Department: Consumer Lending Department
Reports To: Chief Lending Officer
Classification: Exempt
Role: The Assistant Vice President of Loan Participations is responsible for leading the strategic direction, development, and performance of the credit union's loan participation program, including both loan sales and purchases. This role manages key external partnerships and oversees participation activities to support balance sheet strategy, liquidity management, and risk diversification while ensuring alignment with the credit union's mission and member-first approach. The AVP collaborates closely with leadership, Finance, Accounting, and lending teams to evaluate portfolio composition, identify opportunities, and ensure appropriate risk distribution. This role is accountable for regulatory compliance, operational effectiveness, and governance of participation activities, while providing reporting and analysis to executive leadership to inform decision-making. Through strong leadership and cross-functional collaboration, the AVP promotes accountability, efficiency, and continuous improvement across the program.
Essential Functions & Responsibilities:
30% Participates with the development and manages execution of the loan participation strategy, including identifying opportunities for loan sales and purchases to optimize balance sheet performance, manage concentration risk, and support liquidity objectives. Oversees the ongoing evaluation and management of third-party loan purchase programs, ensuring that loan purchase and participation activities remain consistent with the credit union's mission to serve its members and do not disproportionately displace lending capacity available to Rogue's core membership. Manages transitions, adjustments, or wind-downs of existing external commitments as needed.
20% Develops and maintains strong relationships with credit union partners, fintechs, CUSO partners, and participation networks. Negotiates participation agreements and manages flow purchase arrangements, ensuring all partnerships are mutually beneficial and aligned with the credit union's financial and strategic objectives. Regularly evaluates the performance and value of ongoing external relationships and is responsible for identifying when a partnership is no longer serving the credit union's best interests. In such cases, the AVP makes formal recommendations to executive leadership to restructure, resolve, or discontinue the relationship.
15% Partners with Finance, Lending, and Credit teams to analyze portfolio composition, loan performance, and risk exposure. Evaluates the sale or purchase of loan assets, always prioritizing member service and alignment with the credit union's strategic focus. Recommends participation strategies based on data-driven insights and current market conditions.
10% Prepares and delivers regular reporting to ALCO and executive leadership, including quarterly updates on participation activity, portfolio performance, yield, liquidity impact, and risk metrics. Provides actionable insights and strategic recommendations based on portfolio trends.
10% Ensures full compliance with all regulatory requirements - including NCUA Part 701.22 - accounting standards (GAAP/CECL), and internal policies related to loan participations. Maintains appropriate documentation and audit readiness. Monitors the regulatory environment and proactively updates practices to reflect changes in requirements.
5% Identifies and implements process improvements through data analytics, automation, and technology solutions to increase efficiency, accuracy, and scalability of participation activities.
5% Provides leadership, coaching, and development to team members, fostering a high-performance and collaborative environment. Establishes clear accountability measures and supports key-person risk planning by documenting critical processes and controls, maintaining cross-training/backup coverage for core participation functions, and periodically testing coverage for planned and unplanned absences.
5% Proactively performs other duties as assigned
Knowledge & Skills:
Experience: Five years to eight years of similar or related experience.
Education: (1) A bachelor's degree, or (2) achievement of formal certifications recognized in the industry as equivalent to a bachelor's degree (e.g., information technology certifications in lieu of a degree).
Interpersonal Skills: Work involves extensive personal contact with others and is of a personal or sensitive nature. Motivating, influencing, and/or training others is key at this level. Outside contacts become important and fostering sound relationships with other entities (companies and/or individuals) becomes necessary and often requires the ability to influence and/or sell ideas or services to others.
Other Skills: Strong analytical and financial acumen. Excellent verbal and written communication skills. Knowledge of loan participation structures, agreements, and regulatory requirements including NCUA Part 701.22. Familiarity with GAAP/CECL accounting standards as they relate to loan assets. Proficiency with financial modeling and reporting tools. Ability to think strategically and execute tactically. Strong problem-solving and decision-making skills.
Physical Requirements: Some adjusting or moving objects up to 30 pounds in all directions. Must be able to remain in a stationary position for prolonged periods. Repeating motions using wrists, hands, and/or fingers while operating a computer. Frequent verbal and written communication. Close and continuous visual acuity for data analysis, transcribing, and extended reading.
Work Environment: This job is an exempt position that requires flexibility in scheduling tasks and projects. The employee must independently monitor hours and judge the time needed to be spent on applicable duties. Employee must be capable of adjusting to unpredictable schedules proactively. As a direct representative of the Credit Union, the employee must conduct and present themselves courteously and professionally. Exposed to potentially hazardous conditions, i.e., robbery. Travel to all Credit Union regions may be required.
Disclaimer:
Rogue Credit Union is a drug free workplace and requires a drug screening test within 48 hours of employment offer.
This Job Description is not a complete statement of all duties and responsibilities comprising the position.
