Senior Vice President, Lending

SUMMARY

The Senior Vice President (SVP) of Lending shapes the future of our lending programs, ensuring they are accessible, competitive, and designed to meet the evolving needs of our members. The SVP of Lending leads with vision, strategy, and heart, driving sustainable loan growth while maintaining a strong risk management framework. This role works cross-functionally to foster collaboration, enhance the member experience, and position Mirastar as a leader in financial inclusion.

As part of the Senior Leadership Team (SLT), the SVP of Lending actively contributes to Organization Dialogue meetings, ensuring transparent communication across the organization. Additionally, this role serves on the Product Strategy Committee (PSC), providing recommendations on products, pricing, guidelines, and policy adjustments to drive strategic objectives. The SVP of Lending also plays a key role in monthly ALCO meetings, contributing insights on lending strategy, asset management, and market dynamics to support the credit union’s financial health and growth.

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be used to enable individuals with disabilities to perform the essential functions.

·         Education and/or Experience: Bachelor’s Degree with academic course work in business administration, finance, accounting, or other closely related fields of study; or a range of 8 to 10 years of progressive work experience in banking or finance; and/or equivalent combination of education and experience. A minimum of 5 years of senior management experience, leading employees in a lending environment including mortgage and consumer loan portfolios.

·         Certificates, Licenses, and Registrations: NMLS registration required.

·         Geographical Location: This position may be eligible for a flexible work arrangement. Individuals working in this position must be located within the state of California.

ESSENTIAL FUNCTIONS

·         Develop and execute lending strategies that expand access to credit, drive loan growth, and align with Mirastar’s mission and financial objectives.

·         Lead product innovation, continuously evaluating and enhancing loan offerings to remain competitive and meet members’ needs.

·         Oversee lending origination operations, ensuring a seamless end-to-end experience from application through funding.

·         Manage risk and financial performance, leveraging data-driven insights to balance growth with financial stability.

·         Monitor and manage consumer and mortgage loan origination, ensuring efficiency, compliance, and member satisfaction.

·         Oversee underwriting standards, policy development, and portfolio management, including the acquisition of loan participation pools.

·         Administer loan origination vendors and third-party lending software, optimizing systems and processes for operational excellence.

·         Provide leadership and training to lending staff, ensuring adherence to policies, procedures, and regulatory requirements.

·         Research and evaluate new loan products and market trends, ensuring Mirastar remains competitive and responsive to industry shifts.

·         Collaborate across departments to align lending initiatives with risk management, financial strategy, and member engagement.

·         Establish appropriate lending authority limits and maintain oversight on loan approvals within policy guidelines.

·         Champion a high-performance, member-first culture, fostering innovation, accountability, and operational efficiency.

·         Report relevant employee and member issues to the EVP/CFO & Chief Operating Officer. 

·         Perform other duties as assigned by the EVP/CFO & Chief Operating Officer.

·         Compliance with the Bank Secrecy Act, OFAC, and USA PATRIOT Act including but not limited to completing Member Identification Program requirements, customer due diligence, identifying high-risk accounts, and reporting suspicious activities to supervisor and BSA Officer.

PROFESSIONAL RELATIONSHIPS

In performing the above responsibilities, the Senior Vice President of Lending maintains the following relationships:

·         EVP/CFO & COO: Reports directly to and is accountable to the EVP/CFO & COO for interpreting and fulfilling the responsibilities outlined above and any additional tasks assigned.

·         Members and Co-workers: Provides prompt, courteous, accurate, and professional service to all members and co-workers.

·         Other Relationships: Maintains positive working relationships within the community and with other organizations to foster the exchange of ideas and operational improvements.

·         Supervisory Responsibilities: Manages all related leaders and department managers in the Lending Division. Responsible for the overall direction, coordination, and evaluation of these units. Performs supervisory duties in accordance with the organization's policies and applicable laws. Responsibilities include interviewing, hiring, and developing employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems; and recommending the termination of employees when appropriate.

KNOWLEDGE, SKILLS, AND ABILITIES

·         Strategic Leadership: Proven ability to develop and implement lending strategies that drive growth and align with organizational goals.

·         Lending Expertise: Deep knowledge of consumer, mortgage, and business lending, including underwriting, risk management, and regulatory compliance.

·         Financial Acumen: Strong understanding of asset/liability management, portfolio risk, and financial performance metrics.

·         Technology & Operations: Experience with loan origination systems, fintech partnerships, and optimizing lending origination processes for efficiency and member satisfaction.

·         Data-Driven Decision Making: Ability to analyze financial trends, member needs, and market conditions to inform lending strategy.

·         Collaboration & Influence: Skilled at working cross-functionally with executive leadership, risk management, member experience, and marketing teams.

·         Regulatory Knowledge: Familiarity with credit union lending regulations, compliance standards, and best practices.

·         Communication & Relationship Building: Strong ability to engage with internal stakeholders, external partners, and board members to drive alignment and success.

·         People Leadership: Experience leading and developing high-performing teams, fostering a culture of accountability and innovation.

·         Hungry: Always looking for more. More things to do. More to learn. More responsibility to take on. Self-motivated and diligent. Constantly thinking about the next step and the next opportunity.

·         Humble: Lack of excessive ego or concerns about status. Quick to point out the contributions of others and slow to seek attention for self. Shares credit, emphasizes team over self, and defines success collectively rather than individually.

·         Works Intelligently: Have common sense about people. Tend to know what is happening in a group situation and how to deal with others in the most effective way. Demonstrates good judgment and intuition around the subtleties of group dynamics and the impact of their words and actions.

PHYSICAL REQUIREMENTS

The physical demands described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the position’s essential functions.

·         Full-time hours required, with additional work hours as necessary to accomplish objectives, goals, and projects.

·         Occasionally lift and/or move up to 10 pounds.

EEO STATEMENT

Mirastar encourages diverse applicants to apply for all positions. Mirastar does not discriminate in employment opportunities or practices on the basis of race, color, religion, creed, sex, familial status, marital status or domestic partner status, national origin, age, disability, marital status, pregnancy, childbirth, breastfeeding or related condition, ancestry, medical condition including genetic characteristics, veteran or military status, sexual orientation, gender identify, gender expression, any persons holding an undocumented “AB 60” driver’s license, or any other characteristic protected by law. This provision also includes the perception that anyone has any of the above characteristics or is associated with a person who has or is perceived as having any one of these characteristics. Discrimination based on any of these protected classifications is unlawful and is a violation of company policy. The Company makes all employment decisions without regard to these protected statuses and does not tolerate harassment or discrimination.

This job description is not an exclusive or exhaustive list of all job functions that an employee in this position may be asked to perform from time to time. Mirastar Federal Credit Union reserves the right to revise or change job duties and responsibilities as the need arises.

Salary : $229,099 - $286,373