Director Credit Policy and Loan Review - Teachers Federal Credit Union : Job Details

Get AI-powered advice on this job and more exclusive features.Brief DescriptionJoin Our TeamFor over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of America's Best-In-State Credit Unions by Forbes Magazine in 2022, Teachers has grown into one of the leading credit unions in the United States. As we broaden our national reach, we will continue to ensure that Teachers is a Best Place to Bank and a Best Place to Work. Teachers offers a variety of exciting career opportunities ranging from part-time and full-time staffers to executive leadership roles.SummaryThe Director of Credit Policy and Loan Review is responsible for implementation and maintenance of the credit union's consumer, residential, and commercial lending policies. The leader provides management with an objective appraisal of the credit union's loan portfolio including an evaluation of credit quality and documentation ensuring compliance with established loan policies.Education And/or ExperienceBachelor's degree required (Bachelor's degree in business, finance, risk management) or accounting or a minimum of seven years directly related experience requiredMinimum seven years' experience within a bank or credit union, with three years leading or influencing peopleMinimum five years experience in loan review, credit policy, credit review, credit analysis, underwriting, or related discipline requiredUnderwriting experience in commercial and or residential lending requiredExperience writing and maintaining policies and procedures requiredFormal credit risk training and or certification strongly preferredJob ResponsibilitiesDevelops and implements comprehensive credit policies and procedures to effectively assess and manage credit riskPerforms regular loan portfolio reviews including commercial, real estate, and consumer loansMonitors and evaluates the performance of credit portfolios, identifying trends and potential areas of concernPrepares detailed reports and presentations for senior management regarding credit risk exposure and portfolio performanceSupports the Credit Risk and Fair Lending Committee by preparing the agenda, reporting, and supporting materials for the committeeDevelops, implements, and executes a comprehensive loan review program, including sample-based review of compliance with underwriting standards and credit policyCommunicates discrepancies or inconsistencies to loan officers or underwritersWorks closely with loan originators, underwriting, and loan operations to ensure compliance with applicable lending policies and the credit union's risk appetiteProvides support for audits and regulatory examsDevelops and prepares reporting for Management and Credit Risk and Fair Lending CommitteeProvides effective oversight and challengePerforms all duties inherent in the role of a manager*Performs other duties as needed upon request by immediate supervisorBenefits Of Joining The Teachers TeamWe provide a competitive compensation and benefits package that includes, but is not limited to:Paid time off for vacation, personal days, and holidaysFully-funded pension plan401(k) company contributionTeachers pays 100% of Dental & Vision premiumTuition reimbursement is offered to full-time employeesExclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through TeachersThe good faith range for this position is $136,000 - $170,000 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.To learn more about Teachers and to view a full list of our job opportunities please visit here to view: California Privacy NoticeSeniority level Seniority level DirectorEmployment type Employment type Full-timeJob function Job function Finance and SalesIndustries BankingReferrals increase your chances of interviewing at Teachers Federal Credit Union by 2xGet notified about new Director of Credit jobs in Hauppauge, NY .Director of Legal Credit and Diligence Operations Head of Systematic Credit Strategy Team (USA) Farmingdale, NY $150,000.00-$170,000.00 2 days agoStamford, CT $140,000.00-$160,000.00 2 weeks agoNorwalk, CT $147,000.00-$160,000.00 2 weeks agoMelville, NY $185,000.00-$220,000.00 2 days agoManaging Director, Transaction Advisory Services Stamford, CT $250,000.00-$400,000.00 1 day agoStamford, CT $110,000.00-$130,000.00 3 days agoManaging Director, Transaction Advisory Services Melville, NY $250,000.00-$400,000.00 1 day agoSenior Regional Director - Private Equity Senior Regional Director - Private Equity Farmingdale, NY $120,000.00-$150,000.00 2 weeks agoDeputy Director of Financial Aid Operations Fairfield, CT $90,000.00-$100,000.00 3 weeks agoDirector of Budgets & Contracts - Administration Mineola, NY $94,000.00-$116,000.00 3 weeks agoCredit Products Officer II (Commercial / Hybrid NY) We're unlocking community knowledge in a new way. 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