SVP, Commercial Lending
First Tech and DCU were founded on the belief that financial solutions should put people first, fueling decades of innovation and service rooted in the tech sector and expanding to support members from all walks of life.
About the role
As the Senior Vice President of Commercial Lending, you will lead 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, and operational rigor to support responsible expansion.
Responsibilities
- 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 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.
Requirements
- Minimum 12 years’ experience within a 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.
Qualifications
Bachelor's degree in a field relevant to the role (or 4 additional years of relevant experience in lieu of a degree); advanced degree preferred.
Location
Hillsboro, OR 97124 | Marlborough, MA 01752 | Hybrid
Pay
$270k - $310k annually + annual bonus
Benefits
- Traditional medical, dental, and vision coverage
- Generous 401(k) match
- Flexible Time-Off (FTO): Executive-level employees can take time off as needed
- Paid federal holidays
- Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria)
- Up to 15 days of accrued paid time off in your first year, plus 40 hours of sick time and 3 personal days, which refresh annually