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Director Credit Policy and Loan Review

Job in Hauppauge, Suffolk County, New York, 11788, USA
Listing for: Teachers Federal Credit Union
Full Time, Part Time position
Listed on 2025-12-02
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
  • Management
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 136000 - 170000 USD Yearly USD 136000.00 170000.00 YEAR
Job Description & How to Apply Below

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Brief Description

Join Our Team

For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of America's Best-In-State Credit Unions by Forbes Magazine in 2022, Teachers has grown into one of the leading credit unions in the United States. As we broaden our national reach, we will continue to ensure that Teachers is a Best Place to Bank and a Best Place to Work.

Teachers offers a variety of exciting career opportunities ranging from part-time and full-time staffers to executive leadership roles.

Summary

The Director of Credit Policy and Loan Review is responsible for implementation and maintenance of the credit union’s consumer, residential, and commercial lending policies. The leader provides management with an objective appraisal of the credit union’s loan portfolio including an evaluation of credit quality and documentation ensuring compliance with established loan policies.

Education And/or Experience

  • Bachelor’s degree required (Bachelor’s degree in business, finance, risk management) or accounting or a minimum of seven years directly related experience required
  • Minimum seven years’ experience within a bank or credit union, with three years leading or influencing people
  • Minimum five years experience in loan review, credit policy, credit review, credit analysis, underwriting, or related discipline required
  • Underwriting experience in commercial and or residential lending required
  • Experience writing and maintaining policies and procedures required
  • Formal credit risk training and or certification strongly preferred


Job Responsibilities

  • Develops and implements comprehensive credit policies and procedures to effectively assess and manage credit risk
  • Performs regular loan portfolio reviews including commercial, real estate, and consumer loans
  • Monitors and evaluates the performance of credit portfolios, identifying trends and potential areas of concern
  • Prepares detailed reports and presentations for senior management regarding credit risk exposure and portfolio performance
  • Supports the Credit Risk and Fair Lending Committee by preparing the agenda, reporting, and supporting materials for the committee
  • Develops, implements, and executes a comprehensive loan review program, including sample-based review of compliance with underwriting standards and credit policy
  • Communicates discrepancies or inconsistencies to loan officers or underwriters
  • Works closely with loan originators, underwriting, and loan operations to ensure compliance with applicable lending policies and the credit union’s risk appetite
  • Provides support for audits and regulatory exams
  • Develops and prepares reporting for Management and Credit Risk and Fair Lending Committee
  • Provides effective oversight and challenge
  • Performs all duties inherent in the role of a manager
  • * Performs other duties as needed upon request by immediate supervisor
Benefits Of Joining The Teachers Team

We provide a competitive compensation and benefits package that includes, but is not limited to:
  • Paid time off for vacation, personal days, and holidays
  • Fully-funded pension plan
  • 401(k) company contribution
  • Teachers pays 100% of Dental & Vision premium
  • Tuition reimbursement is offered to full-time employees
  • Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers
The good faith range for this position is $136,000 - $170,000 annually. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.

To learn more about Teachers and to view a full list of our job opportunities please visit https://(Use the "Apply for this Job" box below)./careers

to view:
California Privacy Notice Seniority level
  • Seniority level Director
Employment type
  • Employment type

    Full-time
Job function
  • Job function

    Finance and Sales
  • Industries Banking

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