Vice President of Lending

Minnetonka, MN

CCCU is looking for a talented Vice President of Lending who will be responsible for overseeing and managing the lending operations of the credit union, including:

  • Consumer Lending, 
  • Real Estate Lending, 
  • Indirect Lending, 
  • Business Lending, 
  • Student Loans, and 
  • Special Accounts/Collections. 

This involves all areas of responsibility in regard to lending policies, procedures, and strategies to maximize loan growth, profitability and portfolio quality. 

You will play a critical role in the credit union's success in driving loan growth, ensuring compliance, and maintaining high standards of member service. This position requires a strategic leader capable of managing a complex and evolving lending environment.

Salary: $155,131.68 - $193,914.60 annually

Responsibilities:

  • Set and maintain goals and objectives for each assigned department. Create and execute a strategic plan to achieve organizational goals for all of CCCU's lending departments.
  • Monitor and analyze market trends to identify opportunities for loan product development and growth.  
  • Evaluate the quality of the portfolio and recommends policy and procedure changes as necessary to meet the Credit Union's standards and objectives.
  • Serve as a member of the senior management team of the credit union, participating in the highest level of decision-making and collaboration to align lending strategies with overall business objectives.
  • Create and implement lending programs, delivery services, policies and processes for the credit union keeping risk management and member satisfaction balanced while maintaining regulatory standards and industry best practices.
  • Directly responsible to the Board of Directors for the Credit Union's loan portfolio.
  • Manages relationships with outside vendors, etc.
  • Follow Bank Secrecy Act (BSA) policies and procedures as they relate to this position.
  • Other responsibilities as assigned.

Skills:

  • A minimum of a Bachelor’s Degree in Finance/Business/Accounting or a related field.
  • 5-8 years of previous credit union/financial institution management experience is required.
  • Extensive experience in lending, credit analysis, and risk management, with a proven track record in a senior leadership role.
  • Excellent communication skills: verbal, written and in presenting. 
  • Solid understanding of state and federal laws and regulations that impact all areas of the credit union. 
  • Highly organized, self-motivated, and self-managed.
  • Able to handle multiple tasks and change priorities, as needed.
  • Strong analytical and project management skills, leadership qualities including strong human relations.
  • Proficient in financial analysis software and loan management systems.
  • Strong computer skills in Microsoft Office Suite are required 
  • Must be a licensed driver with a working automobile available to you at all times.

Benefits:

  • Health, dental and vision insurance
  • Health Savings/Flexible Spending accounts
  • 401k and pension plans
  • Life insurance and supplemental insurance
  • Paid time off out of the office - Vacation time, Sick time and Paid Holidays
  • Plus much more!