.
Collaborate with the Loan Servicing Manager to structure complex loan workouts, short sales, and the management of Owned Real Estate Open (OREO) properties.
Supervise business and consumer loan servicing, including payment processing, documentation compliance, and mandatory annual commercial reviews.
Oversee the optimization and maintenance of core lending systems, ensuring post-closing exception tracking is resolved efficiently.
Continually monitor evolving HMDA, consumer lending, and collection laws to update operational manuals and policy documentation dynamically.
Collaborate with peer business lines to cultivate cross-selling opportunities and deepen member relationships.
Establish and scale strategic B2B partnerships with mortgage companies, home equity lenders, realtors, and institutional partners.
Evaluate the feasibility and market potential of launching a fee-based mortgage processing service model.
Set strategic goals, deliver regular performance evaluations, and foster a collaborative, high-performance team culture.
Implement robust cross-training programs and job rotation frameworks to ensure operational continuity and internal talent pipelines.