Senior Vice President Credit (onsite/hybrid)

Position Overview

The Senior Vice President (SVP) Credit ensures AgriBank provides sound, constructive and profitable credit and financially related services. Under direction of the Chief Credit Officer (CCO), the SVP Credit oversees commercial lending function, providing guidance, establishing risk appetite, monitoring performance, provides leadership and direction for the Asset Pool Portfolio (including new pool programs and administration of existing pools), establishes and recommends for loan committee approval borrower exposure (at AgriBank and District levels), counterparty and industry limits, and oversees all credit and portfolio administration and management reporting activities in support of Credit department functions.

Job Functions Include:

Supervision

• Provides management, direction, and leadership to assigned functions within the Portfolio Management Team
• Primarily through the incumbent’s direct reports, selects, develops, motivates and evaluates the performance of a diverse team
• Allocates resources in order to achieve department goals
• Establishes internal processes and procedures
• On an ongoing basis, monitors performance to goals and takes action to help ensure that goals are achieved
• Determines division of responsibilities and provides work guidance and direction
• Provides coaching and feedback relative to skills development of direct and indirect reports
• Develops and monitors the budget and other financial metrics for assigned areas of the Credit Department

Credit Leadership

• Leads the development and maintenance of Asset Pool program (5 distinct programs totaling $20 billion), including the development of new solutions, relationship with Association sponsors, and ongoing pool performance monitoring.
• Establishes and recommends for Loan Committee approval borrower hold limits, industry limits and other portfolio limits and oversees the monitoring and reporting of these limits to management and Board.
• Delegate or retain asset pool responsibilities as appropriate within the Lending Programs team
• Ensure regulatory required supervisory activities are carried out effectively and efficiently (Excess and Official Prior Approvals)
• Makes loan and other credit-related decisions on lending, as allowed under delegated authorities, to associations, loan participations, and other lending programs
• Informs the AgriBank Board of Directors, the AgriBank Chief Executive Officer and Chief Credit Officer, and other executive management of credit direction, issues and retail loan trends
• Provides management direction to other areas of the Credit group as assigned (i.e. insurance operations and Ag Risk Management group)

Credit Administration Management

• Serves as Vice Chair of loan committee and has delegated loan authorities established by the Chief Credit Officer
• Manages, primarily through subordinate managers, the Bank credit reporting activities related to supporting all credit functions (wholesale loans, loan participations, other financial institutions (OFI’s), and other lending programs)
• Guides credit reporting team to enhance management and board reports
• Develops and maintains credit and appraisal policies, standards and practices which ensure effective credit decision-making, loan servicing and monitoring and overall portfolio management within AgriBank and the District associations
• Works with VP Wholesale Lending and VP Lending Programs to ensure credit administration, board reporting and credit portfolio reporting are effectively supporting all credit functions

System Leadership

• Participates in and provides leadership through System committees consistent with the direction provided by AgriBank Chief Credit Officer

Strategic Leadership

• Participates in making strategic decisions and setting the strategic direction for AgriBank as designated

* This job description is subject to change without notice.

Education and Experience

• Bachelor’s degree in business, economics, finance, agribusiness or related field
• 15 years of related experience
• 10 years of supervisory experience
• Or an equivalent combination of education and experience sufficient to perform the essential functions of the job

Knowledge

• Advanced knowledge of complex loan structuring
• Advanced knowledge of agricultural industry and industry lending practices
• Advanced knowledge of syndications
• Advanced experience in credit analysis and administration
• Advanced knowledge of accounting principles, applicable laws, statues, regulations, bankruptcy code and legal concepts and terminology used in multi-lender and capital markets lending/lending strategy
• Advanced knowledge of micro- and macro-economic theory both domestic and international and their practical impact on borrowers
• Advanced knowledge of relationship management concepts

Skills

• Expert skill in credit analysis and loan structuring
• Expert skill in credit administration
• Expert customer service skills, including the ability to communicate complicated information, deliver bad news effectively, and exceed customer expectations
• Expert skill in thinking strategically and setting organizational and operational direction leading to positive business outcomes
• Expert knowledge of agricultural industry and industry lending practices
• Skill in analyzing complex technical data by using logic and quantitative reasoning
• Skill in establishing and maintaining relationships with a variety of internal and external organizations and individuals to advance the organization's interests and increase personal efficacy
• Skill in selecting, managing, coaching, motivating and developing a diverse credit team
• Skill in analyzing, integrating and documenting the business needs of multiple stakeholders
• Skill in negotiating highly complex agreements to achieve the best outcome for the organization
• Skill in setting priorities to reflect the importance of job responsibilities
• Skill in utilizing time in an efficient and effective manner

Physical Requirements

• Prolonged periods sitting at a desk and working on a computer
• Must be able to lift up to 15 pounds at times

The AgriBank Advantage

You are the key differentiator in the marketplace and ultimately the most important factor in helping us fulfill our mission to support those who feed the world. We are committed to providing you with a competitive compensation and benefits package — your total rewards for making significant contributions to our business and making a difference on behalf of those we serve.

The typical base range for this role is between $240,000-$390,000. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. The position is eligible for a discretionary annual incentive program driven by organization and individual performance.

Benefits

AgriBank benefits provide safety, security, and peace of mind for you and your family. Through comprehensive Total Rewards, access to financial tools and support, and personal services, our benefits demonstrate that employees’ health and financial well-being are of primary importance. Wherever you are on life’s continuum or what life transition you experience, our benefits support your health care needs and guide you along the path to retirement.

Collaboration and Staying Connected

• Beautiful office overlooking many of St. Paul’s landmarks, with exceptional space to collaborate with your colleagues and friends
• Monthly employee activities to keep groups connected and have fun!
• Annual Employee Appreciation Event
• Multiple recognition programs to celebrate each other’s success

Work and Life

• Paid time off
• Company holidays
• Floating holidays
• Sick time
• Right Work/Right Place hybrid work program
• Dress for Your Day flexible wardrobe policy
• Generous company match on employee donations

Growth and Development

• Employee and leader career development toolkits
• Tuition reimbursement
• Internal and external resources and opportunities to grow personally and professionally

Health, Wellness and Investment/Retirement

• Health care plan alternatives to fit your lifestyle, including:
• Health Savings Account (HSA) and Flexible Spending Account (FSA)
• Dental
• Vision
• Wellness reimbursement
• Investment and retirement planning
• Saving today for tomorrow is one of the smartest moves you can make. That’s why AgriBank offers you a generous, competitive and flexible 401(k) plan for your financial well-being:
• Fixed Employer Contribution = 3 percent
• PLUS, Employer Matching Contribution = $1 for $1 match (vested fully after 4 years) on the first 6 percent of eligible compensation you save
• Life and disability insurance plans for eligible team members and their families
• Free exercise facility onsite for all employees
• Parking and transportation discounts
• Generous employee referral incentive

Join the dedicated professionals at AgriBank and put your skills to work ensuring farmers and rural communities have the innovative financial solutions they need to feed our neighbors and the world.

AgriBank will not sponsor a work visa (e.g., H1B, etc.) to fill this position.

Applicants requiring a reasonable accommodation for any part of the application process may contact us through the following methods: Phone: 651-282-8787 or Mail: AgriBank, Attn: Talent Recruiting, 30 E 7th Street, Suite 1600, St. Paul, MN 55101.

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification form upon hire.

AgriBank FCB is an Equal Opportunity Employer (M/W/D/V) 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, gender, age, religion, national origin, handicapped status, veteran status, public assistance status or other condition or status prohibited by law.