Director of Lending

Illinois Educators Credit Union; Springfield (IL); Sur place; USD 110 000 - 150 000; Plein temps

Avantages offerts par ce poste

401k Matching

Paid Holidays

Paid Time Off

Health Insurance

Life Insurance

Disability Insurance

Tuition Reimbursement

Infant-To-Work

Community Volunteer Program

Wellness Program

Résumé du poste

Illinois Educators Credit Union is seeking a Director of Lending to oversee Lending and Collection operations, implement department policies, ensure compliance, and focus on member service. You will lead the Lending team, analyze market trends, drive growth, review loan documentation, and build industry relationships while maintaining risk controls.

This in-office role requires 5+ years in lending, with NMLS designation preferred; a Bachelor's degree in finance or related field is a plus;

Qualifications

• 5+ years in financial or lending management position.
• Demonstrated ability to lead, coach and develop staff with measurable production growth.
• Strong knowledge of credit risk management, loan documentation, compliance and collection practices.
• Strong communication, collaboration and relationship-building skills with industry products and software applications.
• Ability to hold an NMLS designation.

Responsabilités

• Lead the Lending team with goal setting and initiatives for loan portfolio management, budgeting, compliance and risk management.
• Develop and maintain department procedures and policies to support growth and performance goals, including coaching and development of staff.
• Support strategic goals by partnering with Operations to drive sales growth, efficient loan production and member-focused services.
• Ensure regulatory compliance of loan documentation and internal policies with underwriting standards.
• Maintain industry connections, participate in training opportunities, community events and board meetings as requested.
• Guide credit practices and risk management of collections, manage vendor relationships and monitor delinquency trends.

Connaissances

Leadership

Communication

Staff development

Relationship building

Formation

Bachelor's degree in Finance/Accounting/Operations

Associates degree or certifications or equivalent

Outils

Lending software

Description du poste

Who We Are...

Our members come from all different walks of life and so do we. We hire great people from a variety of backgrounds in experience and education to make our Credit Union strong. We stand strong in our beliefs of making members' money, saving members' money and saving members' time. See why a Credit Union is better at IECU.

Your Role...

The Director of Lending is responsible for management of the Lending and Collection operations. This role is responsible for implementing department procedures and policies and oversees compliance while maintaining a focus on member service. This position will provide oversight for overall loan management, meet annual strategic growth goals, analyze market trends and recommend product and service improvements. Build and maintain a network of industry contacts, review department policies and procedures to ensure best practices for overall growth and development of the Lending team.

Key Responsibilities

• Lead the Lending team with goal setting and initiatives related to key measurement for loan portfolio management. Prepare and review periodic reporting of the loan portfolio and appropriate ratios to meet established goals including annual budgeting, compliance and risk management. Maintains an understand of products and services along with the industry standard financing to provide sound advice to membership.
• Develop and maintain department procedures and policies to support department growth, productivity and performance goals for the Lending team including mentoring, coaching and developing the team through scheduled performance reviews and development of individual team members.
• Support strategic goals of the Credit Union partnering with the Operations team to support overall sales growth, efficient loan production and continued member-focused services.
• Ensure regulatory compliance of required loan documentation and internal policies with an understanding of underwriting standards.
• Actively work to maintain industry related referral sources to support department growth and achieve established goals. Participate in industry training opportunities, community events and board meetings as requested.
• Guide procedures of credit practices and risk management of collection activities with a focus on effective resolutions of delinquent accounts. Manage vendor relationships with third-party collection assignments and recoveries with outside representatives. Monitor performance and compile periodic reports related to loan portfolio, delinquency trends and key industry metrics.
• Support Audit review requests and support documentation as requested. Maintain compliance with all Federal and State regulations. Support fraud prevention to minimize risk for Credit Union membership.
• Perform other duties as assigned to support the department activities.

Qualifications...

Our desired candidate will have 5+ years in financial or lending management position, possess interpersonal and communication skills with a mindset for serving and building member relationships. Demonstrated ability to lead, coach and develop staff with measurable success in production growth. Candidates should possess a strong knowledge of credit risk management, loan documentation and compliance and collection practices. Strong communication, collaboration, and relationship building skills with working knowledge industry products and software applications. Ability to hold NMLS designation.

Associates degree or recognized industry certifications or work experience as equivalent. Bachelor's degree in Finance, Accounting, Operations Management or related field preferred.

This in an in-office position, available for occasional evening/weekend work and work related travel.

The Benefits

• 401k Retirement/Matching Program with up to 4% matching
• Paid Holidays
• Paid Time Off - accrued monthly
• Health/Dental/Vision Insurance - eligible 1st of month after 60 days
• Life Insurance - eligible 1st of month after 60 days
• Disability Insurance - eligible 1st of month after 60 days
• Tuition Reimbursement on pre-approved work related coursework
• Infant-To-Work Program
• Community Volunteer Program
• Wellness Program

We provide equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity , disability, veteran status, or other categories protected by law.