SUMMARY:

Develops, implements, and manages the credit policies and procedures at the credit union. Ensures compliance with regulatory standards, minimizing credit risk, and optimizing the credit union’s portfolio.

RESPONSIBILITIES:

1. Leadership Excellence: Exhibits work values, time application, and skills as a leader. Supervises and directs people and/or resources to meet department or branch goals. Motivates people, plans and prioritizes areas of responsibility, responds to changing conditions, and manages costs effectively. Encourages employee education, development, and improvement. Coaches employees to meet career goals. Is aware of organizational needs related to employee development.

a. Leads the team in managing all aspects of commercial credit operations.

b. Oversees credit underwriting and approval processes.

2. Organizational Effectiveness: Communicates and assists in achieving the credit union’s mission statement, core values, and goals.

a. Responsible for the development, implementation, and attainment of long term strategic objectives, annual budget, and growth goals for the functional areas supervised.

b. Executes the Credit Union’s credit risk strategy aligned with their policy, culture, and mission.

c. Provides strategic direction on loan portfolio management to achieve optimal risk-return balance that aligns with the Credit Union’s mission.

d. Communicates credit risk assessments and strategies to the Board, Executive Management, and regulators as required.

3. Decision Making/Judgment: Makes prudent decisions that are timely, well thought out, and that reflect awareness of impact to the credit union, the member, and/or others involved.

a. Analyzes credit trends and provide insights for decision-making.

b. Establishes and enforces credit limits and exposure/concentration guidelines.

c. Monitors and manages the Credit Union’s credit risk exposure and ensure adherence to regulatory standards.

d. Evaluates all large or high-risk credit requests.

4. Initiative: Performs job responsibilities independently and responsibly while keeping the best interest of the credit union and members in mind. Proactively completes tasks, solves problems, shares ideas, improves processes, enhances products, and/or extends services within assigned range of authority.

a. Serves as the subject matter expert for developing practices and procedures related to commercial credit operations.

b. Leads the design of credit products, policies, and risk assessment models.

c. Conducts periodic reviews of credit activities and policies.

d. Prepares and presents reports on credit performance, risks, and other relevant matrices to executive leadership and the board.

e. Collaborates with other Senior Management to align credit practices with the credit union’s financial and operational goals