Sr Credit Officer Ag Lending

Where you will work: This position offers a hybrid work option up to 50% and is based out of the Bloomington, IL office location.

The contributions you will make: 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 crop and livestock industries throughout Compeer’s territory. Makes credit decisions that are consistent with established credit policies, procedures and best practices. The incumbent approves or denies requests within their delegated authority with a majority of the time being spent on completing loan analysis on more complex client relationships and communicating decisions to internal and external team members Works with clients and Financial Officers to discuss loan packages and provide financial counseling to clients. Visits clients, as needed.

A typical day: 

Credit Analysis

• 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.
• Approves, declines, or escalates credit decision to higher authority levels as
• Determines appropriate level of analysis and due diligence required based on credit
• Determines appropriate account classification and probability of default
• Effectively communicates credit decision, terms, conditions, and findings through a formal narrative write-up.
• Establishes loan conditions and closing requirements for approved
• Answers questions and provides direction on credit related issues that arise during the processing, closing, and servicing of lending transactions.
• Provides training and mentorship to less tenured team
• Facilitates negotiation of credit agreements between Compeer, borrower, participants and outside counsel.
• Creates innovative credit packages to meet client needs.

Loan Servicing and Credit Administration

• Proactively monitors lending portfolio and loan performance for the organization and provides direction for loan classification.
• Works directly with sales team or with clients to develop a plan to cure loan delinquencies or other servicing requests.
• Determines how to structure stressed credits to meet internal lending requirements, client expectations, and organizational growth objectives.
• Coordinates with sales and RAU teams to develop servicing plans and other monitoring requirements for higher risk client relationships.
• Monitors database exception reports to ensure proper financial, collateral, and loan classifications are accurate.
• Provides training and mentorship to less tenured team

Client Relations

• Works jointly with Financial Officers and other team members to implement Team Relationship Model approach with key clients.
• Meets with clients to provide quantitative assessments of financial performance in relation to Compeer credit standards and industry norms.
• Prepares and presents financial peer reports, industry benchmark analysis and other financial counseling tools to clients.
• Assists clients in gaining a better understanding of their financial position and set goals for the future.

The skills and experience we prefer you have: 

• Bachelor’s degree in Agricultural Business, Finance, Economics or related field or an equivalent professional experience in commercial / ag lending. 
• Advanced level of experience as a Loan Officer, Credit Officer, or Commercial / Agricultural Lender.
• Proven experience in agricultural lending or commercial lending with complex credit structures. 
• Experience managing and underwritinglarge grain or cash grain operations, preferred. 
• Strong working knowledge of:
  • credit analysis and underwriting
  • loan structuring and servicing
  • credit administration, monitoring and reporting
  • financial statement analysis.
• Solid understanding of federal and state banking regulations.
• Experience operating in a regulated financial institution environment.
• Knowledge of agricultural operations, crop insurance, livestock industries, and production cycles, preferred.
• Advanced interpersonal, collaboration, communication, team building, problem solving, analytical, organizational, and time management skills.
• Strong decision making, negotiating, and influencing skills.
• Flexible and adaptable to changing situations.
• Ability to work independently and collaboratively with other teams to achieve goals and represent the business.

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How we will take care of you:

Our job titles may span more than one career level (associate, senior, principal, etc.). The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role is eligible for variable compensation and other benefits.