Collateral Auditor II

Capital Farm Credit • College Station, TX

3d • Onsite

About The Position

Capital Farm Credit is the largest rural lending cooperative in Texas, serving 192 counties through nearly 70 credit offices. With over $12 billion in assets and more than 600 team members, we provide essential financial services to farmers, ranchers, rural homeowners, and agribusinesses. As part of the nationwide Farm Credit System, we are dedicated to supporting rural communities and agriculture. We seek motivated individuals who share our core values: commitment, trust, value, and family-like respect. As a customer-owned cooperative, we align employee success with member success, offering competitive pay, growth opportunities, and a supportive environment. At Capital Farm Credit, you’ll find more than a job—you’ll find purpose.

Requirements

• Bachelor's Degree in agricultural economics, business administration, finance, or other related field, plus five (5) to seven (7) years of experience in audit and risk management, as it relates to collateral and working capital type assets.
• An advanced understanding of agriculture/agribusiness as a business/industry, asset lending, loan structuring, credit arrangements, collateral audits, and general banking products/services.
• Complex knowledge of loan workouts including bankruptcy, troubled debt restructurings, and borrowers and creditors’ rights.
• Advanced knowledge of accounting/bookkeeping, banking regulations, operations, and credit practices.
• Complex understanding of financial analysis of commercial/corporate and production agricultural credits.
• Excellent interpersonal relations, administrative, research (including Internet) and communication skills are required.
• Strong analytical skills to maintain sound collateral audit standards, assessing a borrower’s risk management program (including, but not limited to things like hedging, insurance coverage, and operating practices) and evaluate and structure loan proposals.
• Must have some knowledge of business and legal practices in mortgage and commercial/operating lending, including credit standards, and real estate and equipment appraisal requirements.
• Must be proficient with Microsoft Office software.
• Ability to effectively coordinate input from many sources to complete an assignment.
• Adept in conflict management, adaptability, problem-solving, multi-tasking, influencing others, creativity, and being a self-starter.

Nice To Haves

• Experience with Farm Credit System and rolling stock equipment valuations are a plus.

Responsibilities

• Conducts collateral audits in loan pre-closings and periodic follow ups, including collateral audits of production agriculture loans for multi-lender loan syndications/participations.
• Supports training of the Association’s staff, and where applicable, other entities.
• Responsible for the collateral audit delivery process that includes, but is not limited to, assessing short/long-term risks and management.
• Monitors credit policy compliance of factors like advance rates.
• Works under limited supervision and coordinates with others in the department as well as the entire Association as needed.
• Assists in monitoring and overseeing loan/business relationships, financial performance and related Association risk that may result from the debtor/creditor relationships with other Associations.
• Assists collateral audit managers in special projects as needed.
• Prepares reports summarizing findings, including borrowing base reporting exceptions and suggestions for correction and/or improved interpretation and reporting.
• Interacts regularly with the Association’s customers, to constructively support their understanding of borrowing base report preparation to ensure its accuracy.
• Implements a credible collateral audit approach that is unique to each customer yet encompasses the critical dimensions of auditing a borrower’s working capital-based loan transactions.
• Coordinates collateral audits scheduling, which will include establishing a tickler system for timely alerts to Association staff on when a collateral audit is due.
• Makes recommendations regarding individual transactions or loans for improvements of credit function, including new technology, resources, etc. needed to perform at a high level.
• Provides, follows up, and conveys verbal instructions. Provides and receives feedback in an appropriate and respectful business manner.
• Assists other Association personnel in completing coordinated projects as assigned.
• Involved in the preparation of industry/sector analysis as directed by the collateral audit manager.
• Conducts/participates in collateral audits for multi-bank loan syndications or participations.
• Develops memos and related presentations to loan committee and senior management.
• Ensures areas of involvement comply with applicable laws, Farm Credit regulations and Association policies.
• Assist Relationship Managers and Credit Analysts with the managing/monitoring of existing or new loan through providing input on credit structure, terms, conditions, etc. as directed by the Department Manager.

Benefits

• Incentive Program: Company-wide, goals-based rewards.
• Accrued Time Off: Earn 13 days of annual leave and 15 days of sick leave per year, plus enjoy 12 paid holidays annually.
• Retirement: 401(k) with up to 9% employer contribution/match.
• Health Coverage: Affordable medical, dental, and vision plans.
• Parental Leave: 8 weeks of paid parental leave.
• Life & Disability Insurance: Employer-paid coverage.
• Education & Wellness: Tuition reimbursement and up to $400 for wellness expenses.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level