Due to an upcoming retirement, Smith & Wilkinson has been retained by Merrimack Valley Credit Union (MVCU) to manage the search for the credit union’s next SVP, Commercial Lending Manager. Founded in 1955, MVCU has grown from humble beginnings to become one of the five largest credit unions in Massachusetts. With the recent merger between MVCU and RTN FCU, they now manage over $2.4B in assets, with over 116,000 members spread across nearly two dozen locations.
Reporting to the EVP, CLO, & Corporate Strategy, the SVP, Commercial Lending Manager is responsible for overseeing the administration and growth of the credit union’s commercial loan portfolio, ensuring compliance with policies and regulations while maintaining asset quality and profitability. This role involves directing commercial loan activities, overseeing underwriting, credit reviews, and portfolio management, as well as ensuring risk management and business development initiatives align with the credit union’s strategic goals. Additionally, the SVP collaborates with various departments on product development and service outreach, leads regulatory compliance efforts, and participates in senior leadership meetings to support overall organizational objectives. Maintaining strong external relationships and fostering a culture of continuous improvement are also key aspects of this role.
For a confidential conversation and additional information, please reach out to Nathan Townsend (ntownsend@smithandwilkinson.com).