The Director of Lending will be responsible for the structure, growth and soundness of the credit union’s loan portfolio with a particular focus on small business lending. The Director will oversee the portfolio through review and recommendations regarding loan and credit policies, underwriting standards and collections processes. This person will be responsible for loan origination, quality control, underwriting, loan closing, processing, servicing and reporting.
Assists in marketing loan products and originating small business loans.
Oversee Mortgage portfolio and make recommendations on complex credits.
Develops and strengthens the credit union’s local networks with Chambers of Commerce, small businesses, and community stakeholders.
Serves as staff liaison on the loan and credit committees; makes recommendations and implements changes to improve portfolio growth and/or quality, including changes in credit union policies and procedures.
Reviews new regulations related to lending and makes recommendations to senior management as appropriate.
Recommends product upgrades, maintains awareness of which products are under-performing and assists with development or introduction of new products as applicable.
Acts as member point of contact for small business loans, and works with member through entire loan process from gathering documentation to loan closing. Works with members in event of delinquency and makes arrangements for troubled debt restructuring or charge off and collections when necessary.
Makes recommendations and changes to reduce credit union’s delinquency and charge off rates.
Ensures asset quality of overall portfolio is maintained.
Prepares quarterly portfolio review reports for Loan Committee and Board of Directors; develops analysis and provides recommendations for adjustments to the Loan Loss Reserve account.
Bachelor’s degree in finance or business or demonstrated relevant experience is required; Master’s degree is preferred.
Minimum of two years of underwriting experience with small business loans.
Minimum of two years of management experience.
Previous experience in community development or work with low-income communities strongly preferred.
Strong presentation skills and written and verbal communication skills.
Demonstrated success in building and maintaining customer relationships.
In depth knowledge of loan structuring, underwriting, regulations, and credit resolutions.
Demonstrated ability to work well within teams as well as independently.
North Side Community Federal Credit Union was founded in 1974. At this time, residents in Uptown were having trouble accessing loans for home ownership because of a practice called redlining. A group of seven committed women believed people should have equal access to capital, and wanted to provide an alternative and solution. Out of that solution, North Side Community Federal Credit Union was formed.