Consumer Lending Manager

Beginnings Credit Union; Town of Ithaca (NY); On-site; USD 76,900 - 90,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

401(k)

Tuition assistance

Disability insurance

Job summary

A regional credit union in New York is seeking a Consumer Lending Manager to oversee operations focusing on underwriting and funding processes. The successful candidate will supervise teams, develop the loan portfolio, and interact with various departments. Requirements include three to five years of underwriting experience, two to three years of management experience, and a relevant degree. This is a full-time position that offers a pay range of $76,900 to $90,000 per year, along with various benefits including medical and tuition assistance.

Qualifications

• Three to five years of consumer lending underwriting experience.
• Minimum two to three years of management experience.
• Ability to manage multiple tasks concurrently in an efficient manner.
• Excellent judgement and decision-making abilities.

Responsibilities

• Monitor and oversee all Consumer Lending department operations.
• Meet with direct reports monthly to review performance.
• Establish and deliver annual goals that align with Credit Union goals.
• Work with internal departments to strengthen cross-departmental relationships.
• Manage a competitive Indirect Lending Program with dealer relationships.
• Generate, maintain and analyze monthly reports for loan growth and productivity.
• Lead teams to create efficiencies and implement new processes.
• Underwrite/Process loans in accordance with the Consumer Loan Policy.

Skills

Consumer lending underwriting experience

Management experience

Strong oral and written communication skills

Proficient in Microsoft Word and Excel

Decision-making abilities

Ability to manage multiple tasks

Relationship building

Education

Two-year college degree or specialized course

Job description

Consumer Lending Manager

Beginnings Credit Union provided pay range

This range is provided by Beginnings Credit Union. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$76,900.00/yr - $90,000.00/yr

Beginnings Credit Union (Beginnings) is seeking a Consumer Lending Manager, who will lead and supervise the Consumer Lending and AutoConnection teams to ensure daily activities related to underwriting, processing and funding of applications are compliant with Credit Union policies, procedures and government regulations. The successful candidate will monitor daily production of loans, meet with staff regularly to review individual performance compared to established goals and mentor for ongoing development. Contribute to the quality and growth of the Credit Union’s consumer loan portfolio and ensure processes and procedures promote efficiency and positive member, staff and dealer experiences.

Responsibilities:

• Monitor and oversee all Consumer Lending department operations with regards to training, underwriting, processing and funding of direct and indirect auto loans
• Meet with direct reports at a minimum, monthly, to review performance, expectations, provide support and hold staff accountable for accomplishing goals and assigned tasks
• Establish and deliver goals to staff annually that contribute to and align with the strategic goals of the Credit Union
• Work directly and indirectly with internal departments to strengthen knowledge, provide support related to lending items and maintain effective cross-departmental relationships
• Partner with the Indirect Lending Sales Rep to maintain a competitive and profitable Indirect Lending Program, manage dealer relationships and agreements, providing support as needed in person, by phone or electronically and promote use of credit union’s products and services.
• Generate, maintain, analyze and provide various monthly reports for organizational loan growth, staff productivity and portfolio performance for direct and indirect loans.
• Participate on teams to create efficiencies and lead or assist with the implementation of new processes, technology and departmental changes.
• Underwrite/Process loans in accordance with the Consumer Loan Policy.
• Perform other job-related duties as assigned.

Requirements:

• Three to five years of consumer lending underwriting experience.
• Minimum two to three years of management experience.
• (1) A two-year college degree or (2) Completion of a specialized course of study at a business or trade school or (3) Completion of a specialized and extensive in-house training or apprenticeship program.
• Ability to manage multiple tasks concurrently in an efficient and effective manner.
• Strong oral and written communication skills.
• Proficient in technology including Microsoft Word and Excel.
• Excellent judgement and decision‑making abilities.
• Ability to build relationships within and outside the credit union.

Equal employment opportunity has been and will continue to be a basic principle at the Credit Union. Beginnings provides equal employment opportunities, without discrimination because of race, color, religion, creed, sex, sexual orientation, gender identity or expression, pregnancy, marital status, age, national origin, citizenship, handicap or disability, veteran or military status, political beliefs, victim of domestic violence status, familial status, or predisposing genetic characteristics or status, or any other status protected by federal, state, local or other law. This policy includes, but is not limited to recruitment, hiring, compensation, training, and apprenticeship, promotion, upgrading, demotion, downgrading, transfer, lay‑off and termination, and all other terms and conditions of employment.

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

• Management
• Finance
• Business Development

Industries

Banking

Inferred from the description for this job

• Medical insurance
• Vision insurance
• 401(k)
• Tuition assistance
• Disability insurance