Credit Analyst Associate

Farm Credit East • Auburn, CT

19h • Hybrid

About The Position

Farm Credit East (FCE) is a leading provider of loans and farm advisory services to agricultural business owners across the northeast, with $13.5 billion in total loan volume and $29 million in annual financial services revenue from 18,000 customers across its 8-state territory. The Credit Analyst role is responsible for analyzing and effectively communicating the strengths and weaknesses of a credit application and appropriately structuring credit facilities. The analyst must develop a thorough understanding of the marketplace, credit analysis and underwriting including the five “C’s” of credit, and all phases of the credit delivery process. The analyst also has a responsibility to protect the Association, meeting the needs of the customers, growing the business of the Association, and always promoting a positive corporate image. Sound and secure credit analysis and underwriting combined with the promotion of good customer and public relations is important for the advancement of both the employee and the Association. The value drivers for this role are to create operational efficiency by effectively and efficiently analyzing credit requests, assessing risk, and making recommendations, and to fuel organizational synergy through consistent processes and effective communication. Join a collaborative, customer-focused team at Farm Credit East.

Requirements

• Associate or bachelor’s degree in Agriculture, Agri-Business, Economics, Finance, Business or a related field.
• An equivalent combination of education and experience to perform the essential functions of the job.

Responsibilities

• Works with team members to effectively serve marketplaces across the Association providing sound and timely analysis within the time expectations of the customer and team members
• Identifies and ensures that credit classifications, PDs, LGDs, and all financial information are accurate and current on the loan being services and all related loans
• Effectively applies policies and procedures to meet underwriting requirements; This includes ensuring that loans are priced, and all fees collected, as required by policy, any waivers obtained must be properly documented and approved as required by ACA policy.
• Employs approved differential analysis tools and technology as appropriate
• Provides direct financial underwriting and analysis that consistently follows the organization’s expectations of financial reporting consistency.
• Delivers accurate and timely loan underwriting using provided lending software; Underwriting is to be completed on all levels of loan complexities, as determined by the designated leader
• Actively assesses financial information for opportunities to cross sell, paying particular attention to mining the balance sheet for new lending opportunities, consolidating takedowns, identifying crop insurance, recordkeeping, and tax preparation opportunities.

Benefits

• Hybrid work options after two weeks of employment
• Salary: $55,000 - $80,000 commensurate with experience.
• Short Term Incentive to reward business results
• 401(k) match up to 6% of salary
• Verified student loan payments may qualify for an employer match in your 401(k) up to 6% of salary
• Defined Contribution retirement plan funded at 2-9% of salary depending on years of service
• 15-25 days of vacation leave per year, depending on years of service
• 12 days of holiday leave per year
• 7.5 days of sick leave in your first year, followed by 12 days of sick leave per year thereafter
• Unlimited rollover of unused sick leave year to year
• Up to 80 hours of paid leave for birthing, non-birthing, and adoptive parents
• Additional leave options available under SMLA and company policy
• Comprehensive medical, dental, and vision plans, including preventive care and wellness programs to support your overall health and well-being
• Health Savings Account
• Life insurance at 2x base pay
• Accidental Death and Dismemberment insurance at 2x base pay
• Long-term disability insurance at 2/3 base pay
• Tuition reimbursement
• Continuing education and training
• Employee Assistance Program offering a wide variety of tools and resources

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree