VP of Business Services (Commercial Lending)
Apply NowCompany: Sunmark Credit Union
Location: Latham, NY 12110
Description:
People Helping People, that is what Sunmark Credit Union is all about!
Why join the Sunmark Squad? Sunmark is a local credit union making a big difference in our community. We strive to build brighter financial futures with our members looking for solutions for all their financial needs through our "Good Vibes" culture.
Our Leadership Team is Hiring!
Starting pay $145-160k annually, commensurate with experience.
The Vice President of Business Services (Commercial Lending) will direct and coordinate all business lending and deposit activities of the credit union
Candidates should hold a Bachelor's Degree in Finance/Business and/or equivalent work experience. Minimum of 5 years working in Commercial/Business Lending, leading teams within a financial institution. Sound knowledge working with the commercial loan underwriting, processing, collection, and workout activities with all business loan types.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Why join the Sunmark Squad? Sunmark is a local credit union making a big difference in our community. We strive to build brighter financial futures with our members looking for solutions for all their financial needs through our "Good Vibes" culture.
Our Leadership Team is Hiring!
Starting pay $145-160k annually, commensurate with experience.
The Vice President of Business Services (Commercial Lending) will direct and coordinate all business lending and deposit activities of the credit union
- Works with Chief Growth Officer to establish the strategic direction of business lending and implements the strategy by developing and carrying out business plans annually.
- Responsible for business development, establishing long term referral sources with commercial realtors, CPA firms, attorneys, financial planners, etc.
- Maintains adequate workflow and training for the business lending function. Develops credibility by acting as a role model, providing leadership, and coaching management and staff toward appropriate behavior and job performance. Conducts performance evaluations, creates and maintains a high-quality work environment where staff is motivated to perform at their highest levels. Conducts interviews and makes recommendations regarding hiring.
- Enhance member service, improve efficiency and reduce cost, while ensuring a safe, sound, and productive operation. Conducts credit review and investigations for prospective and existing credit union members.
- Maintains knowledge of industry trends and developments in the local real estate market.
- Administers SBA lending activities to include compilation of the package, credit analysis, making the decision, collection maintenance and required reporting.
- Executes approvals and denials within the credit union's established guidelines.
- Oversees risk management assets and minimize losses, including assistance with auditors and examiners.
- Monitors and documents applicable vendor performance, security and viability.
- Resolves escalated member complaints, as necessary.
- Communicates with all related management and staff on supporting strategies and procedures.
- Drives operational excellence by leveraging technology to improve the efficiency and effectiveness.
- Oversees the preparation, implementation, and supervision of the budget.
Candidates should hold a Bachelor's Degree in Finance/Business and/or equivalent work experience. Minimum of 5 years working in Commercial/Business Lending, leading teams within a financial institution. Sound knowledge working with the commercial loan underwriting, processing, collection, and workout activities with all business loan types.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)