Assistant Vice President Of Consumer Lending

What We Do....

NuMark's mission is to enrich the financial lives of our members. Our growing Credit Union has over 140 employees, nine Chicagoland branches, and over 50,000 combined members. We offer a full menu of financial services from mortgage and auto loans to free checking accounts and business services. NuMark Credit Union is dedicated to putting our members first, treating them like family and helping them do more with their money. We help members get to their fantastic future faster.

What You'll Love About Us....

At NuMark Credit Union, we recognize how vital our team is to the success of our organization. We believe that investing in the wellness and professional development of our people should be at the forefront of how we operate. Our focus is on making employees feel valued and supported because we know a strong team and positive culture is what gives us a competitive advantage in the markets that we serve.

NuMark Credit Union believes in social responsibility. You'll have opportunities to strengthen the communities we serve through volunteer days and fundraising programs. We have partnered with non-profits like the Northern Illinois Food Bank, Toys for Tots, The Bridge Teen Center, Wreaths Across America and other community organizations that make our neighborhoods a better place.

The Benefits....

We want to make sure you're taken care of, which is why we strive to offer competitive and cost-conscious benefits for you and your family. Full Time Employees can choose between several plans from Blue Cross Blue Shield (HMO or PPO), Dental, Vision, 3 weeks of Paid Time Off, Paid Holidays Off, Company Lunches and Parties, Birthday Holidays, Life Insurance (Company Paid), Short and Long Term Disability (Company Paid), 401(k) Savings Plan with Company Match, Flex Spending Account, AFLAC Portable Insurance Plans, Education Reimbursement for Bachelor or Master's Degrees, Employee Assistance Program, Paid Community Volunteer Time and Career Advancement Opportunities.

About The Role....

Under the general direction of the Vice President of Lending, oversees the production, staff and operations of the Indirect Lending and Centralized Underwriting Departments. Follows all established lending policies and procedures along with applicable laws and regulations. Assists as back-up support for the Vice President of Lending. This position is responsible for maintaining relationships with Indirect Dealer partners. Provides leadership, coaching and management of assigned staff.

What You'll Do...

• Lead and manage the Centralized Underwriting and Indirect loan departments.
• Assists in underwriting consumer and Indirect Lending loan applications.
• Assists in funding approval decisions for Manufactured Housing loans.
• Assists in calculations for Manufactured Housing reserves.
• Compiles and monitors reporting for Manufactured Housing, Consumer, and Indirect Lending.
• Monitors and adjusts strategic plans for both Retail artificial intelligence and Indirect Lending insurance programs.
• Responsible for Indirect Lending reserve reporting and payments.
• Ensure loans meet established lending requirements, policies and provide maximum profitability to the credit union while balancing risk.
• Helps to manage overall soundness of loan portfolios, with the ability to identify and develop long term strategies that will include initiatives such as portfolio mix, growth strategies and market conditions.
• Assist in research and development of new lending products, policies and procedures to plan for lending efficiencies and growth. Understands, manages and troubleshoots all lending computer software.
• Responsible for making sure that turn-around time on all loan requests, both Direct and Indirect are handled as quickly as possible, ensuring superlative service.
• Maintains good working relationship with participating dealer base including; promoting the Credit Union as the preferred lending source, presenting difficult denials in a positive relationship building manner, assuring prompt, courteous service.
• Travels for annual, quarterly or as needed dealer visits.
• Prospects, research, and vets new dealers for the Indirect Lending portfolio.
• Audits Indirect and Retail loan files for accuracy with respect to rates, term, titles and any other documentation required for a complete loan portfolio.
• Ensures the department remains in compliance with all BSA and lending policies and procedures.

The Knowledge, Skills, and Abilities You'll Need....

• Bachelor's Degree or commensurate experience in related field.
• At least five years of management experience preferably with both Retail Consumer and Indirect Lending, underwriting, servicing, sales, relationship building/maintenance, and conflict resolution.
• At least seven years of Consumer Lending experience in a full-service financial institution required.
• Ability to plan and organize the activities of others. Must be able to modify leadership style or managerial approach in order to achieve department and cross-servicing goals.
• Strong positive interpersonal and excellent communication skills required.
• Must be thoroughly knowledgeable of all Credit Union programs and services as well as the regulations and compliance issues related to them.
• Proficient in computer applications associated with the position.
• Highly energetic and motivated individual. Is goal oriented and results oriented.

Equal Opportunity Employer....

At NuMark Credit Union, we are proud to be an equal opportunity employer focused on the development of and inclusive workplace. We are committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. As such, we consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status.