Asset and Credit Operations Examiner II

CoBank; United States; Hybrid; USD 110,000 - 135,000; Full time

Benefits offered by this job

Hybrid work model

Medical, Dental and Vision coverage

Tuition reimbursement

401k matching

Student Loan Match

CoBank University

Job summary

CoBank seeks a seasoned credit risk professional to conduct credit quality, administration and operational reviews across loan portfolios. As Examiner-in-Charge, you will plan review activity, coordinate with internal teams and external examiners, and prepare professional reports for senior management and regulators.

You will analyze financial statements, credit narratives and documentation to identify risks, recommend improvements, and support risk management decisions within a hybrid work

Qualifications

• Bachelor's Degree required.
• 7+ years in credit and lending, or 4+ years in credit administration examination.

Responsibilities

• Conducts credit quality, administration and operational reviews for loan portfolios.
• Acts as Examiner-in-Charge, developing review activity plans and coordinating with internal/external auditors.
• Summarizes findings and presents to senior management and regulators.

Skills

Credit analysis

Loan review

Risk management

Education

Bachelor's Degree

Job description

Benefits Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best!

Benefits Offered by CoBank

• Careers with a purpose
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

Conducts credit quality, credit administration and credit operational reviews within the Bank, District Associations, and other financial companies as required. Serves as the Examiner-in-Charge for a diverse assignment of loan portfolios, with responsibility for developing loan review activity plans, coordinating and overseeing review activity, and preparing professional reports for distribution to senior management. Identifies specific and general areas of concern as well as recommends process and credit administration enhancements based on the results of review activity. Analyzes financial statements, credit narratives, spreadsheets, and supporting loan and legal documentation in order to fully analyze, report, and make recommendations during the course of a review. Assists both the internal and external audit and review functions with credit-related programs and activities. Coordinates review activity with other areas within the Risk Management Group and with outside contract examiners as applicable, and serves as an official liaison for the Asset Review division when conducting review activity.

Essential Functions

• Identifies and completes continued education requirements, in line with Asset Review guidelines, as well as specific training opportunities developing leadership skills or specific credit expertise.
• Leads the initial risk assessment activity for loan portfolios within the Bank and at District Associations including, but not limited to, summarizing key risk factors from the review of regulatory and portfolio reporting as well as identifying key control areas to be tested during review activity.
• Schedules and coordinates review activity as the Examiner-in-Charge for assigned portfolios with the Bank and within District Associations as well as other finance companies as applicable. Ensures that activities meet the timeliness objectives of Asset Review guidelines, while managing the relationship to ensure minimum disruption to business operations.
• Conducts ongoing credit, credit operations and documentation reviews for all portfolios covered by the Asset Review division to ensure completion of the annual Asset Review plan, as developed by the VP of Asset Review. Review activities include an assessment of promissory notes pledged as collateral to ensure that notes are appropriately reported for quality and meet the underwriting standards and servicing requirements specified in the loan agreements.
• Assures development of a coordinated and complete set of work-papers, documenting the results of the analysis of reviewed portfolios according to Asset Review guidelines.
• Serves as the Examiner-in-Charge for assigned portfolios including, but not limited to, the development of review activity plans, coordination of credit and operations reviews, performing quality control assessments on review activity, and reporting material findings.
• Summarizes findings related to credit classification and administration, and capital and loan loss provision adequacy for presentation to Bank senior management, District Association management, boards of directors and regulatory agencies.
• Prepares trip reports on activities reviewed for submission to management.
• Participates in Asset Review planning and budgeting activities.
• Shares knowledge of established review programs to team members and the Risk Management Group, as applicable, to ensure consistent application of risk rating and performance classification methodology.
• Provides consultative services to District Association customers on control and credit activities as well as lending and administrative guideline development on a periodic basis, as requested.

Education

• Bachelor's Degree required

Work Experience

• 7 years of experience in credit and lending, with significant exposure and knowledge of credits similar to the Bank’s portfolio, preferably in agribusiness; or four or more years in credit administration examination activities, preferably of credits similar to the Bank’s portfolio or in the agribusiness area. required

Physical Exertion Details

Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Travel Requirement Details

25-35% Travel occurs (typically, 1 week a month or 12 weeks per year)

About CoBank

The base pay range for this role is between $110,000 - $135,300. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance. The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing [e-mail]. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.