Lending Operations Manager
4 weeks ago
Lending Operations Manager
We are seeking a highly skilled Lending Operations Manager to join our team at Commonwealth Central Credit Union. This is a unique opportunity to lead our consumer and real estate lending functions, ensuring compliance with applicable regulations and established credit union policies.
Key Responsibilities:
- Manage the day-to-day operation of consumer and real estate lending functions, ensuring compliance with regulations and credit union policies.
- Establish processes to achieve lending operations efficiency and effectiveness.
- Review loan applications, monitor loan decisions, and assist underwriters with challenging situations.
- Provide support and guidance related to loan origination, processing, and funding in branch offices.
- Serve as a subject matter expert for lending training purposes.
- Manage third-party vendor relationships and serve as the primary point of contact.
- Manage the indirect lending process, including timely responses to dealers and follow-up on underwriting conditions.
- Responsible for coaching, counseling, performance evaluation, training, and supervision of assigned employees.
- Assist in the development of the annual budget and manage the department within budgetary guidelines.
Requirements:
- Minimum of two to five years of consumer and real estate lending experience, preferably in a credit union environment.
- Two-year college degree or completion of a specialized course of study at a business or trade school.
- Minimum of three years previous management experience, including oversight of multiple direct reports.
- Extensive knowledge of consumer lending processes, regulations, compliance, and underwriting practices.
- General knowledge of mortgage lending regulations, compliance, and underwriting practices is strongly preferred.
Compensation: $106,000 - $132,000, based on skills and experience.
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