VP Commercial Lending

CREATE CREDIT UNION•Las Vegas, NV

1d•$108,164 - $120,182

About The Position

The VP Commercial Lending independently develops commercial lending opportunities through direct calling, referrals, centers of influence, and community involvement. The role sources a substantial portion of its own transactions and is responsible for meeting annual loan production, deposit, fee-income, and relationship-growth goals. It owns commercial credit requests from application through closing, including financial analysis, risk assessment, credit recommendations, approval or presentation to the appropriate approval body, documentation, and closing coordination. The position structures transactions to align repayment sources and risk with the member relationship, market conditions, and company policy. It also manages an assigned commercial loan portfolio, monitors credit quality and emerging risks, and leads collection and workout efforts for assigned relationships. The role must comply with company policies and procedures and applicable laws and regulations, including the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control requirements.

Requirements

Working knowledge of commercial lending laws, regulations, credit policy, documentation standards, and sound risk-management practices.
Ability to independently underwrite complex commercial credits, including cash-flow and global debt-service analysis, collateral evaluation, financial projections, stress testing, risk rating, and preparation of persuasive credit memoranda.
Ability to self-source commercial lending opportunities, build and manage a disciplined prospect pipeline, meet annual production goals, deepen member relationships, and grow a profitable portfolio while maintaining credit quality.
Strong written and verbal communication skills, including the ability to present credit requests clearly to approval authorities and explain structures, decisions, and requirements to members.
Prior commercial lending experience with demonstrated success in business development, underwriting, closing, and portfolio management.
Adaptability in adopting AI-enabled workflows, including effective use of Microsoft Copilot and the ability to develop, test, and responsibly use role-specific AI agents while protecting confidential information and maintaining sound judgment.

Nice To Haves

Bachelor’s degree preferred.

Responsibilities

Develop a pipeline of commercial lending opportunities through direct calling, referrals, centers of influence, and community involvement.
Source transactions and achieve annual loan production, deposit, fee-income, and relationship-growth goals.
Own the credit process from application through closing, including collecting and validating financial information; analyzing financial statements, tax returns, cash flow, collateral, guarantor support, industry conditions, and repayment capacity; assigning risk ratings; identifying and mitigating credit risks; and preparing credit memoranda and recommendations.
Approve loan requests within delegated authority or present them to the appropriate approval body, and coordinate documentation and closing.
Actively manage an assigned commercial loan portfolio, including covenant monitoring, annual reviews, risk-rating updates, borrowing-base or collateral monitoring, documentation follow-up, and collection of current financial information.
Identify deteriorating credits, past dues, policy exceptions, and emerging risks; develop action plans; and escalate concerns promptly.
Troubleshoot and resolve internal and external inquiries.
Approve loans within established limits or refer loans to the loan committee for approval.
Verify loan agreements are complete and accurate according to policy.
Structure transactions, including loan amount, amortization, maturity, pricing, collateral, guarantees, covenants, and reporting requirements, in accordance with repayment sources, risk, member relationships, market conditions, and company policy.
Lead collection and workout efforts for assigned relationships in coordination with credit leadership and other partners to resolve delinquencies, reduce exceptions, and minimize charge-offs.
Comply with company policies and procedures and applicable laws and regulations, including the Bank Secrecy Act, the Patriot Act, and Office of Foreign Assets Control requirements.