Executive Director of Lending & Collection

Advantage Financial FCU
Seeking an energetic, visionary individual to oversee and lead the strategic direction of all lending and collection operations.

This position reports to the CEO and requires strong collaboration with staff in multiple departments as well as a number of third party vendors. The position is responsible for generating loan growth, managing portfolio composition, enforcing lending policies and procedures and managing the overall credit quality of the loan portfolio all while ensuring members receive outstanding service. The Director of Lending also participates in overall strategic planning for the credit union.

Essential Duties and Responsibilities
• Ensure the proper functioning of the lending and collection departments.
• Hire and manage underwriting, collections and other clerical staff.
• Provide coaching and training to direct reports as well as branch staff.
• Ensure compliance with regulations and internal policies and procedures.
• Implement strategies to generate growth of the loan portfolio.
• Manage the interest rate risk inherent in the loan portfolio.
• Recommend, design and implement new products and services.
• Streamline workflow to improve the member experience.
• Monitor market conditions to keep credit union products and policies competitive.
• Manage underwriting and collection efforts to improve overall portfolio credit quality.
• Participate in determining the strategic direction of the credit union.

The ideal candidate will be self-motivated, hands on, creative and analytical with robust interpersonal skills. The candidate should have thorough knowledge and experience in all areas of lending and collections, including consumer loans, credit cards, home equity loans and mortgage loans as well as debt collection, loan workouts and bankruptcy. Excellent communication and diplomacy skills are a must. NMLS number required.

A Bachelor’s degree (or commensurate financial institution experience) plus a minimum of five years of progressive lending experience is required.

Please submit resume’ and salary requirements to djohnson@advfcu.org.

About Advantage Financial FCU
Advantage Financial FCU is headquartered in Washington DC with additional offices in Philadelphia, PA, Brooklyn, NY and Albany, NY. The credit union serves employees of the Department of Veterans Affairs in these locations as well as the Washington, DC community at large.