Sr Credit Officer

Compeer Financial; Bloomington, Morton, Macomb (IL, IL, IL); Hybride; USD 94 000 - 128 000; Plein temps

Avantages offerts par ce poste

Medical, dental, vision insurance

401k match up to 9%

Hybrid work model

Paid time off (vacation/sick/holidays)

Professional development benefits

Résumé du poste

Compeer Financial is seeking a Credit Analyst to analyze new and existing credit requests and perform essential credit duties across livestock and crop loans nationwide. You will complete financial analysis, underwriting, and client consultations, ensuring adherence to credit quality targets.

The role involves regular client meetings, collaboration with Lending Specialists, and balancing credit risk with loan growth. Hybrid work option available, with base pay and benefits described above.

Qualifications

• Bachelor’s degree in ag business, finance, economics or related field.
• Minimum 7 years of experience in credit analysis in a financial institution, preferred.
• Knowledge of federal and state laws, regulations and compliance in the financial industry.
• Advanced knowledge of agricultural businesses and livestock/crop industries.
• Strong analytical, organizational and communication skills.

Responsabilités

• Analyzes complex financial data for formal and informal lending and servicing requests.
• Enters balance sheets and earnings statements; generates projections for analysis.
• Identifies and collects required financial information to process lending requests.
• Makes loan recommendations or approves under delegated authority.
• Constructs credit narratives for internal/external review; prepares credit packages.
• Interacts with Lending Specialists to structure new and existing client loans; supports loan processes.
• Monitors loan performance and conducts annual reviews; supports servicing plans for higher risk clients.

Connaissances

Credit analysis

Financial statements

Interpersonal skills

Analytical thinking

Time management

Formation

Bachelor’s degree in finance or related field

Outils

MS Office

CRM systems

Underwriting software

Description du poste

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 not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both 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 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
• Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

Where you will work: This position offers a hybrid work option up to 50% remote and is based out of the Bloomington, IL; Morton, IL; or Macomb, IL office locations.

The contributions you will make: This position analyzes new complex 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 industries livestock and crop producers throughout Compeer’s territory and the United States. Credit decisions are made based on targeted credit quality levels and volume/growth levels set by executive leadership. The incumbent approves or denies requests within their delegated authority with a majority of the time being spent on completing analysis for large, complex loans, and communicating with internal and external team members. Frequently meets with clients and Lending Specialists to discuss loan packages and provide financial counseling to clients. Visits clients regularly to view their operations.

A typical day:

Credit Analysis

• Analyzes complex financial and supporting documentation submitted for formal and informal lending and servicing requests.
• Enters balance sheets and earnings statements into spreading software. Generates post close balance sheets and projections for analysis.
• Identifies, communicates, and assists in the collection of financial information required to process lending and servicing requests.
• Makes recommendations and/or approves under delegated authority loans and establishes appropriate terms and structures to manage risk and maintain sound credit administration.
• Constructs credit narratives for internal and external review.
• Creates innovative credit packages to meet client needs. Provides financial solutions to ag-related loans.
• Works closely with Lending Specialists to appropriately structure new and existing client loans.
• Works closely with originating banks through the loan process to assist them with processes, credit related issues and loan structures for the livestock industry.
• Participates in client meetings with Lending Specialists to enhance client relationships.
• Works closely with Lending Specialists to assist in balancing credit risk with loan growth.
• Facilitates negotiation of credit agreements between Compeer, borrower, participants and outside counsel.
• Prepares and packages syndications and participations for sale.

Loan Servicing and Credit Administration

• Proactively monitors lending portfolio and loan performance for the organization and provides direction for loan classification. Completes annual reviews in a timely manner.
• Monitors interim financial reports, borrowing base certificates, compliance certificates, and other reports to monitor loan compliance.
• Works directly with sales team or with clients to develop a plan to cure loan delinquencies or other servicing requests.
• Monitors the performance of clients and works directly with Sales and Risk Asset Unit to develop and maintain servicing plans and other monitoring requirements for higher risk client relationships
• Provides guidance and is a resource for structuring credit packages.
• Services internal and external clients by supporting team members and processing loan requests, loan servicing requests, and other credit requests.
• Processes, underwrites and approves service requests on existing loans already booked.
• Responds timely to internal and external audit requests regarding designated account information.
• Continues to learn new processes and responsibilities for monitoring loans and performance.
• Works collaboratively with Financial Officers and other team members to implement Team Relationship Model approach with clients.
• Meets with clients to provide quantitative assessments of financial performance in relation to Compeer credit standards and industry norms.
• Assists clients in gaining a better understanding of their financial position and set goals for the future.

Internal Projects

• Works on special projects including new loan programs and internal process evaluation.
• Participates in ongoing special projects to improve service to the client as well as credit administration.

Industry Knowledge

• Serves as a resource/mentor to lending and team members in training regarding financial information, policies, procedures, and credit related matters.
• Works closely with credit and sales leaders to determine appropriate training opportunities.
• Builds and maintains knowledge and skills as an industry resource by continuing to attend meetings, seminars, conferences and tradeshows for industries financed by the bank.
• Participates in industry updates and webinars to stay up-to-date on market changes and other industry news.
• Visits larger site operations to complete management assessments to better understand their set-up.

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 7 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.
• Advanced knowledge of agricultural businesses and operations, crop insurance and livestock industries and associated production practices.
• Thorough knowledge of loan products, services and credit operations.
• In-depth understanding of credit processing and servicing activities, accounting principles and practices, credit analysis, credit administration, monitoring and portfolio management.
• 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.
• Strong analytical skills with attention to detail.
• Flexible and adaptable to changing situations.
• Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
• Valid driver’s license.

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.

Base Pay

$94,400 - $127,700 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.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

As set forth in Compeer Financial’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A \"disabled veteran\" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A \"recently separated veteran\" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An \"active duty wartime or campaign badge veteran\" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An \"Armed forces service medal veteran\" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.