What are the responsibilities and job description for the Credit Officer Risk position at Compeer Financial?
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
- Mentorship programs
- Cross-functional committee opportunities (i.e. Diversity & Inclusion Council, emerging professional groups, etc.)
- Professional membership/certification reimbursement and more!
To learn more about Compeer Financial visit www.compeer.com/careers. 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 open to any Compeer office location in Illinois, Minnesota and Wisconsin.
The contributions you will make:
This position is responsible for the management and servicing of high-risk asset portfolios across an assigned region or territory. Evaluates, underwrites and makes credit decisions for commercial, traditional, investor, and consumer loan requests originated by Compeer team members and decides if the characteristics of the credit package present an acceptable level of credit risk for the organization. Provides relationship based financial solutions for farmers, investors, and rural consumers in area of expertise within delegated authority. May be assigned a specific industry or subject matter on which to focus.
A typical day:
- Analyzes financial and supporting information submitted for formal and informal lending and servicing requests.
- Identifies, communicates, and assists in the collection of financial information required to process lending and servicing requests.
- Approves, declines, or escalates credit decision to higher authority levels as required.
- Effectively communicates the credit decision, terms, conditions, and findings through a formal narrative write-up.
- Establishes loan conditions and closing requirements for approved actions.
- Partners with team members to provide credit counsel and financial solution options for clients.
- Determines how to structure credits to meet internal lending requirements, client expectations, and the organizations growth objectives.
- Meets with clients to provide quantitative assessments of financial performance in relation to internal lending standards.
The skills and experience we prefer you have:
- Bachelor's degree in agriculture, finance, accounting, or related field; or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
- Experience in agriculture and business/finance.
- Oral and written communication skills sufficient to discuss a variety of job-related topics and effectively communicate complex topics to a variety of audiences.
- Skill in analyzing information to formulate logical and objective conclusions.
- Skill in utilizing Word/Excel/PowerPoint/Outlook to increase efficiency and/or effectiveness.
- Solid knowledge of loan analysis and sound credit administration principles.
- Skill in negotiating acceptable and favorable terms and conditions related to loan collections.
- Solid knowledge of Borrower Rights related to loan servicing.
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.
