VP Commercial and Business Lending

Teachers Federal Credit Union; Hauppauge (NY); On-site; USD 220,000 - 270,000; Full time

Benefits offered by this job

Annual bonus program

Paid time off

401(k) company contribution

Dental & Vision premiums paid

Tuition reimbursement for full-time

Loan discount for employees

Job summary

Teachers Federal Credit Union in Hauppauge, NY seeks a leader to head commercial lending. You will guide lending strategy, oversee a portfolio of loans, and drive growth while ensuring regulatory compliance and high-quality service.

The role requires extensive lending experience, strong analytical and leadership abilities, and a track record of managing teams. Join a mission-driven organization with competitive benefits and opportunities for advancement.

Qualifications

• Bachelor's degree in a related field required.
• Ten years of lending experience with at least five years in management.
• Knowledge of lending principles, federal/state regulations, collections, policies, bankruptcy and automated lending systems.
• Proficiency in Microsoft Excel and Word required.
• Strong oral and written communication, interpersonal, management, negotiating, analytical, problem-solving and multitasking skills, and detail orientation required.

Responsibilities

• Establish lending objectives, targets, strategies, and practices to achieve financial, growth, and service goals.
• Seek out new business opportunities and develop strategies to expand existing business.
• Manage maintenance and servicing of existing commercial loan portfolio.
• Conduct thorough financial analysis of prospective borrowers including income statements, cash flow projections, and credit reports.
• Design customized loan packages including loan amount, rates, terms, and collateral requirements.
• Evaluate loan applications, assess risks, and make lending decisions within policies.
• Monitor loan portfolios with regular financial updates and proactive risk management.
• Maintain ongoing client communication and exceptional service.
• Prepare loan documentation and coordinate with legal counsel for regulatory-compliant closings.
• Adhere to regulatory requirements and internal risk policies.
• Build a high-performance lending team with coaching and development.

Skills

Excel

Word

Financial analysis

Credit knowledge

Communication skills

Education

Bachelor's degree

Job description

Brief Description

Join Our Team For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part‑time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.

Summary

Leads and manages commercial lending activity for Teachers.

Qualifications & Education

• Bachelor's degree in a related field required.
• Minimum of ten years of lending experience with at least five years of management experience
• Knowledge of lending principles and practices; federal and state lending regulations and requirements, collections practices, policies and procedures, bankruptcy and automated lending systems
• Proficiency in Microsoft Excel and Word required
• Strong oral and written communication, interpersonal, management, negotiating, analytical, problem‑solving and multitasking skills, and detail orientation required

Job Duties

• Establishes and manages lending objectives, targets, strategies, and practices to achieve organizational financial, growth, and service goals
• Seeks out new business opportunities and develops strategies to expand existing business
• Manages the maintenance and servicing of existing commercial loan portfolio.
• Conducts thorough financial analysis of prospective borrowers, including reviewing income statements, cash flow projections, and credit reports to determine creditworthiness
• Designs customized loan packages based on client needs, including loan amount, interest rates, repayment terms, and collateral requirements
• Evaluates loan applications, assessing risks, and making informed lending decisions within established credit policies
• Monitors existing loan portfolios, reviewing financial updates from borrowers, and taking proactive measures to manage credit risk
• Maintains ongoing communication with clients, addressing concerns, and providing exceptional customer service
• Prepares loan documentation, coordinating with legal counsel, and ensuring compliance with regulatory requirements during the loan closing process
• Adheres to all regulatory requirements and internal risk and operating policies and procedures
• Builds a high-performance lending team with individual coaching and professional development opportunities

Benefits Of Joining The Teachers Team

• This position is eligible for our annual discretionary bonus program. Some positions within the credit union also qualify for quarterly performance incentives.
• Paid time off for vacation, personal days, and holidays
• 401(k) company contribution
• Teachers pays 100% of Dental & Vision premium
• Tuition reimbursement is offered to full-time employees
• Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

The good faith range for this position is $220K to $270K annually. This range is an estimate based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.

To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers

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