Chief Lending Officer

Credit Union of Denver

Denver, CO

USA

Position Description

CHIEF LENDING OFFICER
Credit Union of Denver
$1.2B Assets
Lakewood, CO

To be a trusted partner for our members in reaching their financial goals by providing superior value, products, and service.

Credit Union of Denver aspires to enrich our members’ financial well-being by delivering the best value, innovation, and personalized service, all while remaining financially strong. Since 1931, we have grown from eight members to more than 71,000 members and over $1.2 billion in assets. While much has changed over those 93 years, two areas that have remained constant are how much we value our member-owners and the team of Credit Union of Denver employees who serve them.

Credit Union of Denver is seeking a visionary Chief Lending Officer (CLO) to spearhead efforts in modernizing and optimizing lending and financial services processes within the rapidly evolving financial institution landscape. Reporting directly to the CEO, the CLO will play a key role in aligning lending strategies with organizational goals, leveraging emerging technologies, and enhancing member experience.

The CLO will oversee and direct all aspects of financial services, including consumer, mortgage, and business lending, underwriting, title work, lien process, loss mitigation, and new accounts. This position requires a strategic senior leader who possesses strong analytical and critical thinking skills, exceptional leadership ability, and a proven history of growing a sound loan portfolio. The CLO will also bring an innovative approach to the lending process to support the credit union mission and its members.

This role involves developing, recommending, and implementing strategic goals, evaluating emerging technologies, and ensuring compliance with state and federal regulations. Additionally, the CLO will foster a culture of collaboration, innovation, and excellence within the financial services department and across the organization.

At Credit Union of Denver, we are committed to excellence and innovation. As we embark on significant transformation initiatives, we are looking for a dynamic leader to shape the future of our lending, support, and loss mitigation departments. With a focus on collaboration, compliance, and continuous improvement, we’re dedicated to providing exceptional service to our members while driving growth and profitability.

Key Responsibilities:

Lead the strategic planning and implementation of departmental goals
Evaluate and implement innovative technology solutions to enhance departmental performance
Develop and manage departmental budgets
Foster a cooperative and collaborative environment
Review and revise lending policies, procedures, and guidelines to ensure compliance
Supervise, train, and mentor departmental staff
Recommend and implement new programs to improve financial service offerings to our members
Ensure adherence to underwriting policy, procedures, guidelines, and regulatory requirements
Monitor performance and adjust as appropriate to achieve organizational goals
Qualifications:

Master’s degree or bachelor’s degree with professional certification preferred
10 years experience in lending including, but not limited to, consumer, mortgage, commercial, and secondary market. Extensive leadership and loan portfolio management experience required
Strong knowledge of lending regulations and financial products
Experience working directly with legal counsel on lending functions and collections activities
In-depth knowledge of lending products, credit risk management, underwriting principles, and regulatory compliance requirements
Excellent communication, decision-making, and leadership skills
Ability to prioritize, resolve problems, and maintain confidentiality
Rate of Pay: $242,000.00 – $271,500.00/year (may be eligible for a discretionary bonus at year-end, dependent upon the Credit Union and individual meeting established goals and financial performance metrics)

Location: 9305 West Alameda Avenue, Lakewood, CO 80226

Benefits Offered:

Medical Insurance- 3 plans to choose from, including a $0 cost plan option
Dental Insurance- 2 plans to choose from, including orthodontic coverage
Vision Insurance
Paid Life & AD&D Insurance
Voluntary Life Insurance
Short-Term & Long-Term Disability Insurance
Mutual of Omaha Supplemental Insurance
Flexible Spending Accounts
401 (k) Safe Harbor Plan with early enrollment eligibility. Employer contributes 100% of the first 4% of employee contributions and 2% of employee earnings, up to the limits allowed by law
Executive 457(b) Plan
Travel Insurance Discount
Will Preparation Discount
Generous Vacation & Sick Leave
Vacation Cash Out
Ten paid Holidays
Bereavement & Jury Duty Leave
Profit-Sharing Program
Service Awards
Educational/Certification Assistance
Employee Development
Early Access to Earned Wages
Employee Assistance Program
Employee Wellness Program, including challenges and activities that promote physical and mental health
Loan Rate Discounts
Employee Discounts through LifeMart include travel, hotels, childcare, cars, groceries, and much more
Relocation assistance
Complimentary parking
ABOUT DDJ MYERS, an ALM First Company

DDJ Myers is the executive search consultant for this organization. Our expertise is in supporting leadership teams in sustainable practices for high-performing organizations through succession planning, leadership development programs, executive coaching, board governance and renewal, and executive search. Please learn more about us at www.ddjmyers.com.

Job Position Type
Executive
Application Deadline
Jul. 1, 2024