Vice President of Lending

Fire Police City County FCU•Fort Wayne, IN

About The Position

JOB SUMMARY Participate in strategic planning and the development of credit union policies, procedures, and goals. Responsible for the credit union’s administrative management of loan functions. Develop and implement consistent organizational policies and procedures that comply with external regulations. Assist and lead commercial loan, consumer loan, and residential mortgage departments. Ensure maximum profitability of lending activities that are also in the best interest of the member. ESSENTIAL FUNCTIONS · Participate in the credit union’s long- and short-term strategic planning. · Set the loan department’s strategic plans to align with the credit union’s business plan. Establish and ensure the implementation of target goals for the department. · Communicate credit union goals and direction with all employees to ensure clear understanding of rules, regulations, requirements, and expectations. · Create the budget for department and track on an ongoing basis for adherence. · Develop, implement, and monitor policies and procedures in accordance with credit union goals and strategies. Work with other departments to maintain consistency in credit union policies and procedures. · Oversee and monitor the loan function to achieve its strategic goals. Direct the work of loan managers and supervisors in all lending areas to include underwriting, loan processing, loan documentation, and approval or denial of loans for consumer, mortgage, or business loans. · Oversee the development and monitoring of performance standards. Provide mentoring, coaching, or training to assist and develop managers and staff. · Research and evaluate the feasibility of new lending products. Develop and implement plans for expansion of lending programs. Keep abreast of changes in the industry and changing trends in lending and react to changes in a way that maintains competitiveness. · Work with loan managers and members on complex issues to prevent loss to the credit union and assist the membership. · Provide input and recommendations for lending interest rates. · Attend board-related meetings as requested by the CEO. Conduct presentations to management and board as necessary. Other duties as assigned by executive management

Requirements

In-depth understanding of lending regulations, policies, and compliance requirements (NCUA, CFPB, Fair Lending, Reg B, etc.)
Strong analytical and strategic planning skills, with the ability to interpret financial statements, analyze loan performance metrics, and drive profitability
Demonstrated ability to lead and motivate lending teams, develop staff, and foster a high-performance culture
Experience in developing and implementing lending programs, underwriting policies, and credit risk management strategies
Exceptional communication and relationship building skills with members, staff, and external partners
Proficiency in loan origination systems, core processing platforms, and data analytics tools
Bachelor’s degree in business administration, Finance, Accounting, or related field preferred
Minimum 7-10 years of experience in consumer, mortgage, and/or commercial lending, with at least 5 years in a leadership or management role within a financial institution or credit union
Proven experience in business development and marketing roles within the financial industry
Strong leadership, communication, and interpersonal skills.

Responsibilities

Participate in the credit union’s long- and short-term strategic planning.
Set the loan department’s strategic plans to align with the credit union’s business plan.
Establish and ensure the implementation of target goals for the department.
Communicate credit union goals and direction with all employees to ensure clear understanding of rules, regulations, requirements, and expectations.
Create the budget for department and track on an ongoing basis for adherence.
Develop, implement, and monitor policies and procedures in accordance with credit union goals and strategies.
Work with other departments to maintain consistency in credit union policies and procedures.
Oversee and monitor the loan function to achieve its strategic goals.
Direct the work of loan managers and supervisors in all lending areas to include underwriting, loan processing, loan documentation, and approval or denial of loans for consumer, mortgage, or business loans.
Oversee the development and monitoring of performance standards.
Provide mentoring, coaching, or training to assist and develop managers and staff.
Research and evaluate the feasibility of new lending products.
Develop and implement plans for expansion of lending programs.
Keep abreast of changes in the industry and changing trends in lending and react to changes in a way that maintains competitiveness.
Work with loan managers and members on complex issues to prevent loss to the credit union and assist the membership.
Provide input and recommendations for lending interest rates.
Attend board-related meetings as requested by the CEO.
Conduct presentations to management and board as necessary.
Other duties as assigned by executive management