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Executive Director of Lending and Collection

Advantage Financial Federal Credit Union is in search of an energetic, visionary individual to oversee and lead the strategic direction of all lending and collection operations. This position reports to the CEO and requires strong collaboration with staff in multiple departments as well as a number of third-party vendors. The position is responsible for generating loan growth, managing portfolio composition, enforcing lending policies and procedures and managing the overall credit quality of the loan portfolio all while ensuring members receive outstanding service. The Director of Lending also participates in overall strategic planning for the credit union. 

Essential Duties and Responsibilities 

  • Ensure the proper functioning of the lending and collection departments.
  • Hire and manage underwriting, collections and other clerical staff.
  • Provide coaching and training to direct reports as well as branch staff.
  • Ensure compliance with regulations and internal policies and procedures.
  • Implement strategies to generate growth of the loan portfolio.
  • Manage the interest rate risk inherent in the loan portfolio.
  • Recommend, design and implement new products and services.
  • Streamline workflow to improve the member experience.
  • Monitor market conditions to keep credit union products and policies competitive.
  • Manage underwriting and collection efforts to improve overall portfolio credit quality.
  • Participate in determining the strategic direction of the credit union.

Position Requirements: A Bachelor’s degree (or commensurate financial institution experience) plus a minimum of five years of progressive lending experience. The ideal candidate will be self-motivated, hands-on, creative and analytical with robust interpersonal skills. The candidate should have thorough knowledge and experience in all areas of lending and collections, including consumer loans, credit cards, home equity loans, and mortgage loans as well as debt collection, loan workouts, and bankruptcy. Excellent communication and diplomacy skills are a must. 

Company Information: Advantage Financial is a full-service financial institution with more than $100 million in assets serving those who live, work, worship, or attend school in Washington, D.C., and employees of the Department of Veterans Affairs, and contractors.

Application Instructions: Please visit indeed.com to apply.

 

Controller

Advantage Financial Federal Credit Union is in search of an individual to oversee the accounting and finance functions of the credit union. There is potential for the right candidate to grow this into a CFO position.  This position reports to the CEO and requires strong collaboration with staff in multiple departments as well as with several third-party vendors. The controller supervises a staff of 2 and also participates in overall strategic planning for the credit union. 

Position Responsibilities:

  • Ensure the proper functioning of the accounting department.
  • Supervise and assist with daily ACH processing,
  • Monitor the investment portfolio,
  • Prepare monthly financial statements,
  • Prepare the 5300 Call Report,
  • Participate in ALM modeling and risk analysis,
  • Prepare the annual operating budget.
  • Monitor liquidity and prepare cash flow analyses.
  • Monitor the reconciliation of various GL accounts.
  • Monitor compliance with NCUA regulations and internal policies and procedures.
  • Supervise payroll processing.
  • Assess the adequacy of internal controls and streamline workflow to improve overall efficiency.
  • Monitor market conditions to keep credit union product pricing competitive.
  • Hire and manage accounting staff.
  • Provide coaching and training to direct reports as well as branch staff.
  • Monitor compliance with NCUA regulations and internal policies and procedures.
  • Participate in determining the strategic direction of the credit union.

Position Requirements: A Bachelor’s degree in Accounting or Finance plus a minimum of three years of financial institution accounting experience is required. The ideal candidate will be self-motivated, hands-on, creative and analytical with robust interpersonal skills. The candidate should have thorough knowledge and experience in all areas of accounting and finance. Excellent communication and diplomacy skills are a must. PC proficiency required including Microsoft Office, especially Excel.   

Company Information: Advantage Financial is a full-service financial institution with more than $100 million in assets serving those who live, work, worship, or attend school in Washington, D.C., and employees of the Department of Veterans Affairs, and contractors.

Application Instructions: Please visit indeed.com to apply.