What are the responsibilities and job description for the Senior Vice President Commercial Lending Manager position at Lake Michigan Credit Union?
Job Title : Senior Vice President Commercial Lending Manager
Primary Location : Tampa, FL
Employee Status : full-time salary
Estimated Hours / Week : 38
Remote / Hybrid : No
What You’ll Get : (note varied offerings based on role and hours)
Weekly Pay
Comprehensive Health & Wellness package including Medical (with prescription coverage), Dental, and Vision
Matching Health Savings Account Contributions, Dependent Care flexible spending account (FSA)
Retirement options like 401 (k) with company match and pension
Paid time off : Vacation, Personal days, paid holidays, paid volunteer time, sick days, & flex time
Tuition reimbursement
To see a full list of our benefit offerings – check out this !
About this position :
The Senior Vice President Commercial Lending Manager is responsible for loan portfolio management, growth and maintenance as well as the review of individual performance, training and guidance for a group of Commercial Lenders. The Senior Vice President Commercial Lending Manager will possess thorough knowledge of commercial lending policy and depository services as well as an understanding of the LMCU mission, vision and values, business model philosophy, risk tolerance and culture. In addition to insuring high standards for customer service, work quality, presentations, and compliance with policies, the Senior Vice President Commercial Lending Manager is responsible for self-development by maintaining an individual professional development plan and similar plans for each assigned commercial loan officer.
What you’ll do :
Develop and manage a team of commercial loan officers. Identify skill gaps within team and align training opportunities to improve. Manage team pipeline reporting to provide accurate forecasting on weekly / monthly basis. Review team deals to assist with structuring, pricing and completeness of deal package. Monitors and reviews the performance of assigned commercial loan officers. Manages the hiring of new commercial loan officers. Sets assigned commercial loan officer goals.
Develop, manage and grow a commercial loan portfolio. Develop and maintain an active pipeline of new business. Makes outside sales calls on existing and prospective business members. Cross sell credit and noncredit products as appropriate. Be accessible to customer as point person and advocate as needed.
Partner with credit to ensure annual reviews and line of credit renewals are completed on a timely basis, for individual and team member portfolios. Ensure risk ratings are appropriate based on knowledge of the client. Analyze financial statements and related credit material to assess risk. Ensure all credit files include current financial statements. Complete loan closings as required. Follow current loans to ensure complete compliance with terms. Monitor portfolio for credit quality, past due credits and nonperforming loans.
Maintain a working knowledge of the credit union’s operating policies and procedures which impact commercial banking. Proactively keep abreast of industry trends. Consistently achieve assigned personal production plan goals.
The employee consistently demonstrates a commitment to the culture of Lake Michigan Credit Union. They exhibit the core values that define LMCU’s PRIDE culture (Passionate, Respectful, Innovative, Dependable, Empowered) and contribute to the success of others on the team. Example behaviors might include, but are not limited to : 1) Doing what’s right for the member and for each other; 2) Maintaining an optimistic and positive attitude towards others; 3) Demonstrating the highest standards of ethics and personal values; 4) Embracing diversity and upholding a culture of inclusion; 5) Sustaining credibility by following through on commitments; 6) Engaging in healthy dialogue to find win / win solutions.
What You’ll Bring :
Five years to eight years of similar or related experience, including preparatory experience. Prior supervisory experience is preferred.
A college degree in a business-related field of study.
Who We Are :
We’re proud of our past, thrilled with our present, and couldn’t be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.
As a credit union, LMCU is a not-for-profit institution, owned by its members, instead of corporate stockholders. We are accountable directly to our members, and they directly share in our success – benefitting by lower and fewer fees, better savings and checking interest rates, lower cost mortgages and a host of other advantages that simply don’t exist at traditional banks.
It’s about always doing what’s best and right for our members - it guides everything we do.
From friendly, knowledgeable and professional employees who greet you by name, to offering stellar value at every turn, LMCU works for its members.
Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day. As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members’ lifetime financial needs.
You’ll be encouraged to innovate and excel and we're committed to your empowerment as an employee, providing ongoing training, development, support, and opportunities for you to achieve your career goals.
Have additional questions about the role?
You may email us at : .
If you lack access to the internet or internet connectivity, or have a disability that hinders your ability to apply online, please choose one of the following options to obtain assistance :
Call us at : (616) 242-9790
Mail your resume to : 5664 Prairie Creek Drive, Caledonia, MI 49316
Please Note : These options are reserved for use by individuals requesting an accommodation as a candidate. Information received via these options will be routed to our HR team, who will provide appropriate assistance to facilitate the completion of LMCU’s online application.