CoVantage Credit Union

VP Commercial Lending 3

CoVantage Credit Union  •  $127k - $191k/yr  •  New Lenox, IL (Onsite)  •  3 days ago
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Job Description

Covantage Credit Union is seeking an experienced commercial lending leader who is passionate about people, relationships, and community impact. In this role, you’ll work closely with the Senior Vice President of Commercial Lending to lead and develop a high‑performing team, ensure exceptional service for business members, and grow a strong, high‑quality commercial loan portfolio. You’ll combine strategic leadership with hands‑on lending expertise—coaching employees, strengthening community and business relationships, and making sound credit decisions that support our members’ success and Covantage’s mission. This is an opportunity for a collaborative, member‑focused leader who thrives in a people‑first culture and wants to make a meaningful difference.

We invest in our employees! As a CoVantage team member, you'll receive a 401(k) employer match of up to 200%, a generous employer HSA contribution, paid time off for community service, incentive bonuses based on production and more! The salary range for this position is $127,436.00 to $191,155.00USD Pay will be determined in accordance with CoVantage Credit Union standard practices, reflecting the successful candidate’s skills and experience.

Job Duties

  • Engages direct reports in setting impactful and meaningful objectives that align with the mission and service culture, ensuring they understand their roles and priorities.
  • Supports operational excellence through continuous improvement, and ensures clarity in how objectives and tasks are prioritized within the team and business unit.
  • Ensures all direct areas of responsibility are well-managed and effective in achieving organizational goals and objectives including providing exceptional service.
  • Ensures all loans are underwritten, approved or denied, and closed according to credit union policies.
  • Assists Credit Analysts in preparing credit presentations.
  • Responsible for achieving individual loan portfolio growth goals assigned by Senior Vice President Chief Commercial Lending Officer and coaches direct reports to assure department loan portfolio growth goals are achieved.
  • Exhibits the credit union’s seven service standards promoting a culture of welcoming all and putting people first whether they are a member or a coworker.

Qualifications

  • Bachelor’s degree in business, agriculture, or a related field (or equivalent experience).
  • Minimum of 5 years of business lending experience.
  • Proven ability to analyze financial statements and achieve sales results.
  • Proficiency in Microsoft Office and lending software.
  • Excellent verbal and written communication skills.
  • Must be bondable and possess a valid driver’s license (travel required).
CoVantage Credit Union

About CoVantage Credit Union

Our mission is to welcome all regardless of wealth; provide outstanding value and exceptional service; work with members experiencing financial challenge; and remain financially strong.

CoVantage Credit Union came into business in 1953. From the beginning, CoVantage has been member-owned and operated, with a philosophy of doing business for "people-not-profit" that still holds true today.

Over the years, we’ve grown significantly, with over 500 employees in 24 locations serving 180,000+ members!

Our culture sets us apart from the rest. We start by hiring the best people and present them with exciting challenges and growth opportunities. Our employees go beyond handling financial matters. They give back to our Wisconsin and upper Michigan charter-area communities by promoting financial literacy to students and adults, and by volunteering for civic groups, school events, and more.

Employees are eligible for bonus pay of 4% or more per year based on role. The bonus is based on wages paid from Jan. 1 through Dec. 31 of the previous year. The percentage received is based on the overall financial performance of CoVantage and individual employee performance.

Eligible employees can participate in health and dental insurance. There are three different health insurance options to choose from, along with Health Savings Account and Flexible Spending Account options that potentially include generous employer contributions!

Additional benefits include:

-A generous 401(k) employer match of up to 200%

-Paid vacation plus paid sick leave every year for eligible employees

-Paid holidays and your birthday off with pay

-Plus, paid time off to volunteer in your community!

If this sounds like an organization you would be proud to work for, we want you. We'll give you a chance to grow and an opportunity to serve. To learn more, visit www.covantagecu.org/careers.

Industry
Finance & Insurance
Company Size
201-500 employees
Headquarters
Antigo, WI
Year Founded
1953
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