Senior Lending and Chief Credit Officer

County Educators Federal Credit Union is seeking a Senior Lending and Chief Credit Officer

Senior Lending and Chief Credit OfficerRoselle Park, New Jersey

With more than $100 million in assets and headquartered in the New York City suburb of Roselle Park, New Jersey, the new Chief Executive of County Educators Federal Credit Union is currently in search of a Senior Lending and Chief Credit Officer to “up the game” of the entire lending platform.  At this time, CEFCU has a substantial amount of funds to lend safely and soundly, and expeditiously 

In this role, you will be responsible for championing many things, including, but not limited to the following:

  • educate and lead lending responsible personnel;
  • ensure proper structuring inside the credit risk appetite to maximize yields and minimize credit losses;
  • oversee all loan applications and decisions;
  • consider and purchase of loan participations;
  • establish a small business lending platform;
  • update approval form and analysis methodologies;
  • portfolio management and reporting of all decisioning on a weekly basis;
  • consider portfolio management possibilities; and
  • efficient and effective loan workouts.

The most likely successful candidate will have a strong fundamental understanding of bank and credit union credit and lending principles, including a proper balance of risk mitigation and reward maximization.  A graduate of an old fashioned credit training program would be ideal.  Bankers are welcome.  The Chief Executive has a long term bank credit background and thoroughly enjoys all matters credit.  Required:  Bachelor’s degree; deep/expert understanding of residential lending products, auto, student, credit card, and small business/commercial real estate lending.  Mandated:  gravitas, humility, sense of humor, dedication to winning and the ultimate member and colleague experience…every day.

County Educators Federal Credit Union dates to 1935 and is NCUA charter number 120.  With 82 years in the “bank,” we are positioning County Educators for its next 82 years of success and prosperity for its core membership base, that being the teachers and educators of our magnificent state and country.  We currently have two branches in Roselle Park and Somerville, New Jersey  that serve more than 10,000 members.  County Educators continues to “up its game” through its dedicated and engaged colleagues as stewards of the corporation’s welfare, new products and services (with a special focus on technology driven solutions across the platform), and its ability to serve its members where a bank cannot or will not.  With no shareholders and just affiliated members, County Educators treats its members and employees as each of them wish to be treated.

Please fax or mail in confidence, a resume, salary requirements and cover letter to the HR Dept. @ 908.245.6329 or Search Committee, P.O. Box 188, Roselle Park, NJ 07204 for full consideration.

Posted 11-29-17