Residential Lending Manager

PURPOSE Provide management of operations functions for the Residential Lending Department, which will include processing support for Residential Loan Officers, regarding loan underwriting, processing, and closing in accordance with the Credit Union's established policies, procedures, and core values.

FUNCTIONS

Responsible for member marketing of the Credit Union and knowledge of all services offered to a degree that will enable answering questions or referring member for specific services. Responsible for the supervision of the Residential Lending Department including, but not limited to, training, performance, hiring, terminations and scheduling leave. Provide oversight of underwriting activities to ensure consistency, quality, and adherence to established credit policies, investor guidelines, and regulatory requirements. Partner with underwriting staff to support sound loan structuring and decisionmaking. Responsible for ensuring that all evaluations and appraisals are ordered and reviewed in compliance with all policy, government, regulatory, investor rules and participation guidelines. Responsible for loan closing controls, including obtaining and reviewing documents required and preparation of closing documentation. Responsible for the controls of checks being disbursed and wire transfers for all closings. Responsible for ensuring that all loan documents are appropriately recorded, releases and discharges received as required, and final insurance policies (hazard, flood and title) are received and appropriate to the loan terms following the closings. Establish and maintain strong working relationships with key vendors and thirdparty partners, including appraisers, title companies, and settlement agents, to ensure service quality, compliance, and efficiency. Manage and maintain relationships with investors and secondary market partners, ensuring adherence to delivery requirements, optimizing execution, and identifying opportunities to improve loan sale performance and profitability. Engage with community organizations, real estate professionals, and local stakeholders to support the Credit Union's presence in the market, promote homeownership opportunities, and strengthen community relationships. Responsible for creating reports and analysis which will be appropriate to the orderly and effective management of the department. Perform other duties as assigned.

PREREQUISITES FOR THIS POSITION

Minimum Education:

Bachelor's degree in business, finance or economics is preferred. Equivalent work experience and knowledge may be substituted.

Minimum Experience:

57 years mortgage lending experience to include deep knowledge of processing, underwriting, compliance, and loan closing functions with 23 years in a supervisory or leadership capacity. Working knowledge of portfolio lending required. Experience in dealing with residential secondary markets. Experience in accounting and financial management. About Matanuska Valley Federal Credit Union Matanuska Valley Federal Credit Union (MVFCU) is your local credit union. We offer more than just a job; we provide a fulfilling career with excellent benefits while serving the community we live in. MVFCU invests in its employees with competitive pay, generous health and wellness benefits, paid time off, and a 401k. Team members enjoy professional development opportunities, tuition reimbursement, and a healthy work-life balance. Our culture emphasizes our local roots, respect, collaboration, and a passion to serve our community. MVFCU is a place where employees feel valued, supported, and proud of the work they do every day.