Job Title: Vice President of Lending Category: Exempt
Supervises: Lending and Collections Department, in Branch Staff Reports To: President
Benefits:
- Medical, Dental, & Vision Insurance
- Life Insurance
- Long Term Disability Insurance
- 401(k) Plan with Employer Match
- Paid Holidays
- Vacation and Sick Leave
- Eligible for Performance Based Bonus
- Ongoing Training and Development
- Compensation Range Based on Experience and Existing Portfolio
Overview: The Vice President of Lending is a key management position within Doches Credit Union. This role follows Credit Union policies and procedures for overseeing the loan origination process, underwriting, portfolio management, risk assessment, and regulatory compliance within the Credit Union’s lending operations. The VP of Lending will collaborate closely with the Credit Union's executive team to develop and execute strategies for the lending department and the Credit Union as a whole. This includes assessing strengths, weaknesses, threats, and opportunities to formulate and implement tactical plans.
The VP of Lending is responsible for establishing and implementing lending policies, procedures, and comprehensive staff training programs. This position involves leadership responsibilities, such as mentoring and developing the lending team, fostering a positive work culture, and promoting professional growth. Additionally, the position is responsible for creating analytics for reliable projections, reporting financial performance, and tracking overall trends and performance of the lending department. The VP of Lending will use the above reporting metrics to direct lending operations and align the lending strategy to support the Credit Union’s overall growth strategy. Furthermore, the VP of Lending will stay informed of new developments in lending technologies and delivery channels, evaluating and implementing new technologies to ensure the Credit Union remains competitive and in compliance with industry regulations.
Key Responsibilities:
- Supervises, trains, reviews, and directs employees in the lending and collections department.
- Manages staff performing these functions in accordance with the Credit Union’s policies and applicable laws. Provides overall direction, coordination, and evaluation of the lending department.
- Develops and implements lending policies and procedures consistent with laws and regulations and in support of the Credit Union’s goals and strategic direction to meet loan production, portfolio yield, and member service goals.
- Ensures oversight of all lending and collections department work products and continuing education for all loan and collections staff.
- Remains knowledgeable of legislative and regulatory initiatives and analyzes potential impacts on the Credit Union's lending operations.
- Is the driving force behind the attainment of Credit Union goals through the lending department.
- Participates in strategic planning, leadership, and management of the Credit Union.
- Maintains strength, security, confidentiality, and stability of the Credit Union which include staff, property, equipment, supplies, and records.
- Maintains knowledge of and compliance with all applicable rules and regulations required within the scope of duties, including, but not limited to, the Bank Secrecy Act, and analyzes potential impacts on the Credit Union's operations.
- Shows ability to perform under time constraints and meet deadlines.
- Performs job duties and responsibilities in compliance with the Credit Union’s policies, procedures, philosophy, and standards of performance.
- Attends and completes all Credit Union required meetings and training sessions.
- Maintains a clean, professional work environment and courteous demeanor.
- Maintains a high level of confidentiality in all matters. Safeguards member and Credit Union information by applying the highest level of confidentiality regarding member, employee, and board interactions with the Credit Union and securing all information in public work areas.
Qualifications:
- Bachelor's degree in business administration, finance, or a related field (equivalent work experience considered).
- Minimum of 4 years of experience in lending, finance, accounting, or related leadership roles.
- Strong understanding of financial services industry and lending trends and best practices.
- Exceptional leadership, communication, and interpersonal skills.
- Ability to successfully work with large number of people in a courteous, professional manner using discretion and excellent judgment.
- Ability to work with sensitive/confidential information and maintain confidentiality.
About Us: Doches Credit Union is a dynamic and community-focused financial institution committed to providing exceptional financial services to our members. We believe in the power of financial well-being and are dedicated to shaping a brighter financial future for all. The Vice President of Lending is a pivotal leadership role in defining our organization's future as we continue to grow and evolve.
Disclosures:
This job description is not intended to be all-inclusive. The employee may perform other related duties as needed to meet the ongoing needs of the organization. Doches Credit Union is an affirmative action employer and committed to providing equal opportunity for all employees and applicants for employment, without regard to race, religion, color, sex, sexual orientation, gender identity, national origin, age, citizenship status, marital status, protected veteran status, mental and/or physical disability, pregnancy, or any basis prohibited by State or Federal law. We encourage applications from candidates of all backgrounds and experiences. Doches Credit Union reserves the right to amend this job description at any time.
About Doches Credit Union
Doches Credit Union is Nacogdoches’ only hometown not-for-profit financial cooperative that provides a full range of financial products and services to Nacogdoches, Shelby, San Augustine and Sabine Counties.
Our History and Mission
The Credit Union was chartered on November 7th, 1951, with an original field of membership comprised of employees from Southwestern Bell and the Lufkin Conroe Telephone Exchange.
In 1999, the Credit Union obtained a community charter which allowed services to be offered to any person that lived or worked in the Nacogdoches area as well as their families.
At Doches Credit Union, our vision is to be a premier financial institution, driven by the philosophy of “People Helping People,” known for exceptional member experiences, innovative solutions, and positive community impact.
We envision ourselves as being a trusted partner in our members’ financial journeys, delivering consistent value and excellence through the latest technology, industry best practices and continuous evolution to meet our members’ evolving needs. We envision that our comprehensive and accessible financial solutions will empower individuals, families, and businesses to achieve their goals and dreams, positioning us at the forefront of the financial services industry.
DCU’s philosophy begins and ends with understanding and meeting member needs. Member-owners are at the forefront of all decision made. For more than 60 years, Doches Credit Union has been an important contributor to the local economy. We remain dedicated to serving the communities in which we operate.
Our Core Values
Member-Centric Focus: We prioritize the needs and interests of our members above all else. Our decisions and actions are guided by a deep understanding of their financial goals, and we are committed to delivering exceptional service and tailored solutions to help them achieve success.
Trust and Integrity: We operate with unwavering integrity, maintaining the highest standards in all aspects of our operations. Trust is the foundation of our relationships, and we are committed to being transparent, honest, and accountable in every interaction.
Financial Education and Empowerment: We are passionate about financial education and empowerment. We strive to equip our members and our team-members with the knowledge, tools, and resources needed to make informed financial decisions and improve their financial well-being. We believe that by empowering individuals, we contribute to the overall economic growth and stability of our communities.
Community Engagement: We are deeply rooted in our communities and committed to making a positive impact. Through active community engagement, we support local organizations, initiatives, and causes that align with our values. We believe in building strong and vibrant communities where everyone has the opportunity to thrive.
Collaboration and Teamwork: We believe in the power of collaboration and teamwork. We foster an environment where team-members work together, share knowledge and expertise, and support each other to achieve common goals. By leveraging the collective strength of our team, we provide the best possible outcomes for our members.
Compliance and Ethical Conduct: We uphold a culture of compliance and ethical conduct. We are dedicated to adhering to all applicable laws, regulations, and industry standards to ensure the trust and confidence of our members and stakeholders. Our commitment to compliance guides our decisions and actions, allowing us to maintain the highest level of integrity in all aspects of our operations.
