Vice President Commercial Lending

The Vice President, Commercial Lending provides strategic oversight and leadership for commercial lending initiatives that create and maintain a leadership position for Langley.  The Vice President also oversees financial results and continued relevance of business lending products, programs, services, and Langley’s commercial loan portfolio. 

Essential Functions, Duties, and Responsibilities:

• Provides strategic oversight and input regarding:
  • Market (Member Needs, Competition, Trends, Innovations)
  • Economic Environment (Trends, Forecast, Impact)
  • Legislative/Regulatory Environment (Pending Issues, Implications, Impact)
  • Culture Development (Progress, Issues, Actions)
  • Strategic Goals (as identified in annual Success Sharing goals)
  • Financial Performance (ROA, Net Worth, Loan-to-Share, Delinquency, Net Charge-offs)
• Provides strategic direction and leadership in the development of marketing strategies and programs for commercial loan products.
• Establishes strategic objectives and specifies strategies and actions to achieve them.
• Administers commercial lending programs and operations to ensure sound lending in accordance with policies, standards, and regulations.
• Directs development and growth of department staff and provides oversight for recruiting efforts.
• Reviews reports/credit memos submitted by staff members to recommend approval or suggest changes.
• Assesses and manages commercial loan portfolio risk.
• Analyzes operations to evaluate performance of Langley and staff in meeting objectives to determine areas of potential cost reduction, program improvement, or policy change.
• Directs, plans, and implements policies, objectives, and activities to ensure continuing business operations, to maximize returns on investments, and to increase productivity.
• Manages the relationship between Langley’s commercial lending service providers.
• Negotiates contracts and agreements with vendors and other organizational entities.
• Prepares budgets including funding and implementation of programs.
• Leads and supports special projects.  

Qualifications:

• Bachelor’s Degree in Business Administration or related field or related experience in commercial lending required.
• At least ten years related experience in Commercial Lending preferred.
• At least five years management experience at a senior level preferred.

Competencies:

• Service Champion – Adopts a service orientation, building trusting relationships and delivering value for associates, members, and communities.
• Langley Ambassador – Demonstrates a passion for Langley’s vision, encouraging diversity, equity and inclusion while considering Langley’s values when making decisions and taking accountability for delivering results.
• Agile in Action – Adapts to changes in the business, demonstrating innovation to improve Langley and advance the business into the future.
• Team Driven – Collaborates across Langley, communicating with transparency and prioritizing a team-based approach that delivers optimal outcomes for associates, members, and communities.
• Continuous Learner – Maintains an understanding of Langley’s business and how value is delivered to members and actively pursues opportunities to grow oneself and strengthen the organization.

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions, duties, and responsibilities of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

Working Conditions:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  The noise level is typically moderate.

This job description is not designed to cover or contain a comprehensive listing of functions, duties or responsibilities that are required of the employee. Functions, duties, and responsibilities may change, or new ones may be assigned at any time with or without notice.