Lending Associate

The Farm Credit System; Pauls Valley (OK); On-site; USD 40,000 - 60,000; Full time

Benefits offered by this job

401(k) with company match

Paid vacation and holidays

Sick leave

Medical, dental, vision insurance

Flexible Spending and Health Savings

Job summary

Oklahoma AgCredit in Pauls Valley is seeking a Lending Associate to gain hands-on experience in credit analysis, loan servicing, customer support, and agricultural lending. You will work with lenders and customers in the region to build credit, servicing, relationships, and business development skills essential for a successful lending career.

The role offers developmental training through the Lending Associate Development Program and mentoring from experienced Agricultural Lenders, with

Qualifications

• Bachelor’s degree or equivalent experience required to perform essential functions.
• Knowledge of agriculture industry and agricultural economics beneficial.
• Familiarity with accounting and finance principles.
• Strong analytical and problem-solving abilities.
• Excellent written and verbal communication skills.

Responsibilities

• Assist with credit analysis and underwriting support as knowledge grows.
• Analyze financial statements, tax returns, balance sheets, and cash flow projections.
• Support loan servicing actions and maintain loan documentation.
• Participate in customer visits and business development activities.
• Coordinate with lenders, credit team, and customers to finalize credit requests.
• Maintain accurate borrower records and reports.

Skills

Analytical skills

Communication

Teamwork

Financial statement analysis

Reading income statements

Problem solving

Education

Bachelor’s degree in Agricultural Economics or related field

Tools

Word/Excel/PowerPoint/Outlook

Job description

Location: Pauls Valley, Oklahoma

Hours: M – F (8am to 4:30pm)

Position Summary:

The Lending Associate is a developmental position designed to prepare future Agricultural Lenders through hands-on experience in credit analysis, loan servicing, customer support, and agricultural lending. The position supports lenders and customers throughout the assigned region while developing the credit, servicing, relationship management, and business development skills necessary for a successful lending career.

Position Responsibilities

Credit Analysis and Underwriting Support

• Performs credit analysis and underwriting support activities while progressively developing the knowledge and skills necessary to evaluate increasingly complex agricultural lending relationships.
• Analyzes financial statements, tax returns, balance sheets, cash flow projections, and other financial information.
• Assists Agricultural Lenders and Credit Team Members in the preparation of credit requests, recommendations, and supporting documentation.
• Develops knowledge of loan structuring, collateral evaluation, risk assessment, and Oklahoma AgCredit’s credit philosophy.

Loan Servicing and Portfolio Support

• Assists with servicing actions including Additional Advances, Annual Loan Reviews, Renewals, Extensions, Conversions, Assumptions, Partial Releases, and Collateral Substitutions.
• Assists in the preparation, analysis, monitoring, and updating of Loan Position Reports (LPRs) and Borrowing Bases.
• Assists with preparation and updating of Personal Property Valuations (PPVs).
• Gathers and updates borrower financial information.
• Assists with covenant monitoring and documentation requirements.
• Coordinates servicing requests with Agricultural Lenders, Lending Specialists, Credit Team Members, and customers.
• Maintains accurate loan documentation and customer records.

Customer Development and Business Exposure

• Participates in customer visits, farm calls, and business development activities with Agricultural Lenders.
• Assists with maintaining and strengthening customer relationships.
• Develops knowledge of Oklahoma AgCredit products and services
• Participates in agricultural, community, customer, and industry events.
• Develops an understanding of production agriculture and regional agricultural markets.

Professional Development and Training

• Participates in Oklahoma AgCredit’s Lending Associate Development Program.
• Receives mentoring and coaching from experienced Agricultural Lenders.
• Develops leadership, communication, analytical, and problem-solving skills.
• Completes internal and external training programs.
• Develops knowledge of Oklahoma AgCredit systems, policies, procedures, and operational requirements.

Continuing Education

• Attends internal and external training programs and conferences.
• Reviews credit-related policies and procedures in PolicyTech.
• Completes required regulatory, compliance, and organizational training requirements.
• Pursues professional development opportunities related to agricultural lending and finance.

Minimum Qualifications

• Bachelor’s degree in Agricultural Business, Agricultural Economics, Agribusiness, Finance, Accounting, Business Administration, Agricultural Education, or experience equivalent to perform the essential functions of the position.
• Or an equivalent combination of education and experience sufficient to perform the essential functions of the job.

Knowledge And Skills Required

• Knowledge of Word/Excel/PowerPoint/Outlook sufficient to create, update and save a variety of documents
• General knowledge and understanding of agriculture industry
• General knowledge of agricultural economics and agricultural business operations
• General knowledge of accounting and finance principles
• Skill in analyzing information to formulate logical and objective conclusions
• Skill in reading and understanding income statements, balance sheets, and other financial reports
• Skill in utilizing a systematic approach to problem solving
• Skill in gathering, compiling and organizing information
• Skill in interacting and working effectively with others
• Skill in proofreading and editing documents
• Oral and written communication skills, sufficient to exchange information effectively with peers, supervisor and customers

Oklahoma AgCredit offers a competitive compensation and benefits package, including:

• Competitive base pay with an incentive plan
• 401(k) Contribution 3%, Match 6%
• Paid Vacation (15 days), Sick Leave (15 days) and Holidays (12 days)
• Excellent medical, Dental, Vision, Life Insurance
• Flexible Spending and Health Savings Accounts
• Wellness program activities and rewards
• Customer-Centric Environment
• Opportunity to Give Back to Agriculture

Oklahoma AgCredit is an Equal Opportunity Employer dedicated to diversity in the workplace and offers a great work environment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age (40 or older), disability, genetic information or protected veteran status. Employment with Oklahoma AgCredit is “at-will” which means either you, or the Association, may terminate your employment at any time, with or without cause, for any reason not prohibited by law, and with or without advance notice.