Internal Credit Reviewer

Compeer Financial • Mankato, MN

15d • 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 open to any Compeer office location in Illinois, Minnesota and Wisconsin . The contributions you will make: This position is responsible for partnering with leadership and stakeholders to identify and assess risk and controls for credit. You will complete highly complex loan reviews to evaluate credit quality and administration to identify and mitigate risk . Ensures the organization adheres to internal policies and procedures, Federal and State lending regulations, business plans, and maintains sound fiscal operations. Provides guidance and mentorship to less experienced team members and consultation to leadership and key management partners.

Requirements

• Bachelor’s degree in finance, accounting, business administration or related field OR an equivalent combination of education and experience sufficient to perform the essential functions of the job.
• Expert-level related work experience in loan review, c redit a nalysis and c redit u nderwriting in a Financial Institution.
• Expert knowledge of applicable Federal and State laws, rules and regulations regarding credit extension.
• Advanced analytical and problem-solving skills.
• Expert understanding of credit and collateral risk, internal controls, and accounting principles.
• Expert understanding of FCA Regulations, AgriBank policies, Compeer policies, procedures and classification systems.
• Ability to work independently, with proven skills in leadership and organization.
• Advanced a uditing and reporting skills with a high degree of accuracy.
• Advanced problem solving, decision making and organizational skills.
• Strong computer skills, including Microsoft Office applications

Nice To Haves

• Specialized training in c redit a nalysis

Responsibilities

• Assists in establishing, implementing and monitoring an internal audit program to ensure a satisfactory internal control system for administration of credit, financial services, financial operations and administrative functions in the organization.
• Conducts loan file reviews of credit administration with a focus on complex loans.
• Assesses loan file documentation, credit approval process, loan policy and procedures, analysis of financial information, assigned risk rating and credit classification, analysis of financial information, assigned risk rating and credit classification, analysis and monitoring of collateral, assigned collateral loss grade, approved terms and conditions, loan system coding, and ongoing monitoring and collection, including service plans.
• Participates in financial/operations audits as requested.
• Reviews various Compeer internal functions for proper administration and documentation.
• Serves as a resource to field team members regarding policies and procedures.
• Participates in planning and leading Internal Credit Reviews.
• Determines and makes clear recommendations on the scope of reviews in conjunction with internal credit review leadership.
• Builds relationships with key leadership and management by networking, seeking input on key decisions and encouraging comments and feedback during meetings.
• Leads special projects as requested by Credit Review leadership.
• Drafts and distributes written and verbal reports to management to assist with evaluating if the organization is compliant with FCA, AgriBank, and Compeer policies, procedures and regulations.
• Provides management with written and verbal reports on performance standards in credit administration, classification concurrence, etc.
• Assists in presenting results to the Audit and Finance Committee.
• Provides input and assists Credit Review leadership with assessing portfolio risk and developing an annual plan while gaining insight from Credit leadership and management.
• Assists in presenting the results to the Audit and Finance Committee.

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: Mid Level