KCU
VP, Commercial Lending
Kitsap Credit Union is a not-for-profit, member-owned financial cooperative with more than 300 employees and 14 branches throughout Western Washington. We have a passion for making a positive difference. As a $2 + billion-asset credit union, we are deeply committed to our members' financial wellbeing and the prosperity and quality of life in the communities we serve. Our KCU Cares Foundation program focuses on providing resources and support for those struggling with homelessness or hunger and improving the financial well-being of the people in our communities. And beyond monetary efforts, we have provided thousands of hours in staff volunteerism and in-kind support. At Kitsap Credit Union, our success is built on trust-based relationships and personalized service. We understand our employees are key to our success. They provide the personalized service to our members and contribute to the communities where we live. We are committed to providing a supportive, mission-driven, and inclusive culture where employees can grow their careers. The Vice President of Commercial Lending is responsible for providing strategic leadership and operational oversight of the credit union's commercial lending programs, including commercial real estate (CRE) and small business lending (SBL). This role leads the origination, underwriting, and portfolio management functions, ensuring high-quality loan production, sound credit practices, and strong relationship development. The VP will play a key role in shaping business development strategies, managing risk, coaching a high-performing team, and ensuring the lending function aligns with the credit union's growth and service objectives. Seniority Level: Vice President Reports to: Chief Lending Officer Employment Type: Full-time, Salaried, Exempt, Hybrid Salary Range: $173,633.98 - $217,042.48 depending on experience Bonus Target: 15% potential incentive of base pay Working Hours: Monday - Friday 8AM - 5PM Grade: 17BC Industry: Banking Key Responsibilities Strategic Leadership & Lending Oversight Lead and manage the commercial lending division, including CRE and SBL originations, underwriting, and portfolio management. Develop and execute strategies to grow the commercial portfolio with sound, well-structured, and competitively priced loans and deposit products that align with the credit union's asset, yield, and risk goals. Collaborate with executive leadership to define loan growth, deposit and interchange fee targets and support enterprise-wide strategic initiatives across both sides of the balance sheet. Team Management & Development Set clear goals and performance expectations for commercial lending staff; monitor progress and hold team members accountable for production and portfolio quality. Provide coaching, training, and mentoring to support professional development and succession planning. Foster a high-performance culture centered on member service, risk management, and relationship-based lending. Risk, Credit, & Portfolio Management Partner with the VP of Lending and Credit Administration to ensure consistency in underwriting, structuring, pricing, and portfolio management practices. Oversee credit risk within the commercial portfolio by maintaining effective loan review, monitoring, and covenant compliance processes. Ensure all loans adhere to internal policy, regulatory standards, and risk appetite. Business Development & Market Engagement Build and maintain a robust commercial pipeline through direct management of a production team focused on proactive relationship management and continuous prospecting. Represent the credit union in community and industry organizations such as chambers of commerce, realtor boards, and trade associations. Collaborate with Marketing, Branch Operations, and Business Development to align commercial lending efforts with overall brand and service strategy. Operational Excellence & Reporting Recommend and implement technology, process, and system improvements to enhance responsiveness and efficiency in commercial lending. Regularly report on loan production, pipeline activity, portfolio performance, and strategic initiatives to senior leadership. Lead the development and enhancement of commercial loan products and services to meet evolving market needs. Qualifications Education Bachelor's degree in Finance, Accounting, Business Administration, or a related field required. Advanced degree (MBA or similar) preferred. Must maintain compliance with all regulations. Experience Minimum of 7 years of progressive experience in commercial or business lending, underwriting, and/or portfolio management. Minimum of 5 years of leadership experience managing lending teams with a track record of driving results, developing talent, and leading through change. Strong knowledge of commercial real estate lending, small business lending, loan structures, and regulatory frameworks. Demonstrated ability to analyze financial statements, tax returns, and collateral valuations to assess creditworthiness. Skills & Competencies Exceptional interpersonal, communication, and negotiation skills. Strong strategic thinking, organizational, and decision-making capabilities. Proficient in commercial lending software, Microsoft Office Suite, and credit analysis tools. High degree of professionalism, integrity, and alignment with the credit union's core values. Supervisory Responsibilities This position directly supervises commercial lending staff and is responsible for building an engaged, results-driven team that supports the credit union's