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VP - Consumer Loan Program Manager

Description


General Responsibilities
The Consumer Loan Program Manager is responsible for the development, planning and execution of consumer installment loan channel strategies to develop and grow the bank's Consumer Lending line of business. This includes accountability for all aspects of the product life cycle from identifying sales and growth opportunities through design and delivery. The position performs a broad set of activities to accelerate sustainable profit growth for the bank's installment loan portfolios. Primary responsibilities include maintaining successful partnerships with bank partners, identifying additional opportunities to increase the bank's earning assets, operations and financial projections, implementation and management, risk management, new product development, product enhancements, policy maintenance, market and competitive analysis, project execution, and management of external relationships. Also, he/she ensures new products and programs are launched and managed with a coordinated strategy that includes: system changes, training, competitive pricing including promotional pricing, sales strategies, and execution.
Key Responsibilities
The Consumer Installment Loan Program Manager's key responsibilities include, but are not limited to the following:

  • Identify, develop and implement initiatives to meet established and strategic goals.
  • Manage relationships with third party originators/servicers which include facilitating and overseeing loan activity.
  • Ensures all loans comply with underwriting standards of the Bank.
  • Address any issues/discrepancies with loan documentation received from loan originators. Verifies loan file is accurate and complete.
  • In concert with Finance, develop financial projections for all new consumer installment loan programs
  • Move quickly to identify, understand, and deliver solutions to address internal or external findings relating to consumer installment loans
  • Conduct competitor research including industry, marketplace, and future trends, including both primary and secondary sources
  • Deliver product performance analytics and reporting to management
  • Ensure all consumer installment products and strategies are aligned and supporting the banks goals and philosophy
  • Meet business line profit and growth goals
  • Works with the Consumer Compliance Manager to ensure product, promotional campaigns and programs meet regulatory requirements
  • Maintain a current knowledge of changing legislation and regulatory climate and recommend changes


Supervision of Personnel

  • Oversees Underwriters/Loan administrators.


Travel

  • Travel 20%


Minimum Qualifications
Education

  • Bachelor's degree in Business or equivalent.


Experience

  • 7 years' experience in the current consumer loan industry/ environment in either sales, operations, marketing, risk, or product capacity.
  • Experience managing 3rd party origination/processor relationships.
  • Proven track record in managing and driving consumer loan product growth
  • Underwriting experience in a consumer lending role.


Required Skills

  • Excellent interpersonal, written, and verbal communication skills
  • Strong organizational and research skills. Takes a logical approach to analyzing problems
  • Very strong analytical skills. Demonstrated ability to leverage data to drive business performance
  • Extensive knowledge of product/program development, pricing, implementation and strategic analysis
  • Familiarity with consumer loan origination, operations, and risk methodologies
  • Demonstrated internal and external relationship management skills
  • Demonstrated Project Management skills
  • Ability to adapt to and facilitate change
  • Ability to multi-task, and work independently
  • Proficient in Microsoft Office

Requirements

 

Job Snapshot

Location US-FL-Maitland
Employment Type Full-Time
Pay Type Year
Pay Rate $80,000.00 - $110,000.00 /Year
Store Type Banking, Finance, Other
Other Compensation: Bonus
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Company Overview

SNI Financial

The SNI Financial division specializes exclusively in full-time job search services - matching financial, accounting and banking professionals at all levels with desirable full-time career opportunities. SNI Financial has in-depth expertise and long-standing relationships in the finance and accounting industry, which allows us to excel at delivering high-quality matches. Learn More

Contact Information

US-FL-Maitland
SNI Financial
Snapshot
SNI Financial
Company:
US-FL-Maitland
Location:
Full-Time
Employment Type:
Year
Pay Type:
$80,000.00 - $110,000.00 /Year
Pay Rate:
Banking, Finance, Other
Store Type:

Description


General Responsibilities
The Consumer Loan Program Manager is responsible for the development, planning and execution of consumer installment loan channel strategies to develop and grow the bank's Consumer Lending line of business. This includes accountability for all aspects of the product life cycle from identifying sales and growth opportunities through design and delivery. The position performs a broad set of activities to accelerate sustainable profit growth for the bank's installment loan portfolios. Primary responsibilities include maintaining successful partnerships with bank partners, identifying additional opportunities to increase the bank's earning assets, operations and financial projections, implementation and management, risk management, new product development, product enhancements, policy maintenance, market and competitive analysis, project execution, and management of external relationships. Also, he/she ensures new products and programs are launched and managed with a coordinated strategy that includes: system changes, training, competitive pricing including promotional pricing, sales strategies, and execution.
Key Responsibilities
The Consumer Installment Loan Program Manager's key responsibilities include, but are not limited to the following:

  • Identify, develop and implement initiatives to meet established and strategic goals.
  • Manage relationships with third party originators/servicers which include facilitating and overseeing loan activity.
  • Ensures all loans comply with underwriting standards of the Bank.
  • Address any issues/discrepancies with loan documentation received from loan originators. Verifies loan file is accurate and complete.
  • In concert with Finance, develop financial projections for all new consumer installment loan programs
  • Move quickly to identify, understand, and deliver solutions to address internal or external findings relating to consumer installment loans
  • Conduct competitor research including industry, marketplace, and future trends, including both primary and secondary sources
  • Deliver product performance analytics and reporting to management
  • Ensure all consumer installment products and strategies are aligned and supporting the banks goals and philosophy
  • Meet business line profit and growth goals
  • Works with the Consumer Compliance Manager to ensure product, promotional campaigns and programs meet regulatory requirements
  • Maintain a current knowledge of changing legislation and regulatory climate and recommend changes


Supervision of Personnel

  • Oversees Underwriters/Loan administrators.


Travel

  • Travel 20%


Minimum Qualifications
Education

  • Bachelor's degree in Business or equivalent.


Experience

  • 7 years' experience in the current consumer loan industry/ environment in either sales, operations, marketing, risk, or product capacity.
  • Experience managing 3rd party origination/processor relationships.
  • Proven track record in managing and driving consumer loan product growth
  • Underwriting experience in a consumer lending role.


Required Skills

  • Excellent interpersonal, written, and verbal communication skills
  • Strong organizational and research skills. Takes a logical approach to analyzing problems
  • Very strong analytical skills. Demonstrated ability to leverage data to drive business performance
  • Extensive knowledge of product/program development, pricing, implementation and strategic analysis
  • Familiarity with consumer loan origination, operations, and risk methodologies
  • Demonstrated internal and external relationship management skills
  • Demonstrated Project Management skills
  • Ability to adapt to and facilitate change
  • Ability to multi-task, and work independently
  • Proficient in Microsoft Office

Requirements

 
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