Chief Lending Officer

The Chief Lending Officer (CLO) is a senior executive responsible for overseeing and leading all aspects of the credit union’s lending operations, including consumer, mortgage, commercial, and indirect lending. As a member of the executive team, the CLO is actively involved in strategic decision-making and aligns lending strategies with organizational objectives to drive growth and profitability. The role involves developing and implementing short- and long-term lending strategies, ensuring regulatory compliance, and maintaining an acceptable level of risk across the loan portfolio. The CLO fosters innovation, enhances member experience, and leverages emerging technologies to optimize lending processes. Essential Functions And Basic Duties Assumes responsibility for the development and implementation of effective Lending planning. Manage at a strategic level the Indirect, Commercial, Consumer, Mortgage, and Collections departments. Direct and monitor all lending operations to ensure established goals and objectives are met or exceeded. Participate in the establishment of the annual department budget and monitor performance to budget throughout the year; establish yearly sales goals for indirect, commercial services, mortgage, and consumer lending programs, and initiate action to achieve established goals. Executes established goals and coordinates their implementation with other departments and with subordinates. Ensures the effective performance of lending-related services. Ensures lending activities are conducted following established policy guidelines and standards and are appropriately documented. Works with management team members and direct reports to develop appropriate training and incentive programs. Plans and develops sales initiatives designed to improve consumer lending product usage, increase average loan balances, and communicate the desired lending image to members and potential members/borrowers. Responsible for identifying market trends, opportunities and threats, new products, processes, services, and delivery systems to stay well informed of market trends and factors that could potentially impact the credit union's operations and growth. Reviews overall lending activity, loan officer and delinquency reports, and the impact on financial statements to determine results. Prepares and cross-trains a direct report to perform all duties in his/her absence. Ensures the maintenance of statistics relative to loans issued, report data, delinquency follow-up, etc. Ensures business loans, accounts, and property management are managed effectively to meet the needs of borrowers. Is actively involved in various community or civic organizations. Develops business opportunities because of engagement with the community. Generally, attends and leads periodic Credit Committee meetings. Attends monthly Board of Directors meetings at the President’s request. Seniority level:

Executive Employment type:

Full-time Job function:

Management Industries:

Banking, Financial Services, and Investment Banking

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