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Teachers Federal Credit Union · 6 hours ago

Director Credit Policy and Loan Review

Hauppauge, NY

Full-time

Onsite

Mid, Senior Level

$136K/yr - $170K/yr

7+ years exp

Teachers Federal Credit Union is a leading credit union in the United States, committed to guiding members toward building a strong financial foundation. The Director of Credit Policy and Loan Review is responsible for implementing and maintaining lending policies, evaluating credit quality, and ensuring compliance with established loan policies.

BankingFinance

No H1B

Responsibilities

Develops and implements comprehensive credit policies and procedures to effectively assess and manage credit risk

Performs regular loan portfolio reviews including commercial, real estate, and consumer loans

Monitors and evaluates the performance of credit portfolios, identifying trends and potential areas of concern

Prepares detailed reports and presentations for senior management regarding credit risk exposure and portfolio performance

Supports the Credit Risk and Fair Lending Committee by preparing the agenda, reporting, and supporting materials for the committee

Develops, implements, and executes a comprehensive loan review program, including sample-based review of compliance with underwriting standards and credit policy

Communicates discrepancies or inconsistencies to loan officers or underwriters

Works closely with loan originators, underwriting, and loan operations to ensure compliance with applicable lending policies and the credit union’s risk appetite

Provides support for audits and regulatory exams

Develops and prepares reporting for Management and Credit Risk and Fair Lending Committee

Provides effective oversight and challenge

Performs all duties inherent in the role of a manager

Performs other duties as needed upon request by immediate supervisor

Qualification

Credit policy developmentLoan review experienceUnderwriting experienceCredit risk trainingPolicy writingAnalytical skillsLeadership skillsCommunication skills

Required

Bachelor's degree required (Bachelor's degree in business, finance, risk management) or accounting or a minimum of seven years directly related experience required

Minimum seven years' experience within a bank or credit union, with three years leading or influencing people

Minimum five years experience in loan review, credit policy, credit review, credit analysis, underwriting, or related discipline required

Underwriting experience in commercial and or residential lending required

Experience writing and maintaining policies and procedures required

Formal credit risk training and or certification strongly preferred