Sr. Credit Officer Wholesale

Compeer Financial • Lakeville, MN

2d • Hybrid

About The Position

This position analyzes new credit requests, makes loan servicing decisions for existing clients and performs other essential credit duties. Completes the financial analysis and underwriting on a variety of industries throughout the United States. Credit decisions are made based on targeted credit quality levels and volume/growth levels set by executive leadership. The incumbent approves or denies requests within their delegated authority with a majority of the time being spent on completing analysis for large, complex loans, and communicating with internal and external team members.

Requirements

• Bachelor’s degree in ag business, finance, economics or related field or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
• 6-8 years of experience in a financial institution.
• Knowledge of federal and state (Illinois, Minnesota, and Wisconsin) laws, regulations and compliance requirements specific to the financial industry and Farm Credit.
• Advanced knowledge of agricultural businesses and operations, crop insurance and livestock industries and associated production practices.
• Thorough knowledge of loan products, services and credit operations.
• In-depth understanding of credit processing and servicing activities, accounting principles and practices, credit analysis, credit administration, monitoring and portfolio management.
• Advanced interpersonal, collaboration, communication, team building, problem solving, analytical, organizational, and time management skills.
• Strong computer skills, including MS Office applications, customer relationship management (CRM) programs, internal underwriting and database systems.
• Strong analytical skills with attention to detail.
• Flexible and adaptable to changing situations.
• Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
• Valid driver’s license.
• Must be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.

Responsibilities

• Analyzes financial and supporting documentation submitted for formal and informal lending and servicing requests.
• Identifies, communicates, and assists in the collection of financial information required to process lending and servicing requests.
• Makes recommendations and/or approves under delegated authority loans and establishes appropriate terms and structures to manage risk and maintain sound credit administration.
• Maintains and monitors financial, collateral and loan information in the lending systems.
• Constructs credit narratives for internal and external review.
• Provides financial solutions to ag-related loans.
• Works closely with Relationship Managers to appropriately structure new and existing client loans.
• Works closely with originating banks through the loan process to assist them with processes, credit related issues and loan structures.
• Participates in client meetings with Financial Officers to enhance client relationships.
• Works closely with Financial Officers to assist in balancing credit risk with loan growth.
• Provides exceptional service to client.
• Provides guidance and is a resource for structuring credit packages.
• Monitors the performance of clients and works directly with Sales and Risk Asset Unit to develop servicing plans.
• Services internal and external clients by supporting team members and processing loan requests, loan servicing requests, and other credit.
• Processes, underwrites and approves service requests on existing loans already booked.
• Responds timely to internal and external audit requests regarding designated account information.
• Enters balance sheets and earnings statements into spreading tool.
• Generates post close balance sheets and projections for analysis.
• Completes annual reviews in a timely manner.
• Updates service plans as needed.
• Continues to learn new processes and responsibilities for monitoring loans and performance
• Works on special projects including new loan programs and internal process evaluation.
• Participates in ongoing special projects to improve service to the client as well as credit administration.
• Serves as a resource/mentor to lending and team members in training regarding financial information, policies, procedures, and credit related matters.
• Works closely with credit and sales leaders to determine appropriate training opportunities.
• Builds and maintains knowledge and skills as an industry resource by continuing to attend meetings, seminars, conferences and tradeshows for industries financed by the bank.
• Participates in industry updates and webinars to stay up-to-date on market changes and other industry news.
• Meets with originators to learn about their territory and industry needs.
• Visits larger site operations to complete character assessments to better understand their setup.

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