VP - Consumer Lending
About The Position
A successful candidate in this role will be innovative, engaging, and a strong leader. The VP of Consumer Lending is responsible for leading Consumer Lending processes and workflows while working with credit union technology teams to design and implement process automation to achieve loan portfolio growth. The executive will ensure yields are sufficient to compensate for risk of default and for continued investment in technology and staff within the lending division. The executive will lead strategic development within the department, ensuring the department is functioning within regulatory standards and making sound lending decisions while continuing to meet the needs of a diverse population of members, enhance product visibility, and ensure consumer loan credit quality.
Requirements
- Minimum 7 years of experience in consumer lending with minimum 5 years of management experience
- Excellent verbal and written communication skills; ability to call, connect, and interact with existing and potential business partners.
- Thorough knowledge of consumer lending marketplace with ability to develop dynamic lending strategies
- Coach and develop staff to increase product knowledge and management, improving effectiveness of individual and department performance
- Mentor and provide staff with the resources needed to attain results and goals
- Demonstrate a strong ability to identify, analyze and solve problems
- Demonstrate ability to recognize management problems and develop solutions
- Exemplify credit union philosophy of people helping people
Responsibilities
- Develop, enhance, and automate processes to improve effectiveness in the consumer lending area including identifying any weaknesses and offering solutions to solve any problems.
- Successfully integrate loan objectives, opportunities, and resources to meet loan growth goals.
- Collaborate with colleagues across organization to accomplish credit union’s goals.
- Responsible for overall credit administration and consistent review of credit underwriting opportunities to leverage automation.
- Lead the credit union strategy to acquire, develop, and maintain productive lending relationships.
- Consumer loan acquisitions (direct, indirect, credit card, and all potential other sources).
- Develop member acquisition strategies through all channels.
- Work extensively to develop strategic concept, critical thinking, and mentoring.
- Provide successful leadership and strategic direction of consumer lending.
- Ensure productivity standards are met including high level quality service internally and externally.
Benefits
- Competitive salary and benefits package
- Opportunities for professional development and career growth
- Hybrid Schedule (min 3 days in office to maximize collaboration)
- A collaborative and inclusive work environment
- Paid Time Off, Wellness Time & Paid Federal holidays
- 401K with 6% match
- High Performance Culture
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What This Job Offers
Job Type
Full-time
Career Level
Executive
Education Level
No Education Listed
Number of Employees
251-500 employees
