What are the responsibilities and job description for the Vice President Consumer Lending position at Korn Ferry?
Note : This role would be in the office 4-5 days per week. Candidates must be located (or willing to relocate) to the broader New York metro area.
SUMMARY :
A Community Bank is seeking a VP of Consumer Lending.
This individual will be responsible for the daily processes and leading a team of 20 across the Consumer Loans and Collections departments.
JOB DUTIES :
- Plans, organizes, and directs the activities of teams responsible for the processing, underwriting and origination of all direct consumer and indirect auto loan applications
- Develop, oversee testing and adding of new consumer loan products and programs on the POS / LOS systems, support pricing changes in the system.
- Plans, organizes, and participates in the activities of a collection staff that is responsible for collecting money on delinquent accounts for a variety of loans; devising loan payment settlements for members; determining when loans will be turned over to attorneys for collection or foreclosures; managing the process of repossessing and auctioning vehicles; and making recommendations on accepting auction bids on vehicles.
- Identify and develop the appropriate reporting across the consumer loans and collections units for reporting
- Ensures compliance with all Federal and State regulations that are related to lending and loan servicing requirements.
- Reviews and approves all employee loans to ensure confidentiality which involves reviewing loan applications with supporting documentation and approving loans based on established criteria.
- Performs other duties inherent in a managerial role and as needed upon request by immediate supervisor
QUALIFICATIONS & EDUCATION :
Compensation Range : $165,000 to $230,000 annually, bonus eligible
SE# 510699345
Salary : $165,000 - $230,000
