Scorecard Specialist

Compeer Financial Aca • Mankato, MN

313d • $62,700 - $89,400 • Remote

About The Position

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.

Requirements

• Associate's degree in business administration, finance, economics, agribusiness, data analysis or related field OR an equivalent combination of education and experience sufficient to perform the essential functions of the job.
• Advanced-level experience in lending, credit analysis, finance, customer service.
• Knowledge of federal and state laws, regulations and compliance requirements specific to the financial industry or Farm Credit.
• Knowledge of agricultural businesses and operations, crop insurance and livestock industries and associated production practices.
• Solid understanding of the lending process, policies and Standard Operating Procedure (SOP's), and programs used.
• Solid knowledge of loan products, services, and credit operations.
• Understanding of credit processing and servicing activities, accounting principles and practices, credit analysis procedures, credit administration, monitoring and reporting.
• Strong analytical skills with attention to detail.

Responsibilities

• Administer, process and make new loan and lease request decisions within the Scorecard program.
• Onboard loans and establish lease requests by determining eligibility and compliance to policy.
• Collaborate with internal team members and Agri-Access Lending Partners to provide sound, efficient and timely credit decisions.
• Process loan and lease requests for scoring and approve or decline using Compeer's model, Decision Management Platform (DMP).
• Analyze financial and supporting documentation submitted for credit reviews and exceptions to policy.
• Determine appropriate level of analysis and due diligence required based on credit risk, following policies and guidelines.
• Approve or decline requests within delegated authority, establishing acceptable terms and conditions.
• Determine and enter Young Beginning Small (YBS), farm involvement, and industry codes for Salesforce loan set-up.
• Communicate with Lending Partners regarding loan application information.
• Prepare and send approval, changes or decline notices once loan decision is complete.
• Answer questions and provide direction to internal team members and lending partners on scorecard and credit bureau related issues.
• Escalate decisions to higher authority as required and forward requests to traditional underwriters for full analysis.
• Monitor and prepare reports for proper use of scorecards and trends.
• Monitor lease lines of credit to determine available commitment or need for traditional approval.
• Enter lease takedowns, data, risk ratings, and loss given defaults (LGD's) within Leasewave or other systems.
• Review inaccurate Credit Bureau and internal credit history reporting for delinquent or inaccurate information.
• Review quarterly DMP security access rights and process reviews.

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. Diversity & Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Real Estate
• Education Level: Associate degree