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Black Hills Federal Credit Union · 3 weeks ago

Chief Lending Officer

Rapid City, SD

Full-time

Onsite

Director/Executive

8+ years exp

Black Hills Federal Credit Union is a movement for fairness, inclusion, and financial well-being. The Chief Lending Officer is responsible for the overall strategy, administration, and operation of various lending departments, ensuring compliance with regulations and leading high-performing teams to achieve strategic goals.

AccountingConsultingCredit BureauFinanceFinancial ServicesLending

Growth Opportunities

Responsibilities

Drive strategy and operations for Consumer, Business, Mortgage, Collections, and Indirect Lending

Lead and inspire high-performing teams with fairness and consistency

Ensure compliance with federal and state regulations

Champion process improvements and cutting-edge delivery systems

Collaborate with executive leadership to achieve strategic goals

Direct daily lending operations throughout BHFCU

Support and promote the annual Strategic Plan, which complements the Credit Union's mission statement, and oversee budgets associated with areas of responsibility to accomplish objectives

Maintain control over departmental expenditures versus budget

Remain current on changes within the legal, regulatory, economic, competitive, and technology environments that may affect the Lending function

Assist President/CEO with respect to recommendations for hires, terminations, promotions, transfers, performance appraisals, training and development, and interpretation of credit union rules and policies for department personnel

Conduct all personnel functions in accordance with applicable statutes (e.g., EEO, OSHA, Fair Labor, etc.)

Maintain organizational structure established by the President/CEO

Organize staff personnel into effective, efficient work groups

Ensure that direct reports are granted proper authority and responsibility to carry out assigned functions

Review work systems to reduce duplication of effort and unnecessary work

Responsible for managing and directing people and/or resources with fairness and consistency to meet departmental goals

Promote teamwork and encourage process improvement, while creating a positive work environment where employees feel recognized and valued

Responsible for evaluating employees, determining talents and development opportunities, and working with employees to improve performance, enhance skills, or create loyalty to the credit union

Conduct timely employee performance appraisals and coaching, and effectively resolve employee issues and performance concerns

Assist in the establishment, maintenance, and monitoring of internal controls, as well as policies and procedures for the Lending teams

Read, interpret, review, and comply with all federal and state legislation pertaining to operations

Assist in the development, production, and maintenance of credit union's products, services, and leading edge delivery systems

Develop methods and procedures to improve the effectiveness and efficiency of the respective delivery systems

Attend Board and appropriate Committee meetings and report in areas of responsibility as requested by the President

Develop methods and procedures to improve effectiveness and efficiency of delivery systems and response to members’ and employees' needs

Assure the development of individual and department plans and budgets that are consistent with the strategic plan and overall budget

Maintain control over departmental expenditures versus budget

Work closely with other department management personnel to ensure the overall operation of the credit union runs smoothly

Promote and maintain a positive image of the Credit Union

Perform specific and delegated duties as assigned by the President

Qualification

Lending strategyCompliance knowledgeTeam leadershipFinancial analysisProcess improvementPersonnel administrationCommunication skillsProblem-solvingTime management

Required

Four year college level of language, math, and reasoning skills

Eight to ten years' experience in a related field with equal responsibilities

Knowledge of credit union lending, and leading edge delivery systems

Knowledge of the fundamentals of the financial industry, including an understanding of the Federal Reserve System; the check clearing process; and the legal theory of negotiable instruments

An understanding of basic data processing system concepts, including an understanding or a conceptual grasp of systems, hardware, and EFT technology

Knowledgeable in personnel administration with an understanding of wage and salary administration, performance evaluation, performance coaching, and training

Thorough knowledge of laws and regulations affecting organization's products and services

Working knowledge of organization's policies/procedures and Credit Union's service philosophy

An understanding of planning. Should understand the basic mechanics and have a realistic working understanding of a management by objectives system

Ability to handle multiple, conflicting deadlines

Ability to delegate work assignments, give authority to work independently, and monitor delegated activities to ensure completion in a timely manner

Ability to understand and follow complex written and verbal instructions

Ability to express oneself, clearly and concisely, both verbally and in writing

Ability to prepare and maintain confidential records and reports

Ability to exercise strong judgment in analyzing, appraising, evaluating, and solving problems of a difficult procedural, organizational, or administrative nature

Ability to analyze statistics and financial data

Ability to generate and analyze research data. Working knowledge of appropriate analysis techniques

Ability to comprehend complex functions and procedures and to be able to disseminate that knowledge in a clear and understandable format to others

Vision: A sighted person to read and interpret financial and legal data

Speech/Hearing: Ability to communicate verbally and in writing with staff, members, and vendors

Manual Dexterity: Ability to perform necessary computer related input

Physical Mobility: Ability to travel on credit union's behalf, travel to other offices, and the ability to work flexible hours