Lending Operations Manager

4 weeks ago


San Jose, California, United States Commonwealth Central Credit Union Full time

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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