Chief Lending Officer

The Chief Lending Officer (CLO) serves as a member of the Executive Leadership Team and is responsible for the strategic direction, growth, profitability, risk management, and operational effectiveness of all lending functions across Credit Union of Colorado. The CLO provides executive leadership for consumer lending, indirect lending, mortgage lending, home equity lending, business lending, collections, and lending operations. The CLO is accountable for the overall performance and quality of the Credit Union's loan portfolio and ensures lending activities align with the Core Values, Strategic Areas of Focus, business plan, financial objectives, risk appetite, regulatory requirements, and member experience goals.

Responsibilities

Serve as a member of the Executive Leadership Team and contribute to the development and execution of organizational strategy; Develop and execute a comprehensive lending strategy supporting growth, profitability, member service, and long-term organizational objectives; Provide leadership and direction for all lending-related functions including consumer, indirect, mortgage, home equity, business, collections, and lending operations; Accountable for loan portfolio growth, yield, profitability, diversification, and overall performance; Establish and monitor key performance indicators and production goals; Provide executive oversight of underwriting standards, credit policy, and loan quality; Monitor delinquency, charge-offs, recoveries, and asset quality trends; Oversee lending operations to ensure efficient service delivery and a positive member experience; Lead lending technology initiatives, digital lending platforms, automated decisioning tools, and process improvements while leveraging artificial intelligence effectively and responsibly; Provide regular reports and strategic recommendations to Executive Management and the Board of Directors; Serve as the primary executive liaison with regulators, auditors, and examiners regarding lending activities; Adhere to all Federal and State laws and regulations applicable to the credit union, including the Bank Secrecy Act and OFAC; Lead, develop, and mentor lending leaders and team members; Ensure lending programs provide exceptional value and service to members; Maintain effective relationships with business partners, vendors, industry associations, and community organizations

Requirements

Bachelor's degree in Finance, Business Administration, Economics, Accounting, or related field required; Minimum of ten (10) years of progressive lending experience within a credit union, bank, or financial services organization; Ten or more years of executive or senior leadership experience overseeing multiple lending disciplines; Demonstrated experience managing large and complex consumer, mortgage, indirect, and business lending portfolios; Proven success developing and executing growth strategies while maintaining strong credit quality and regulatory compliance; Experience presenting to Executive Management, Boards of Directors, regulators, and external auditors required; Comprehensive knowledge of consumer, mortgage, indirect, and business lending; Strong understanding of credit risk management and portfolio analytics; Knowledge of NCUA regulations, consumer compliance regulations, and lending-related laws; Exceptional strategic planning and business acumen; Strong leadership, communication, and relationship-building skills; Ability to analyze complex financial and operational data; Proven ability to lead organizational change and drive results

Nice to have

Master's degree preferred

Benefits

Pay-for-performance compensation program; bonuses; competitive benefits package