Credit Officer Specialized
Company: Farm Credit Council
Location: Baldwin
Posted on: April 19, 2024
Job Description:
Compeer Financial is seeking collaborative, innovative and
dynamic professionals to be a part of our Top Workplace
culture!
Tell me more about this opportunity.
Position Overview:
This position analyzes new credit requests, makes loan servicing
decisions for existing clients and performs other essential credit
duties. Completes the financial analysis and underwriting on a
variety of livestock and crop producers throughout Compeer's
territory and the United States. Credit decisions are made based on
targeted credit quality levels and volume/growth levels set by
executive leadership. The incumbent approves or denies requests
within their delegated authority with a majority of the time being
spent on completing analysis for large, complex loans, and
communicating with internal and external team members. Has some
direct contact with clients. Works with Lending Specialists to
discuss loan packages and provide financial counseling to the
clients.
Essential Functions:
- Proactively monitors lending portfolio and loan performance for
the organization and provides direction for loan classification.
Completes annual reviews in a timely manner.
- Monitors interim financial reports, borrowing base
certificates, compliance certificates, and other reports to monitor
loan compliance.
- Works directly with sales team or with clients to develop a
plan to cure loan delinquencies or other servicing
requests.
- Determines how to structure stressed credits to meet internal
lending requirements, client expectations, and Compeer growth
objectives.
- Coordinates with sales and RAU teams to develop servicing plans
and other monitoring requirements for higher risk client
relationships.
- Monitors database exception reports to ensure financial,
collateral, and loan classifications are accurate.
- Analyzes financial and supporting documentation submitted for
formal and informal lending and servicing requests.
- Enters balance sheets and earnings statements into spreading
software. Generates post close balance sheets and projections for
analysis.
- Qualifies, validates and reconciles financial information
utilized in the credit decision making process. Analyzes and
understands current capacity, capital and cash flow situation of
client.
- Identifies, communicates, and assists in the collection of
financial information required to process lending and servicing
requests.
- Is responsible for keeping knowledge up to date with industry
trends and procedures.
- Builds and maintains knowledge and skills as an industry
resource by continuing to attend meetings, seminars, conferences
and tradeshows for industries financed by the bank.
Minimum Qualifications & Required Knowledge, Skills and
Abilities:
- Bachelor's degree in ag business, finance, economics or related
field OR an equivalent combination of education and experienc e
sufficient to perform the essential functions of the job.
- Basic to solid knowledge of agricultural businesses and
operations, crop insurance and livestock industries and associated
production practices.
- Basic to solid knowledge of loan products, services, and credit
operations.
- Basic to solid understanding of credit processing and servicing
activities, accounting principles and practices, credit analysis
procedures, credit administration, monitoring and
reporting.
- Requires solid interpersonal, collaboration, communication,
team building, problem solving, analytical, organizational, and
time management skills.
- General computer skills, including Microsoft Office
applications, customer relationship management (CRM) programs,
internal underwriting and database systems.
- Basic to solid decision making, negotiating, and influencing
skills.
- Flexible and adaptable to changing situations.
- Ability to work independently and colla boratively with other
teams to achieve goals and represent the business.
- Valid driver's license.
Who is Compeer Financial?
Compeer Financial exists to champion the hopes and dreams of rural
America. By joining our team, you will help empower those in
agriculture and rural communities to achieve their goals and expand
their possibilities. We embrace business agility and innovative
approaches to serving our clients and communities.
Why join our team?
- Amazing team members who are passionate about serving
agriculture and rural America.
- Investment in our team members' education, growth and
development.
- Engagement in our communities through giving back and
volunteerism.
- Flexible, collaborative and dynamic work environment.
- Great benefits:
- Medical, Dental, Vision insurance
- 401K (3% Compeer contribution & up to an additional 6%
match)
- Paid time off (vacation, sick leave, holidays, volunteer
time)
Find out why our team members choose Compeer Financial by watching
.
How do I apply?
Qualified candidates, please apply online at .
Compeer Financial is an equal opportunity employer and all
qualified applicants will receive consideration for employment
without regard to race, color, religion, sex, national origin,
disability status, protected veteran status, or any other
characteristic protected by law.
Keywords: Farm Credit Council, Minneapolis , Credit Officer Specialized, Other , Baldwin, Minnesota
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