Job Description

POSITION TITLE: VP, Lending
REPORTS TO: SVP, Lending and Risk Management
PAY GRADE: 16
DEPARTMENT: Lending
FLSA STATUS: Exempt
LOCATION: Hybrid

PURPOSE:

The primary purpose of this position is to fulfill our vision of inspiring financial wellness. The position must deliver high quality service to both internal and external members by supporting and promoting our values to Care, Listen, Learn, Solve, and Act.
The primary purpose of this position is to develop a highly effective team of employees and developing each employee to their highest potential through coaching and leadership. The VP, Lending is responsible for developing, monitoring and maintaining the strategies that will establish and advance FCFCU's Loan Portfolio. In addition to these strategies, the VP, Lending will coordinate the review of FCFCU's loan quality trends and provide appropriate input to the leadership team, and as appropriate the Lending Committee or Board of Directors.
The VP leads, manages and holds accountable the AVP, Consumer Lending Operations, the AVP, First Mortgages, and the AVP, Consumer Underwriting for achievement of Credit Union objectives.

ESSENTIAL DUTIES:

Leads, manages, and holds staff accountable. Responsible for the development and training of staff, ensuring staff are well trained in all phases of their jobs. Administers annual, monthly, and in-moment coaching and review of employee performance. Sets goals for the upcoming month and develops plans to improve employee performance Train and supervise lending staff. Assign, direct, coordinate and review work performed by staff Effectively operates department and staff goal setting and meeting structure within EOS framework, to include establishment of regular recurring L10 meetings, goal setting and people analyzer tools to support right people right seat strategies. Develops loan policies, procedures, guidelines, loan goals and loan products (in accordance with standards established by the leadership team and the Board of Directors) Develops goals annually, tracking results and holding employees accountable Monitor actual and budget expenses to ensure variances are contained within Credit Union tolerance levels Create, recommend and implement efficiency improvements that will save money, save time or result in additional revenues



Participate on Board / Management Committees that includes, but not limited to, Lending and Pricing Committees. Coordinate meeting schedule and agenda with committee chairperson as required Responsible for preparation of committee reports, including the agenda, and all relevant supporting data May be asked to attend Board meetings. Coordinate preparation of the written reports for the Board meeting. Conduct oral presentations at the Board meeting as required Assist leadership team, Board of Directors, and management in developing strategic plan. Participates in Board/Management strategic planning sessions. Actively work towards achieving strategic goals Interacts with credit union vendors and business partners. Analyze vendor data and service levels for compliance with contractual requirements. Negotiate timely, favorable contractual terms with existing and potential vendors. Complete due diligence and make recommend contracts for approval Monitor loan applications for quality and potential business opportunities to ensure loan quality and quantity goals are met Knowledgeable about the automated lending systems used by the Credit Union by creating and developing reports to determine the system's performance Be the primary consumer lending officer for the Credit Union Make recommendations to the Board of Directors for loans to Board Members, Supervisory Committee Members or President/CEO Maintain good communication with lending and Member Solutions personnel Leads the Credit Union initiative of "Keeping Members in their Home" within the guidelines of the National lending initiatives dealing with Trouble Assets Knowledge of the Secondary Marketing requirements including of FHLBI, Fannie Mae, and Freddie Mac, USDA, for FHA and VA lending Primary consumer lending contact with the Credit Unions Regulators (NCUA and Indiana DFI) during regulatory exams. Adhere to all Credit Union lending policies and procedures with every loan request Support relationship lending and pricing program and make credit decisions Become and remain knowledgeable of all Credit Union services and products Develop and implement new products and services Manage and recommend pricing and fee changes to leadership team Become and remain knowledgeable of regional and national lending environment Participates in community events and charities that are critical to the Credit Union's mission of giving back to the community When assigned, employee is to participate and complete applicable required training or compliance certification. Maintain applicable certifications.

REQUIRED BACKGROUND:

Bachelor's degree such as Finance, Business Admin or Business Intelligence and/or equivalent work experience is preferred A minimum of 5-8 years of successful executive experience in leading and/or developing lending programs and assigned staff. This experience should include, but not be limited to, training, staff motivation and mentoring Should have experience, and have executed a leadership role in, lending areas, Consumer (direct and indirect), Home Equity and Mortgage, by attaining specific lending objectives. Must have working knowledge and skills using computers, and ability to achieve proficiency in the use of basic Microsoft Office applications (Word, Excel, PowerPoint and Access) and other standard office equipment Strong verbal and written communication skills. Strong interpersonal and customer service skills. Ability to be resourceful, perceptive and persuasive when solving problems. Displays, diplomacy, patience and tact when dealing with members and staff Ability to function in a goal-oriented atmosphere Detail oriented with ability to adapt quickly in a fast-paced environment. Excellent organizational skills with the ability to concentrate exercise sound judgement, think critically, and manage risk within acceptable tolerances. Familiarity with State and Federal lending regulations pertaining to credit unions

ADA REQUIREMENTS

Physical Requirements
Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in emergency situation. Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 4-6 hours per day. Must be able to work extended hours whenever required or requested by management. Must be capable of regular, reliable and timely attendance.
Working Conditions
Must be able to routinely perform work indoors in climate-controlled private office with minimal noise.
Mental And/Or Emotional Requirements
Must be able to perform job functions independently and work effectively both on own and as part of a team. Must be able to plan and direct the work activities of self and others. Must be able to read and carry out various complicated written and oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters