What are the responsibilities and job description for the SVP of Lending position at Better Banks?
Better Banks has promoted its SVP of Lending and we're looking for an experienced replacement! As a key member of the executive team, the SVP of Lending will lay out strategies to continue driving growth and profitability. You must have an understanding of market trends, a history of developing successful team members, and a strong commitment to providing high quality customer service.
We offer bonus potential; and employees are owners through the Employee Stock Ownership and Profit-Sharing retirement plans.
Key Responsibilities:
- Develops & executes the lending strategy, defining goals for loan production and portfolio growth
- Implements, directs, and monitors lending policies & procedures, and ensures operations are effective and efficient
- Enforces credit risk policies, procedures, and underwriting guidelines
- Manages and mentors high-performing lending professionals, promoting a culture of accountability, continuous improvement, and exceptional service
- Leads the collection process, implementing strategies to manage delinquencies & minimize losses
- Coordinates with other departments to ensure seamless execution of lending programs
- Builds and maintains strong relationships with clients and key business partners
- Represents Better Banks in the community and promotes our brand
Qualifications Required:
- Bachelor's degree in finance, business administration, or related field
- 5 years' progressive supervisory/leadership experience in lending within a financial institution, preferably community banking
- Proven track record of managing a large loan portfolio and driving business growth
- Expert knowledge of lending regulations, credit risk analysis, and underwriting principles
- Exceptional communication, negotiation, and interpersonal skills
- Strong analytical skills, with a focus on financial data
Desired Skills:
- Advanced technological skills, including bank computer systems and lending software
Job Type: Full-time
Pay: From $128,828.00 per year
Benefits:
- 401(k)
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Professional development assistance
- Referral program
- Retirement plan
- Vision insurance
Work Location: In person
Salary : $128,828
