VP, Enterprise Credit Management

Kitsap Credit Union•Bremerton, WA

9h•$184,929 - $222,806•Hybrid

About The Position

Kitsap Credit Union is searching for a Vice President of Enterprise Credit Management. This is a senior credit and risk leadership role responsible for enterprise-wide credit governance, commercial and business underwriting oversight, portfolio management, and second line of defense credit administration across all lending verticals. The role establishes and maintains disciplined credit governance frameworks that support prudent growth, sound underwriting execution, portfolio quality, regulatory compliance, and long-term balance sheet performance. The position provides direct leadership for business and commercial underwriting and portfolio management functions while also independently reviewing consumer and real estate lending activities to ensure alignment with approved credit policy, underwriting standards, risk appetite, and established credit box parameters. The VP of Enterprise Credit Management serves as a key strategic partner to the Chief Credit & Lending Officer and executive leadership team in monitoring portfolio trends, identifying emerging risks, strengthening underwriting governance, and supporting enterprise credit strategy initiatives. This position requires a highly analytical and operationally sophisticated leader with deep expertise in commercial credit, consumer and mortgage risk management, portfolio analytics, credit governance, and regulatory expectations within financial institutions.

Requirements

Enterprise Credit Governance
Portfolio Risk Management
Commercial Credit Expertise
Consumer & Mortgage Credit Oversight
Strategic Thinking
Regulatory Acumen
Executive Leadership
Analytical Decision Making
Process Improvement
Change Management
Collaboration & Influence
Talent Development
Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or related field.
Minimum of 10 years of progressive experience in credit administration, underwriting, portfolio management, or enterprise credit risk management within a financial institution.
Minimum of 5 years of leadership experience managing underwriting, credit administration, or portfolio risk functions.
Strong expertise in commercial underwriting, consumer lending, residential real estate lending, and enterprise credit governance.
Deep understanding of financial institution regulatory expectations, safety and soundness standards, and credit risk management principles.
Experience developing and administering lending policies, underwriting frameworks, and governance structures.
Strong analytical, strategic planning, and executive communication skills.

Nice To Haves

Credit union or regional banking experience preferred.
Master’s degree and/or formal commercial credit training preferred.
Experience with portfolio analytics, stress testing, concentration management, and CECL methodologies.
Experience overseeing or governing automated underwriting systems and AI-enabled credit decisioning tools.
Familiarity with loan participations, secondary market activities, and balance sheet optimization strategies.

Responsibilities

Lead and oversee the enterprise credit management framework across business, commercial, consumer, and real estate lending.
Establish and maintain disciplined credit governance practices that support safe and sound lending growth.
Serve as a strategic advisor to the Chief Credit & Lending Officer regarding portfolio performance, underwriting trends, concentration risk, emerging credit issues, and policy recommendations.
Drive consistency in credit administration standards, policy adherence, exception management, and risk governance practices across all lending functions.
Provide direct leadership and oversight for business banking and commercial underwriting functions.
Ensure timely, accurate, and well-structured credit analysis and recommendations for commercial and business lending relationships.
Oversee underwriting quality, credit structuring, covenant monitoring, concentration management, and risk grading practices.
Maintain governance around approval authorities, policy exceptions, and credit decision consistency.
Partner with business development and lending leadership teams to balance growth objectives with prudent credit risk management.
Support ongoing refinement of commercial underwriting standards, credit policy, and risk management frameworks.
Lead enterprise portfolio management activities across all lending portfolios.
Monitor and analyze portfolio trends including delinquency migration, charge-off trends, concentration exposure, vintage performance, policy exceptions, and emerging risks.
Develop and maintain portfolio reporting and analytics for executive leadership, committees, and board reporting.
Recommend proactive risk mitigation strategies based on economic trends, portfolio performance, and market conditions.
Support stress testing, concentration monitoring, and reserve adequacy discussions in partnership with Finance and Accounting teams.
Oversee ongoing portfolio monitoring processes to ensure timely identification and escalation of credit concerns.
Provide independent second line of defense oversight for consumer and real estate lending activities.
Oversee and assess the underwriting work performed within consumer and real estate lending functions to ensure alignment with approved credit policy, underwriting standards, and organizational risk appetite.
Monitor execution of established credit box parameters and delegated authority frameworks within consumer and mortgage lending operations.
Conduct periodic underwriting quality reviews and trend analyses to ensure consistency, compliance, and sound credit decisioning practices.
Identify and escalate emerging risks, policy exceptions, underwriting drift, or operational concerns to executive leadership.
Partner collaboratively with the VP of Consumer Lending and operational leadership to strengthen governance, improve consistency, and enhance portfolio performance while maintaining appropriate independence of oversight responsibilities.
Provide independent reporting and recommendations regarding consumer and mortgage portfolio performance, underwriting trends, and risk observations.
Maintain and oversee enterprise lending policies, underwriting standards, and credit governance frameworks.
Ensure lending activities comply with applicable federal and state regulations, agency guidance, and internal policy standards.
Recommend policy enhancements based on portfolio trends, market conditions, and regulatory developments.
Support governance and oversight of automated underwriting systems, AI-enabled decisioning platforms, and workflow automation initiatives.
Maintain strong documentation, audit readiness, and examination support across enterprise credit functions.
Partner with Compliance, Internal Audit, Risk Management, and external examiners to support regulatory readiness and issue remediation efforts.
Recruit, develop, mentor, and retain high-performing credit professionals.
Foster a culture of accountability, collaboration, disciplined credit execution, and continuous improvement.
Support organizational transformation initiatives focused on credit modernization, portfolio optimization, data-driven decisioning, and operational scalability.
Establish clear performance expectations, development pathways, and succession planning within the credit organization.

Benefits

Free onsite parking
Annual time off and sick time accrued
11 paid holidays
1 Personal Floating Day
Medical, Dental, Vision, Short- and Long-term Disability, Life and AD&D Insurance
Employee Assistance Program
Choose from a PPO medical plan or a High Deductible with a Health Savings Account
3% KCU funded Safe Harbor Contribution to your 401K
KCU will match up to 2% of your 401K contributions
All 401K contributions are 100% vested
Potential annual incentive in all roles within Kitsap Credit Union
Tuition reimbursement
8 hours of paid volunteer time off
Discounts on KCU's products and services
Unlimited ORCA transit access through KCU for less than $45 a year