Credit Officer Specialized

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.

Responsibilities

Analyzes new credit requests and makes loan servicing decisions for existing clients; Completes financial analysis and underwriting on a variety of livestock and crop producers throughout Compeer's territory and the United States; Analyzes financial and supporting documentation for formal and informal lending and servicing requests; Enters balance sheets and earnings statements into spreading software and generates post close balance sheets and projections; Qualifies, validates and reconciles financial information used in credit decisions; Approves, declines, or escalates credit decisions within delegated authority; Determines appropriate level of analysis and due diligence based on credit risk; Determines account classification and probability of default rating; Communicates credit decisions, terms, conditions, and findings through formal narrative write-ups; Facilitates negotiation of credit agreements between Compeer, borrowers, participants and outside counsel; Prepares and packages syndications and participations for sale; Creates credit packages to meet client needs; Proactively monitors lending portfolio and loan performance and completes annual reviews; Monitors interim financial reports, borrowing base certificates, compliance certificates, and other reports; Develops plans with sales teams or clients to cure loan delinquencies; Coordinates with sales and RAU teams on servicing plans for higher risk relationships; Monitors database exception reports for accuracy; Works with Lending Specialists to discuss loan packages and provide financial counseling to clients; Meets with clients to provide quantitative assessments of financial performance; Keeps knowledge of industry trends current and attends industry meetings, seminars, conferences and tradeshows; Visits larger site operations to complete management assessments; Works on special projects including new loan programs and internal process evaluation

Requirements

Bachelor's degree in ag business, finance, economics or related field, or an equivalent combination of education and experience sufficient to perform the essential functions of the job; Minimum of 3 years of experience in credit analysis in a financial institution, preferred; Knowledge of federal and state (Illinois, Minnesota, and Wisconsin) laws, regulations and compliance requirements specific to the financial industry and Farm Credit; 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; Solid interpersonal, collaboration, communication, team building, problem solving, analytical, organizational, and time management skills; Basic to solid computer skills, including MS 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 collaboratively with other teams to achieve goals and represent the business; Valid driver's license; Must be authorized to work for any employer in the United States

Benefits

Hybrid model with up to 50% work from home; Flexible schedules including ample flexibility in the summer months; Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match); Medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP; Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off; Learning and development programs; Mentorship programs; Cross-functional committee opportunities; Professional membership/certification reimbursement; Variable compensation eligibility