Cy-Fair Federal Credit Union
VP of Lending + Loss Prevention
Cy-Fair Federal Credit Union, Houston, Texas, United States, 77246
Role:
The primary role of this position is to be the key partner to our members financial journey and to help further the Credit Union's commitment to strengthening our communities and expand our current membership. To achieve this mission, the position must deliver high-quality service to both internal and external members. As a member of the Executive Leadership Team (ELT), the Vice President of Lending and Loss Prevention supervises all aspects of Lending and Loss Prevention Operations and assigned employees. Ensures that all duties are completed timely and accurately and in compliance with federal and state laws, regulations and internal policies.
Essential Functions & Responsibilities:
E
20%
Directs and monitors centralized lending, and mortgage loan operations for the entire credit union, through subordinates to ensure that the credit union meets established goals and objectives with respect to lending and sales. Champion and oversee the sales environment by pushing branch loan growth. Oversees goal tracking on a monthly basis and coaches staff as appropriate. Monitors product delivery, quality and takes prompt and effective action to resolve problems internally and externally.
E
20%
Supervises the day to day functions relating to the loss prevention operations for the Credit Union. Monitors the negative share charge offs at 45 days, monitors repossessions, and loan modification. Must maintain Compliance with Fair Debt Collection Practices Act.
N
10%
Establishes the annual department budget and monitors performance to budget throughout the year. This includes loan growth and charge offs.
N
10%
Develops, proposes, implements and monitors loan and loss prevention policies and strategies; leads activities relating to new product development with respect to lending. Ensures that the credit union complies with all State and Federal legal and regulatory requirements.
N
10%
Responsible for Real Estate portfolio, SBA, and the expansion of the Commercial lending part of the business.
N
10%
Oversees and monitors Indirect lending program and third party credit card program to ensure compliance and portfolio growth goals.
N
5%
Serves as a member of the Asset/Liability Committee to develop operating procedures that assure the credit union maintains sufficient levels of capital, liquidity and pricing spreads.
N
5%
Prepares monthly loan department updates and periodic reports for management's financial and operational reports including Lending and Loss Prevention Board Report, loan portion of the monthly Call Report, and other reports as requested by management. Responsible for analyzing loan data reports for any corrective action that is needed.
N
5%
Examines, evaluates, authorizes or recommends approval of member applications above underwriter guidelines.
N
5%
Performs other job related duties as assigned. Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Performance Measurements:
1.
To practice, promote, and support the Vision, Mission, and Core Values of the Credit Union. To carry out supervisory responsibilities in accordance with the CU's policies and procedures.
2.
Responsible for practicing, promoting and coaching the high performing sales and service culture of the Credit Union, including a member centric, results oriented commitment.
3.
Leads, mentors and coaches employees within assigned department. Responsible for providing ongoing feedback and training to employees to achieve maximum individual performance, including on the job training, coaching sessions, performance discussions, outside training and routine preparation of performance appraisals.
4.
To ensure the department meets its goals for loan, membership, cross-sales, and loss prevention in accordance with annual strategic goals.
5.
To ensure that all lending activity is within established policies and regulations. Update and add operations and lending products to maintain a competitive edge in the marketplace.
6.
To keep ELT informed regarding key operational issues affecting the department. Ability to effectively present information to top management, public groups and/or Board of Directors.
7.
To establish and achieve management development objectives for individual managers.
8.
Organize and Implement departmental trainings for lending, operations, and loss prevention staff.
9.
Have and maintain NMLS status
10.
Maintain clean audits and exams by following: Truth in Lending, Reg B, Reg Z, and FDCPA. Must be well versed in Regulations such as: REG CC, BSA, OFAC, Reg B, Reg Z and MIP (CIP).
Knowledge and Skills:
Experience
Five to ten years of similar or related experience.
Education
A college degree.
Interpersonal Skills
Motivating or influencing others is a material part of the job. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others. The role requires a significant level of trust or diplomacy.
Other Skills
Must be bondable Must be available to work whatever time is necessary, including early mornings, late nights and weekends, in order to complete the duties and responsibilities of the position. Must be able to transfer or work at all Financial Centers as needed. Must be able to work under demanding conditions while maintaining professionalism and enthusiasm.
Physical Requirements
Position is mostly sedentary activity for up to six (6) hours a day. However, while performing the duties of the job, the employee is regularly required to stand, sit, walk, stoop, kneel, talk and hear. Vision requirements include: close vision and the ability to focus. Nature of the position requires physical mobility and the ability to lift a maximum of 30 pounds.
