Credit Officer

Capital Farm Credit • College Station, TX

13d • Hybrid

About The Position

Assists Relationship Managers, Special Assets Officers and Administrators with data input, analysis, and risk determination on loans and leases. Performs complex level credit analysis work on loans and leases, works independently and under minimum supervision. In many cases the person is part of a deal team that processes a new loan or lease, or credit servicing requests. Processes and approves loans and leases in assigned territory within the limits of specific delegated authority consistent with Association policies. Evaluates and services loans and leases with higher levels of complexity and risk. Develops and manages loan/lease portfolios including loan/lease originations in the trade area served by the association. Assists in training less-senior loan and credit officers to ensure quality service and attainment of the Association’s credit goals. Has appreciable latitude for decision making as part of a deal team.

Requirements

• Bachelor’s degree in Finance, Business Administration or a related field, or equivalent experience
• Six (6) to seven (7) years of experience in the administration and analysis of complex credits on commercial and mortgage loans and leases.
• Experience in structuring and evaluating complex loan, lease and credit servicing actions is essential.
• General knowledge of accounting/financial systems.
• Specialized knowledge of accounting/finance principles.
• Skill in oral and written communication.
• Intermediate skill level in Microsoft Office applications.
• Ability to perform intermediate-level accounting and financial analyses under limited supervision.

Nice To Haves

• This may include purchased and sold loan and lease participations.

Responsibilities

• Provides assistance to Relationship Managers, Special Assets Officers, and Administrators in analysis and servicing of the Association’s loans and leases.
• Analyzes financial information including balance sheets, income statements and cash flows of potential borrowers and borrowers to ascertain credit worthiness. Determines appropriate Probability of Default PD rating for loans and leases.
• Analyzes collateral and borrower primary and secondary repayment sources. Determines appropriate Loss Given Default LGD rating for loans and leases.
• Interprets, communicates, and provides guidance regarding Association lending policies and procedures.
• Develops and manages loan portfolios including loan originations in the trade area served by the association. Works with complex loans and loan participation packages.
• Interprets, communicates, and provides guidance regarding association lending policies and procedures.
• Reviews and approves loans and leases submitted by other lending staff that exceed their delegated authority.
• Complies with proper credit administration practices as outlined in the association’s policies and procedures.
• Assists senior-level credit officers with complex loan/lease applications as necessary.
• Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
• Makes and services loans and leases within delegated authority and in accordance with association policies. Makes and/or conveys decisions on loan approval, structure and pricing. Responsible for exercising credit risk management responsibilities on loans/leases within area of responsibility.
• Conducts complex credit analyses. Analyzes balance sheets, income statements, and cash flows of potential borrowers to ascertain creditworthiness. Maintains current, adequate and verified financial information on borrowers and guarantors as required by association policy.
• Performs credit servicing tasks, which may include partial releases, subordination to mineral leases and right of ways, division orders, re-amortizations, assumptions, severance agreements, and insurance claims.
• Performs collections on assigned loans and assists management with collections on all loans in the portfolio. Works with Relationship Managers, loan administrators, and Special Assets Group to service problem loans.
• May assist with the title examination on prospective loans to ensure validity of liens on property pledged as collateral or security interest on chattels. May facilitate the loan closing process as required in accordance with all applicable association and FCA policies and regulations.
• May perform collateral evaluations in compliance with district and association standards and procedures. May assist with or attend public relations functions for the Association.

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