Title: Chief Lending Officer

DEPT: Executive 

REPORTS TO: President 

CLASSIFICATION: Exempt, Full-Time

Location: Remote; AL; CA; IL; FL; MA; NC; NJ; NY; PA; TX; UT; VA

Pay Salary: $250,000-$400,000, bonus eligible. 

Position Summary: This position is responsible for directing all lending operations, including commercial, consumer, and mortgage portfolios. They develop lending strategies, manage credit risk, ensure regulatory compliance, and lead teams to achieve loan growth and profitability goals for banks.

Responsibilities:

• Strategic Leadership: Develops and implements lending strategies to meet organizational growth and profitability goals.
• Risk Management: Sets underwriting guidelines, monitors portfolio quality, manages delinquencies, and ensures compliance with state and federal lending laws.
• Operational Oversight: Manages the entire loan lifecycle, including origination, underwriting, processing, and servicing.
• Product Development: Identifies market opportunities to create competitive loan products, services, and pricing strategies.
• Team Leadership: Mentors and manages the loan department staff, fostering a high-performance, member- or customer-centric culture.
• Board & Senior Management Liaison: Reports on portfolio performance, loan quality, and strategic initiatives to the CEO and Board of Directors.
• Serves as a member of the Company’s Asset-Liability Management Committee (ALCO); contributes to development of and adherence to appropriate loan pricing disciplines within construct of prudent ALCO guidelines.
• Monitors and assist in developing enhanced credit training for all lenders.
• Participates with lenders on customer and prospect calls, when appropriate.
• Monitors document exception management by lenders.
• Be actively engaged in strategic community involvement activities and serving as one of the Company’s leading ambassadors.
• Lead as a culture champion contributing to a positive working environment through words and actions.
• Responsible for ensuring internal and external customers receive outstanding service.
• Promote adherence to all laws concerning financial institutions.
• Regular and dependable attendance. 
• All other duties as required by business needs.

Requirements:

·      Experience: 10–15 years of relevant experience in lending or financial management, with significant commercial or consumer lending expertise.

·      Education: Bachelor’s degree in finance, economics, or business administration is required; an MBA is preferred.

·      Knowledge: Deep understanding of credit analysis, risk analytics, and regulatory compliance (e.g., Dodd-Frank, fair lending laws). Loan portfolio growth rate. Delinquency and charge-off ratios.Net interest margin on loan products. Regulatory compliance rating.

·      

Soft Skills: Strong leadership, strategic planning, communication, and negotiation skills

·      Proficient with Microsoft Office, particularly Word and Excel.

·      Knowledge of loan documentation in order to remain compliant with Federal regulations, and Bank policies and procedures.

·      Knowledge of all phases of lending, including laws and regulations governing business (including SBA experience), agricultural and consumer lending.

·      Business financial analysis expertise.

·      Familiarity with state and federal banking laws.

·      Strong leadership skills.

·      Ability to motivate and delegate.

·      Skilled in data review and decision-making.

·      Loan evaluation proficiency.

·      Competence in analyzing complex laws and contracts.

·      Effective response to sensitive inquiries and complaints.