What are the responsibilities and job description for the Vice President Lending position at Abri Credit Union?
Vice President Lending
As our Vice President Lending, you will:
- Serve as the primary credit risk officer, evaluating complex credit applications and issuing definitive lending decisions within established policy risk tolerances.
- Maintain exhaustive knowledge of regulatory lending mandates; implement internal controls to align practices with consumer protection and lending laws.
- Oversee operational workflows for consumer and real estate lending lines to maximize efficiency and accuracy from application through funding.
- Prepare and present accurate, data-driven reports for the Asset-Liability Committee (ALCO) and the Board of Directors.
- Serve as the primary liaison for internal/external audits and state/federal regulatory examinations, ensuring timely compilation of required documentation.
- Drive the department to meet or exceed asset growth, loan volume, and outstanding balance metrics established by the executive leadership team.
- Direct daily delinquency management and collections operations to protect credit union assets and minimize loan losses.
- Conduct monthly portfolio reviews to determine and approve final loan charge-offs, ensuring accurate accounting and recovery of collateral sales.
- Collaborate with the Loan Servicing Manager to structure complex loan workouts, short sales, and the management of Owned Real Estate Open (OREO) properties.
- Supervise business and consumer loan servicing, including payment processing, documentation compliance, and mandatory annual commercial reviews.
- Oversee the optimization and maintenance of core lending systems, ensuring post-closing exception tracking is resolved efficiently.
- Continually monitor evolving HMDA, consumer lending, and collection laws to update operational manuals and policy documentation dynamically.
- Collaborate with peer business lines to cultivate cross-selling opportunities and deepen member relationships.
- Establish and scale strategic B2B partnerships with mortgage companies, home equity lenders, realtors, and institutional partners.
- Evaluate the feasibility and market potential of launching a fee-based mortgage processing service model.
- Set strategic goals, deliver regular performance evaluations, and foster a collaborative, high-performance team culture.
- Implement robust cross-training programs and job rotation frameworks to ensure operational continuity and internal talent pipelines.
Requirements:
- Bachelor's degree in business administration, finance, or a related field (or equivalent executive-level experience).
- 5 to 10 years of progressive leadership experience within a full-service financial institution or mortgage banking company.
- Familiar with secondary market guidelines (Fannie Mae/Freddie Mac), HMDA, Fair Debt Collection Practices Act (FDCPA), and federal/state lending regulations.
- Proven track record of strategic leadership, talent development, and high-integrity decision-making.
- Proficiency in advanced loan origination systems (LOS), core banking platforms, and Microsoft Office Suite.
- Advanced understanding of loan restructuring, workouts, foreclosures, and short sales is highly desirable.
Benefits:
- Our 401k Match is as high as 7.98%
- We offer Blue Cross health insurance with up to 90% employee/70% dependent premiums paid
- You'll:
- accrue 12 days of vacation per year
- be given 5 days of personal leave per year
- be given up to 13 paid holidays per year
- Our dress code is relaxed, business casual and company logo wear
- We have a team of trainers to get you ready to be fabulous on the job!
For a full list of our benefits, visit https://www.abricu.com/home/careers/benefits
Pay:
$125,000–$135,000 per year
EOE
Salary : $125,000 - $135,000