Join the DFCU Financial team today, and discover the benefits, rewards and development opportunities from one of the largest and best managed credit unions in the country.
The Opportunity: We are seeking an SVP, Director of Mortgage Lending to join our team. This position has overall management responsibility for the DFCU mortgage sales, mortgage servicing and mortgage operations departments in both Florida and Michigan.
What You'll Do:
Evaluate loan portfolios and analyze developing trends.
Manage underwriting risks.
Implement lending models and create operational efficiencies.
Play a key role in the strategic planning process.
Implement budgets to achieve stated service and financial goals.
Partner with Treasury in monitoring and setting interest rates based on corporate guidelines.
Design new products to support membership needs and oversee the implementation.
Review loan production and delinquency reports to ensure policies and procedures are being followed.
Participate in the development and recommendation of loan objectives, policies and practices.
Develop a policy on mortgage rate exceptions and update annually as needed
Exercise administrative control over all phases of loan operations, directly through subordinates.
Meet regularly with department heads to discuss department status.
Maintain a working knowledge of regulatory and compliance requirements.
Supervise the management of Mortgage Operations, Sales, and Servicing departments.
Attend and actively participate in the Monthly Loan Committee content and discussion.
Able to develop mortgage talent pipeline to maintain and expand team throughout the Florida and Michigan field of membership.
Build and maintain effective partnership skills to leverage business opportunities with commercial banking, wealth management and branches.
Partner with marketing to leverage strategies to increase residential lending production.
What You'll Need:
Bachelor's degree in related field or related equivalent experience.
10+ years of Mortgage Lending management experience.
Demonstrated experience with overall lending budget and staff planning, including containing the cost of production.
Able to oversee and implement technological advancements.
Strong problem-solving skills.
Proficient in project management.
Able to ensure compliance with regulatory requirements.
Able to analyze lending products, programs statistics and financial data.
Able to implement a strategic lending program to position the credit union as lender of choice.
What We Offer:
Potential for a hybrid work schedule
401k plan match, dollar for dollar up to 4%
401k additional employer contribution after one year at 5%
Employee bonus program
Medical, dental and vision insurance effective date of hire
Health savings account (HSA)
Flexible spending accounts for medical and dependent care expenses
Adoption assistance for qualified expenses maximum $10,000 per child
Wellness initiatives and reimbursements
Pre-paid legal services plan
Identity protection plan
Accident supplemental plan
Short & long term disability plans paid for by company
Company provided basic life insurance of $50,000 plus supplemental for employee, spouse and child
Pet Insurance
Free financial planning assistance
Numerous fun employee events throughout the year
Volunteer and community engagement opportunities
Employee loan discounts (closed-end loans)
Discounts with local and national companies through DFCU Perks
Service / anniversary awards
Employee discounts for company logo wear
Employee referral payouts for recruiting your friends and family
Paid lunch time
Tuition reimbursement / Education assistance
Ongoing training opportunities
Leadership development program
Paid time off
Paid holidays (13 per year)
Flexible scheduling for students
Equal Opportunity Employer / Disabled / Veterans
