Prin Credit Officer Ag Lending

Where you will work: This position offers a hybrid work option up to 50% remote and is based out of the Waite Park, MN or Glencoe, MN office locations.

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. Frequently meets with clients and Financial Officers to discuss loan packages and provide financial counseling to clients. Visits clients on the farm regularly to view their operations.

A typical day:

• Analyzes complex 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 complex credit decisions to higher authority levels as required.
• Determines appropriate level of analysis and due diligence required based on credit risk.
• Determines appropriate account classification and probability of default rating.
• Effectively communicates credit decision, terms, conditions, and findings through a formal narrative write-up.
• Establishes loan conditions and closing requirements for approved actions.
• Provides guidance on credit-related issues that arise during the processing, closing, and servicing of lending transactions.
• Mentors and trains less experienced team members.
• Facilitates negotiation of credit agreements between Compeer, borrower, participants and outside counsel.
• Develops innovative credit solutions to meet client needs.
• Proactively monitors lending portfolio and loan performance for the organization and provides direction for loan classification.
• Collaborates with sales team and clients to develop a plan to cure loan delinquencies or other servicing requests.
• Structures stressed credits to align with lending requirements and growth objectives.
• Coordinates with sales and risk assessment units to manage higherrisk client relationships.
• Monitors database exception reports to ensure proper financial, collateral, and loan classifications are accurate.
• Works closely with sales and operations teams to balance credit risk with portfolio growth.
• Works jointly with Financial Officers and other team members to implement Team Relationship Model approach with key clients.
• Meets with clients to discuss financial performance relative to Compeer's credit standards and industry norms.
• Prepares and presents financial peer reports, industry benchmark analysis and other financial counseling tools to clients.
• Help's clients understand their financial standing and set future goals.
• Stays informed about industry trends and procedures.
• Builds and maintains knowledge and skills within crop and livestock industries served by Compeer by reviewing industry publications, reviewing internal guidance, internal trainings, attending meetings, seminars and conferences.
• Participates in industry updates and webinars to stay up-to-date on market changes and other industry news.

The skills and experience we prefer you have:

• 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.
• Minimum of 10 years of experience in Credit Analysis in a financial institution, preferred.
• Knowledge of federal and state (Illinois, Minnesota, and Wisconsin) laws, regulations and compliance requirements specific to the financial industry and Farm Credit.
• Expert knowledge of agricultural businesses and operations, crop insurance and livestock industries and associated production practices.
• Expert knowledge of loan products, services, and credit operations.
• Expert understanding of credit processing and servicing activities, accounting principles and practices, credit analysis procedures, credit administration, monitoring and reporting.
• 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.
• Highly developed 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.
• Travel expected, may be required at times.
• Valid driver's license.

#IND100

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.