Director of Business Lending

• Develop and implement strategic plans and initiatives to achieve lending objectives, including loan volume growth, portfolio quality, and profitability.
• Lead and manage a team of lending professionals, providing direction, coaching, and support to ensure high performance and achievement of targets.
• Establish and maintain relationships with key business partners, such as referral sources, industry associations, and professional networks, to expand the Business lending network and drive business lending opportunities.
• Monitor market trends, competitor activities, and regulatory changes to identify potential risks and opportunities and make recommendations for adjustments to lending strategies.
• Collaborate with internal departments, including Retail, Small Business Services, Risk Management, Compliance, and Finance, to ensure alignment and adherence to policies, procedures, and regulatory requirements.
• Act as liaison to our third-party to implement and maintain effective credit underwriting and risk management practices to mitigate lending risks and maintain a high-quality loan portfolio.
• Participate in the development and implementation of lending products, pricing strategies, and marketing campaigns to attract and retain customers.
• Monitor and analyze lending performance metrics, prepare reports, and present findings and recommendations to senior management.
• Stay abreast of industry best practices, emerging technologies, and innovations in the lending field, and make recommendations for process improvements and system enhancements.

REQUIRED SKILLS/ABILITIES:

• Excellent leadership and people management skills, with the ability to motivate and inspire a team.
• Exceptional analytical and problem-solving abilities, with a strategic mindset.
• Effective communication and interpersonal skills, with the ability to build and maintain relationships with members and influence stakeholders and internal teams at all levels.
• Strong organizational and project management skills, with the ability to prioritize and manage multiple initiatives simultaneously.
• Proficiency in relevant lending software and systems.

QUALIFICATIONS:

• Prefer bachelor’s degree in business administration, finance, or a related field of service for 5 years.
• Prefer 5 years of progressive experience in Business lending, including 3 years in a leadership or managerial role.
• Proven track record of driving business growth, improving operational efficiency, and achieving lending targets.
• Strong knowledge of lending practices, regulations, and compliance requirements.
• Responsible for abiding and complying with the policy for compliance with the Bank Secrecy Act and anti-money laundering laws and regulations (BSA/AML) and the policy for compliance with office of foreign assets control laws and regulations (OFAC).