Vice President Business Lending
Vice President Business Lending
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$ 161434 - 269056
1 Vacancy
Job Description
WSECU is looking for a collaborative leader who will provide oversight and strategic direction for all aspects of WSECUs Commercial Real Estate (CRE) and Small Business lending and servicing activities. This person is responsible for the member borrowing experience along with the execution of the Credit Unions risk strategy through underwriting and oversight of all commercial and small business loan servicing.
The Vice President of Business Lending provides oversight strategic direction and responsibility for the commercial and small business borrowing experience and for all aspects of WSECUs commercial and small business lending activities. This includes the Commercial Sales Team Credit Administration Small Business Sales & Operation and Servicing of these portfolios. The Vice President will drive commercial and small business lending origination strategies and business plans with the support of direct reports who will manage the day-to-day operations and delivery of service in each department.
As the VP of Business Lending your day might include:
- Developing and overseeing implementation of the annual Commercial and Small Business Lending Strategy and Business Plan
- Overseeing productivity and workflow efficiencies of all commercial and small business lending programs and back-office lending operations
- Ensuring achievement of service level standards specifically Voice of Member and Co-worker Surveys
- Developing and implementing lending policies and underwriting guidelines to ensure quality and integrity of loan portfolio
- Recommending new products and pricing strategies in all areas of commercial and small business lending to meet current and future member needs. Managing product margins while maintaining the quality of the loan portfolio and continually assessing the organizations credit risk concentration limits and liquidity
- Maintaining knowledge of the commercial and small business lending landscape to ensure WSECUs lending programs remain relevant
- Assuring compliance with state and federal laws
- Providing strong leadership to managers in each area of responsibility through regular coaching evaluations employee development and training
- Recommending and overseeing related budgeting of revenue expense and production projections
- Working with the Marketing Department to drive results toward meeting production goals
- Working collaboratively with all areas of the credit union and external business partners to accomplish strategic goals and ensure the appropriate levels of compliance and service
What you bring to the team:
- Bachelors degree in business or related field with at least five (5) years of successful well-rounded management experience in a financial institution in all aspects of lending. MBA is highly desirable
- Ten (10) years of experience in commercial real estate lending small business lending Small Business Administration (SBA) credit administration and underwriting
- Technically proficient in credit analysis financial statements underwriting criteria and risk scoring
- Proven leadership skills and the ability to drive high quality loan growth through lending products delivery channels and superior member service
- Experience leading teams responsible for small business services (i.e. Payroll Services ACH Sweep Accounts Merchant Services etc.)
- Up-to-date knowledge of evolving technology automation industry trends state and federal regulations pertaining to commercial and small business loans
- Proficiency in PC software including Microsoft programs and standard lending systems and the ability to learn credit union-specific operating systems and programs
- Budgeting and strong presentation experience
Competitive Base Pay: $161434.11 - $269056.86 annually dependent on relevant qualifications plus an annual discretionary incentive plan and benefits package.
- The target starting pay for this position is $161434.11 - $215245.48 annually typically within thefirst half of the range. Actual offers will be based on individual qualifications relevant to the role and will not take an applicants pay history into account.
- The range above allows our employees room for growth through annual merit and other pay increase during their tenure in the position.
Where were located: 330 Union Ave Olympia WA. Employee must reside and perform all work in the state of Washington. This is a hybrid position that blends working in-office and from home. Works onsite at least 2 occasions per week.
When youd work: Monday Friday 8:30 am 5:30 pm full time minimum 40 hours per week with scheduling flexibility to meet service needs for this Exempt position
Working from home/hybrid requirements:
- Reliable high-speed home internet connection
- Private confidential workspace away from distractions and other people
- Suitable desk/surface and desk chair
Perks: Here are a few benefits and perks we offer:
- Medical Dental Vision and Life Insurance with Premiums paid by WSECU
- Full-Time Regular employees accrue general leave and sick leave on a monthly basis
- 11 Paid Holidays
- Employer paid Long Term Disability & Long-Term Care plan for Full-Time employees
- 401(K) with 8.5% Contribution by WSECU to begin 1st quarter after 1 year of service
- Paid Volunteer Leave
- Tuition Assistance
- Employee Assistance Program & Employee Discounts
- And you get to work with some awesome people!
WSECU is honored to be recognized as the number one credit union in the state on Forbes magazines list of best credit unions in Washington. Members are at the heart of everything we do. Their feedback helps us determine our path and knowing that same member feedback led to this recognition is incredibly rewarding
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#LI-Hybrid
We look forward to reviewing your application!
All applicants must include a resume.
Visa sponsorship not available.
Contact us at 1.800.562.0999 x11111 with any questions.
We champion our employees unique differences because we believe diversity is critical to the success of our members and the communities we serve. Were proud to provide a workplace based on equality and do not discriminate based on race color religion creed national origin ancestry sex age physical or mental disability veteran or military status genetic information sexual orientation gender identity marital status or any other legally recognized protected basis under federal state or local law.
Accommodations are available for applicants with disabilities. If you are an individual with a disability and require a reasonable application to complete any part of the application process or are limited in the ability or unable to access or use this online application process and need an alternative method for applying you may contact 800.562.0999 x11111 or email us for assistance.
Required Experience:
Chief
Employment Type
Full-Time
