Senior Commercial Lending Leader: Portfolio & Underwriting

WMCU; Grand Rapids (MI); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

Competitive salary

Healthcare, dental, vision, life, STD,

Health Savings Account with company

401K with up to 9% company matches

Paid time off (10 holidays, vacation,…

Education reimbursement

Annual merit raises

Employee Assistance Program

Job summary

WMCU is seeking a detail-oriented and strategic VP of Commercial Lending in Grand Rapids, MI. You will lead the business lending portfolio, provide guidance on credit decisions, and ensure compliance with NCUA and related regulations.

You will interview loan applicants, gather financial information, analyze credit reports, and monitor portfolio performance. This role combines strategic leadership with hands-on underwriting and process improvement to support member needs and organizational goals.

Qualifications

• Bachelor’s degree in business, Finance, Accounting, or related field (required); Master’s degree preferred.
• 7–10 years of experience in commercial lending, business banking, or financial services, preferably in a financial institution or credit union.
• 3–5 years of leadership or management experience within a financial institution preferred.
• Strong experience in credit analysis, underwriting, and commercial loan portfolio management.
• Knowledge of credit union or banking regulations, including NCUA, BSA/AML, and related compliance requirements.

Responsibilities

• Deliver exceptional service to members and employees consistent with WMCU's mission, vision, and core values.
• Interview business loan applicants and gather financial, credit, and background information.
• Assist members through the business loan application process and ensure complete, accurate documentation.
• Obtain and analyze credit reports, verify debts, and calculate debt-to-income ratios and debt exposure.
• Evaluate borrower information and make lending recommendations based on underwriting analysis.
• Review and process business loan refinances and modifications of existing loans.
• Ensure all business lending activities comply with internal policies, procedures, and regulatory requirements.
• Monitor the business loan portfolio, including loan volume, covenant compliance, liens, review dates, and financial reporting requirements.
• Work with management and compliance teams to maintain effective internal controls and regulatory compliance.
• Maintain knowledge of applicable federal and state lending regulations, including NCUA, BSA/AML, and OFAC requirements.
• Verify loan documentation, repayment terms, and coordinate funding and closing activities for approved loans.
• Provide guidance on business lending matters, resolve member concerns, and explain loan denials when necessary.
• Support collection efforts on business loan accounts in partnership with the collections department.
• Promote and cross-sell business products and services to meet member needs and support organizational goals.
• Manage business lending vendor relationships, support Business Lending Committee activities, and recommend tools and resources that enhance lending operations.
• Exhibits confidence in self and others; Inspires and motivates others to perform well. Effectively influences actions and opinions of others.
• Support team members by building their confidence and motivating them to do their best. Recognize those who have performed at a high level.

Skills

Leadership/management

Credit analysis

Underwriting

Portfolio management

Regulatory knowledge

Education

Bachelor's degree in business/Finance/Accounting/related field

Master’s degree preferred

Job description

WMCU is seeking a detail-oriented and strategic VP of Commercial Lending in Grand Rapids, MI. You will lead the business lending portfolio, provide guidance on credit decisions, and ensure compliance with NCUA and related regulations.

You will interview loan applicants, gather financial information, analyze credit reports, and monitor portfolio performance. This role combines strategic leadership with hands-on underwriting and process improvement to support member needs and organizational goals.