WECU · 1 month ago
Vice President, Consumer Lending
Bellingham, WA
Full-time
Hybrid
Senior Level, Lead/Staff
$149K/yr - $210K/yr
10+ years expWECU is a not-for-profit financial cooperative where members are encouraged to save and borrow responsibly. The Vice President, Consumer Lending is a strategic leader responsible for portfolio growth and ensuring WECU remains competitive in a dynamic marketplace, overseeing various lending teams and executing strategies that balance growth with risk management and compliance.
Consumer LendingCreditCredit CardsFinancial Services
Hiring Manager
Beau C.
Responsibilities
Oversee the Consumer Lending, Indirect Lending, Consumer Loan Servicing, and Card Services teams
Develop and execute strategic initiatives to drive sustainable portfolio growth
Accountable for the development and implementation of consumer loan products to ensure WECU’s competitiveness in the marketplace
Ensure WECU offers a robust credit card program that meets the diverse needs of our members
Oversee the management and optimization of the pre-qualification program and automated loan decisioning processes. Ensure these systems are efficient, accurate, and aligned with WECU’s risk acceptance criteria and strategic goals
Balance tactical responsibilities with strategic vision by managing capacity, delegation and focus
Develop and implement goals and success metrics. Lead the team to achieve objectives and monitor strategies to ensure alignment with WECU’s overall mission and vision
Ensure sound underwriting loan practices and parameters are followed
Analyze portfolio credit quality and performance, making necessary adjustments to the underwriting strategy/model used by staff and automated underwriting systems
Leverage holistic portfolio knowledge, sharing complex analysis, forward-looking insights, and strategic recommendations. Provide detailed analysis of portfolio performance, identify trends and generate predictions
Proactively identify problems, issues, and opportunities; develop solutions and strategies to address these challenges and capitalize on opportunities
Develop and recommend changes to rates, risk models, underwriting standards, programs, policies, instant approval parameters, and policies as appropriate to achieve desired production levels and credit quality
Establish and maintain strategic partnerships with third-party providers for indirect lending programs, ensuring performance, compliance, and alignment with organizational goals
Support the sale and purchase of loan participations, including conducting loan reviews and evaluating credit risk
Drive exceptional member experiences by aligning lending strategies with evolving member needs and service excellence standards
Remain current on changes within the economic, competitive, regulatory, and technological environments that may impact Cards, Consumer Lending, Indirect Lending, and Consumer Loan Servicing
Work collaboratively across the organization and with external partners on various campaigns, projects, and initiatives
Responsible for the training, coaching, and development of a high-performing leadership team
Ensure full compliance with all regulatory requirements for Cards, Consumer Lending, Indirect Lending, and Consumer Loan Servicing
Lead and develop the annual business and budgeting process for Consumer Lending, Indirect Lending, Consumer Loan Servicing, and Cards departments
Prepare detailed research, analysis, and reports for key organizational stakeholders, including senior leadership and the board of directors
Lead vendor governance by monitoring contracts, enforcing accountability, and ensuring adherence to WECU’s Vendor Management Program
Follows WECU’s policies and all applicable laws and regulations
Performs other duties as assigned and may also assist others to complete tasks and work assignments
Qualification
Required
Bachelor's degree in business administration, finance, or related field (master's preferred)
Minimum of 10 years progressive experience in consumer or indirect lending leadership roles
Three or more years of lending experience at a financial institution in a management capacity
High proficiency with Microsoft Office, particularly Excel and Word
Experience in querying, reporting, and formatting data into multiple formats
Must be able to read and interpret financial reports received from various sources
Ability to exercise judgment, initiative, and tact in dealing with membership, management, and staff
Ability to perform detailed analytical work and make independent decisions
Flexibility and capacity to manage many responsibilities simultaneously
Strong written and oral communication skills
Ability to represent WECU in a positive professional manner in person, on the telephone, and in written correspondence
Ability to maintain confidentiality and exercise independent judgment and analysis
Benefits
Medical, dental, and vision benefits with premiums for employee coverage paid in full
401(k) retirement plan with an 8% annual contribution from WECU
Bonus plan
Two or more weeks of vacation
Up to 11 paid holidays
Paid life and disability insurance
Annual wellness benefit
Loan discounts
Professional development
And much more
Company
WECU
WECU provides checking, saving accounts, credit cards, loans, real estate lending, cash management, customer lending and merchant services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Jennifer (Brown) Kutcher
President/CEO
Recent News
2025-10-09
Bank Automation News
2024-12-16
Company data provided by crunchbase