Credit Underwriter

AgWest Farm Credit • Spokane, WA

9h • Hybrid

About The Position

AgWest Farm Credit is seeking a Credit Underwriter I, II, or III (internally known as a Credit Analyst I, II, or III) to join their Credit Resolution Team in Spokane, Washington. This full-time position reports to the SVP, Credit and is responsible for servicing distressed and/or high profile loans and acquired properties, while providing high quality, profitable, and constructive credit and related services to customers. AgWest Farm Credit is a member-owned financial cooperative serving farmers, ranchers, agribusinesses, and other rural entities across seven western states, and is part of the established Farm Credit System.

Requirements

• Bachelor’s degree in business, accounting or ag related field, or an equivalent combination of education and experience.
• Generally, requires one to two years' accounting or financial industry experience.
• Understanding of applicable credit laws and regulations, and bankruptcy law and collection procedures.
• Ability to market, sell, and effectively negotiate terms on AgWest products, including loan programs, interest rate programs, and financially related services, both verbally and in writing.
• Knowledge of appraisal techniques and principles.
• Thorough knowledge of credit classifications and sound loan administration practices.

Nice To Haves

• Agricultural background.
• Advanced knowledge of AgWest's policies and procedures.
• Advanced knowledge of AgWest's products and services and how they are delivered.

Responsibilities

• Service existing accounts by meeting with and receiving information from customers.
• Complete customer visits and document observations, including visually inspecting collateral and evaluating customer management practices and repayment expectations.
• Make quality credit decisions to ensure customer service, a high-quality loan portfolio, and effective loan administration.
• Monitor loan performance and service assigned accounts.
• Prepare credit analysis and submit recommendations to supervisor or loan committee for action.
• Approve loans within delegated authority.
• Gather financial information through interviews, financial statements, legal opinions, tax records, and other financial documents.
• Comply with organization documentation expectations, procedures, laws, and regulations.
• Service assigned accounts with the objective of providing efficient customer service and maximizing the return on troubled assets through proactive servicing and timely coordination with other divisions and portfolio groups.
• Establish rapport with and develop confidence of customers and prospective customers.
• Accurately classify and identify appropriate charge-offs/reserves, cash income accounting, and allowances on assigned loans.
• Assist in credit investigations on applicants, including public record searches, CBI reports, employment and income verification, and asset and liability verification.
• Review loan documents prior to closing to ensure appropriate documentation is completed.
• May participate in loan closings.
• Ensure a high degree of credit administration by developing and implementing sales/servicing plans and coordinating actions with financial specialists.
• Communicate with other divisions and portfolio groups and ensure timely transfers between divisions and portfolio groups to meet customer service needs and organization objectives.
• Support customer relationships to ensure profitability of assigned portfolio.
• Value real estate, personal property, and other collateral following assigned procedures.
• Visually inspect property and assign a value based on organization guidelines.
• Effectively work with customers, other Farm Credit employees, and outside parties, which may include travel to farms or other locations.
• Represent and communicate the values, purpose, and mission of the organization.
• Perform all duties and maintain all standards in accordance with company policies, procedures, and internal controls.
• Other duties as assigned.

Benefits

• Medical, dental, and vision insurance
• Basic term life and AD&D insurance (fully paid for by the company)
• 15 vacation days annually
• 15 sick days annually
• 12 holidays annually
• 3 volunteer days annually
• 401(k) plan (6% match plus 3% employer contribution)
• Employee Assistance Program
• Wellness Program
• Jeans are welcome at work every day
• Vacation accrual rates increase with tenure.
• Relocation assistance will be provided to eligible candidates who must relocate to accept this position.
• Home office stipend

What This Job Offers

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