Financial Associate Credit Ag Lending

Compeer Financial • Lakeville, MN

1d • Hybrid

About The Position

Empowered to live. Inspired to work.
Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.
How we support you:
Hybrid model – 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)
Benefits: 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 (i.e. Inclusion Council, emerging professional groups, etc.)
Professional membership/certification reimbursement and more!
Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.
To learn more about Compeer Financial visit www.compeer.com/careers.
Where you will work: This position offers a hybrid work option up to 50% remote and is based out of the Mankato, MN, Lakeville, MN or Waite Park, MN office locations.
The contributions you will make: The Financial Associate Program is a 12-18 month training program. The full-time benefit eligible Financial Associate works through a syllabus which will prepare them for a position in Credit.
A typical day:
Provides accurate financial analysis and loan structuring analysis to Financial Officers on select loan accounts utilizing Salesforce (nCino), Tool for Reasoning Analysis and Credit (TRAC), Credit Desk, or other software to determine credit risk and support the loan decision.
Performs verification of assets, liabilities and income using public records, outside vendors and direct contact methods.
Provides prompt turn around on credit packaging and servicing requests coming to the department.
Spends time contacting the client’s or prospective client’s farm/agribusiness.
Markets credit and related services, establishing new market relationships which will contribute towards attainment of Compeer Financial’s goals and business objectives.
Assists with the maintenance of a prospect file, establishing ongoing prospecting plans and activities, and developing and making a commitment to individual sales goals for both loans and related services.
Accomplishments will include sales closings, servicing insurance policies, appraisals, positive client relations and generally contributing to Compeer Financial’s image as the leading financial institution committed to clients.

Requirements

• Pursuing a bachelor’s degree in Agricultural Economics, Ag Business or equivalent ag or business related degree.
• Knowledge of farm production methods and products, a general understanding of farm business management and finance.
• Solid organizational, interpersonal, communication, problem solving, analytical, negotiating and influencing skills.
• Must demonstrate effective team building and processing skills.
• The understanding of and ability to use various computer, business/financial applications.

Nice To Haves

• Experience in agribusiness/farming industry, agricultural credit or closely related field preferred.

Responsibilities

• Provides accurate financial analysis and loan structuring analysis to Financial Officers on select loan accounts utilizing Salesforce (nCino), Tool for Reasoning Analysis and Credit (TRAC), Credit Desk, or other software to determine credit risk and support the loan decision.
• Performs verification of assets, liabilities and income using public records, outside vendors and direct contact methods.
• Provides prompt turn around on credit packaging and servicing requests coming to the department.
• Spends time contacting the client’s or prospective client’s farm/agribusiness.
• Markets credit and related services, establishing new market relationships which will contribute towards attainment of Compeer Financial’s goals and business objectives.
• Assists with the maintenance of a prospect file, establishing ongoing prospecting plans and activities, and developing and making a commitment to individual sales goals for both loans and related services.
• Accomplishments will include sales closings, servicing insurance policies, appraisals, positive client relations and generally contributing to Compeer Financial’s image as the leading financial institution committed to clients.

Benefits

• Hybrid model – 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)
• Benefits: 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 (i.e. Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 1,001-5,000 employees