PenAir Credit Union, consistently ranked among the top credit unions in the U.S. by Forbes and Newsweek, is seeking a strategic leader for our Mortgage Lending team. Join a trusted$3 billion institution celebrated for its financial strength, local impact, and dedication to both members and employees. As the VP of Mortgage at PenAir, you’ll play a key role on the senior leadership teamwith a 5-Star Elite Best of Bauer" organization. Ready to make a difference and take your career to the next level? Apply today to join PenAir!
Company Description
Since 1936 PenAir® Credit Union has been the catalyst where community, resources, and impact come together and produce a powerful force for good. We have a unique culture and we’re passionate about it. Grown from the values we hold most dear, three guiding principles shape how we see the people we serve, the community around us, and our role within it. These guiding principles are Respect, Service, and Communerosity® and they’re woven throughout our culture.
PenAir is where people and community, resources and expertise align with your values to create real impact. Generational impact through strong financial education and support. We care about the things you care about. As the largest and oldest credit union in Pensacola, Florida, with more than $2.8 billion in assets, our purpose is to enhance the lives of those we serve from Mobile County, Alabama to Leon County, Florida.
Careers Do you have a passion for helping others? Currently, PenAir provides access to 11 convenient locations in Baldwin County, AL and Escambia and Santa Rosa Counties in Florida. Join us and become a powerful force for good - after all we live, work, and play here too.
Join the team. You’ll fit right in. Take control of your future by mapping out a career at PenAir. Working with us means you can shape your professional experience to suit your dreams. We offer valuable resources that provide you the opportunity to build upon and strengthen your skills. Whether it be a career path in advising our members directly on products and services, guiding them through major purchase decisions on a home or vehicle, or even helping build the technology and processes behind the scenes, there is a place for everyone at Pen Air! Success looks different for everyone. Where will your journey take you?
The PenAir difference. Just like we strive to be a force for good at work, Pen Air works just as hard to supply employees with a total rewards package that includes competitive salaries and meaningful benefits.
Holistic Amenities:
Up to $15K available for continuing education
Student Loan Paydown
Adoption Assistance Reimbursement
Wellness Programs
Gym membership reimbursement
Formal Career Development Resources
Financial Wellness Resources
Purchase assistance with computers and fitness equipment
Benefits Package Highlights:
Competitive Compensation $168,000-$187,600 based on experience and qualifications
Generous PTO Plan—20 days for new hires
Paid Maternal & Parental Leave
Competitive Retirement Plan
Competitive medical, dental & vision plans
Company paid Telehealth services
Company paid Short Term Disability
And more……….!
Role:
This position is responsible for the oversight and development of the Mortgage Loan Department of the credit union. Manage the origination and support areas ensuring all mortgage lending activities confirm to all legal and internal policies ensuring compliance with all regulatory bodies. Responsible for portfolio management including servicing, monitoring, and development. Develops and maintains mortgage loan policy and objectives. This position is accountable for the production, operation, and compliance of the Mortgage Loan Department.
Essential Functions & Responsibilities:
E
15%
Directs the management of the mortgage loan portfolio and assure that policies and procedures are implemented and maintained to optimize the potential for the achievement of goals and objectives in volume, revenues, loan quality and charge-offs.
E
15%
Participate in organizational initiatives/projects as related to departmental oversight. Monitor, analyze, and report on program effectiveness, systems, and products to identify opportunities for improved efficiencies and effectiveness. Drive change and collaborate with various stakeholders for the effective deployment.
E
10%
Ensures that all mortgage loans are underwritten to FNMA guidelines and portfolio lending standards.
E
10%
Assigns, directs, coordinates, and reviews work of staff. Recommends departmental goals, personnel performance expectations, and appropriate staffing levels. Creates a culture of success within the department. Reviews and prepares employee performance evaluations on a timely basis. Recommends promotions, disciplinary actions, discharges, and other personnel related needs, actions, or activities.
E
10%
Develops and implements strategies and tactics to attain mortgage loan growth and profitability goals that will enhance and compliment the goals and objectives of the Strategic Plan.
E
10%
Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the office of Foreign Assets Control.
E
5%
Makes recommendations regarding loan policy and underwriting guidelines.
E
5%
Cultivates awareness of mortgage products and services through frequent interaction with team members.
E
5%
Reviews and monitors loan production volume for processing and origination.
E
5%
Complies with the federal Fair Lending laws, including but not limited to, the Equal Credit Opportunity Act (Regulation B), Home Mortgage Disclosure Act (Regulations C), and Fair Housing Act.
E
5%
Complies with all other applicable State and Federal laws, rules and regulations, policies and procedures related to the position, department, and the credit union industry.
N
5%
Performs other duties as assigned.
Performance Measurements:
1.
Maintain a cohesive, highly trained, motivated staff sufficient to meet daily department demand and long- term organizational goals.
2.
Note observations of employee performance. Give and receive feedback from employee on the same, completing performance reviews within the prescribed timeframe.
3.
Ensure the department is providing friendly, professional, timely, personal service to all members
4.
Keep management informed regarding key operational issues affecting the department
5.
Ensure the department meets its goals to maintain delinquency and foreclosures below established goals.
6.
Regular reliable attendance.
7.
Demonstrate behaviors consistent with the Pen Air Core Values
Knowledge and Skills:
Experience
Five years to eight years of similar or related experience.
Education
(1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g. information technology certifications in lieu of a degree).
Interpersonal Skills
Work frequently involves exercising advanced conflict resolution, giving material presentations, and resolving issues impacting multiple departments or divisions. Role also requires the ability to motivate or influence others as a material part of the role, with a significant level of diplomacy and trust. Obtaining cooperation (internally and/or externally) is an important part of the role and a high level of interpersonal skills is critical to the success of this position.
Other Skills
Must have in-depth understanding of and ability to interpret regulations affecting lending programs. Extensive knowledge of real estate lending practices and procedures. Should be able to run spreadsheet and word processing software.
Physical Requirements
Light or low amount of physical exertion
Work Environment
No adverse environmental working conditions noted.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, age, marital status, pregnancy, genetic information, or other legally protected status
