About MCU:
At Municipal Credit Union, we believe that an incredible culture helps create a happy and motivated team that works hard to achieve the best results for themselves and their members. For more than 100 years, MCU has provided affordable financial products and convenient services to a membership base that is now comprised of over 600,000 individuals. With each new generation we have the pleasure of interacting with, we maintain the credit union promise of people helping people.
Our Mission:
To help hard-working New Yorkers build better tomorrows
Our Vision:
Be New York's most loved financial institution by helping our members build their best financial futures
Overview: The Vice President, Real Estate provides leadership and oversight of Real Estate Lending Operations. Responsible for strategic organization, planning and oversight of MCU’s Residential Lending program including portfolio management, originations, operations, in-house servicing and quality control. Develop products, pricing, policies and procedures for senior management review. Manages Mortgage Sales and Service Managers.
Responsibilities:
Specific duties include, but are not limited to, the following:
- Responsible for setting strategy and implementation of tactics to help achieve MCU’s overall goals and objectives for the mortgage program and overall portfolio.
- Responsible for overall portfolio management including pricing, managing to concentration limits established, monitoring and reporting, as well as selling to the secondary market.
- Develop short and long term goals and objectives for the Mortgage/Home Equity Lending Unit; facilitate growth in the market, relationship building and operational soundness.
- Identify opportunities for new and /or improved products, services, proper pricing and processes to ensure the highest level of loan production, quality, and competitiveness.
- Monitors and works closely with the leadership team to improve and efficiently operate the department.
- Evaluates performance, reviews operating statistics and insures that procedures are consistent with Federal and State rules and regulations as well as the Credit Union's policies and procedures.
- Attract, retain, and develop each employee to their highest potential by appropriately coaching, training and mentoring.
- Supervise and conducts sales and purchases of mortgage loans to secondary market investors (FHLB FANNIE MAE, & SONYMA).
- Develops sources of business through active membership in trade organizations and direct solicitation.
- Hires, Trains, schedules, assign work to, evaluate, and authoritatively recommend discipline and discharge of Real Property Department staff.
- Responsible for maintaining accurate records and adherence to budgetary goals.
- Develops policies and procedures of the Mortgage/Home Equity Lending Unit.
- Underwriting escalated loans within approved authority
- Travel as required
- Perform other related duties as requested and special projects as assigned
Requirements:
- Master’s degree in business, finance, or related field preferred or a Bachelor’s degree and/or equivalent experience
- 10+ years of similar or related experience.
- Strong progressive leadership/management experience in the Residential Lending field.
- A thorough knowledge of all secondary market guidelines and all regulations of outside governing bodies.
- An understanding of the Credit Union's internal systems to monitor and reconcile performance.
- Thorough understanding of residential mortgage lending and servicing including process flow, product, guidelines and compliance
- Demonstrated success in planning, organizing, leading people and activities. Ability to motivate, direct and coach staff.
- Ability to perform in a high-volume environment and meet deadlines while maintaining exceptional attention to detail.
- Technologically proficient.
Leadership Competencies:
- Proven ability to manage change
- Capacity to take calculated risks and innovate
- Experience in setting vision and strategy
- Lead by example and encourage team in developing adaptability
- Successful in communicating effectively
- Prioritizes developing others
- Thinking that values diversity and difference
- Proven ability to build and maintain relationships at all levels of the organization
- Skilled at managing effective teams and work groups that default to action, are accountable, and take ownership of work
Why you'll be a good fit:
Our Core Values are an integral part of who we are and who we hire. By living our Core Values, every day, we continue to attract the best and brightest talent, achieve unsurpassed results and continuously challenge ourselves to be better than yesterday. These values are at the heart of our organization and within every teammate. To be a great fit, you’ll bring the following
Results - We are passionate about winning.
Agility - We proactively anticipate, respond and pivot to ensure MCU wins.
Integrity - We operate with the highest ethical standards and highest degree of honesty.
Belonging - We cultivate a culture of inclusion and teamwork.
Ownership - We take personal responsibility and hold ourselves accountable for the results.
What we can offer you:
Competitive Compensation, Medical And Dental Benefits.
401K with employer match
Flexible paid time off
We are committed to hiring, training, cultivating, promoting, and celebrating an environment where we have a welcoming and fulfilling place for all people to call home. Diversity of race, thought, sexual orientation, age, veteran status, religion, and disability will empower us to thrive as individuals, as teams, and as an organization.
Municipal Credit Union (MCU) is an Equal Opportunity Employer.
Municipal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
