Vice President Commercial Lender - Grand Rapids, MI

Lake Michigan Credit Union; Town of Glenwood (WI); On-site; USD 120,000 - 165,000; Full time

Benefits offered by this job

Weekly pay

Retirement savings options

Health coverage

Parental leave

Tuition reimbursement

Job summary

Lake Michigan Credit Union in Grand Rapids, MI is seeking a Vice President Commercial Lender to drive loan production, grow the loan portfolio, and expand depository relationships with existing and new members.

You will focus on relationship management, delivering financial solutions, and supporting members' business objectives while ensuring compliance with lending regulations.

Qualifications

• Bachelor’s degree in Business, Finance, Economics, or related field.
• Five+ years of experience in commercial lending, with proven success in portfolio management and business development.
• Thorough knowledge of commercial lending policy, depository services, credit union/banking operations.
• Solid financial analysis capabilities and understanding of financial statements.
• Excellent communication and interpersonal skills.
• Active involvement in community and industry organizations preferred.

Responsibilities

• Relationships and Loan Portfolio Growth for Existing Customers: Build and maintain a strong pipeline of commercial lending opportunities to support portfolio growth.
• Loan Portfolio Management and Maintenance: Monitor the commercial loan portfolio to ensure strong credit quality and handle past-due credits and non-performing loans.
• Loan Structuring, Processing, and Closing: Evaluate loan requests, gather necessary documents, and coordinate with Credit team for closing and compliance.

Skills

Relationship management

Portfolio management

Credit analysis

Communication skills

Industry knowledge

Education

Bachelor's degree in Business, Finance, Economics, or related field

Job description

Job Title: Vice President Commercial Lender

Primary Location: 5540 Glenwood, Grand Rapids, MI

Employee Status: Full-time salary

Workplace Type: Fully On-Site

Who we are: At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.

About this position

The Vice President Commercial Lender is responsible for commercial loan production, loan portfolio growth, and the expansion of depository relationships with both existing and new members. This role focuses on relationship management, delivery of financial solutions, and support of members’ business objectives.

Key Responsibilities

• Relationships and Loan Portfolio Growth for Existing Customers
  Build and maintain a strong pipeline of commercial lending opportunities to support portfolio growth.
  Develop a thorough understanding of members’ businesses, including their operations, financial performance, and strategic objectives.
  Manage and deepen existing member relationships by identifying opportunities to cross-sell deposit products and other financial services.
  Provide members with insights, industry knowledge, and market trends to support informed business decisions.
• Loan Portfolio Management and Maintenance
  Monitor the commercial loan portfolio to ensure strong credit quality, including oversight of past-due credits, non-performing loans, loan servicing, and the resolution of outstanding loan conditions.
  Conduct regular member meetings on a quarterly to semi-annual basis to assess performance and identify new lending opportunities.
• Loan Structuring, Processing, and Closing
  Evaluate member loan requests and make preliminary assessments of creditworthiness and feasibility.
  Gather and analyze required documentation, including financial statements and project-related information.
  Collaborate with the Credit team to obtain additional information or clarification needed for loan approval and closing.
  Coordinate internal and external resources to ensure timely and efficient loan processing and execution of loan documents.
  Ensure full compliance with all federal and state lending regulations, LMCU policies, and risk management standards.

What you’ll bring

• Bachelor’s degree in Business, Finance, Economics, or related field.
• Five+ years of experience in commercial lending, with proven success in portfolio management and business development.
• Thorough knowledge of commercial lending policy, depository services, credit union/banking operations.
• Solid financial analysis capabilities and understanding of financial statements.
• Excellent communication and interpersonal skills.
• Active involvement in community and industry organizations preferred.

What you’ll get

• All Employees: weekly pay and retirement savings options.
• Full Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.

To see a full list of our benefit offerings, check out this helpful guide!

Equal Opportunity

LMCU is an Equal Opportunity Employer

LMCU is an Equal Opportunity Employer

Lake Michigan Credit Union is fundamentally different than a bank, both in our structure and mission. Our goal has always been to do what is best for our members. This approach guides every decision we make and every service we offer. As a credit union, our goal isn't to generate profits for shareholders, it’s to improve the lives of our members.

LMCU is consistently rated in the top ten in the nation for Return of the Member by Callahan & Associates, meaning we give back more to our members in the form of higher rates when they save and lower rates when they borrow. At LMCU, the emphasis on delivering real value to our members has been job one, since day one. As one of the largest credit unions in the nation for several years running, LMCU has earned many awards and accolades such as inclusion as one of the 101 Best and Brightest Companies to Work For Nationally and being recognized by Forbes as a Great Place to Work.

As an employee, you'll enjoy a stimulating, professional atmosphere, supported by the latest technology, training, and development. We recognize that a healthy balance between work, home life, and play is essential to our employees and our success. We offer a friendly, respectful and inclusive work environment, fun employee activities and rewarding community involvement opportunities. You’ll love working here at Lake Michigan Credit Union!

LMCU is an Equal Opportunity Employer