SVP, Commercial Lending

Description

The Senior Vice President of Commercial Lending leads the commercial lending division, driving growth, profitability, and risk management while delivering exceptional service to business members. This role sets the strategic direction for commercial lending, leveraging innovative products, disciplined governance, operational rigor to support responsible expansion. 

Here's what you can expect from the job and what you need to be successful:

Job Duties

• Develop and implement sound business lending policies and procedures in compliance with NCUA and other regulations.
• Oversee a diverse commercial loan portfolio, ensuring growth, profitability, and prudent risk management.
• Lead and mentor commercial lenders, portfolio managers, credit analysts, and loan operations staff, ensuring clarity of goals and high performance.
• Drive proactive business development strategies to attract new business members and expand commercial lending opportunities.
• Cultivate relationships with business owners, COIs, developers, and external stakeholders to support member and community economic growth.
• Develop innovative commercial lending products and programs that meet evolving business needs and enhance financial empowerment.
• Represent the credit union at community, civic, and reinvestment functions to strengthen reputation and continue to build deep community ties.
• Oversee commercial loan structuring, underwriting, approval, and closing practices to ensure compliance with policy, regulation, and best practices.
• Maintain and update credit risk rating systems, monitor delinquency reports, and manage watch lists for high-risk loans.
• Collaborate with risk management and auditors to ensure thorough loan reviews and compliance with internal and external standards.
• Provide leadership, training, and support to staff, reinforcing a culture of superior member service and accountability.
• Stay informed on market trends, economic conditions, competitive lending programs, and regulatory changes, adjusting strategy as needed.
• Review and update commercial lending policies, procedures, and board level guidelines to maintain alignment with industry best practices.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Essential Skills

• Minimum 12 years’ experience within commercial lending division, driving growth, profitability, and risk management.
• Minimum 10 years’ experience as a people leader, leading a diverse team including hiring, coaching and performance management.
• Advanced knowledge of commercial, construction, real estate, SBA, and consumer loan processing functions.
• Deep expertise in state and federal lending regulations, compliance, and commercial credit risk management.
• Strong financial analysis capabilities, including financial statement review, tax return analysis, and credit structuring.
• Proven ability to attract, develop, and retain top lending talent.
• Excellent verbal, written, organizational, and decision making skills.
• Demonstrated success driving results and fostering trusted relationships with members and stakeholders.
• Required Education: Bachelor's degree in field relevant to role (or 4 additional years of relevant experience in lieu of a degree), advanced degree preferred.

Location:   Hillsboro, OR 97124 | Marlborough, MA 01752 | (HYBRID)

Target Compensation: $270k - $310k annually + annual bonus

Benefits options include: 

• Traditional medical, dental, and vision coverage
• Generous 401K matching
• Flexible Time-Off (FTO): First Tech has adopted a flexible time-off policy intended to allow executive-level employees to take time off, as needed
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)

What makes First Tech different? Click here to learn more! 

First Tech is not currently offering Visa transfer/ sponsorship for this position     

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