Work Environment
Full-time employees are required to complete (16) hours of volunteerism and (8) hours for Part-time employees. All volunteer time has to be approved prior to event. In addition, needs to benefit or have an impact in Harris County.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
The primary role of this position is to be the key partner to our members financial journey and to help further the Credit Union's commitment to strengthening our communities and expand our current membership. To achieve this mission, the position must deliver high-quality service to both internal and external members. As a member of the Executive Leadership Team (ELT), the Vice President of Lending and Loss Prevention supervises all aspects of Lending and Loss Prevention Operations and assigned employees. Ensures that all duties are completed timely and accurately and in compliance with federal and state laws, regulations and internal policies.
Essential Functions & Responsibilities:
E
20%
Directs and monitors centralized lending, and mortgage loan operations for the entire credit union, through subordinates to ensure that the credit union meets established goals and objectives with respect to lending and sales. Champion and oversee the sales environment by pushing branch loan growth. Oversees goal tracking on a monthly basis and coaches staff as appropriate. Monitors product delivery, quality and takes prompt and effective action to resolve problems internally and externally.
E
20%
Supervises the day to day functions relating to the loss prevention operations for the Credit Union. Monitors the negative share charge offs at 45 days, monitors repossessions, and loan modification. Must maintain Compliance with Fair Debt Collection Practices Act.
N
10%
Establishes the annual department budget and monitors performance to budget throughout the year. This includes loan growth and charge offs.
N
10%
Develops, proposes, implements and monitors loan and loss prevention policies and strategies; leads activities relating to new product development with respect to lending. Ensures that the credit union complies with all State and Federal legal and regulatory requirements.
N
10%
Responsible for Real Estate portfolio, SBA, and the expansion of the Commercial lending part of the business.
N
10%
Oversees and monitors Indirect lending program and third party credit card program to ensure compliance and portfolio growth goals.
N
5%
Serves as a member of the Asset/Liability Committee to develop operating procedures that assure the credit union maintains sufficient levels of capital, liquidity and pricing spreads.
N
5%
Prepares monthly loan department updates and periodic reports for management's financial and operational reports including Lending and Loss Prevention Board Report, loan portion of the monthly Call Report, and other reports as requested by management. Responsible for analyzing loan data reports for any corrective action that is needed.
N
5%
Examines, evaluates, authorizes or recommends approval of member applications above underwriter guidelines.
N
5%
Performs other job related duties as assigned. Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Performance Measurements:
1.
To practice, promote, and support the Vision, Mission, and Core Values of the Credit Union. To carry out supervisory responsibilities in accordance with the CU's policies and procedures.
2.
Responsible for practicing, promoting and coaching the high performing sales and service culture of the Credit Union, including a member centric, results oriented commitment.
3.
Leads, mentors and coaches employees within assigned department. Responsible for providing ongoing feedback and training to employees to achieve maximum individual performance, including on the job training, coaching sessions, performance discussions, outside training and routine preparation of performance appraisals.
4.
To ensure the department meets its goals for loan, membership, cross-sales, and loss prevention in accordance with annual strategic goals.
5.
To ensure that all lending activity is within established policies and regulations. Update and add operations and lending products to maintain a competitive edge in the marketplace.
6.
To keep ELT informed regarding key operational issues affecting the department. Ability to effectively present information to top management, public groups and/or Board of Directors.
7.
To establish and achieve management development objectives for individual managers.
8.
Organize and Implement departmental trainings for lending, operations, and loss prevention staff.
9.
Have and maintain NMLS status
10.
Maintain clean audits and exams by following: Truth in Lending, Reg B, Reg Z, and FDCPA. Must be well versed in Regulations such as: REG CC, BSA, OFAC, Reg B, Reg Z and MIP (CIP).
Knowledge and Skills:
Experience
Five to ten years of similar or related experience.
Education
A college degree.
Interpersonal Skills
Motivating or influencing others is a material part of the job. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others. The role requires a significant level of trust or diplomacy.
Other Skills
Must be bondable Must be available to work whatever time is necessary, including early mornings, late nights and weekends, in order to complete the duties and responsibilities of the position. Must be able to transfer or work at all Financial Centers as needed. Must be able to work under demanding conditions while maintaining professionalism and enthusiasm.
Physical Requirements
Position is mostly sedentary activity for up to six (6) hours a day. However, while performing the duties of the job, the employee is regularly required to stand, sit, walk, stoop, kneel, talk and hear. Vision requirements include: close vision and the ability to focus. Nature of the position requires physical mobility and the ability to lift a maximum of 30 pounds.
Work Environment
Full-time employees are required to complete (16) hours of volunteerism and (8) hours for Part-time employees. All volunteer time has to be approved prior to event. In addition, needs to benefit or have an impact in Harris County.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.