VP Commercial Lending 3

CoVantage Credit Union•New Lenox, IL

5d•$127,436 - $191,155

About The Position

Covantage Credit Union is seeking an experienced commercial lending leader who is passionate about people, relationships, and community impact. In this role, you’ll work closely with the Senior Vice President of Commercial Lending to lead and develop a high‑performing team, ensure exceptional service for business members, and grow a strong, high‑quality commercial loan portfolio. You’ll combine strategic leadership with hands‑on lending expertise—coaching employees, strengthening community and business relationships, and making sound credit decisions that support our members’ success and Covantage’s mission. This is an opportunity for a collaborative, member‑focused leader who thrives in a people‑first culture and wants to make a meaningful difference. We invest in our employees! As a CoVantage team member, you'll receive a 401(k) employer match of up to 200%, a generous employer HSA contribution, paid time off for community service, incentive bonuses based on production and more! The salary range for this position is $127,436.00 to $191,155.00 USD. Pay will be determined in accordance with CoVantage Credit Union standard practices, reflecting the successful candidate’s skills and experience.

Requirements

Bachelor’s degree in business, agriculture, or a related field (or equivalent experience).
Minimum of 5 years of business lending experience.
Proven ability to analyze financial statements and achieve sales results.
Proficiency in Microsoft Office and lending software.
Excellent verbal and written communication skills.
Must be bondable and possess a valid driver’s license (travel required).

Responsibilities

Engages direct reports in setting impactful and meaningful objectives that align with the mission and service culture, ensuring they understand their roles and priorities.
Supports operational excellence through continuous improvement, and ensures clarity in how objectives and tasks are prioritized within the team and business unit.
Ensures all direct areas of responsibility are well-managed and effective in achieving organizational goals and objectives including providing exceptional service.
Ensures all loans are underwritten, approved or denied, and closed according to credit union policies.
Assists Credit Analysts in preparing credit presentations.
Responsible for achieving individual loan portfolio growth goals assigned by Senior Vice President Chief Commercial Lending Officer and coaches direct reports to assure department loan portfolio growth goals are achieved.
Exhibits the credit union’s seven service standards promoting a culture of welcoming all and putting people first whether they are a member or a coworker.