Loan Production & Sales Manager

Northwest Federal Credit Union
Herndon, VA
Dec 03, 2021
Dec 05, 2021
Full Time
Overview: For more than 70 years, Northwest Federal Credit Union has provided valuable financial products and services for our members. Northwest offers employees a comprehensive benefits program including: medical and dental plans, paid time off, a generous 401k match, student loan assistance, parental leave, and the opportunity to grow professionally through a wide range of job-based, classroom and on-linetraining resources. Northwest Federal Credit Union has been recognized, for the second consecutive year, as a 2021 Top Workplace by The Washington Post and we believe that our success is built upon the excellence and achievement of our employees. Together, we serve and inspire to transform lives.The Loan Production and Sales Manager has responsibility for all aspects of the loan production process including origination, processing, closing, and funding through the Credit Unions on-line channels. The Loan Productions & Sales Manager is also responsible for achieving service, sales, and operational performance excellence while managing associated risk and compliance for all activities of a large lending pipeline.The Loan Production and Sales Manager is responsible for developing goals and associated activities to ensure organizational and team objectives are met or exceeded. The Loan Production and Sales Manager must be highly responsive to issues and concerns from members and internal staff to ensure timely resolution. Responsibilities: Develop, review, and recommend strategies, objectives, policies and procedures for Consumer Lending division that support the credit unions goals and missionResponsible for the direction, coordination, and evaluation of production of all Consumer Lending Loan Production functions, with heavy emphasis on introducing additional products to our membersProvide daily direct operational oversight of Consumer Loan staff to include loan origination, funding, sales internal controls, compliance, policies and procedures and direct oversight of Consumer Loan Officers and Loan ProcessorsMonitor, coach, and train loan officers on risk management, consumer privacy, and information security as it relates to their daily job dutiesResponsible for evaluating the training requirements of lending staff and partner with the internal training department to implement additional training opportunitiesEffectively perform administrative/managerial responsibilities including performance appraisals, progression plans, recruiting, interviewing, and hiringResponsible for sales initiatives in the department, ensuring cross-sales meet established goalsPrepare reports and scorecardsInterpret, understand, and explain lending and deposit products, services, and features to employees or customers when problems are escalatedEnsure all loan production policies, procedures, and guidelines are created and properly communicated to staffParticipate in the development of new and revised procedures, methods, and forms that have an effect on the functions, responsibilities, and activities of Consumer LendingRoutinely review individual and team production and quality reports to ensure performance issues and compliance findings are correctedWork directly with appropriate internal staff to ensure optimal set-up and functionality of primary consumer lending systems, specifically Meridian Link (LoansPQ)Keeps division informed of pertinent policies, procedures, and regulations affecting the credit union and their jobsProvides regular updates and alerts regarding all Consumer Lending functions to the VP, Consumer LendingParticipate in coordination with VP, Consumer Lending in the development of loan strategies, marketing campaigns, annual budget process, monthly business reviews, daily assignments and special projectsMust have the ability to work under critical time constraints and service level agreementsAbility to make decisions and exercise discretion and confidentiality with regards to member/employee informationPerforms other related duties as assignedAdhere to Bank Secrecy Act (BSA) regulations and all related Credit Union policies and procedures Qualifications: Bachelors Degree and a minimum of 5 years experience in all aspects of Consumer Lending, with at least three years previous experience in a management/leadership role is requiredMinimum 5 years experience in a Consumer Lending Manager role can be considered in lieu of Bachelors degreeIn-depth knowledge of Federal and State Credit Union/Banking Regulations, including Regulation B, Regulation Z, and the Card ActExtensive experience with all aspects of the loan process including origination, underwriting, closing, funding, and quality control. Must possess understanding of critical regulatory and financial guidelinesMust possess understanding of critical regulatory and financial guidelinesAs a COVID-19 safety measure, our employees must either provide proof of COVID-19 vaccination or follow additional safety protocols, including testing. EEO Notice: Northwest Federal Credit Union is an Equal Opportunity Employer and will consider all qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity, genetic information, national origin, disability, protected veteran status or any other classification protected by law.NWFCU complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Human Resources Department at 703-709-8900