What are the responsibilities and job description for the Manager of Commercial Lending position at OUCU Financial?
Description
OUCU Financial is seeking an experienced Manager of Commercial Lending to lead our commercial lending operations and drive portfolio growth.
The Manager of Commercial Lending will oversee commercial loan origination, underwriting, portfolio management, and business development, while building strong relationships with business members and community partners.
The ideal candidate is a strategic leader with deep commercial lending experience and a passion for helping businesses succeed across multiple markets.
At OUCU Financial, we believe that our employees make the difference. We recognize, appreciate, and empower our most valued assets - our employees! We offer an enthusiastic, team-oriented environment with unlimited growth opportunities. In addition, at OUCU, you will find a competitive compensation package, comprehensive training programs, an outstanding benefits package with an incredibly generous 401(k) retirement plan, and multiple volunteer opportunities to help our communities. The pay range for this position starts at $69,960 annually with relevant education and experience considered in determining the starting pay rate.
Key Responsibilities:
- Lead the commercial lending team in achieving portfolio growth, profitability, and credit quality goals.
- Develop and execute strategies to expand commercial lending opportunities within the credit union's market footprint. This includes both the Athens and Lancaster markets.
- Oversee the origination, underwriting, and structuring of commercial loans, including real estate, operating lines of credit, equipment financing, and other business credit products.
- Makes lending decisions within established limits. Reviews requests for credit union participation loans and makes recommendations.
- Responsible for full compliance of member business lending as dictated by federal and state regulations. Maintains up to date knowledge of member business policies, rules, and regulations and acts in compliance with loan policy at all times.
Our benefits include:
- Multiple medical plan options, dental and vision insurance, OUCU pays 80%.
- Employer paid long-term disability insurance, life insurance, and dependent life insurance.
- Paid vacation, sick, and personal time off.
- Generous 401(k) retirement plan.
- 11 paid holidays per year.
- Paid time for volunteer opportunities to help our communities.
- Educational Reimbursement.
- Annual stipends to purchase logo wear.
- Free dividend checking and wires, Half off tax preparation fees.
- Free premium subscription to the Calm.com app with the ability to add dependents.
Requirements
- Management responsibilities include managing, training, and coaching the staff of the Member Business Department, as well as directing the department's daily operations.
- Bachelor's degree or equivalent education and experience.
- Five years experience in commercial lending and/or other areas within a financial institution. Credit union experience preferred. Knowledge of laws and regulations governing business and consumer lending practices.
- On-site position based in Athens with frequent travel to Lancaster and Logan areas.
- Resume and cover letter required.