VP Credit bei Vibrant Credit Union

Description

Position Overview: The VP of Credit is a senior leadership role responsible for overseeing all credit-related activities within the credit union, including underwriting, commercial lending, credit risk management, and portfolio performance. This role ensures compliance with regulatory standards and internal policies while driving growth in both retail and commercial lending.

What You Will Do:

Strategic Leadership & Oversight

• Participate in the development of corporate strategies and policies.
• Lead the Credit Division in alignment with the credit union’s mission and strategic goals.
• Provide strategic advice on all credit matters to the executive team.

Credit Risk & Underwriting

• Oversee underwriting standards and ensure consistent application across all loan types.
• Perform underwriting duties as business requires.
• Review and approve loans within assigned limits; escalate as needed.
• Ensure credit adjudication complies with internal policies and regulatory guidelines.

Commercial Lending

• Direct the commercial lending team in origination, structuring and underwriting of loans.
• Pursue new business opportunities and maintain relationships with business and community partners.
• Monitor commercial loan performance and recommend adjustments to mitigate risk.

Retail Lending

• Oversee consumer loan portfolios including auto, equipment, mortgage, personal loans, and lines of credit.
• Ensure compliance across all retail lending operations.

Capital Markets

• Responsible for assessing risk and recommending participations and pools for purchase.
• Establish pre and post purchase quality control underwriting reviews of purchased loans.

Policy & Compliance

• Develop, revise, and implement credit policies and procedures.
• Respond to audit findings and ensure regulatory compliance.
• Monitor risk indicators and recommend mitigation strategies.

Team Leadership & Development

• Provide coaching and performance management for direct reports.
• Foster a culture of continuous improvement and professional development.

Reporting & Communication

• Prepare and present reports on credit performance, risk, and strategic initiatives.
• Collaborate with other departments including Finance, Operations, and Marketing.

Requirements

Our Ideal Candidate

• Bachelor’s, MBA, CPA, or equivalent advanced degree preferred.
• 10–15 years of experience in credit and lending, with at least 5 years in a senior leadership role.
• Proven expertise in commercial and consumer lending, underwriting, and credit risk.
• Strong leadership and interpersonal skills.
• Deep understanding of credit union philosophy, structure, and regulatory environment.
• Hands on leader who actively participates in day-to-day underwriting tasks.

Reports to

• Chief Lending Officer

Environmental and Physical Activity Requirements: 

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets, and fax machines. The daily responsibilities of this position constantly require effective talking, hearing, walking, finger dexterity, reaching, stooping, and grasping functions. The position also often requires reaching and lifting (up to 25 pounds). Frequent sitting, standing, and repetitive motion activities are also required. Must be able to read print and computer-based materials and to do so with consistent accuracy. Most of these functions require light physical exertion and are conducted indoors at controlled degrees of temperature.

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.