Vice President Business Lending

WSECU is looking for a collaborative leader who will provide oversight and strategic direction for all aspects of WSECU's Commercial Real Estate (CRE) and Small Business lending and servicing activities. This person is responsible for the member borrowing experience, along with the execution of the Credit Union's risk strategy through underwriting, and oversight of all commercial and small business loan servicing.

The Vice President of Business Lending provides oversight, strategic direction and responsibility for the commercial and small business borrowing experience and for all aspects of WSECU's commercial and small business lending activities. This includes the Commercial Sales Team, Credit Administration, Small Business Sales & Operation, and Servicing of these portfolios. The Vice President will drive commercial and small business lending origination strategies and business plans with the support of direct reports, who will manage the day-to-day operations and delivery of service in each department.

As the VP of Business Lending, your day might include:

• Developing and overseeing implementation of the annual Commercial and Small Business Lending Strategy and Business Plan
• Overseeing productivity and workflow efficiencies of all commercial and small business lending programs and back-office lending operations
• Ensuring achievement of service level standards, specifically Voice of Member and Co-worker Surveys
• Developing and implementing lending policies and underwriting guidelines to ensure quality and integrity of loan portfolio
• Recommending new products and pricing strategies in all areas of commercial and small business lending to meet current and future member needs. Managing product margins while maintaining the quality of the loan portfolio, and continually assessing the organization's credit risk, concentration limits, and liquidity
• Maintaining knowledge of the commercial and small business lending landscape to ensure WSECU's lending programs remain relevant
• Assuring compliance with state and federal laws
• Providing strong leadership to managers in each area of responsibility through regular coaching, evaluations, employee development and training
• Recommending and overseeing related budgeting of revenue, expense and production projections
• Working with the Marketing Department to drive results toward meeting production goals
• Working collaboratively with all areas of the credit union and external business partners to accomplish strategic goals and ensure the appropriate levels of compliance and service

What you bring to the team:

• Bachelor's degree in business or related field with at least five (5) years of successful, well-rounded management experience in a financial institution in all aspects of lending. MBA is highly desirable
• Ten (10) years of experience in commercial real estate lending, small business lending, Small Business Administration (SBA), credit administration and underwriting
• Technically proficient in credit analysis, financial statements, underwriting criteria and risk scoring
• Proven leadership skills and the ability to drive high quality loan growth through lending products, delivery channels and superior member service
• Experience leading teams responsible for small business services (i.e. Payroll Services, ACH, Sweep Accounts, Merchant Services, etc.)
• Up-to-date knowledge of evolving technology, automation, industry trends, state and federal regulations pertaining to commercial and small business loans
• Proficiency in PC software, including Microsoft programs and standard lending systems and the ability to learn credit union-specific operating systems and programs
• Budgeting and strong presentation experience

Competitive Base Pay: $161,434.11 - $269,056.86 annually, dependent on relevant qualifications, plus an annual discretionary incentive plan and benefits package.

• The target starting pay for this position is $161,434.11 - $215,245.48 annually, typically within thefirst half of the range. Actual offers will be based on individual qualifications relevant to the role and will not take an applicant's pay history into account.
• The range above allows our employees room for growth through annual merit and other pay increase during their tenure in the position.

Where we're located: 330 Union Ave, Olympia WA. Employee must reside and perform all work in the state of Washington. This is a hybrid position that blends working in-office and from home. Works onsite at least 2 occasions per week.

When you'd work: Monday - Friday, 8:30 am - 5:30 pm, full time minimum 40 hours per week, with scheduling flexibility to meet service needs for this Exempt position

Working from home/hybrid requirements:

• Reliable, high-speed home internet connection
• Private, confidential workspace, away from distractions and other people
• Suitable desk/surface and desk chair

Perks: Here are a few benefits and perks we offer:

• Medical, Dental, Vision, and Life Insurance with Premiums paid by WSECU
• Full-Time Regular employees accrue general leave and sick leave, on a monthly basis
• 11 Paid Holidays
• Employer paid Long Term Disability & Long-Term Care plan for Full-Time employees
• 401(K) with 8.5% Contribution by WSECU to begin 1st quarter after 1 year of service
• Paid Volunteer Leave
• Tuition Assistance
• Employee Assistance Program & Employee Discounts
• And, you get to work with some awesome people!

WSECU is honored to be recognized as the number one credit union in the state on Forbes magazine's list of best credit unions in Washington. Members are at the heart of everything we do. Their feedback helps us determine our path and knowing that same member feedback led to this recognition is incredibly rewarding

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We champion our employees' unique differences because we believe diversity is critical to the success of our members and the communities we serve. We're proud to provide a workplace based on equality and do not discriminate based on race, color, religion, creed, national origin, ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, marital status, or any other legally recognized protected basis under federal, state or local law.

Accommodations are available for applicants with disabilities. If you are an individual with a disability and require a reasonable application to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact 800.562.0999 x11111 or email us for assistance.