Coast Central Credit Union · 3 weeks ago
SVP/Chief Lending Officer
Eureka, CA
Full-time
Onsite
Senior Level, Lead/Staff
$250K/yr - $275K/yr
10+ years expCoast Central Credit Union is a not-for-profit financial cooperative dedicated to providing exceptional service and supporting the financial success of its members. The SVP/Chief Lending Officer (CLO) will oversee all lending and collections activities, develop loan policies, and ensure compliance with regulations while driving growth through innovation and strategic initiatives.
Banking
Responsibilities
Responsible for the overall management and direction of credit union loan programs; including Real Estate, Consumer and Business lending and Collections
Prepares and recommends loan policies and policy revisions. Develops new lending programs to meet both the needs of the members and credit union objectives
Is responsible for the employment, counseling, performance evaluations, training, motivation and discipline of assigned employees
Reviews all regulatory changes and ensures that the credit union and loan services personnel comply with lending laws, regulations and Board policies. Implements any changes required and arranges necessary training for the loan staff
Recommends loan rates and fee structures based on market conditions and strategic planning and financial goals. Research and recommend new products, services and features
Communicates with members regarding lending needs. Negotiates with members or other individuals to resolve conflicts
Reviews and analyses monthly loan data to ensure that the credit union is attaining its projected goals and market penetration
Determines member services branch loan goals based on industry trends and credit union objectives
Ensures appropriate legal disclosures in lending
Analyzes lending systems and determines appropriate credit checking sources, computer processing systems, etc
Analyzes the loan portfolio and recommends the appropriate mix of consumer, real estate and commercial loans
Reviews loan requests of subordinates which exceed loan approval authority limits or are an exception to standard policies; audits branch loan portfolios and individual loan officers; calls on business prospects and members
Consistent with credit union by-laws, performs the function of Credit Manager as defined by California Credit Union Law
Oversees the collections department to monitor and control delinquencies
Keeps abreast of technological changes that affect the credit union and lending products
Works effectively with other members of the Senior Management Team to develop, plan and implement credit union objectives, services and programs
Responsible for ensuring the Member Loan Services staff provides quality member service in all member and staff interactions. Actively practices the behaviors found in the credit union’s Guidelines for Member Services in all interactions with members and staff
Responds to the directives of the President and Senior Vice President
Performs other duties as assigned
Qualification
Required
Requires a combination of knowledge and experience in the fields of management, lending, business or finance
Knowledge of financial statements, income taxes and cash flow analysis, and the laws and regulations affecting credit, lending and collections, plus an understanding of the role of credit unions; excellent oral and written communication skills and the ability to effectively work with staff, members and management
Exercise mathematical and conceptual abilities in the development of operating budgets, cost/benefits analysis and other projects requiring abstract reasoning and judgment
Demonstrated ability to provide strategic leadership across the organization to management and staff at all levels as well as guidance to executives in support of the organization's mission
Superior oral and written communication skills and the ability to effectively work with employees, and management
Computer literacy, including the ability to enter data using the keyboard and computer terminal to develop documents, prepare correspondence, send emails, maintain records, etc., with accuracy and attention to detail
Ability to provide exceptional leadership and inspire, motivate, and guide others toward achieving shared goals
Ability to multi-task and work well under pressure to meet deadlines
Ability to manage situations with tact, professionalism, and diplomacy
Ability to present a professional image
Proven ability to supervise and direct the work of others
A bachelor's degree with an emphasis in finance, business, accounting or related field
Ten or more years' experience as a loan officer in a financial institution
Experience in real estate, consumer and business lending as well as collections experience preferred
Preferred
A combination of exceptional credit union and/or other financial institution experience with course studies in business, finance or management may be substituted for a college degree
Bi-lingual a plus
Company
Coast Central Credit Union
Mission We are the values-driven partner uniquely rooted in uplifting YOU Values • Champion Service Excellence • Maintain Financial Strength • Embody Integrity • Cultivate Innovation • Unite as One Team
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase