Chief Lending Officer

We’re Canvas Credit Union

We’re passionate about transforming financial services. Our members, families, and the communities we call home motivate everything we do. As part of the credit union movement, we believe in providing our members with education, support, and guidance to build strong financial futures.

At Canvas, we’re dedicated to transforming financial services from the inside out.

Our culture is a top priority and second to none. We strive to balance hard work and high achievement with a fun, supportive environment.

The Chief Lending Officer strategically manages all areas of the Credit Union’s Lending function. The CLO will be responsible for loan portfolio management and risk analysis. Developing and implementing compliant and sound loan practices and procedures and driving loan growth and innovative product development across Residential, Commercial, and Consumer Lending areas. Primary leadership responsible for risk management and strict adherence to compliance, audit and regulatory requirements. Serves as a member of the executive management team, which oversees all aspects of credit union management including strategic planning and implementation of strategic initiatives.

Essential Duties/Responsibilities

• Develop and maintain effective lending practices to meet loan production, portfolio yield and service quality; oversee and carry out all strategic initiatives pertaining to lending policies and practices.
• Manage the loan portfolios, expand loan operations into new markets, strengthen the product line and streamline processes within the lending department.
• Control lending profitability, interpret and present on lending and financial reports; report to the Executive team and Board of Directors on the lending performance of Canvas’ loan portfolios.
• Participate as a member of executive management in developing short- and long-range plans, strategies and policies. Serves on various management committees.
• Implement policy, procedures and lending programs; and recommend new products and services.
• Ensure effective administration and regulatory compliance of corporate loan policies, programs, objectives and goals.
• Select and provide for the continuing development of subordinate managers and staff. Conducts annual performance reviews, and provides ongoing guidance, training and direction to managers in developing and implementing the Credit Union’s plans and objectives. Promotes cost consciousness and fiscal responsibility.
• Provide leadership in developing and enforcing appropriate lending controls.
• Responsible for budgeting, strategic planning and continual process improvement.
• Assumes other duties as necessary to achieve the strategic goals of the credit union.
• Performs other job-related duties as assigned.
• Pre-employment drug test and thorough background review (components include criminal, education, employment, address, social security number, motor vehicle record, global sanctions, and sex offender).

Expectations:

• Commit to excellence in all areas of job performance, relationship building and customer service.
• Provides the highest level of quality service to all internal and external members.
• Maintains a professional appearance and demeanor with a positive attitude.
• Demonstrate strong analytical abilities, decision making and problem-solving skills.
• To maintain a cohesive, highly trained and motivated staff, sufficient to meet the daily financial demands of the organization.
• Exhibit support for the organization’s goals, values, initiatives and cost control.
• Complies with Bank Secrecy Act (BSA) and other compliance requests and requirements.
• Prioritizes and plans work activities, demonstrating the use of efficient time management.
• Willing and able to learn/apply new skills and software applications; adaptable to change.
• Follows all safety and security guidelines to properly safeguard member and organization assets.

Job Qualifications

Knowledge, Skill and Ability:

• Experience in commercial and residential lending products and services
• Strong working knowledge of regulatory compliance, and state/federal compliance and regulations
• Strong working knowledge of lending policies and credit union operations
• Strong working knowledge of profitability analysis and asset/liability management

Education or Formal Training: Bachelor’s Degree in Business, Finance or Accounting. Advanced degree preferred.

Experience:  Ten to fifteen years of progressively responsible related lending experience; or equivalent combination of education and experience. Preferably served as Chief Lending Officer in a Credit Union size of 4 billion assets or greater, with proven experience leading multiple lines including business, consumer, mortgage lending.

Canvas benefits

Medical/Dental/Vision Insurance

Paid Vacation 

Paid Sick Time 

Paid Holidays

Paid Wellness Day

Paid Volunteer Time

Flexible Spending Account

Health Savings Account

World Class 401(k) Plan

Tuition Reimbursement

Rate Discounts on Qualifying Loans

May be eligible for incentives or discretionary bonus based on results

This position will be open until filled.

The total compensation will be determined using a number of inputs. Based on external salary surveys and internal equity factors, the starting pay for this position is $300K/annual. The final pay rate determination will be based on asset size, relevant candidate experience, internal equity, and credit union and bank peer analysis. The position may be eligible for supplemental executive retirement plan, discretionary bonus based on company and individual performance, and allowance for car and cell phone. 

Working Environment/Physical Activities

Work involves extensive personal contact with members of the Board of Directors, community leaders, business leaders, credit unions, credit union service organizations (CUSO’s) and internal managers. Motivating others or getting them to do things that they might not do otherwise is a key to success for incumbents in this position. External contacts are vital, not only for the success of the position, but the success of the company overall. High volume, fast-paced, dynamic office environment with some travel.  Must be able to attend meetings and events outside of regular business hours.  The job routinely uses standard office equipment such as computers, phones, printers, copiers, fax machines and filing cabinets.  The position requires manual dexterity, the ability to lift files and open filing cabinets.  The position requires bending, stooping, or standing as necessary.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job.  Duties, responsibilities and activities may change at any time with or without notice.

Salary : $300,000