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 applications

• Develop, 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 reporting

• Ensures 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 supervisor

QUALIFICATIONS & 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 eligible

SE# 510699345