Vice President of Lending

Zealcu; Michigan; On-site; USD 150,000 - 230,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k)

Life Insurance

Health Savings Account

Flexible Spending Account

Paid Time Off

Job summary

Zeal Credit Union in Livonia, Michigan is seeking a Vice President of Lending to shape our lending strategy for consumer, mortgage and commercial portfolios. This onsite role leads the lending team, hires and mentors staff, and develops compliant policies to enhance member experience and financial outcomes.

You will drive loan origination and servicing improvements, set performance targets, monitor operations, and collaborate across departments.

Qualifications

• 7–10 years of lending and leadership experience.
• Knowledge of the secondary market and first/second mortgage residential real estate lending.
• Proficiency with lending regulations.
• Experience in budgeting and cross‑department collaboration.
• Strong verbal and written communication skills.
• Ability to organize and analyze financial information and perform complex calculations.
• Attention to detail and punctual onsite attendance.

Responsibilities

• Oversee Consumer, Mortgage, and Commercial lending functions and lead the lending department staff.
• Hire, train, and manage performance of lending team.
• Develop policies that ensure regulatory compliance and improve member satisfaction.
• Drive originations and servicing improvements through technology and process optimization.
• Set target goals, mentor staff, and monitor loan operations to meet objectives.
• Monitor industry trends, assess risk, and evaluate new lending products for competitiveness.
• Budget oversight and cross‑department collaboration to support lending initiatives.

Skills

Lending leadership

Financial analysis

Regulatory knowledge

Budget management

Communication skills

On-site leadership

Education

Bachelor's Degree in Business Administration or related field

Job description

Join Zeal Credit Union as the Vice President of Lending and elevate your career to a new level. This is an onsite role located at our corporate headquarters in Livonia, Michigan and is an exciting opportunity to lead a dynamic lending team that prioritizes member needs and innovative solutions. In a culture that values collaboration and high performance, you will drive strategic initiatives that shape our lending practices while promoting an environment that encourages both enjoyment and creative thinking. As a key player, your empathetic leadership will empower others to navigate challenges effectively, making a tangible impact on our members' financial journeys. You will be given great benefits such as Medical, Dental, Vision, 401(k), Life Insurance, Health Savings Account, Flexible Spending Account, and Paid Time Off. Embrace this chance to be a part of a forward-thinking organization that values character and passion in every endeavor.

Seize the opportunity to make a difference within a thriving credit union community.

What would you do as a Vice President of Lending?

The Vice President of Lending at Zeal Credit Union plays a pivotal role in shaping the organization's lending strategy and ensuring its alignment with our mission and goals. This position oversees Consumer, Mortgage, and Commercial lending functions while leading the lending department staff through effective hiring, training, and performance management. The VP collaborates in strategic planning, developing policies that comply with regulations and enhance member satisfaction. By championing member-centric processes and leveraging technology, you will optimize loan origination and servicing systems. Additionally, you will set target goals, provide mentoring, and monitor loan operations to achieve strategic objectives.

Staying informed on industry trends and risks is crucial for adapting lending practices, while also evaluating new lending products for competitiveness. This role entails budget oversight, vendor management, and cross-departmental collaboration to ensure the success of lending initiatives and drive member engagement.

What we're looking for in a Vice President of Lending

To excel as the Vice President of Lending at Zeal Credit Union, candidates should possess 7 to 10 years of lending and leadership experience, along with a Bachelor's Degree in Business Administration or a related field. A deep understanding of the secondary market and a proven track record in first and second mortgage residential real estate lending are essential. Proficiency in navigating lending regulations, along with experience in budget management, will be critical to ensuring compliance and operational efficiency. Strong verbal and written communication skills are required for effective collaboration and reporting, while excellent organizational abilities and attention to detail are necessary to oversee complex financial information and calculations.

Candidates should also demonstrate strong analytical and problem-solving skills, and have a thorough understanding of lending and collection regulations, lien laws, and loan documentation. This combination of skills will enable the VP to lead the lending department successfully and achieve strategic objectives.

Knowledge and skills required for the position are:

• 7 to 10 years of lending and leadership experience
• Bachelor's Degree in Business Administration or related field
• Knowledge of the secondary market and experience with first and second mortgage residential real estate lending and must have proven track record of selling and servicing loans
• Working knowledge of regulations affecting lending
• Experience in budget management.
• Excellent verbal and written communication skills
• Ability to organize and analyze financial information and to accurately perform complex financial calculations.
• Excellent organizational skills and attention to detail
• Strong analytical and problem-solving skills
• Thorough and detailed understanding of lending and collection/bankruptcy regulations lien laws and loan documentation
• Punctuality and regular onsite attendance

Zeal Credit Union is committed to a policy of equal treatment and opportunity in every aspect of its relations with employees, without regard to race, sex, color, religion, gender identity, sexual orientation, height, weight, national origin, citizenship status, age, military or veteran status, or disability, or any other classification protected by applicable federal, state or municipal law. Applicants may request accommodation during the application process by contacting 800-321-8570 or [e-mail].