VP - Borrowing Base Manager

Rabobank

220d • $135,000 - $160,000

About The Position

This is a newly created role so the successful candidate will have the opportunity to help shape both the current borrowing base team and the future team. The role includes supporting the Head of NA Portfolio Management in other strategic priorities. This is a player/coach role where the ideal candidate can take on day-to-day borrowing base tasks and support and coach their direct reports to be successful in their roles. Responsible for leading a Borrowing Base Analyst Team to review and ensure compliance with borrowing base requirements and ensuring sound collateral practices within the Rural Business. This is a leadership position in the Portfolio Management Team which is accountable for development and implementation of the 1st line credit risk function. They will act as a primary subject matter expert on credit risk and collateral risk (specifically Borrowing Base assets) for the 1st line.

Requirements

• 10+ years' experience together with experience managing people.
• Working knowledge of commercial loan structures, loan documentation and collateral type and lien perfection.
• Strong communication, organizational and problem-solving skills.
• Ability to travel regionally, up to 15%.
• Legally authorized to work in the United States on a full-time basis.

Responsibilities

• Support the implementation of borrowing base collateral monitoring aspects of the 1st line credit risk function, including implementation of processes, tools and systems to identify, assess, measure, manage, monitor and report credit risks in the lending portfolio.
• Work with client relationship and loan underwriting teams to provide expertise and guidance on borrowing base collateral structures and monitoring.
• Ensure adherence to regional and global underwriting and collateral policies to ensure overall risks are identified, mitigated, and managed within the required framework.
• Support the monitoring and reporting on developing trends in the agriculture industry and within the loan portfolio and recommend tangible actions to either take advantage of these trends or appropriately manage emerging risks.
• Establish & maintain processes & procedures for Management of the centralized borrowing base and treasury management team to ensure tight monitoring and controls on margined lines of credit.
• Develop and implement a quality control and quality assurance function aimed at improving control of risk and providing a feedback loop to management in regard to performance.
• Supervise and evaluate the work of other employees to ensure effective allocation of the team's resources to meet objectives.

Benefits

• Medical, Dental and Vision plan coverages effective on your date of hire.
• 401(k) plan participation on your date of hire with a 50% match of the first 6% contributed.
• Generous paid time off program: up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually.
• Dollars for Doers, Helping Hands and Gift Matching programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree