VP of Lending Salary in Willimantic, Connecticut

The VP of Lending oversees the research, development, communication, and implementation of lending policies. Oversees the lending function in a financial institution or other organization. Being a VP of Lending establishes relationships with stakeholders including regulators, examiners, and other external partners. Manages the implementation of the organization's lending strategy, aligning organizational goals with departmental operations. In addition, VP of Lending ensures organizational goals and budget levels are met, and that staff are trained, informed, and utilized well, and that all state and federal regulations are followed. Requires a bachelor's degree. Typically reports to senior management. The VP of Lending manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Working as a VP of Lending typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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