Chief Lending Officer

Sunmark Federal Credit Union Inc.; Latham (NY); On-site; USD 200,000 - 230,000; Full time

Job summary

Sunmark Federal Credit Union Inc. in Latham, NY, seeks an accomplished lending executive to shape the loan portfolio and drive growth.

You will lead lending across consumer, mortgage, and business loans, ensuring sound risk practices and policy compliance while partnering with leadership to deliver exceptional member service. This role requires 10+ years in lending leadership within financial institutions, a strong grasp of regulations, and a track record of staff development.

Qualifications

• Bachelor's degree in Finance, Business, or related field.
• MBA preferred for leadership roles.
• Minimum 10 years progressive lending experience, with leadership in a credit union or financial institution.
• Strong knowledge of lending regulations, policies, and loan operations.

Responsibilities

• Directs all lending activities, including consumer, home equity, mortgage, and business loans; evaluates lending practices and policies.
• Leads, coaches, and develops staff; ensures training and resources for effective performance.
• Manages staffing, coaching, recruitment, salary reviews, promotions, transfers, and disciplinary decisions.
• Oversees credit investigations, delinquencies, repossessions, bankruptcies, and related reporting.
• Attends Sunmark Board of Directors meetings and participates in ALCO, Executive Leadership Team, and QC Committee meetings.

Skills

Leadership

Strategic thinking

Communication

Coaching

Decision-making

Confidentiality

Education

Bachelor's degree in Finance/Business

MBA preferred

Job description

Latham (Headquarters)
1187 Troy Schenectady Road
NY01
Latham, NY 12110, USA

Description

Our Executive Leadership Team is growing! We are seeking an accomplished lending executive to help shape the future of our loan portfolio. This strategic leader will bring deep expertise in lending, portfolio growth, credit discipline, and relationship development—partnering across the organization to drive sustainable growth, strengthen member and business relationships, and support long‑term organizational success.

Compensation

Starting pay is $200,000–$230,000 annually, commensurate with experience.

What You’ll Do

• Directs all credit union lending activities, including consumer, home equity, mortgage, and business loans; evaluates lending practices and policies.
• Leads, coaches, and develops staff, ensuring employees have the training and resources needed to perform effectively.
• Manages staffing and employee relations, including coaching, corrective action, recruiting, salary reviews, promotions, transfers, and disciplinary decisions.
• Oversees credit investigations, delinquency collections, repossessions, bankruptcy proceedings, and related account reporting.
• Attends regularly scheduled Sunmark Board of Directors meetings.
• Develops lending procedures and internal policies; participates in ALCO, Executive Leadership Team, and Quality Control Committee meetings.
• Communicates lending strategies and procedures to management and operational staff; implements loan services to support credit union objectives.
• Provides lending guidance, financial counseling, and issue resolution to members while delivering exceptional service.
• Reviews approved loans daily to ensure sound lending practices and policy‑compliant disbursements.
• Audits approved loans for compliance with Board lending guidelines, documentation standards, and regulatory requirements.
• Oversees month-end, year-end, loan, and collection reporting.
• Participates in short- and long-term strategic planning and communicates supporting strategies to management and staff.
• Prepares, implements, and manages Lending team budgets in alignment with credit union strategy.
• Develops lending products, improves loan processes, and drives departmental profitability and growth.

What We’re Looking For

• Bachelor’s degree in Finance, Business, or a related field required; MBA preferred.
• Minimum 10 years progressive lending experience, including leadership experience in a credit union or financial institution.
• Strong background in business, mortgage, and/or consumer lending, including underwriting, portfolio management, risk, compliance, and loan operations.
• Solid knowledge of lending regulations, policies, documentation, and credit union best practices.
• Strong communication, coaching, decision‑making, and problem‑solving skills with a high level of professionalism and confidentiality.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
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