VP/Commercial Credit Manager

TruStone Financial Credit Union; Plymouth; On-site; USD 109,000 - 137,000; Full time

Job summary

An established industry player in financial services is seeking a dedicated professional to lead credit administration and loan underwriting in their Commercial Lending department. This role requires extensive experience in commercial lending, risk analysis, and compliance with regulatory standards. The ideal candidate will have a strong background in credit risk management and excellent communication skills. With a commitment to empowering members' financial well-being, this organization offers a dynamic work environment and a comprehensive benefits package, including competitive salary, health insurance options, and generous paid time off. Join a team that values your contributions and supports your professional growth!

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Time Off

Paid Holidays

401(k) with Employer Match

Short and Long Term Disability

Life Insurance

Tuition Reimbursement

Employee Discounts

Qualifications

• 7+ years in commercial lending with strong credit administration skills.
• 3+ years of management experience preferred.

Responsibilities

• Manage credit administration and loan underwriting functions.
• Coordinate loan review activities and evaluate credit risk.

Skills

Credit Administration

Loan Underwriting

Risk Analysis

NCUA Regulations

Management Skills

Communication Skills

Microsoft Office

Education

Bachelor's Degree

Relevant Work Experience

Tools

Microsoft Office

Job description

WHO WE ARE:
TruStone Financial is a full-service, member-owned credit union that provides simple yet competitive financial tools to empower our members' financial well-being. Founded by teachers in 1939, TruStone Financial has since grown to the second-largest credit union in Minnesota and our 550+ employees serve more than 200,000 members across 23 locations in Minnesota and Wisconsin. Our vision is to create exceptional financial experiences, and to do that we need our exceptional people! Join our growing team and help us deliver on our mission to engage, educate and inspire our members to achieve lifelong financial well-being.

WHAT YOU'LL DO:
This position is responsible for the credit administration, loan underwriting and loan review functions of the Commercial Lending department. These functions include the establishment, maintenance and execution of the MBL Policy and MBL Procedures with sufficient controls to maintain adequate asset quality and loan concentrations. This position is responsible for the supervision, implementation and review of the Appraisal and Environment Policies; the coordination of loan review activities designed to evaluate credit risk and maintain the integrity of the credit risk rating system; the coordination and monitoring activities with lending staff and external parties, including regulators and auditors; review of credit requests before sending to committee; and to provide necessary reports to management relating to the commercial loan portfolio.

WHAT YOU'LL BRING:
Availability to work 40 hours per week Monday through Friday between the hours of 8:00am - 5:00pm at our Plymouth Corporate Office; exempt.

In addition:

• Bachelor's degree or equivalent, relevant work experience.
• 7+ years of experience in a commercial lending environment with strong knowledge in credit administration, loan review, risk analysis, NCUA regulations, loan workout, environmental and appraisal review areas.
• 3+ years of management experience, preferred.
• Excellent verbal and written communication skills.
• Previous PC experience, to include working knowledge of Microsoft Office, Internet, and e-mail.
• Compliance with the Bank Secrecy Act and all its provisions.
• Ability to pass a pre-employment drug test and various background checks.
• Regular and reliable attendance at the workplace.

WHAT WE OFFER:

The salary range for this position is $109,000 to $136,500.00 per year. In addition, we offer:

• Competitive pay and incentive programs for all positions.
• Health insurance with the ability to choose which plan option is best for you - a Traditional Health Plan or Health Savings Plan.
• Affordable dental and vision insurance coverage.
• Earn 22 days of paid time off annually for full-time employees with an equivalent accrual for part-time employees - and, the longer your tenure, the more PTO you'll have to enjoy.
• 10+ paid holidays each year.
• Up to 16 hours of paid time annually to volunteer for organizations you are passionate about.
• 401(k) with 50% employer match on the first 6% you contribute - plus, after one year of service, an additional 3% safe harbor employer contribution that is immediately 100% vested regardless if you are contributing or not.
• Eligibility for profit sharing opportunities in the form of a contribution to your 401(k) account.
• Employer-paid Short Term and Long Term Disability benefits.
• Employer-provided life insurance up to 2.5x your base salary with the option to purchase additional coverage for yourself, spouse and eligible dependents.
• Reimbursement for higher education expenses of up to $5,250 per calendar year (including tuition, books and activity fees).
• Career development opportunities - including our STEP job shadow program, TruStone Academy certification courses, Mentorship Program and more.
• Special employee discounts when you join TruStone Financial as a credit union member.
• Employee activities, events, discounts, and many other great benefits and perks!

TruStone Financial Credit Union is an Affirmative Action and Equal Opportunity Employer of Protected Veterans, Individuals with Disabilities and all Protected Classes.