Credit Officer Risk

Compeer Financial; Compeer; Hybrid; CAD 118,000 - 153,000; Part time

Benefits offered by this job

Flexible schedules

401k contribution

Health, dental, and vision insurance

Vacation and paid time off

Learning and development programs

Short/long-term disability

Wellness program & EAP

Vacation & leave

Learning & development

Mentorship programs

Inclusion Council participation

Certification reimbursement

Job summary

A financial services firm is seeking a Credit Officer Risk to manage high risk asset portfolios. This entry-level role involves evaluating loan requests, analyzing financial data, and providing credit solutions. The ideal candidate will have a relevant degree and strong communication skills, with a focus on client relationships. The position is contract-based and hybrid, allowing for flexible work arrangements alongside benefits such as a 401k contribution and professional development programs.

Qualifications

• 1-4 years of experience in agriculture and business/finance.
• Solid knowledge of loan analysis and sound credit administration principles.
• Extensive Credit Underwriting experience.
• Ability to analyze information to form logical conclusions.
• Proficiency with Word/Excel/PowerPoint/Outlook.
• Solid knowledge of loan analysis and credit administration.
• Experience negotiating loan terms and collections.
• Knowledge of Borrower Rights and real estate marketing related to acquired property.
• Extensive credit underwriting experience.
• Basic accounting knowledge.
• Ability to network with agricultural influencers.

Responsibilities

• Manage and service high risk asset portfolios.
• Evaluate, underwrite, and make credit decisions.
• Analyze financial information for lending requests.
• Establish loan conditions and closing requirements.
• Support credit team with policies and procedures.
• Provide credit counseling and financial solutions for clients.
• Monitor portfolios and assist in servicing delinquent accounts.
• Lead or participate in asset-related projects across industry groups.

Skills

Communication skills

Analytical skills

Negotiation skills

Loan analysis

Problem-solving

Knowledge of Borrower Rights

Networking with agricultural experts

Education

Bachelor’s degree in agriculture, finance, accounting, or related field

Tools

Word

Excel

PowerPoint

Outlook

Job description

Apply for the Credit Officer Risk role at Compeer Financial.

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 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!

Contributions You Will Make

This position is responsible for the management and servicing of high risk asset portfolio’s across an assigned region or territory. Evaluates, underwrites and makes credit decisions for commercial, traditional, investor, and consumer loan requests originated by Compeer team members and decides if the characteristics of the credit package present an acceptable level of credit risk for the organization. Provides relationship based financial solutions for farmers, investors, and rural consumers in area of expertise within delegated authority. May be assigned a specific industry or subject matter on which to focus.

A Typical Day

Credit Analysis and Decision Making

• Analyzes financial and supporting information 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 required based on credit risk.
• Determines appropriate account classification and probability of default rating.
• Effectively communicates the 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 any credit related issues that arise during the processing, closing, and servicing of lending transactions.
• Serves as a resource to credit team members regarding policies, procedures, and credit related matters.

Credit Counseling

• Partners with team members to provide credit counsel and financial solution options for clients.
• Determines how to structure credits to meet internal lending requirements, client expectations, and the organization’s growth objectives.
• Meets with clients to provide quantitative assessments of financial performance in relation to internal lending standards.
• Monitors assigned credit leasing portfolio and assists Farm Credit Leasing Special Assets and Compeer Risk Asset units as required in servicing delinquent and stressed accounts.
• Establishes servicing plans and other monitoring requirements for financially stressed accounts.

Collection Services

• Conducts and participates in complex negotiations for collecting or correcting non-performing accounts.
• Approves or denies restructuring applications, standstill agreements and re-amortizations.
• Counsels and convinces clients to agree on a workable solution.
• Approves sending account to attorney to file litigation.
• Inspects security to determine condition and approves partial release of security.
• Discusses collection strategies with peers, legal counsel, and various research companies to develop the best collection strategy.
• Manages the collections of loans for contract entity by collecting loan payoffs and negotiating settlements.
• Manages legal activities related to strategy, litigation, proceedings and hearings.

Subject Matter Expert

• Acts as Compeer’s representative for activities and business transactions in assigned industry or line of business.
• Keeps knowledge up to date with industry trends and procedures.
• Attends off site training events to keep current as necessary.

Preferred Skills and Experience

• Bachelor’s degree in agriculture, finance, accounting, or related field; or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
• 1-4 years of experience in agriculture and business/finance.
• Oral and written communication skills sufficient to discuss a variety of job-related topics, and effectively communicate complex topics to a variety of audiences.
• Skill in analyzing information to formulate logical and objective conclusions.
• Skill in utilizing Word/Excel/PowerPoint/Outlook to increase efficiency and/or effectiveness.
• Skill in utilizing a systematic approach to problem solving.
• Solid knowledge of loan analysis and sound credit administration principles.
• Skill in negotiating acceptable and favorable terms and conditions related to loan collections.
• Solid knowledge of Borrower Rights related to loan servicing.
• Working knowledge of real estate marketing related to acquired property management.
• Extensive Credit Underwriting experience.
• Basic accounting knowledge.
• Ability to establish and maintain a network of internal and external agricultural influencers and professionals.

Compensation and Benefits

The role is eligible for variable compensation and other benefits. 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.

Seniority level: Entry level

Employment type: Contract

Job function: Finance and Sales