Vice President of Lending

Position Summary

The Vice President of Lending provides strategic leadership and direction for the credit union’s lending programs including consumer, real estate, commercial and indirect lending. This role is responsible for developing and executing lending strategies that support sustainable loan growth, strong asset quality and an exceptional member borrowing experience. The Vice President of Lending oversee lending operations, portfolio performance, underwriting practices and regulatory compliance while partnering across departments to ensure lending initiatives align with the credit union’s strategic goals. This position plays a critical role in driving innovation in lending products, digital delivery and member engagement.

Essential Vice President of Lending Functions

This is not a complete statement of all duties and responsibilities. It contains only the facts necessary to evaluate the position fairly.

Strategic Lending Leadership

• Develop and implement lending strategies that support the credit union’s growth objectives and long-term strategic plan
• Identify opportunities to expand lending programs, improve market competitiveness and increase loan penetration among members
• Monitor industry trends, market conditions and competitive offers to recommend new products or enhancements
• Provide regular reporting and analysis of lending performance to executive leadership and the board

Loan Portfolio Management

• Oversee the performance, growth and quality of the credit union’s loan portfolio
• Monitor delinquency, charge-offs and concentration risks and implement strategies to maintain strong asset quality
• Ensure effective portfolio monitoring and reporting practices are in place
• Collaborate with accounting to support the methodology and analysis for the allowance for credit losses

Lending Operations

• Direct all lending operations including underwriting, processing, funding and servicing
• Ensure consistent and efficient lending processes that provide timely decisions and closing for members
• Evaluate and improve workflows, systems and technology to enhance efficiency and service delivery

Cross-Department Collaboration

• Partner with marketing to develop lending campaigns, product promotions and member education initiatives that drive loan growth
• Work with branch managers to ensure consistent lending practices and a seamless member experience
• Coordinate with Accounting to analyze lending profitability, pricing strategies and portfolio performance
• Participate in strategic initiatives and cross-functional projects that improve member service, operational efficiency and organizational growth

Risk Management and Compliance

• Ensure lending practices comply with all applicable federal and state regulations and internal policies
• Maintain sound underwriting standards and credit risk management practices
• Serve as the primary lending contact during regulatory examinations and audits

Other Responsibilities

• Lead, coach and develop lending staff to build a knowledgeable and high performing team
• Establish clear performance expectations and provide ongoing feedback and development opportunities
• Foster a culture of accountability, collaboration and member focused service
• Maintain confidentiality of all member and employee information
• Provide support to other lending functions as needed to ensure an efficient, team-based lending environment

Competencies

The attributes listed below are representative of the knowledge, skills and/or abilities required.

• Bachelor’s degree in finance, business administration or related field preferred
• Minimum of 7 to 10 years of progressively responsible experience in a financial institution
• Minimum of 3 to 5 years of leadership or management experience
• Strong understanding of consumer, real estate and commercial lending practices
• Experience with loan portfolio management and credit risk analysis
• Knowledge of lending regulations and compliance requirements
• Strong leadership, communication and analytical skills
• Ability to use data and market insights to guide lending strategy
• Proficiency in loan pipeline management; emphasis on organizational and multi-tasking skills
• Professional and effective communication skills, including listening, writing and presentation
• Experience in recommending financial products

Professionalism/Attitude:

• Believes in own capabilities and knowledge to affect positive outcomes and even succeed where others may not, and demonstrates that attitude in performing day-to-day activities
• Self-motivated by the desire to accomplish goals and have exceptional performance; very open to receiving constructive feedback
• Displays an on-going commitment to learning and self-improvement in areas that are job and/or organization-relevant
• Understands that change is necessary to evolve as a person and an organization, and reflects that in the context of daily work, handling change without becoming disengaged
• Ability to maintain member confidentiality at all times

Leadership:

• Takes initiative to be involved in lending networking opportunities
• Generates innovative ideas, and creative solutions to challenging problems
• Models behavior that builds inter-personal trust and personal integrity within the team

Physical Requirements / Working Environment

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• Sitting or standing at a workstation for extended periods of time (i.e., 4, 6 or 8 hours).
• Working on a computer throughout the day (monitor, keyboard, and mouse use).
• Ability to move up to 30 lbs.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Hours over and above normal office hours could occur, including evenings, holidays, and some weekends. Schedule is subject to change based on business needs.

Must be familiar with BSA and OFAC requirements and follow required reporting duties.

Pay: $95,000.00 - $105,000.00 per year

Benefits:

• 401(k) matching
• Dental insurance
• Health insurance
• Health savings account
• Vision insurance

Experience:

• Leadership: 3 years (Preferred)
• financial institution : 7 years (Preferred)

Ability to Commute:

• Austin, MN 55912 (Preferred)

Work Location: In person

Salary : $95,000 - $105,000