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Director of Consumer Lending, Portfolio Risk Management

Company: First Tech Federal Credit Union
Location: Hillsboro
Posted on: January 6, 2022

Job Description:

First Tech, one of America's largest and most admired credit unions, is an innovative and dynamic organization committed to providing our members with the highest level of service every day. We're in the market for a Director of Consumer Lending to lead our Underwriting and Predictive Credit Risk functions. This role is essential to driving our automated decisioning capabilities and serves as the key leader responsible for advancing our underwriting strategies, processes and procedures.Here's what you can expect from the job and what you need to be successful:Job DutiesOwn and manage the underwriting strategies for First Tech's Consumer Lending division across all product lines including, but not limited to, Student Loans, Auto Loans, Personal Loans, Personal Lines of Credit, and Credit CardsConceptualize, drive, implement and manage loan decisioning frameworks and technologies to shift loan decision ratios to predominantly automated decisionsOwn and manage third party relationships with credit risk intelligence providers ensuring alignment with internal objectives and appetites, as well as continuously evaluating machine learning models being deployedContinuously assess and adjust existing underwriting manuals, processes, procedures, and objectives in order to ensure optimal portfolio populations and mixes which balance growth objectives and risk tolerancesLead the underwriting and loan fulfillment teams through training, development, and accountabilityEnsure team(s) work efficiently and quickly to meet aggressive service/production level timelines, while still providing exceptional service and maintaining quality of workSet department policies and budgets, tracking key metrics to report on progress, and own the departmental P&L in conjunction with Product Management Directors and Vice PresidentServe as the subject matter expert for Consumer Lending underwriting, loan fulfillment and credit risk across the organization, including at the committee level and cross functionallyEssential SkillsMinimum 7 years' experience leading diverse teams including hiring, coaching and performance management, within a lending organizationMinimum 3 years' experience leading the installment underwriting, loan fulfillment and funding functions including development of processes, policies and procedures for both direct and indirect channelsMinimum 3 years' experience in Credit Card underwriting and strategic development, including scorecard development and portfolio management across the full consumer credit spectrumMinimum 5 years' in credit administration and ownership of credit decisions for a consumer loan portfolioExperience creating, delivering and managing business plans, strategies, and budgets that support departmental, divisional and institutional objectivesProject management experience; familiarity with Six Sigma/PMP methodologies preferredExperience managing vendor and third party solution relationships with partners such as Experian and FICOFoundational knowledge of credit risk analysis methodsExtensive knowledge of Fair Lending Laws and Regulations including Reg Z/Truth in Lending (TILA), Regulation B, General Contract Law and comprehensive understanding of regulatory oversight (NCUA and CFPB knowledge a plus)Knowledge of federal, and applicable state, consumer lending statutes and regulations including FACTA, FCRA and SCRAAbility to leverage alternative data and decisioning platforms preferredWorking knowledge of Microsoft Office SuiteMinimum Education: Bachelor's degree in Business Administration, other related fields of study or equivalent experience. Master's degree preferred.Location: Rocklin, CA 95765 or Hillsboro, OR 97124In 2022, we will be asking our employees to return to their assigned First Tech location in a hybrid work format that that will vary based on the role.What makes First Tech different? Click here to learn more!First Tech is not currently offering Visa sponsorship for this position#LI-EK#FTFConsumer#ZREqual Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

Keywords: First Tech Federal Credit Union, Hillsboro , Director of Consumer Lending, Portfolio Risk Management, Executive , Hillsboro, Oregon

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