What are the responsibilities and job description for the Credit Analyst position at CoBank?
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. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!
Remarkable Benefits Offered By CoBank
Job Description
Become part of the team to service the Louisville Regional Agribusiness portfolio! Credit Professionals play a crucial role in executing CoBank’s mission to serve as a dependable provider of credit to agriculture and rural infrastructure businesses. If you are a driven self-starter, this position will allow you to grow and build a career in credit in a team focused environment. The Credit Professional career opportunity will provide broad exposure to the diverse and dynamic industries in the Midwest and Eastern regions.
A Credit Analyst will prepare analyses and conduct credit investigations of routine credits in accordance with prescribed methods and procedures. They prepares and/or assist in the preparation of credit reports for appropriate staff or committees. A Credit Analyst will co-sponsor or approve credits within prescribed credit limits. They assist with account servicing, credit administration, and documentation and provide support with research and statistical analyses.
Essential Functions
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
Occasional Travel occurs infrequently (typically, twice a month or less).
About CoBank
The typical base pay range for this role is between $65,500 - $74,940. 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 recruiting@cobank.com. 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.
A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!
Remarkable Benefits Offered By CoBank
- Careers with a purpose. Stand for something!
- 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 up to $10K
- Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
- Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
- Associate Resource Groups: creating a culture of diversity and inclusion
- Recognize a fellow associate through our GEM awards
Job Description
Become part of the team to service the Louisville Regional Agribusiness portfolio! Credit Professionals play a crucial role in executing CoBank’s mission to serve as a dependable provider of credit to agriculture and rural infrastructure businesses. If you are a driven self-starter, this position will allow you to grow and build a career in credit in a team focused environment. The Credit Professional career opportunity will provide broad exposure to the diverse and dynamic industries in the Midwest and Eastern regions.
A Credit Analyst will prepare analyses and conduct credit investigations of routine credits in accordance with prescribed methods and procedures. They prepares and/or assist in the preparation of credit reports for appropriate staff or committees. A Credit Analyst will co-sponsor or approve credits within prescribed credit limits. They assist with account servicing, credit administration, and documentation and provide support with research and statistical analyses.
Essential Functions
- Develop credit information for use by appropriate staff and committees in making decisions about credit arrangements for new, renewal, or extension loans. Co-sponsor or approve credit requests within prescribed limits.
- Review all pertinent credit and financial information and determines the need for more thorough investigation or additional information. Analyze information statements and related material and prepares thorough, well-written, and clear credit reports.
- Prepare summaries, present facts, and offers opinions concerning credit-worthiness. Understand and follow bank guidelines, policies, and procedures for the preparation and presentation of credit information.
- Assist with credit administration, account servicing, development, packaging, closing, documentation, and monitoring.
- Maintain control over current accounts, monitoring for payment progress and any developing problems. Provide relevant and timely information to internal stakeholders including account officers, relationship managers, and credit managers.
- Assist in the preparation of internal research and analysis, provides statistical reports, and verifies information. Prepare and delivers presentations on topics as assigned.
- Develop and utilize computerized spreadsheets, programs, and other automated tools for credit analysis, special projects, or presentations.
- Maintain expertise in assigned industries or market sectors. Keep abreast of industry trends and competitive environment.
- Bachelor's Degree in business, finance, or relevant discipline
- 1 year in credit/finance, preferably in banking or financial services industry required
- Basic knowledge of financial analysis, including cash flow analysis, balance sheet analysis, profitability, liquidity, and solvency analysis required
- Intermediate knowledge of financial modeling techniques and preparation of pro forma financial statements required
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
Occasional Travel occurs infrequently (typically, twice a month or less).
About CoBank
The typical base pay range for this role is between $65,500 - $74,940. 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 recruiting@cobank.com. 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.
Salary : $65,500 - $74,940
