Head of Lending

Written by St. Canice's Credit Union
on

Head of Lending

St Canice’s Credit Union has an exciting opportunity to be part of an ambitious, forward looking and strategic thinking management team.

St. Canice’s Credit Union is a not-for-profit organisation and the largest community Credit Union in the country.  With 70,000 members, a loan book of close to €100 million and a diverse loan products range including personal lending, mortgages, business and Agri lending.  St. Canice’s Credit Union has an ambitious strategic plan to significantly develop and grow its lending and is currently seeking a new Head of Lending to help achieve this.

The Head of Lending will report to the CEO and will be responsible for the progressive implementation of St. Canice’s Credit Policy and Procedures to maximise responsible lending. The successful applicant will lead the development and implementation of a growth strategy and the delivery of income targets, in line with the strategic plan, monitoring KPI’s and ensuring alignment to the strategic and operational business goals.

St. Canice’s Kilkenny Credit Union Ltd is an Equal Opportunities Employer

Key Responsibilities

Lending & Business Development

  • The Head of Lending will have overall responsibility for the management and efficient operation of the lending function across St. Canice’s ensuring all compliance requirements under legislation and Central Bank guidelines are met.
  • Drive a ‘best in class’ underwriting process throughout the team.
  • Review and analysis of membership and common bond profiles to identify information gaps and potential lending opportunities.
  • Contribute to analysing the performance of all products to ensure they are meeting their targeted revenue and margin goals and adjust or terminate underperforming products in a timely manner.
  • Ensure overall stability of loan portfolio, with the ability to identify and develop long term strategies that will include initiatives such as portfolio mix, growth, and market penetration objectives.
  • Support the Business Development and Marketing team to create an effective marketing and sales plan that aligns products (loans, insurances etc.) with the demographics and needs of those within the common bond.
  • Responsible for the design and development of new and innovative lending products and platforms in line with the strategic plan
  • Manage lending risks and exposures
  • Review and recommend changes to credit policies and procedures
  • Provide timely and accurate lending reports to the CEO as required.

Management

  • As a key member of the Management Team, you will contribute to and champion the strategic plan with specific responsibility for the strategic plan of the Lending department.
  • Demonstrate a passion for customer service and continuous improvement.
  • Manage the key objectives and performance of each team member through agreed KPI’s, half yearly performance reviews and provide support and training to staff to ensure the successful implementation of targets, goals and objectives from the strategic plan.
  • Provide analytical support and aid decision-making, conducting ad hoc analysis of business challenges, opportunities and implications of changes.
  • Build a roadmap of strategic and tactical opportunities to develop the product set of St Canice’s Credit Union
  • Ensure that all policies and procedures are of the highest standard and are user friendly for all loan types and scenarios
  • Analyse the performance of all products to ensure they are meeting their targeted revenue and margin goals and adjust or terminate underperforming products in a timely manner
  • Develop and implement process efficiencies and ongoing evaluation of all credit processes and systems

The above list is not exhaustive and may be subject to change in line with the needs of the business.

The successful candidate should have the following:

  • Minimum 6+ years’ experience in a results-driven lending development role within financial services
  • Excellent leadership, interpersonal and communication skills
  • Strong credit analysis and underwriting experience
  • Demonstrable experience in both mortgage and business lending.
  • Minimum of a QFA or equivalent qualification (or APA Loans designation), a business or finance related degree (desirable)
  • Proven track record of achieving business growth and managing a team.
  • Ability to assess, critically evaluate and interpret complex information and to identify key credit risk drivers
  • Proactive and self-motivated with the ability to adapt to new situations
  • IT skills, with strong database analysis and Microsoft Office capabilities
  • A strong knowledge of financial compliance regulations
  • An appreciation and an awareness of the credit union ethos
  • In conjunction with the Compliance Officer, ensure that the compliance and regulatory requirements are being adhered to fully.

 

  • Applications including CV by email only addressed to: michelle@stcanicescu.ie
  • Closing Date for receipt of applications is by 7th September 2022
  • Short listing may apply and assessment will be done on the basis of the information provided in the application.
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