Lending Associate

Oklahoma AgCredit•Chickasha, OK

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 an 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 training. The position includes working with Agricultural Lenders, Credit Team Members, Lending Specialists, and customers; participating in customer visits and business-development activities; and developing an understanding of production agriculture, regional agricultural markets, and Oklahoma AgCredit products and services. The associate participates in Oklahoma AgCredit’s Lending Associate Development Program and receives mentoring and coaching from experienced Agricultural Lenders. The role is located in Chickasha, Oklahoma, and the stated hours are Monday through Friday, 8:00 a.m. to 4:30 p.m.

Requirements

Bachelor’s degree in Agricultural Business, Agricultural Economics, Agribusiness, Finance, Accounting, Business Administration, or Agricultural Education, or experience equivalent to perform the essential functions of the position.
An equivalent combination of education and experience sufficient to perform the essential functions of the job may qualify.
Knowledge of Word, Excel, PowerPoint, and Outlook sufficient to create, update, and save 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.
Ability to use a systematic approach to problem solving.
Ability to gather, compile, and organize information.
Ability to interact and work effectively with others.
Proofreading and editing skills.
Oral and written communication skills sufficient to exchange information effectively with peers, a supervisor, and customers.

Responsibilities

Perform credit analysis and underwriting support while 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 with credit requests, recommendations, and supporting documentation.
Develop knowledge of loan structuring, collateral evaluation, risk assessment, and Oklahoma AgCredit’s credit philosophy.
Assist with servicing actions, including additional advances, annual loan reviews, renewals, extensions, conversions, assumptions, partial releases, and collateral substitutions.
Assist with preparing, analyzing, monitoring, and updating Loan Position Reports and borrowing bases.
Assist with preparing and updating Personal Property Valuations.
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 and of production agriculture and regional agricultural markets.
Participate in agricultural, community, customer, and industry events.
Participate in the Lending Associate Development Program and receive mentoring and coaching from experienced Agricultural Lenders.
Develop leadership, communication, analytical, and problem-solving skills.
Complete internal and external training programs and learn Oklahoma AgCredit systems, policies, procedures, and operational requirements.
Review credit-related policies and procedures in PolicyTech.
Complete required regulatory, compliance, and organizational training.
Pursue professional development related to agricultural lending and finance.