Director, Consumer Lending at NIH Federal Credit Union

Rockville, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

27 Apr, 26

Salary

139191.0

Posted On

27 Jan, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Consumer Lending, Loan Processing, Regulatory Compliance, Team Development, Process Management, Credit Quality, Data Analysis, Problem Solving, Leadership, Communication, Automation, Performance Management, Mentoring, Service Improvement, Risk Management, Loan Origination Systems

Industry

Banking

Description

Description This position will have a flexible hybrid work schedule. In office presence at our HQ in Rockville, MD is required. We are looking for more than just an employee, we are looking for a true team member dedicated to enhancing the member experience! Come join the credit union movement and Discover Banking With Heart at NIHFCU! At NIHFCU, one of our core values is investing in our employees, which is why we offer perks like these: • Benefit Package for all Full time employees includes health, dental, vision, Life • insurance benefits • 401(K) and profit sharing • Tuition Reimbursement • Career Advancement and development • Credit Union Membership with discounted services and products Learn how our NIHFCU team thrives—not only in making a difference for the members they serve, but for themselves! Want to know more about NIHFCU’s “Banking with Heart” career opportunities? #NIHFCUCareers #BestCreditUnions: Discover the Benefits of Working at NIHFCU | Discover Banking with Heart GENERAL SUMMARY The Director of Consumer Lending is a key leadership role responsible for managing NIHFCU’s consumer lending operations. Reporting to the Vice President of Lending, this individual will oversee the full lending lifecycle—from application through servicing—with a focus on loan processing efficiency, credit quality, regulatory compliance, and member satisfaction. This is a hands-on leadership position requiring strong process management, team development, and a deep understanding of consumer lending practices. MAJOR DUTIES AND RESPONSIBILITIES Lead and manage the day-to-day operations of the Consumer Lending Department, ensuring seamless loan origination, decisioning, processing, funding, and servicing. Design and implement workflows that maximize productivity, loan quality, and member experience. Improve automation and efficiency in the consumer loan origination process, including maximizing the capabilities of the Loan Origination System and increasing auto-decisioning rates. Monitor lead conversion rates and cross-sell performance of loans and ancillary products. Set and track team and individual performance goals using data dashboards and key performance indicators (KPIs). Serve as a subject matter expert and escalation point for complex loan scenarios, encouraging solution-oriented thinking. Serve as a project lead on initiatives related to new consumer loan products, services, and system enhancements. Ensure compliance with all applicable regulations and internal policies; maintain up-to-date guidelines, policies, and procedures. Coach and develop staff through mentoring, delegation, performance management, and training to foster a knowledgeable, service-driven team. Manage personnel functions, including performance reviews, improvement plans, coaching, and cross-training. Promote a culture of exceptional service by resolving escalated loan issues and driving continuous process improvement. Maintain, recommend, and implement policies and procedures that meet regulatory and business requirements. Respond to audit and regulatory exam findings by implementing corrective actions and process improvements. Oversee student lending programs, rates and vendor relationship with CU Student Choice. Requirements EDUCATION & EXPERIENCE 10+ years of progressive experience in consumer lending within a financial institution. Minimum 5 years of direct management experience in consumer lending operations and underwriting. Deep understanding of lending regulations, compliance requirements, and risk management best practices. Advanced technical skills and experience with the administration of consumer lending Loan Origination Systems. Strong leadership, analytical, problem-solving and communication skills. Proficiency in Microsoft Excel for reporting, data analysis, and visual presentation of metrics. REQUIRED COMPLIANCE COURSES Ensure that work results and processes comply with relevant laws and with established NIHFCU policies, procedures, and practices, including, but not limited to, the Bank Secrecy Act (BSA).Attend all required training or complete and pass all online required training courses as applicable. Salary Ranges: $111,353.04-$139,191.30 ; Exempt position. *Please note that the pay range listed represents the earning potential for this position and is only a general guideline that may be modified in the future. NIHFCU considers factors such as (but is not limited to) the scope and responsibilities of the position, the candidate’s applicable work and educational experience, the candidate’s certifications if required, and critical skills, as well as market and business considerations, including budgetary constraints and internal equity, when extending an offer. NIHFCU is an Equal Opportunity Employer and does not discriminate against employees or applicants based on race, color, religion, sex/gender, national origin, disability, age, or any other category protected by law.

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Responsibilities

The Director of Consumer Lending will manage NIHFCU’s consumer lending operations, overseeing the full lending lifecycle with a focus on efficiency and member satisfaction. This role includes leading the team, improving processes, and ensuring compliance with regulations.