VP Business Lending

Job Description

Job Description

VP, Business Lending

IU Credit Union is seeking an experienced lending professional with at least five (5) years of experience in commercial lending. Qualified candidates will demonstrate prior experience managing and underwriting credit relationships with loan exposures $1 million to $25 million. This position resides in Bloomington; however, the target market lending opportunities encompass the state of Indiana.

Reasons to Join Our Team

At IU Credit Union, we find meaning in our work as we witness the positive impact our efforts have on our members’ lives. Our caring culture transcends the organization and is an inherent aspect of how we operate. We have genuine concern for our members and for one another, fostering a sense of belonging and support. Through various community outreach programs, volunteering initiatives, and partnerships with local organizations, our Credit Union team participates in building a stronger community that extends our impact beyond financial transactions.

We are honored to be named one of the  Best Places to Work in Indiana . We hire individuals with a broad range of backgrounds and experiences and invest in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. A career at IU Credit Union can provide many different paths for you to learn, grow, and make a difference.

IU Credit Union is headquartered in Bloomington, Indiana—a vibrant college town offering a unique blend of small-town charm and big-city amenities. This role provides the opportunity to make a meaningful impactful while enjoying a high quality of life in a dynamic, well-connected community known for its arts, education, and outdoor opportunities.

Key Responsibilities:

• Identifying, acquiring and retaining business member relationships while balancing the relationship between originations and asset protection.
• Contributing meaningfully toward achievement of business lending goals.
• Proactively managing assigned portfolio of clients and potential watch list clients.
• Identifying member needs and maximizing relationship opportunities.
• Generating leads and closing opportunities.
• Originating standard and complex business loans.

Qualifications:

• A minimum of five (5) years business lending experience with formal credit training.
• A bachelor’s degree in finance, accounting, or management preferred.
• Prior leadership or team lead experience preferred. 
• Proficiency in building and maintaining positive client relationships, excellent verbal and written communication skills, and strong analytical ability required.
• Proven history of successful business development and portfolio growth.
• Advanced knowledge and understanding of personal and business cash flow analysis and tax statements.