Vice President Consumer Lending

Note: This role would be in the office 4-5 days per week. Candidates must be located (or willing to relocate) to the broader New York metro area.SUMMARY:A Community Bank is seeking a VP of Consumer Lending.This individual will be responsible for the daily processes and leading a team of 20+ across the Consumer Loans and Collections departments. JOB DUTIES:Plans, organizes, and directs the activities of teams responsible for the processing, underwriting and origination of all direct consumer and indirect auto loan applicationsDevelop, oversee testing and adding of new consumer loan products and programs on the POS / LOS systems, support pricing changes in the system.Plans, organizes, and participates in the activities of a collection staff that is responsible for collecting money on delinquent accounts for a variety of loans; devising loan payment settlements for members; determining when loans will be turned over to attorneys for collection or foreclosures; managing the process of repossessing and auctioning vehicles; and making recommendations on accepting auction bids on vehicles.Identify and develop the appropriate reporting across the consumer loans and collections units for reportingEnsures compliance with all Federal and State regulations that are related to lending and loan servicing requirements.Reviews and approves all employee loans to ensure confidentiality which involves reviewing loan applications with supporting documentation and approving loans based on established criteria. Performs other duties inherent in a managerial role and as needed upon request by immediate supervisorQUALIFICATIONS & EDUCATION:Bachelor's degree in a related field required.Minimum of ten years of lending experience with at least 5 years of management experience.Knowledge of lending principles and practices; Federal and state lending regulations and requirements, Collections practices, policies and procedures, bankruptcy and automated lending systems.Proficiency in Microsoft Excel and Word required.Strong oral/written communication, interpersonal, management, negotiating, analytical, problem-solving and multitasking skills, and detail orientation required.Requires National Mortgage Licensing System registration.Compensation Range: $165,000 to $230,000 annually, bonus eligibleSE# 510699345

Created: 2025-01-07