vision and mission. The VP must demonstrate effective delegation, cross-functional collaboration, and leadership aligned with organizational values. Working conditions This position will be required to work in an office environment with moderate noise levels, and, with or without reasonable accommodation is required: Constantly operates a computer and other office productivity machines. Constantly positions self in work environment. The person in this position frequently communicates with peers, supervisors, vendors, and employees to exchange accurate information and answer questions. Must be able to detect objects at a distance. On occasion will move up to 20 pounds of office objects. Moderate local travel between KCU facilities and occasional travel outside the local area may be required. Works in an indoor office environment but expected to attend meetings in buildings that require travel in outdoor weather conditions. Equal Employment Opportunity/Affirmative Action Statement Kitsap Credit Union is firmly committed to equality of opportunity for all employees and applicants for employment in accordance with applicable Equal Employment Opportunity/Affirmative Action laws, directives, and legislation. This job description is intended to describe the general nature and level of work being performed by employees in this position. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required for this position; other duties outside of normal responsibilities may be performed as necessary to meet the needs of the organization. Nothing in this position description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Employee's signature below constitutes employee's understanding of the principal accountabilities and duties of the position and certifies that they are physically able to perform the necessary duties in the work environment. What We Offer Not only are we one of the largest credit unions in Washington State, and growing, but we are also a company that cares about its employees. We back that up for our employees by offering competitive pay and a benefits package that helps support you and your family's lifestyle. We value our employees, and we strive to keep our benefits comprehensive and affordable. Some of our benefits include: Free onsite parking Annual time off and sick time accrued 11 Paid holidays 1 Personal day Medical, Dental, Vision, Short- and Long-term Disability, Life and AD&D Insurance Employee Assistance Program Choose from a PPO medical plan or a High Deductible with a Health Savings Account 3% KCU funded Safe Harbor Contribution to your 401K KCU will match up to 2% of your 401K contributions All 401K contributions are 100% vested Potential annual incentive in all roles within Kitsap Credit Union Tuition reimbursement 8 hours
Kitsap Credit Union is a not-for-profit, member-owned financial cooperative with more than 300 employees and 14 branches throughout Western Washington. We have a passion for making a positive difference. As a $2 + billion-asset credit union, we are deeply committed to our members' financial wellbeing and the prosperity and quality of life in the communities we serve. Our KCU Cares Foundation program focuses on providing resources and support for those struggling with homelessness or hunger and improving the financial well-being of the people in our communities. And beyond monetary efforts, we have provided thousands of hours in staff volunteerism and in-kind support. At Kitsap Credit Union, our success is built on trust-based relationships and personalized service. We understand our employees are key to our success. They provide the personalized service to our members and contribute to the communities where we live. We are committed to providing a supportive, mission-driven, and inclusive culture where employees can grow their careers. The Vice President of Commercial Lending is responsible for providing strategic leadership and operational oversight of the credit union's commercial lending programs, including commercial real estate (CRE) and small business lending (SBL). This role leads the origination, underwriting, and portfolio management functions, ensuring high-quality loan production, sound credit practices, and strong relationship development. The VP will play a key role in shaping business development strategies, managing risk, coaching a high-performing team, and ensuring the lending function aligns with the credit union's growth and service objectives. Seniority Level: Vice President Reports to: Chief Lending Officer Employment Type: Full-time, Salaried, Exempt, Hybrid Salary Range: $173,633.98 - $217,042.48 depending on experience Bonus Target: 15% potential incentive of base pay Working Hours: Monday - Friday 8AM - 5PM Grade: 17BC Industry: Banking Key Responsibilities Strategic Leadership & Lending Oversight Lead and manage the commercial lending division, including CRE and SBL originations, underwriting, and portfolio management. Develop and execute strategies to grow the commercial portfolio with sound, well-structured, and competitively priced loans and deposit products that align with the credit union's asset, yield, and risk goals. Collaborate with executive leadership to define loan growth, deposit and interchange fee targets and support enterprise-wide strategic initiatives across both sides of the balance sheet. Team Management & Development Set clear goals and performance expectations for commercial lending staff; monitor progress and hold team members accountable for production and portfolio quality. Provide coaching, training, and