What are the responsibilities and job description for the Senior Credit Risk Officer position at Korn Ferry Executive Search?
Korn Ferry is pleased to represent Federal Agricultural Mortgage Corporation (Farmer Mac) in this very important hire. This is a newly created role in support of the expansion of the company's Rural Infrastructure sector.
Farmer Mac is committed to building a strong and vital rural America by increasing the availability and affordability of credit to benefit American agriculture and rural communities. Farmer Mac provides access to low-cost capital for agricultural lenders and rural infrastructure cooperative lenders to manage interest rate, credit, and concentration risk. Farmer Mac has almost $30 billion in assets and nearly 200 full-time employees.
Purpose of The Position
Reporting to the Chief Credit Officer, the new Senior Credit Risk Officer (SCRO) will share responsibility for overseeing and approving credit for Farmer Mac's Rural Infrastructure segment.
Working within a collegiate, mission-oriented culture, the SCRO will shape culture and credit policy for telecommunications, renewable energy project finance (wind and solar), and rural utilities. This includes commercial and syndicated loans with market-based structures and covenant packages.
Key Responsibilities
The successful candidate's responsibilities will include, but not be limited to :
- Review and approve credit requests in Farmer Mac's Rural Infrastructure segment based on delegated lending authority.
- Provide guidance to underwriting team members on loan structure and overall acceptability of credit risk.
- Meaningfully influence credit committee decision-making based on experience and judgment in communication and renewable energy markets.
- Serve as a voting member on the Credit Approval Committee
- Contribute to developing and monitoring Farmer Mac's overall credit risk policies, guidelines, and risk appetite.
- Interact with regulators and internal and external auditors
Skills and Competencies :
Although the following list of skills may indicate you are a good fit for this role, these are not exhaustive or restrictive. If you feel your experience would make you a great fit, we welcome your interest.
Compensation : Up to $220,000
Korn Ferry shall provide equal employment opportunity to all qualified candidates, and will refer candidates without regard to race, color, religion, national origin, sex, age, disability, veteran status or any other legally protected basis.
Salary : $220,000
