Founded in 1935 on the principles of "People Helping People," Southern Lakes is headquartered in Kenosha, WI on the shores of Lake Michigan. We now proudly serve 10,000 members in Southeastern Wisconsin and Northeastern Illinois through our branches in Kenosha, WI and Elkhorn, WI as well as through online means. We work to meet our members where they are and to help them achieve their financial goals. Come join our team and help us make a difference in our members' lives!
Full Job Description
The VP of Lending is responsible for providing leadership that will enable their team and the Credit Union to deliver exceptional service to our members. This will be accomplished through developing/implementing an overarching lending program, preparing/managing budgets, maintaining fair compliant lending standards, and focusing on business development at the Credit Union. Additionally, must ensure compliance with all policies and regulations. Will also deliver outstanding service to teammates/members by supporting the vision of the Credit Union.
Role Specific Expectations
Responsible for the credit union's administrative management of lending functions and operations
Ensure maximum profitability of lending activities that are in the best interest of the member
Set the Lending Department's strategic plans to align with the credit union's business plan
Establish and ensure the implementation of target goals for the department
Along with the President/CEO, create the budget for the department and track on an ongoing basis for adherence
Research and evaluate feasibility of new lending products
Develop and implement plans for expansion of lending programs
Provide mentoring, coaching, and/or training to support and develop staff
Keep abreast of changes in the industry and changing trends in lending and react to changes in a way that maintains competitiveness
Review/manage department vendor relationships/contracts to ensure top level service is received
Serve as the primary point of contact for the outsourced marketing firm and lead the marketing efforts with it for the credit union
All other duties as assigned
Leadership Team Level Expectations
Possess a strong enthusiasm for the Credit Union Movement
Bring a level of dedication and initiative to your work that surprises teammates and our members
Create an environment of ownership where you strive to exceed expectations
Coach your team to excel in their roles at the Credit Union
Be an active representative for the Credit Union in the communities we serve
Be quick to take initiative, decisive, help wherever help is needed, and jump into whatever task is needed to get the job done
Review and recommend new methods and procedures to ensure the delivery of top quality service to members
Drive operational effectiveness through process improvements
Assure consistency with compliance to policies and regulations
Actively participate in strategic planning activities by proactively driving new strategies to anticipate and plan for future Credit Union and member needs, member/product needs, and ensure all staff understands the overall vision in regards to the strategic goals.
Participate as an active member of the Credit Union leadership team
Directly supervises Lending managers and staff
Qualification Requirements
Advanced knowledge of the Credit Union Movement
Bachelor's degree in Business Administration, Finance, or a related field preferred
A minimum of five years of consumer and mortgage lending experience within a Credit Union or related financial
Commercial lending experience highly preferred
Five years of progressively increasing responsibility within a Credit Union or related financial
Masters level financial institution training a plus (CUNA Management School, CUES Schools, etc.)
Excellent communication skills in both oral and written disciplines
Excellent attention to detail
A desire to make a difference in our members' lives
Physical Demands
While performing the duties of this job, it is regularly required to sit and use hands to operate a computer, telephone, calculator, and other pieces of office equipment
There are frequent requirements to speak and listen
There is occasionally a need to lift and/or move up to 25 pounds
Specific vision abilities required by this role include the ability to adjust focus
Work Environment
The noise level in the work environment is moderate
Occasionally work related travel may be required
The above statements reflect the general detail necessary to describe the major functions of the role described and is not intended to be a detailed description of all the duties that may be required.