Senior Vice President, Lending
Hiring Company
About the Role
Greater Boston, MA Area (On-site - Headquarter location)
The Company is seeking an SVP, Lending to serve as its Chief Lending Officer. The successful candidate will be responsible for the strategic direction, performance, and operational oversight of all lending functions, with a focus on driving portfolio growth, asset quality, and an exceptional member experience. This role involves leading the development and execution of lending strategies, as well as contributing to the formulation and implementation of credit union-wide strategies and objectives. The SVP, Lending will also be tasked with overseeing a team of four direct reports and a total of thirty associates. Applicants for the SVP, Lending position at the company should have a minimum of ten to fifteen years of progressive lending experience, with a strong background in various lending and collections areas. Executive leadership experience in overseeing multiple lending functions is essential, as is a proven track record in credit risk management, pricing, profitability, and delinquency management. The role requires in-depth knowledge of applicable regulations, including Fair Lending, Consumer and Mortgage Lending, BSA, OFAC, and compliance requirements. The ideal candidate will be adept at leading a team, formulating and implementing lending strategies, and ensuring the overall success of the lending platform within the credit union.
Functions:
- Finance
- Operations
Compensation
USD $210,000-$260,000 (salary) per year
About the Company
Well-established credit union
Industry
Banking
Type
Non Profit
Age
employees
51-200