SVP Chief Lending Officer

Reports To: CEO

Classification: Executive

Role:

Reporting to the Chief Executive Officer, this senior management position is responsible for leading & developing strategy for the lending functions of the credit union to include the Business Services, Loan Central, Underwriting, Mortgage and Credit Resolution teams. As an integral part of the senior management team, this position is responsible for strategic decisions concerning lending, underwriting, loan product development, internal controls, process efficiency, and compliance with regulation and credit union lending policy.

This position will also participate with other senior management officials in staff structuring, internal controls, process efficiency, and compliance with regulatory standards, development of credit union policy, administration of legislative and regulatory issues related to the credit union and credit union industry.

Essential Functions & Responsibilities:

E 20% Fills the role of Credit Manager for the institution. Develops and implements lending policy, department strategies for loan processing, underwriting, commercial lending, real estate lending, new loan product development, and credit resolution ensuring regulatory and policy compliance, as well as quality and efficiency standards are maintained.

E 20% Leads and develops strategy for Real Estate lending ensuring production goals are achieved, regulatory and policy compliance is maintained, quality and efficiency standards are maintained.

E 20% Leads and develops strategy for the Credit Resolution function, ensuring compliance with regulatory requirements and policy standards, as well as, the development of their processes, systems and procedures to ensure high standards of quality and efficiency are achieved and maintained.

E 15% Ensures the credit union is compliant with all lending laws, rules policies and regulations.

E 10% Supervises assigned areas through direct reports.

E 5% Chairs Member Business Executive Committee and Real Estate Loan Committee.

E 5% Participates in establishment of annual department budgets and monitors performance to budget throughout the year. Serves as a member of the Asset/Liability Committee whose job it is to ensure the credit union maintains sufficient levels of capital, liquidity and pricing spreads.

N 5% Performs other duties as assigned.

Performance Measurements:

1. Ensures that the department is providing friendly, professional, timely, personal service to all members.

2. Maintains a highly qualified staff, sufficient to meet the daily lending demands for members, and the CU goals.

3. Ensures that all lending activity is within established policies and regulations.

4. Keeps management informed regarding key operational issues affecting the department.

5. Demonstrates an understanding of, and follow the requirements of all regulation compliance, including but not limited to those of Bank Secrecy Act (BSA), Anti-Money Laundering (AML), Office of Foreign Assets Control (OFAC), Customer Identification Program (CIP) and Member Due Diligence (MDD) as it specifically relates to their job functions. Employees shall be trained annually in BSA/AML compliance.

Knowledge and Skills:

Experience:

Eight to Ten years similar or related experience.

Education:

Bachelor's degree in a related field is required.

Interpersonal Skills:

Work frequently involves exercising advanced conflict resolution, giving material presentations, and resolving issues impacting multiple departments or divisions. Role also requires the ability to motivate or influence others as a material part of the role, with a significant level of diplomacy and trust. Obtaining cooperation (internally and/or externally) is an important part of the role and a high level of interpersonal skills is critical to the success of this position

Other Skills:

Must have in-depth understanding of and ability to interpret regulations affecting credit unions. Extensive knowledge of consumer, commercial and real estate lending is required as well as extensive knowledge of deposit products and services and balance sheet management.

Physical Requirements:

While performing the duties of this job, the employee is regularly required to use hands or fingers, handle or feel; reach with hands and arms; talk and hear. The employee frequently is required to stand, walk, and sit. Specific vision abilities required of this job include close vision and ability to adjust focus.

Work Environment:

Work is performed indoors with some potential for exposure to safety and health hazards related to electronics work. May require periodic travel. There is exposure to potential hazardous conditions such as robbery. Employees are to receive detailed instructions and procedures to follow in order to minimize risk. In accordance with the American with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization. s are not intended and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.

This is not a complete statement of all duties and responsibilities comprising the position.