Vice President Business Lending

Role:

The Vice President of Business Lending is a pivotal leadership role responsible for driving growth in small to mid-size business lending within the credit union's membership base.

The ideal candidate will be a strategic thinker with a strong financial industry background, exceptional leadership skills, and a deep understanding of business lending practices.

Reporting directly to the Chief Lending Officer, this role will work closely with other members of the senior leadership and other members of Lending.

The credit union is headquartered in Syracuse, New York and requires a minimum of 5 days in office per month on a hybrid-schedule.

Essential Functions & Responsibilities:

                40%       Operational Oversight & Loan Portfolio Management (40%)

- Develop and implement long and short-term growth strategies for the business lending team

- Develop business relationships leading to member business loans in line with credit union objectives.

- Maintain and grow a quality credit portfolio.

- Oversee the negotiation, structure, and underwriting business financing arrangements.

- Price and, if applicable, sell Empower FCU products in alignment with credit union objectives.

- Coach team to maintain contacts with key centers of influence, to develop a prospect pipeline.

- Deploying initiatives to support strategic plan for business lending.

- Experience developing product lines to support non-real estate commercial lending.

- Recommend product diversification strategy.

- Identify new markets and create service delivery expansion plan.

30%       Leadership & Team Development (30%):

- Lead, mentor, and manage a business lending team, providing guidance, training, and support for consistent exceptional service and goal achievement.

- Promote a culture of integrity, promoting a team ethic aligned with Empower’s mission, purpose, values, and short- and long-term lending goals.

- Work with direct and indirect reports to monitor work processes and response times, ensuring staff deliver quality member service and actively support the culture.

- Set performance expectations and goals, establish metrics, and monitor individual and team performance to drive results and meet lending targets.

- Foster a positive and collaborative work environment, promoting teamwork, professional development, and employee engagement.

20%       Lending, Business Development & Community Impact (20%):

- Actively participate in civic and community activities to enhance the credit union’s image and visibility.

- Partner with community impact teams to cultivate funding grants for small business lending initiatives.

- Establish and develop business relationships to promote the credit union’s business lending.

- Interface with members for addressing questions, concerns, and unresolved issues.

- Provide leadership and guidance in developing effective accountability systems ...