Summary

Participate in strategic planning and the development of credit union policies, procedures, and goals. Accountable for the credit union’s administrative management of loan functions. Develop and implement consistent organizational policies and procedures that comply with external regulations. Support and lead residential mortgage department, indirect lending, and consumer lending. Ensure maximum profitability of lending activities that are also in the best interest of the member.

Responsibilities

1. Accountable for planning, organizing, and directing the credit union’s collections, consumer lending functions, and mortgage lending.
2. Set the Loan Department’s strategic plans to align with the credit union’s approved Board planning goals. Establish and ensure the implementation of target goals for the department.
3. Ensure lending activities result in the credit union achieving its greatest volume potential, providing appropriate profit for the credit union, managing risk, all with delinquency and charge-off ratios that are relevant to managing a risk-based lending program.
4. Ability to incorporate technology for improving the member experience for delivering the loan product to our members, improve the underwriting process in consumer lending, and maximize cross-sell opportunities of credit union loan products and services.
5. Create the budget for the department and track on an ongoing basis for adherence.
6. Develop, implement, and monitor policies and procedures in accordance with credit union goals and strategies. Work with other departments to maintain consistency in credit union policies and procedures.
7. Oversee and monitor the loan function to achieve its strategic goals. Direct the work of loan department in all areas of underwriting, loan processing, loan documentation, and approval or denial loans for consumer, mortgage, or member business loans.
8. Accountable for the sale of residential mortgage loans on the secondary market and the on-going servicing of residential mortgage loans thar are held in portfolio or sold with servicing retained.
9. Interview loan applicants, resolve member complaints, and approve or deny loan applications as needed. 
10. Oversee the development and monitoring of performance standards. Provide mentoring, coaching, or training to assist and develop managers and staff.
11. Research and evaluate the feasibility of new lending products. Develop and implement plans for expansion of lending programs. Keep abreast of changes in the industry and changing trends in lending and react to changes in a way that maintains competitiveness.
12. Work with loan managers, loan officers, loan support staff and members on complex issues to prevent loss to the credit union and support the membership.
13. Work with the CEO on reporting requirements associated with CDFI certification. 
14. Design and manage loan products that support underserved communities, consistent with CDFI mission objectives.
15. Incorporate CDFI mission and compliance requirements into the overall lending strategy.
16. Prepare reports and documentation required for CDFI grant compliance and performance evaluation.
17. Monitor competitor interest rates and terms to provide input and recommendations. Oversee implementation for lending interest rates changes.
18. Define appropriate limits of authority for loan and mortgage personnel.
19. Establish and monitor effective control procedures for late and/or delinquent or potentially delinquent loans. Authorize legal proceedings. Identify and recommend loans for charge-off.
20. Evaluate vendors to partner with the credit union. 
21. Recommend new loan products and services, and changes in existing loan products and services to meet the financial needs of the credit union.
22. Represent and promote the credit union as external functions.

Qualifications

• Served successfully in a leadership role within the financial industry for at least two or more years.
• Bachelor’s degree preferably in Business Administration or related field.

About the Organization

Brewery Credit Union (BCU) offers the same commitment to our members since we chartered in 1934 as Brewery Workers Credit Union. The Brewery Workers Union Local 9 represented the many breweries and malting companies in Milwaukee. They formed the Credit Union for those in the brewing industry to have a safe place to borrow and save. The Brewery Workers Union Local 9 was also the original home of the Brewery Workers Credit Union. The Credit Union moved to Schlitz Brewery for a number of years until building our current home on Dr. Martin Luther King Jr. Dr. In 1984, the Credit Union changed our name to Brewery Credit Union and currently offers membership to anyone who lives in Milwaukee, Ozaukee, Waukesha, Racine, Kenosha, or Washington counties, in addition to members of the Museum of Beer and Brewing. Brewery Credit Union is also designated as a Community Development Financial Institution (CDFI), reflecting its commitment to serving underserved communities and expanding access to responsible financial services. By focusing its lending and services locally, the credit union supports economic development while helping members improve their financial well-being, positioning itself as a community-driven alternative to traditional banking institutions. Our members have access to the many products and services that Brewery Credit Union offers. We pride ourselves on offering new technology to make transacting business easier and faster than ever. The Credit Union’s mission of economically empowering our members and communities means that we will not judge a member for a blemished past. We want to help our members reach their financial goals and dreams. We believe that everyone deserves the opportunity to achieve financial security and have access to safe, low-cost financial products and services.

How to Apply

Please send your resume to Brewery Credit Union