FIRST CREDIT UNION
Summary/Objective
If you would like to know a bit more about this opportunity, or are considering applying, then please read the following job information. Responsible for the strategic direction, leadership, and oversight of all aspects of the credit union’s real estate lending operations. This includes mortgage origination, underwriting, processing, servicing, secondary market sales, and portfolio management. Ensures all activities align with the credit union’s strategic objectives, mission, regulatory requirements, member service standards, and financial goals. Participates in the strategic planning and has direct input into the development of Credit Union policies, procedures, and objectives. Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties. Directs and monitors all aspects of credit union mortgage lending operations and successfully fulfill established strategic goals and objectives with respect to lending. Directs mortgage loan officer training. Monitors product delivery and quality and takes action to resolve problems and/or concerns timely. Develops and implements long-term strategies to grow the credit union’s real estate loan production. Establishes and implements short and long-range organizational goals, objectives, policies, and operating procedures; monitors and evaluates program effectiveness; effects changes required for improvement. Monitors lending landscape, including trends and technology. Proactively brings trends and uses of new technology to executive management. Welcomes change, be it new products/services, new delivery channels or service attitudes necessary to innovate and grow. Leads strategic partnerships (e.g., with real estate agents, builders, secondary market investors, etc.). Motivates and leads a high performing team, providing leadership and management to the mortgage areas. Promotes a culture of accountability, member service, compliance, and continuous improvement. Sets performance goals and provides regular coaching and evaluations. Oversees mortgage origination, underwriting, closing, and servicing functions. Ensures timely, accurate, and compliant processing of all real estate loan applications. Monitors pipeline management and ensures an excellent member experience. Ensures compliance with all federal and state lending laws, regulations (e.g., NCUA, RESPA, HMDA, TRID), and internal policies. Works with internal and external auditors to maintain regulatory readiness. Monitors credit quality and portfolio risk, including delinquency and loss mitigation strategies. Manages relationships with secondary market investors (e.g., Fannie Mae, Freddie Mac) and mortgage insurers. Oversees pricing, pooling, and delivery of loans sold in the secondary market. Ensures loan salability and maximizes income from secondary market transactions. Researches industry best practices and collaborates with internal business partners to develop recommendations on process improvements, vendor-based solutions, and strategic enhancements Enhances digital mortgage capabilities and member experience. Stays current with trends in real estate lending and fintech innovations. Prepares and analyzes reports on production, portfolio performance, and profitability. Participates in establishment of annual department budget and monitors performance to budget throughout the year; establishes annual sales goals (in conjunction with executive team and marketing) for lending programs and initiates action to achieve established goals. Complies with the Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC).
If you would like to know a bit more about this opportunity, or are considering applying, then please read the following job information. Responsible for the strategic direction, leadership, and oversight of all aspects of the credit union’s real estate lending operations. This includes mortgage origination, underwriting, processing, servicing, secondary market sales, and portfolio management. Ensures all activities align with the credit union’s strategic objectives, mission, regulatory requirements, member service standards, and financial goals. Participates in the strategic planning and has direct input into the development of Credit Union policies, procedures, and objectives. Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties. Directs and monitors all aspects of credit union mortgage lending operations and successfully fulfill established strategic goals and objectives with respect to lending. Directs mortgage loan officer training. Monitors product delivery and quality and takes action to resolve problems and/or concerns timely. Develops and implements long-term strategies to grow the credit union’s real estate loan production. Establishes and implements short and long-range organizational goals, objectives, policies, and operating procedures; monitors and evaluates program effectiveness; effects changes required for improvement. Monitors lending landscape, including trends and technology. Proactively brings trends and uses of new technology to executive management. Welcomes change, be it new products/services, new delivery channels or service attitudes necessary to innovate and grow. Leads strategic partnerships (e.g., with real estate agents, builders, secondary market investors, etc.). Motivates and leads a high performing team, providing leadership and management to the mortgage areas. Promotes a culture of accountability, member service, compliance, and continuous improvement. Sets performance goals and provides regular coaching and evaluations. Oversees mortgage origination, underwriting, closing, and servicing functions. Ensures timely, accurate, and compliant processing of all real estate loan applications. Monitors pipeline management and ensures an excellent member experience. Ensures compliance with all federal and state lending laws, regulations (e.g., NCUA, RESPA, HMDA, TRID), and internal policies. Works with internal and external auditors to maintain regulatory readiness. Monitors credit quality and portfolio risk, including delinquency and loss mitigation strategies. Manages relationships with secondary market investors (e.g., Fannie Mae, Freddie Mac) and mortgage insurers. Oversees pricing, pooling, and delivery of loans sold in the secondary market. Ensures loan salability and maximizes income from secondary market transactions. Researches industry best practices and collaborates with internal business partners to develop recommendations on process improvements, vendor-based solutions, and strategic enhancements Enhances digital mortgage capabilities and member experience. Stays current with trends in real estate lending and fintech innovations. Prepares and analyzes reports on production, portfolio performance, and profitability. Participates in establishment of annual department budget and monitors performance to budget throughout the year; establishes annual sales goals (in conjunction with executive team and marketing) for lending programs and initiates action to achieve established goals. Complies with the Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC).