Job Opening: Vice President Lending
Members Exchange is looking for a qualified candidate to join our team as Vice President of Lending. Please review the job duties and specifications below and if interested fill out the form and submit a resume at the bottom of this page.
Job Title: Vice President Lending
Directs and coordinates all lending activities within the Credit Union, ensuring compliance with Credit Union lending policies and regulations. Plans, directs, and coordinates the development of lending policies, procedures, goals, and objectives. Directs lending activity to meet Credit Union goals and objectives.
Duties and Responsibilities:
|1.||Directs and monitors lending operations for the Credit Union through subordinate managers/supervisors. Establishes annual sales goals related to lending programs. Monitors progress and ensures Credit Union lending goals and objectives are achieved.|
|2.||Directs and oversees the preparation of periodic financial, lending, and operations reports for management. Ensures accuracy and completeness of information. Analyzes loan data reports for corrective actions.|
|3.||Develops, proposes, gains acceptance for, and implements lending program policy and strategy. Leads activity related to new product development as it relates to lending programs. Ensures the Credit Union is in compliance with all lending policies and regulations. Makes changes as necessary.|
|4.||Monitors competitor rates and fees and stays up-to-date on developments and issues affecting Credit Union lending products and services. Maintains extensive knowledge of consumer, commercial, real estate, and mortgage lending practices.|
|5.||Reviews approved and denied loans ensuring lending decisions are uniform and follow established Credit Union policy and procedures and no opportunities to assist members are overlooked. Distributes and monitors loan leads to make sure they are contacted promptly. File and process member Gap and Credit Life/Disability claims.|
|6.||Performs performance appraisals, establishes goals and action plans, and sets up performance improvement plans and disciplinary actions. Makes hiring, firing, and promotion decisions. Creates opportunities for employee development.|
|7.||Establishes and maintains good working relationships with Credit Union staff, management, and outside business contacts.|
|8.||Performs other job-related duties as assigned.|
Note: The list of duties and responsibilities is not exhaustive; it may be supplemented as necessary from time to time.
|1.||Coordinate and execute effective lending programs and promotions that support Credit Union goals and objectives and fulfill member needs. Improve the Credit Union’s competitive position.|
|2.||Ensure all lending activity adheres to established policies, procedures, and governmental regulations. Maintain high level of knowledge related to all lending areas.|
|3.||Meet or exceed specific goals and objectives established for all lending areas. Establish and provide support for loan officers to goals and objectives.|
|4.||Provide direction and recommendations to management, based on current data, regarding the Credit Union’s financial position and direction. Keep management informed of key operational issues affecting the Credit Union.|
|5.||Maintain positive business relationships with all business contacts. Maintain good communication with subordinates and other Credit Union personnel.|
|6.||Meet or exceed budget goals.|
|7.||Maintain a well-trained, efficient, and effective lending staff. Provide necessary leadership, support, and training opportunities.|
|8.||Complete employee performance appraisals and handle performance issues in an appropriate and timely manner.|
Knowledge and Skills:
|Experience:||Five to ten years of similar or related experience.|
|Education:||A college degree.|
|Interpersonal Skills:||The ability to motivate or influence others is a material part of the job, requiring a significant level of diplomacy and trust. Obtaining cooperation (internally and/or externally) is an important part of the job.|
|Other Skills:||Thorough knowledge of banking practices, policies, procedures, operations, products, services, and regulations. May also include specialized knowledge in lending or investing. Specific knowledge of the philosophy and structure of the Credit Union industry. Thorough knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources. It considers the relative costs and benefits of potential actions and chooses the most appropriate one.|
The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Members Exchange is an Equal Opportunity Employer.