VP Lending & Collections at Jobot
Herndon, VA 20170
About the Job
Credit Union seeking a VP Credit and Collections.
This Jobot Job is hosted by: Alicia Blake
Are you a fit? Easy Apply now by clicking the "Quick Apply" button
and sending us your resume.
Salary: $150,000 - $155,000 per year
A bit about us:
Building on a tradition of excellence we serve employees, volunteers, and the families of the Department of Interior. We provide financial wellness through our commitment to customer service and a dedication to provide world-class products and services from banking, lending, insurance, and investments.
Why join us?
We offer all full-time employees a comprehensive benefits package which includes a pension plan AND 401k retirement plan with employer matching, education assistance, health, dental, vision, prescription drug, life insurance and AD&D, short- and long-term disability, PTO, discounts on loans and many free services. No weekends.
Job Details
The VP of Lending & Collections is expected to constantly watch for emerging trends in the market and be proactive in changing or adding to our product and service mix, in accordance with our strategic and financial goals and member needs. Tasked with building and maintaining a network of credit union contacts the VP of Lending & Collections will tap into best practices and use the information to effectively grow and ensure the financial strength of the organization. Work in this position requires the demonstration of continuous effort to improve operations, decrease turnaround times, streamline work processes, and work cooperatively and jointly to provide quality, seamless member service.
What you would do:
Skills:
• Applicable state and federal regulations
• Microsoft (Word, Excel, Power Point), Windows and all programs/software applicable to department Symitar preferred
Interested in hearing more? Easy Apply now by clicking the "Quick Apply" button.
This Jobot Job is hosted by: Alicia Blake
Are you a fit? Easy Apply now by clicking the "Quick Apply" button
and sending us your resume.
Salary: $150,000 - $155,000 per year
A bit about us:
Building on a tradition of excellence we serve employees, volunteers, and the families of the Department of Interior. We provide financial wellness through our commitment to customer service and a dedication to provide world-class products and services from banking, lending, insurance, and investments.
Why join us?
We offer all full-time employees a comprehensive benefits package which includes a pension plan AND 401k retirement plan with employer matching, education assistance, health, dental, vision, prescription drug, life insurance and AD&D, short- and long-term disability, PTO, discounts on loans and many free services. No weekends.
Job Details
The VP of Lending & Collections is expected to constantly watch for emerging trends in the market and be proactive in changing or adding to our product and service mix, in accordance with our strategic and financial goals and member needs. Tasked with building and maintaining a network of credit union contacts the VP of Lending & Collections will tap into best practices and use the information to effectively grow and ensure the financial strength of the organization. Work in this position requires the demonstration of continuous effort to improve operations, decrease turnaround times, streamline work processes, and work cooperatively and jointly to provide quality, seamless member service.
What you would do:
- Provide Leadership and Management to the Lending, Collections and Business Development departments to ensure that they mirror the vision and core values of the company whilst maintaining compliance with applicable state and federal regulations
- Foster a success oriented, accountable environment within the company by prioritizing collaboration, effective communication and teamwork
- Develop, apply and evaluate policies and procedures for the department
- Take a proactive role in development and execution of strategic plans
- Strive to achieve or exceed specific goals as set forth in reviews and strategic plans
- Offer timely and effective communication with members of Senior Management team
- Provide support and guidance to all levels of Management
- Make recommendations and lead promotions for growth in Loans; work closely with marketing and compliance departments to ensure strategy is implemented accurately and in compliance with government regulations
- Approve requests for Loan Extensions/Modifications and workout loans
- Maintain effective indirect dealer relationships
- Monitor quality and mix of loan portfolio and make recommendations and adjustments where necessary
- Monitor the competition and be aware of how we compare with rates, products, and service
- Provide timely, accurate and complete reports on the relevant departments
- Provide necessary and appropriate training that allows employees to effectively perform their jobs
- Mandatory compliance of all BSA/AML regulations, forms and procedures: o Maintain awareness of and report suspicious activity o Complete annual BSA training o Notify immediate supervisor of any substantive discrepancies
Skills:
• Applicable state and federal regulations
• Microsoft (Word, Excel, Power Point), Windows and all programs/software applicable to department Symitar preferred
Interested in hearing more? Easy Apply now by clicking the "Quick Apply" button.
Salary
150,000 - 155,000 /year