Vice President of Lending

Zeal Credit Union•Livonia, MI

57d•Onsite

About The Position

Join Zeal Credit Union as the Vice President of Lending and elevate your career to a new level. This is an onsite role located at our corporate headquarters in Livonia, Michigan and is an exciting opportunity to lead a dynamic lending team that prioritizes member needs and innovative solutions. In a culture that values collaboration and high performance, you will drive strategic initiatives that shape our lending practices while promoting an environment that encourages both enjoyment and creative thinking. As a key player, your empathetic leadership will empower others to navigate challenges effectively, making a tangible impact on our members' financial journeys. You will be given great benefits such as Medical, Dental, Vision, 401(k), Life Insurance, Health Savings Account, Flexible Spending Account, and Paid Time Off. Embrace this chance to be a part of a forward-thinking organization that values character and passion in every endeavor. Seize the opportunity to make a difference within a thriving credit union community. The Vice President of Lending at Zeal Credit Union plays a pivotal role in shaping the organization's lending strategy and ensuring its alignment with our mission and goals. This position oversees Consumer, Mortgage, and Commercial lending functions while leading the lending department staff through effective hiring, training, and performance management. The VP collaborates in strategic planning, developing policies that comply with regulations and enhance member satisfaction. By championing member-centric processes and leveraging technology, you will optimize loan origination and servicing systems. Additionally, you will set target goals, provide mentoring, and monitor loan operations to achieve strategic objectives. Staying informed on industry trends and risks is crucial for adapting lending practices, while also evaluating new lending products for competitiveness. This role entails budget oversight, vendor management, and cross-departmental collaboration to ensure the success of lending initiatives and drive member engagement.

Requirements

7 to 10 years of lending and leadership experience
Bachelor’s Degree in Business Administration or related field
Knowledge of the secondary market and experience with first and second mortgage residential real estate lending and must have proven track record of selling and servicing loans
Working knowledge of regulations affecting lending
Experience in budget management.
Excellent verbal and written communication skills
Ability to organize and analyze financial information and to accurately perform complex financial calculations.
Excellent organizational skills and attention to detail
Strong analytical and problem-solving skills
Thorough and detailed understanding of lending and collection/bankruptcy regulations lien laws and loan documentation
Punctuality and regular onsite attendance

Responsibilities

Oversee Consumer, Mortgage, and Commercial lending functions
Lead the lending department staff through effective hiring, training, and performance management
Collaborate in strategic planning
Develop policies that comply with regulations and enhance member satisfaction
Champion member-centric processes and leveraging technology
Optimize loan origination and servicing systems
Set target goals
Provide mentoring
Monitor loan operations to achieve strategic objectives
Stay informed on industry trends and risks
Evaluate new lending products for competitiveness
Budget oversight
Vendor management
Cross-departmental collaboration