Canvas Credit Union · 1 day ago
VP Mortgage Operations & Capital Markets
Lone Tree, CO
Full-time
Onsite
Senior Level, Lead/Staff
$165K/yr - $200K/yr
12+ years expCanvas Credit Union is passionate about transforming financial services and is seeking a Vice President of Mortgage Operations and Capital Markets. This role oversees all mortgage operations activities, ensuring compliance and efficient processing of mortgage loans while providing strategic leadership in capital markets functions.
BankingFinancial ServicesNon Profit
Responsibilities
Develops, mentors, coaches, and leads high-performance teams in mortgage operations and capital markets, fostering an environment that encourages employee participation, operational efficiency, and alignment with Canvas Credit Union's goals
Oversee the day-to-day operational activities and strategy related to the buying and selling of consumer, residential, and commercial loans, including loan participations and whole loan sales
Collaborate and Align with Finance to facilitate negotiation of terms and pricing for loan pool sales and purchases, formulates recommendations aligned with strategic objectives
Partner with other Lines of Business; Consumer Commercial & Mortgage, to ensure alignment with regard to origination volume, originating to sell vs. hold and forward flow expectations
Maintains contacts for loan participations, sales and/or securitizations and develops new partnerships with brokers, credit unions, CUSOs, and FinTechs, in collaboration with
Partner with Chief Lending Officer and SVP of Mortgage Growth to create and execute on Mortgage lending strategy
Maintains a dynamic and cooperative relationship with all levels of employees and management as well as the credit union’s affiliates. Develops and maintains smooth operational transitions
Partner with SVP of Mortgage Growth to prepare annual mortgage operations business plan including strategic and tactical plans, recommending, and implementing new programs and procedures, automation requirements and enhancements and the annual budget for the mortgage function
Maintains a strong working knowledge of current secondary market guidelines, including Conventional, FHA, VA, CHFA, broker channels, local assistance programs, and USDA Rural Development
Responsible for communicating any lending policy changes to staff. Must be able to understand and apply policies to all mortgage lending situations
Evaluate and understand opportunities to utilize programs through FHLB. Such as MPF
Oversee the mortgage servicing function, ensuring operational efficiency, regulatory compliance, and a high standard of member service throughout the loan lifecycle. This includes managing servicing processes, identifying areas for improvement, and supporting risk mitigation efforts
Leads the mortgage segment of the Credit Review Committee, delivering key insights on mortgage production and portfolio performance to the executive team. This role is responsible for identifying emerging trends, assessing portfolio risk, and informing strategic decisions that support sound lending practices and long-term financial health
Translates member feedback into strategic insights that inform decision-making and drive continuous improvement
Collaborate with SVP of Mortgage Growth to develop marketing and sales strategies for new and existing business. Including, ensure efforts meet defined objectives to ensure member loans close on time
Possesses a deep understanding of real estate appraisals, title reports and real estate transactions. Ensures compliance with all applicable laws and regulations while continually training and developing staff
Demonstrates strong decision-making skills related to mortgage loans in conformity with all applicable federal and state regulations including corporate policies and procedures
Stays current on all required loan documents, systems, credit reports and related lending and regulatory requirements
Renders credit decisions on mortgage loans as necessary, in conformity with all applicable secondary marketing and Canvas underwriting guidelines
Communicate regularly and in a timely manner with the Chief Lending Officer concerning lead and application volumes, processing, and underwriting turn times, closing capacity and post-closing and delivery time frames
Establishes and tracks mortgage metrics to support organizational objectives and goals and prepares timely and accurate reporting
Implements approved new products and promotions to meet the membership’s needs and stimulate mortgage growth
Communicates relevant information about mortgage lending, products and promotions to all employees and management
Perform other job-related duties as assigned
Qualification
Required
Expertise in all mortgage lending products
Skilled in strategy development of mortgage lending operations, overall mortgage growth with quality and Capital Markets
Demonstrate strong analytical skills, decision making and problem-solving skills
Maintain a highly cohesive and motivated team
Expertise in leading highly effective mortgage teams
Exhibit support of Canvas goals, values, and initiatives
This role at Canvas requires National Multistate Licensing System (NMLS) registration under the S.A.F.E. act of 2008. This means we conduct background and credit checks to ensure NMLS registration and Canvas requirements are met. (Not meeting or staying current may result in removal from role)
Pre-employment background review (components include criminal, employment, education, address, social security number, motor vehicle record, global sanctions, and sex offender)
Bachelor's degree or equivalent work experience
Twelve or more years of lending and leadership experience
Benefits
Medical/Dental/Vision Insurance
Flexible time off
Paid Holidays
Flexible Spending Account
Health Savings Account
World Class 401(k) Plan
Tuition Reimbursement
Rate Discounts on Qualifying Loans
May be eligible for incentives or discretionary bonus based on results
Company
Canvas Credit Union
Canvas Credit Union is an experience financial services.
501-1000 employees
H1B Sponsorship
Canvas Credit Union has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (1)
Funding
Current Stage
Late StageLeadership Team
D
David Pierce
CIO
S
Sara Ott
Chief Retail Officer
Recent News
The Business Times
2025-03-01
The Business Times
2024-11-28
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