SVP – Chief Commercial Credit Officer

About the role

The Senior Vice President (SVP) - Chief Commercial Credit Officer position at Golden 1 Credit Union is a pivotal role responsible for providing executive leadership for all commercial lending operations. This includes ensuring these operations meet or exceed member service expectations, service level agreements, credit quality, and other key performance indicators to align with Golden 1's Strategic Goals.

Responsibilities

• Provide executive leadership for all commercial lending, ensuring they meet or exceed member service expectations, service level agreements, credit quality and other key performance indicators to ensure Golden 1 meets or exceeds its Strategic Goals.
• Develop, implement, and enforce loan policies, underwriting standards, and risk tolerance in alignment with business goals and regulations.
• Oversee the entire credit risk management process, including portfolio monitoring, loan review, and impairment analysis.
• Manage the overall quality, approval, documentation, and administration of the loan portfolio to ensure safety and soundness.
• Oversee the evaluation, design, and enhancement of lending products, delivery channels, member experience, and operational functions including commercial lending underwriting, fulfillment to ensure the delivery of high-quality lending experiences to our members.
• Create and implement short-term and long-term strategies to drive commercial loan portfolio performance and profitability loan pricing, fee income, and loans sales.
• Ensure commercial lending and other relevant policies and procedures are developed, documented, updated, and followed, meeting all necessary legal requirements, regulatory guidelines, credit risk appetite requirements, and other governance policies.
• Maintain a keen awareness of competitors' activities, their credit practices, and of overall industry best practices such that the credit union is well positioned to take full advantage of changes and opportunities.
• Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.
• Foster a positive and engaging work environment for each team member by promoting skill development, coaching for improvement and growth, inspiring others through your words and actions, ensuring positive employee morale throughout Golden 1, and embracing our mission, vision and core values.

Qualifications and Preferences

• Bachelor’s Degree in related field plus equivalent work experience required
• 10+ years in credit risk management for commercial, mortgage and consumer lending, credit administration, or similar role required
• 7+ years of financial institution management with an emphasis in commercial, mortgage, and consumer lending required

Benefits

Golden 1 Credit Union offers a market-competitive and internally equitable total rewards compensation package through a variety of programs designed to attract, motivate, and retain employees that drive and support the achievement of Our Mission, Vision, and Strategic Goals. These programs include a comprehensive compensation package, well-being and work-life balance, career development and growth, rewards and recognition, and a commitment to Diversity, Equity and Inclusion.

Pay

$271,200.00 - $340,000.00 annually

Schedule

Exempt