Allegius Credit Union
Director of Lending
Allegius Credit Union, Chesterton, Indiana, United States, 46304
Position:
Director Of Lending
Department:
Credit Services
Reports to:
President & CEO
Directly Supervises:
Senior Credit Manager, Member Resolutions Manager
Indirectly Supervises:
Credit Manager, Indirect Wholesale Clerk, Member Resolutions Specialists
Job Description:
Director of Lending
Position Overview:
We are seeking an experienced and dynamic individual to join our credit union as the Director of Lending. As the Director of Lending, you will be responsible for overseeing and managing all lending and collection operations within the credit union. This position requires strong leadership skills, extensive knowledge of lending practices, and a strategic mindset to drive the credit union's lending initiatives.
Duties and Responsibilities:
Lending Strategy:
Develop and execute lending strategies in alignment with the credit union's overall goals and objectives. Research, evaluate and oversee implementation of new loan products.
Loan Portfolio Management:
Oversee the credit union's loan portfolio, including consumer loans, mortgages, small business loans, and other lending products. Implement effective underwriting, risk assessment, and loan approval processes to maintain a high-quality loan portfolio.
Collections Management:
Oversee the credit union's collections department, leading a team to optimize collection processes and ensure compliance with regulations.
Leadership:
Provide leadership and guidance to the lending and collections departments. Foster a positive and productive work environment, set performance expectations, and ensure the team is trained and equipped to meet lending targets. Conduct regular performance evaluations and provide coaching and mentoring as needed.
Compliance and Risk Management:
Ensure lending operations comply with all applicable laws, regulations, and internal policies. Monitor and manage delinquencies, defaults, and loan loss provisions.
Business Development:
Identify and pursue new lending opportunities to grow the credit union's loan portfolio.
Reporting and Analysis:
Prepare regular reports on lending activities, performance metrics, and portfolio quality. Conduct in-depth analysis of lending data to identify trends, opportunities, and potential areas of improvement. Present findings and recommendations to senior management.
Collaboration and Cross-functional Coordination:
Collaborate with other departments, such as accounting, marketing, and operations, to ensure seamless integration of lending activities with the credit union's overall operations.
This is not a comprehensive list of responsibilities and is provided as an overview of the position.
Qualifications:
Bachelor's degree in finance, business administration, or a related field or a minimum of 5 years of progressive experience in lending, preferably in a credit union or financial institution.
Strong knowledge of lending principles, underwriting standards, and risk management practices.
Demonstrated leadership abilities with experience in managing and motivating a team.
Excellent analytical and problem-solving skills.
Understanding of industry regulations and compliance requirements.
Exceptional communication and interpersonal skills.
Ability to work collaboratively in a cross-functional environment.
This is a rewarding opportunity to make an impact on the lending and collections operations of our credit union. If you have a passion for lending, a strategic mindset, and the ability to lead and inspire a team, we invite you to apply for the position of Director of Lending.
Job Type:
Full-time
Benefits:
401(k)
401(k) matching
Dental insurance
Employee discount
Health insurance
Life insurance
Paid time off
Retirement plan
Tuition reimbursement
Vision insurance
Schedule:
Monday to Friday
Weekends as needed
Application Question(s):
Do you have at least five years of lending experience?
Ability to Relocate:
Chesterton, IN 46304: Relocate before starting work (Required)
Work Location:
In person
#J-18808-Ljbffr
Director Of Lending
Department:
Credit Services
Reports to:
President & CEO
Directly Supervises:
Senior Credit Manager, Member Resolutions Manager
Indirectly Supervises:
Credit Manager, Indirect Wholesale Clerk, Member Resolutions Specialists
Job Description:
Director of Lending
Position Overview:
We are seeking an experienced and dynamic individual to join our credit union as the Director of Lending. As the Director of Lending, you will be responsible for overseeing and managing all lending and collection operations within the credit union. This position requires strong leadership skills, extensive knowledge of lending practices, and a strategic mindset to drive the credit union's lending initiatives.
Duties and Responsibilities:
Lending Strategy:
Develop and execute lending strategies in alignment with the credit union's overall goals and objectives. Research, evaluate and oversee implementation of new loan products.
Loan Portfolio Management:
Oversee the credit union's loan portfolio, including consumer loans, mortgages, small business loans, and other lending products. Implement effective underwriting, risk assessment, and loan approval processes to maintain a high-quality loan portfolio.
Collections Management:
Oversee the credit union's collections department, leading a team to optimize collection processes and ensure compliance with regulations.
Leadership:
Provide leadership and guidance to the lending and collections departments. Foster a positive and productive work environment, set performance expectations, and ensure the team is trained and equipped to meet lending targets. Conduct regular performance evaluations and provide coaching and mentoring as needed.
Compliance and Risk Management:
Ensure lending operations comply with all applicable laws, regulations, and internal policies. Monitor and manage delinquencies, defaults, and loan loss provisions.
Business Development:
Identify and pursue new lending opportunities to grow the credit union's loan portfolio.
Reporting and Analysis:
Prepare regular reports on lending activities, performance metrics, and portfolio quality. Conduct in-depth analysis of lending data to identify trends, opportunities, and potential areas of improvement. Present findings and recommendations to senior management.
Collaboration and Cross-functional Coordination:
Collaborate with other departments, such as accounting, marketing, and operations, to ensure seamless integration of lending activities with the credit union's overall operations.
This is not a comprehensive list of responsibilities and is provided as an overview of the position.
Qualifications:
Bachelor's degree in finance, business administration, or a related field or a minimum of 5 years of progressive experience in lending, preferably in a credit union or financial institution.
Strong knowledge of lending principles, underwriting standards, and risk management practices.
Demonstrated leadership abilities with experience in managing and motivating a team.
Excellent analytical and problem-solving skills.
Understanding of industry regulations and compliance requirements.
Exceptional communication and interpersonal skills.
Ability to work collaboratively in a cross-functional environment.
This is a rewarding opportunity to make an impact on the lending and collections operations of our credit union. If you have a passion for lending, a strategic mindset, and the ability to lead and inspire a team, we invite you to apply for the position of Director of Lending.
Job Type:
Full-time
Benefits:
401(k)
401(k) matching
Dental insurance
Employee discount
Health insurance
Life insurance
Paid time off
Retirement plan
Tuition reimbursement
Vision insurance
Schedule:
Monday to Friday
Weekends as needed
Application Question(s):
Do you have at least five years of lending experience?
Ability to Relocate:
Chesterton, IN 46304: Relocate before starting work (Required)
Work Location:
In person
#J-18808-Ljbffr