Vice President, Risk Asset Unit

Farm Credit Illinois; Mahomet (IL); On-site; USD 180,000 - 240,000; Full time

Job summary

Farm Credit Illinois seeks a Vice President, Risk Asset Unit to lead high‑risk asset management, portfolio risk monitoring, and distressed asset administration. You will guide a team focused on difficult borrower relationships, preserving portfolio quality, and minimizing credit losses while advancing risk management practices.

This executive role requires sophisticated credit expertise, strong leadership, and the ability to translate data into strategic actions for governance, regulatory

Qualifications

• Bachelors degree in economics, business, finance, or agriculture.
• Minimum of 7 years in agribusiness, credit analysis, or sales.
• Minimum of 5 years of supervisory experience leading and developing teams.

Responsibilities

• Lead high-risk asset management and portfolio risk monitoring.
• Provide strategic oversight of distressed and high-risk borrower relationships.
• Monitor delinquency trends and credit deterioration indicators.
• Advise executive leadership on portfolio performance and risk priorities.
• Provide advanced credit expertise on complex transactions and risk ratings.
• Oversee portfolio risk reporting, regulatory examinations, and audit responses.
• Drive process improvements for risk identification and governance.

Skills

Credit management

Leadership

Analytical thinking

Stakeholder management

Data-driven decisions

Education

Bachelor's degree in Economics/Business/Finance/Agriculture

Job description

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/13661862

The Role

Vice President, Risk Asset Unit provides strategic leadership and oversight of the Associations high-risk asset management, portfolio risk monitoring, and problem asset administration functions. This role leads a team focused on serving financially stressed borrower relationships, preserving portfolio quality, minimizing credit losses, and supporting sound risk management practices that protect Association capital and advance the Farm Credit mission.

What You Will Contribute

• Lead and develop the Risk Asset Unit by coaching, mentoring, and managing team members while fostering a culture of accountability, collaboration, and continuous improvement.
• Provide strategic oversight of distressed, delinquent, and high-risk borrower relationships, including workout strategies, restructures, collections, recovery efforts, bankruptcies, foreclosures, and litigation matters.
• Monitor portfolio quality and emerging credit risks by analyzing delinquency trends, classified assets, nonaccrual loans, and other indicators of credit deterioration while recommending risk mitigation strategies.
• Serve as a trusted advisor to executive leadership by providing insights on portfolio performance, adverse asset trends, regulatory matters, and credit risk management priorities.
• Provide advanced credit expertise and coaching on complex transactions, underwriting strategies, risk ratings, loan structures, collateral evaluation, loan servicing plans, and troubled credit administration.
• Lead reporting, analytics, and compliance activities by overseeing portfolio risk reporting, regulatory examinations, audit responses, policy development, and credit administration standards.
• Drive strategic initiatives and process improvements that strengthen risk identification, borrower rehabilitation, recovery efforts, portfolio performance, governance, and data-driven decision making.

What We Are Looking For

Required Skills

• Strong knowledge of business development, credit extension, credit administration, portfolio management, and risk management practices.
• Proven leadership skills with the ability to recruit, develop, coach, motivate, and lead high-performing teams.
• Strategic thinking and analytical abilities to evaluate complex business and credit issues, identify key risks, and make sound decisions in a dynamic environment.
• Excellent relationship-building, communication, and collaboration skills with the ability to influence and work effectively with internal and external stakeholders.
• Strong problem-solving and decision-making skills with the ability to leverage data, exercise sound judgment, and balance strategic priorities with organizational objectives.

Minimum Qualifications

• Bachelors degree in economics, business, finance, or agriculture.
• Minimum of 7 years of experience in agribusiness, credit analysis, or sales.
• Minimum of 5 years of supervisory experience leading and developing teams.

or an equivalent combination of education and experience sufficient to perform the essential functions of the role.