Chief Lending Officer

The posting, as Credit Union of Colorado wrote it

Remote Eligible: Hybrid

We offer a pay-for-performance compensation program including bonuses for all employees and a competitive benefits package. See https://www.cuofco.org/careers for a high-level overview of our benefits package and bonus offerings.

General Purpose of the Position

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. The position works closely with the Executive Leadership Team, management team, regulators, and external partners to support sustainable growth and deliver exceptional value to members.

Essential Duties and Responsibilities

• Strategic Leadership and Executive Oversight
• Serves as a member of the Executive Leadership Team and contributes to the development and execution of organizational strategy.
• Develops and executes a comprehensive lending strategy that supports growth, profitability, member service, and long-term organizational objectives.
• Provides leadership and direction for all lending-related functions including consumer, indirect, mortgage, home equity, business, collections, and lending operations.
• Identifies growth opportunities, market trends, and emerging risks impacting lending activities.
• Collaborates with executive leadership to support strategic planning, budgeting, and resource allocation.
• Portfolio Growth, Profitability, and Performance
• Accountable for loan portfolio growth, yield, profitability, diversification, and overall performance.
• Establishes and monitors key performance indicators and production goals.
• Evaluates portfolio trends and opportunities using data analytics and business intelligence tools.
• Develops initiatives to improve loan production, member penetration, and operational efficiency.
• Ensures lending activities support the Credit Union's financial objectives and balance sheet strategy.

Credit Risk Management and Asset Quality

• Provides executive oversight of underwriting standards, credit policy, and loan quality.
• Establishes appropriate risk tolerances and portfolio concentration limits.
• Monitors delinquency, charge-offs, recoveries, and asset quality trends.
• Ensures effective collection and workout strategies are in place.
• Partners with Finance and Risk Management to maintain a safe and sound lending program.

Lending Operations and
[…]
skills. Ability to analyze complex financial and operational data. Proven ability to lead organizational change and drive results.

DIRECT REPORTS

Director of Consumer Lending; Director of Mortgage Lending and Member Solutions; Director of Commercial and Business Banking

PHYSICAL DEMANDS

While performing the duties of this job, the employee is typically required to remain stationary for long periods and is occasionally required to lift/move or transport up to 10 pounds. Employee will need to occasionally move about inside an office to access files, mail, office machinery, etc. and constantly operates a computer and other office equipment, such as a phone, copier/printer, etc. Will need to position self to maintain computers, including under desks and in the server closet. Employee will frequently communicate with members and co-workers and must be able to exchange accurate information in these situations. Employee will travel to visit CU location as needed. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Core Competencies

Every position at Credit Union of Colorado is grounded in our organizational Core Values and Core Competencies. These skills and behaviors guide how we work, collaborate, and deliver results. Click here to view our Core Values and Core Competencies on Atlas.

Credit Union of Colorado is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, veteran status, or any other characteristic protected by applicable federal, state, or local laws.

Please note applicants can redact any information that identifies their age, birth date, or dates of schooling on either their resume or any additional materials provided.