VP of Consumer Lending

Saltee Co ^ Talent; Pensacola (FL); On-site; USD 150,000 - 230,000; Full time

Job summary

PenAir Credit Union in Pensacola, FL seeks a visionary VP of Consumer Lending to set strategy, oversee portfolio performance, and drive growth across direct, indirect, unsecured and credit card lending.

You will partner with executive leadership to balance yield, liquidity and asset quality while improving processes, enabling fintech partnerships, and enhancing member experience.

Qualifications

• 10 to 15 years of progressively responsible experience in consumer lending, including leadership experience overseeing consumer lending operations, strategy, and portfolio performance.
• Bachelor's degree in Business Administration, Finance, Banking, or a related field required. Advanced degree preferred.
• Must have in-depth understanding of and ability to interpret regulations affecting lending programs.

Responsibilities

• Ensure compliance with consumer lending regulations and policies.
• Develop and execute multi-year consumer lending strategies.
• Lead lending production, yield, and profitability targets.
• Monitor portfolio performance, underwriting quality, and risk.
• Drive automation and fintech partnerships to improve efficiency.

Skills

Consumer lending leadership

Regulatory compliance

Credit risk management

Strategy development

Leadership

Education

Bachelor's degree in Business Administration/Finance/Banking

Advanced degree preferred

Tools

Microsoft Office

Fintech tools

Credit decisioning tools

Job description

*Amazing Opportunity with PenAir Credit Union*

VP of Consumer Lending

Pensacola, FL

Postion Summary

The VP of Consumer Lending leads the strategic direction, growth, profitability, risk management, and operational performance of all consumer lending functions, including direct, indirect, unsecured, credit card, and other consumer loan products. Responsible for portfolio performance, loan production, credit quality, processes, regulatory compliance, and achievement of organizational lending objectives. Partners with executive leadership to develop lending strategies that support sustainable growth, asset quality, earnings, and balance sheet objectives while ensuring safety and soundness.

Major Duties and Responsibilities

• ^ Ensures the Credit Union is in compliance with all consumer lending regulations; maintains current and appropriate policies and procedures that ensure compliance with regulatory, legal and all program requirements. Works closely with Compliance and Risk Management to identify and mitigate consumer lending risks.
• ^ Develops and executes multi-year consumer lending strategies aligned with the Credit
• Union's strategic plan. Identifies emerging market opportunities, member needs, and
• competitive trends. Leads development of annual lending production, yield, penetration, and
• profitability targets. Assesses market conditions and adjusts lending programs to maintain
• competitiveness while achieving risk-adjusted return objectives. Establishes metrics for
• funded loan conversion, application pull-through rates, and member satisfaction.
• ^ Directs ongoing monitoring of consumer loan portfolio performance including delinquency,
• charge-offs, recoveries, concentrations, risk-adjusted returns, and underwriting quality.
• Analyzes portfolio trends and recommends changes to underwriting standards, pricing, loan
• structures, dealer relationships, and credit risk strategies. Partners with Risk Management,
• Finance, and ALM teams to balance loan growth, yield, liquidity, and credit quality objectives.
• Presents portfolio performance, lending trends, and strategic recommendations to executive
• management, ALCO, and Board committees.
• ^ Drives automation and process improvements to enhance efficiency, member experience,
• and scalability. Evaluates and implements fintech partnerships, credit decisioning tools, third
• party solutions, and other technologies supporting consumer lending growth and efficiency.
• Monitors and oversees key vendor relationships impacting consumer lending.
• ^ Provides leadership and development for consumer lending managers and teams. Builds
• succession plans for critical lending functions. Establishes performance expectations and
• accountability measures. Promotes a culture focused on growth, member experience,
• continuous improvement, compliance, and risk management.

Knowledge and Skills

Experience -

10 to 15 years of progressively responsible experience in consumer lending, including leadership experience overseeing consumer lending operations, strategy, and portfolio performance.

Education/Certifications/Licenses

Bachelor's degree in Business Administration, Finance, Banking, or a related field required. Advanced degree preferred.

Interpersonal Skills -

The ability to motivate or influence internal or external senior level professionals is a critical part of the job, requiring a significant level of influence and trust. Obtaining cooperation and agreement on important outcomes via frequently complex, senior level dialogues, as well as a professional level of written communication skills are essential to the position.

Other Skills

Must have in-depth understanding of and ability to interpret regulations affecting lending programs. Extensive knowledge of consumer, commercial and real estate lending practices and procedures. Demonstrated proficiency in Microsoft Office applications and other business systems necessary to analyze data, monitor portfolio performance, and support strategic decision making.

PHYSICAL REQUIREMENTS

Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance.

WORKING CONDITIONS

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

MENTAL AND/OR EMOTIONAL REQUIREMENTS

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.