Lending Associate

Oklahoma AgCredit•Pauls Valley, OK

3d•Onsite

About The Position

The Lending Associate is a developmental position intended to prepare future Agricultural Lenders through hands-on experience in credit analysis, loan servicing, customer support, and agricultural lending. The role supports lenders and customers throughout the assigned region while building the credit, servicing, relationship management, and business development skills needed for a lending career. The associate supports credit analysis and underwriting, loan servicing and portfolio management, customer development, and professional education. The position participates in Oklahoma AgCredit’s Lending Associate Development Program and receives mentoring and coaching from experienced Agricultural Lenders. The work schedule is Monday through Friday, 8:00 a.m. to 4:30 p.m., in Pauls Valley, Oklahoma.

Requirements

Bachelor’s degree in Agricultural Business, Agricultural Economics, Agribusiness, Finance, Accounting, Business Administration, Agricultural Education, or equivalent experience sufficient to perform the essential functions of the position.
Equivalent combinations of education and experience sufficient to perform the essential functions of the job are accepted.
Knowledge of Word, Excel, PowerPoint, and Outlook sufficient to create, update, and save a variety of documents.
General knowledge and understanding of the agriculture industry.
General knowledge of agricultural economics and agricultural business operations.
General knowledge of accounting and finance principles.
Ability to analyze information and formulate logical, objective conclusions.
Ability to read and understand income statements, balance sheets, and other financial reports.
Skill in using a systematic approach to problem solving.
Skill in gathering, compiling, and organizing information.
Ability to interact and work effectively with others.
Skill in proofreading and editing documents.
Oral and written communication skills sufficient to exchange information effectively with peers, supervisor, and customers.

Responsibilities

Perform credit analysis and underwriting support, developing the ability to evaluate increasingly complex agricultural lending relationships.
Analyze financial statements, tax returns, balance sheets, cash flow projections, and other financial information.
Assist Agricultural Lenders and Credit Team Members in preparing credit requests, recommendations, and supporting documentation.
Develop knowledge of loan structuring, collateral evaluation, risk assessment, and Oklahoma AgCredit’s credit philosophy.
Assist with loan servicing actions, including Additional Advances, Annual Loan Reviews, Renewals, Extensions, Conversions, Assumptions, Partial Releases, and Collateral Substitutions.
Assist in preparing, analyzing, monitoring, and updating Loan Position Reports (LPRs) and Borrowing Bases.
Assist with preparing and updating Personal Property Valuations (PPVs).
Gather and update borrower financial information.
Assist with covenant monitoring and documentation requirements.
Coordinate servicing requests with Agricultural Lenders, Lending Specialists, Credit Team Members, and customers.
Maintain accurate loan documentation and customer records.
Participate in customer visits, farm calls, and business development activities with Agricultural Lenders.
Assist with maintaining and strengthening customer relationships.
Develop knowledge of Oklahoma AgCredit products and services.
Participate in agricultural, community, customer, and industry events.
Develop an understanding of production agriculture and regional agricultural markets.
Participate in the Lending Associate Development Program and complete internal and external training programs.
Receive mentoring and coaching from experienced Agricultural Lenders.
Develop leadership, communication, analytical, and problem-solving skills.
Develop knowledge of Oklahoma AgCredit systems, policies, procedures, and operational requirements.
Attend internal and external training programs and conferences.
Review credit-related policies and procedures in PolicyTech.
Complete required regulatory, compliance, and organizational training.
Pursue professional development opportunities related to agricultural lending and finance.