What are the responsibilities and job description for the Credit Analyst position at Farm Credit Network?
Employing Unit: Colonial Farm Credit
Position Title: Credit Analyst
Salary: Commensurate with experience and qualifications plus superb benefits package provided to all employees including up to 9% 401k contributions and profit sharing program
Position Summary:
Colonial Farm Credit is an agricultural credit cooperative and provides loans for:
Position Title: Credit Analyst
Salary: Commensurate with experience and qualifications plus superb benefits package provided to all employees including up to 9% 401k contributions and profit sharing program
Position Summary:
Colonial Farm Credit is an agricultural credit cooperative and provides loans for:
- Production capital for full-time and part-time farmers
- The Forest products industry
- Ag-related businesses
- Farms and country homes
- Land purchases, home construction, and improvements
- Buildings, machinery, livestock, and equipment
- gathering, analyzing, and reconciling credit and financial data for all types of commercial credits (mid-size, large, and complex forest products industry and agricultural loans) using the five credit factors under the guidelines of differential analysis
- preparing all loan documents associated with the analysis of the assigned credit including loan agreements when necessary and drafting loan analyses explaining loan purpose, structure, risk, controls, etc.
- making recommendations on which the delegated authority will base its decision for loan approval
- making recommendations of rates, terms, security, and loan controls that are necessary for maintaining an acceptable credit risk
- developing loan-servicing plans for monitoring credit
Education and Experience:
Required:
o work under limited supervision and in compliance with established policies, procedures and regulations
o be assertive and decisive in arriving at sound business decisions
o effectively handle multiple tasks and work independently
o wor k in a team atmosphere
o exercise discretion, independent judgment, initiative, and creativity
Required:
- Bachelor’s degree in agricultural economics, finance, business administration, or economics
- General understanding of farm business management, finance, and macroeconomics
- Strong analysis, judgment, communication (oral and written), and organizational skills
- Computer experience with intermediate skills in Microsoft Outlook, Word, and Excel to carry out the essential responsibilities of this position
- In-depth knowledge and skill in risk analysis, loan administration, and loan servicing
- Ability to:
o work under limited supervision and in compliance with established policies, procedures and regulations
o be assertive and decisive in arriving at sound business decisions
o effectively handle multiple tasks and work independently
o wor k in a team atmosphere
o exercise discretion, independent judgment, initiative, and creativity
- Acceptable background reports (credit, criminal, driving, and drug)
Preferred (and beneficial to successful applicant):
- Three (3) years or more of employment experience gained through credit positions
- Awareness of current economic developments and production technology affecting agriculture and the forest products industry in the region
- Knowledge of farm and or forest products industry production methods and products
Location: Administrative Office, 7104 Mechanicsville Turnpike, Mechanicsville VA 23111 (negotiable; any Association office within close proximity to successful candidate’s residence and based on space availability within other offices)
Supervisor: Corey Robinson, Senior Relationship Manager
Applications Accepted Through: Thursday, April 11, 2024
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