mentoring to support professional development and succession planning. Foster a high-performance culture centered on member service, risk management, and relationship-based lending. Risk, Credit, & Portfolio Management Partner with the VP of Lending and Credit Administration to ensure consistency in underwriting, structuring, pricing, and portfolio management practices. Oversee credit risk within the commercial portfolio by maintaining effective loan review, monitoring, and covenant compliance processes. Ensure all loans adhere to internal policy, regulatory standards, and risk appetite. Business Development & Market Engagement Build and maintain a robust commercial pipeline through direct management of a production team focused on proactive relationship management and continuous prospecting. Represent the credit union in community and industry organizations such as chambers of commerce, realtor boards, and trade associations. Collaborate with Marketing, Branch Operations, and Business Development to align commercial lending efforts with overall brand and service strategy. Operational Excellence & Reporting Recommend and implement technology, process, and system improvements to enhance responsiveness and efficiency in commercial lending. Regularly report on loan production, pipeline activity, portfolio performance, and strategic initiatives to senior leadership. Lead the development and enhancement of commercial loan products and services to meet evolving market needs. Qualifications Education Bachelor's degree in Finance, Accounting, Business Administration, or a related field required. Advanced degree (MBA or similar) preferred. Must maintain compliance with all regulations. Experience Minimum of 7 years of progressive experience in commercial or business lending, underwriting, and/or portfolio management. Minimum of 5 years of leadership experience managing lending teams with a track record of driving results, developing talent, and leading through change. Strong knowledge of commercial real estate lending, small business lending, loan structures, and regulatory frameworks. Demonstrated ability to analyze financial statements, tax returns, and collateral valuations to assess creditworthiness. Skills & Competencies Exceptional interpersonal, communication, and negotiation skills. Strong strategic thinking, organizational, and decision-making capabilities. Proficient in commercial lending software, Microsoft Office Suite, and credit analysis tools. High degree of professionalism, integrity, and alignment with the credit union's core values. Supervisory Responsibilities This position directly supervises commercial lending staff and is responsible for building an engaged, results-driven team that supports the credit union's vision and mission. The VP must demonstrate effective delegation, cross-functional collaboration, and leadership aligned with organizational values. Working conditions This position will be required to work in an office environment with moderate noise levels, and, with or without reasonable accommodation is required: Constantly operates a computer and other office productivity machines. Constantly positions self in work environment. The person in this position frequently communicates with peers, supervisors, vendors, and employees to exchange accurate information and answer questions. Must be able to detect objects at a distance. On occasion will move up to 20 pounds of office objects. Moderate local travel between KCU facilities and occasional travel outside the local area may be required. Works in an indoor office environment but expected to attend meetings in buildings that require travel in outdoor weather conditions. Equal Employment Opportunity/Affirmative Action Statement Kitsap Credit Union is firmly committed to equality of opportunity for all employees and applicants for employment in accordance with applicable Equal Employment Opportunity/Affirmative Action laws, directives, and legislation. This job description is intended to describe the general nature and level of work being performed by employees in this position. It is not intended to be an exhaustive list of all responsibilities, duties, and skills required for this position; other duties outside of normal responsibilities may be performed as necessary to meet the needs of the organization. Nothing in this position description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Employee's signature below constitutes employee's understanding of the principal accountabilities and duties of the position and certifies that they are physically able to perform the necessary duties in the work environment. What We Offer Not only are we one of the largest credit unions in Washington State, and growing, but we are also a company that cares about its employees. We back that up for our employees by offering competitive pay and a benefits package that helps support you and your family's lifestyle. We value our employees, and we strive to keep our benefits comprehensive and affordable. Some of our benefits include: Free onsite parking Annual time off and sick time accrued 11 Paid holidays 1 Personal day Medical, Dental, Vision, Short- and Long-term Disability, Life and AD&D Insurance Employee Assistance Program Choose from a PPO medical plan or a High Deductible with a Health Savings Account 3% KCU funded Safe Harbor Contribution to your 401K KCU will match up to 2% of your 401K contributions All 401K contributions are 100% vested Potential annual incentive in all roles within Kitsap Credit Union Tuition reimbursement 8 hours