Credit Officer RAU
Compeer Financial, Lakeville, MN, United States
Locations:
MN-Mankato; MN-Lakeville; IL-Bloomington; WI-Sun Prairie; Open to Any Compeer Office Location.
Empowered to live. Inspired to work. 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 promotes meaningful work, professional development, a flexible hybrid work environment and excellent benefits, empowering you to thrive personally and professionally.
How we support you:
Hybrid model – up to 50% work from home
Flexible schedules including ample flexibility in the summer months
Up to 9% towards 401(k) (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
Cross‑functional committee opportunities (e.g., Inclusion Council, emerging professional groups)
Professional membership/certification reimbursement and more!
Casual/seasonal & intern team members are not eligible for benefits except for state‑mandated programs.
This position analyzes credit requests, completes loan servicing decisions for existing clients, and performs other essential credit duties. The incumbent primarily focuses on high‑risk asset portfolios, completing financial analysis and underwriting on a variety of industries across the United States. Credit decisions are made consistently with established policies, procedures and best practices, approving or denying requests within delegated authority while spending the majority of time on loan analysis and communicating decisions to internal and external stakeholders. The role works with clients, Credit Officers, Risk and Financial Officers to discuss loan packages, provides financial counseling, visits clients as needed, and may focus on a specific industry or subject area.
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 required.
Determines appropriate level of analysis and due diligence 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.
Answers questions and provides direction on credit‑related issues during processing, closing, and servicing of transactions.
Loan Servicing and Credit Administration
Proactively monitors lending portfolio and loan performance, providing direction for loan classification.
Works directly with sales team or clients to develop a plan to cure loan delinquencies or other servicing requests.
Assists in monitoring interim financial reports, borrowing base certificates, compliance certificates, and other reports to monitor loan compliance.
Client Relations and Collection Services
Works jointly with Financial Officers, Credit Officers, Risk and other team members to implement a Team Relationship Model approach with clients when appropriate.
Collaborates on the approval or denial of restructuring applications, standstill agreements and re‑amortizations.
Meetings with clients to provide quantitative assessments of financial performance relative to Compeer credit standards and industry norms.
Industry Knowledge
Responsible for keeping knowledge up to date with industry trends and procedures.
Builds and maintains knowledge and skills within industries served by Compeer through industry publications, internal guidance, trainings, and conferences.
The skills and experience we prefer you have:
Bachelor’s degree in Ag business, finance, economics or related field, or equivalent education and experience sufficient to perform the essential functions.
1+ years or less of experience in a financial institution, preferred.
Knowledge of federal and state (Illinois, Minnesota, Wisconsin) laws, regulations and compliance requirements specific to the financial industry and Farm Credit.
Basic to solid knowledge of agricultural businesses and operations, crop insurance and livestock industries and associated production practices.
Basic to solid knowledge of loan products, services, and credit operations.
Basic to solid understanding of credit processing and servicing activities, accounting principles and practices, credit analysis procedures, credit administration, monitoring and reporting.
Basic to solid interpersonal, collaboration, communication, team building, problem‑solving, analytical, organizational and time‑management skills.
Solid computer skills, including MS Office, CRM programs, internal underwriting and database systems.
Basic to solid decision‑making, negotiating and influencing skills.
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 depends on 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.
Base Pay:
$64,300 - $102,200 USD
Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
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.
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MN-Mankato; MN-Lakeville; IL-Bloomington; WI-Sun Prairie; Open to Any Compeer Office Location.
Empowered to live. Inspired to work. 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 promotes meaningful work, professional development, a flexible hybrid work environment and excellent benefits, empowering you to thrive personally and professionally.
How we support you:
Hybrid model – up to 50% work from home
Flexible schedules including ample flexibility in the summer months
Up to 9% towards 401(k) (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
Cross‑functional committee opportunities (e.g., Inclusion Council, emerging professional groups)
Professional membership/certification reimbursement and more!
Casual/seasonal & intern team members are not eligible for benefits except for state‑mandated programs.
This position analyzes credit requests, completes loan servicing decisions for existing clients, and performs other essential credit duties. The incumbent primarily focuses on high‑risk asset portfolios, completing financial analysis and underwriting on a variety of industries across the United States. Credit decisions are made consistently with established policies, procedures and best practices, approving or denying requests within delegated authority while spending the majority of time on loan analysis and communicating decisions to internal and external stakeholders. The role works with clients, Credit Officers, Risk and Financial Officers to discuss loan packages, provides financial counseling, visits clients as needed, and may focus on a specific industry or subject area.
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 required.
Determines appropriate level of analysis and due diligence 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.
Answers questions and provides direction on credit‑related issues during processing, closing, and servicing of transactions.
Loan Servicing and Credit Administration
Proactively monitors lending portfolio and loan performance, providing direction for loan classification.
Works directly with sales team or clients to develop a plan to cure loan delinquencies or other servicing requests.
Assists in monitoring interim financial reports, borrowing base certificates, compliance certificates, and other reports to monitor loan compliance.
Client Relations and Collection Services
Works jointly with Financial Officers, Credit Officers, Risk and other team members to implement a Team Relationship Model approach with clients when appropriate.
Collaborates on the approval or denial of restructuring applications, standstill agreements and re‑amortizations.
Meetings with clients to provide quantitative assessments of financial performance relative to Compeer credit standards and industry norms.
Industry Knowledge
Responsible for keeping knowledge up to date with industry trends and procedures.
Builds and maintains knowledge and skills within industries served by Compeer through industry publications, internal guidance, trainings, and conferences.
The skills and experience we prefer you have:
Bachelor’s degree in Ag business, finance, economics or related field, or equivalent education and experience sufficient to perform the essential functions.
1+ years or less of experience in a financial institution, preferred.
Knowledge of federal and state (Illinois, Minnesota, Wisconsin) laws, regulations and compliance requirements specific to the financial industry and Farm Credit.
Basic to solid knowledge of agricultural businesses and operations, crop insurance and livestock industries and associated production practices.
Basic to solid knowledge of loan products, services, and credit operations.
Basic to solid understanding of credit processing and servicing activities, accounting principles and practices, credit analysis procedures, credit administration, monitoring and reporting.
Basic to solid interpersonal, collaboration, communication, team building, problem‑solving, analytical, organizational and time‑management skills.
Solid computer skills, including MS Office, CRM programs, internal underwriting and database systems.
Basic to solid decision‑making, negotiating and influencing skills.
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 depends on 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.
Base Pay:
$64,300 - $102,200 USD
Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
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.
#J-18808-Ljbffr