Compeer Financial

Financial Services

PrinCreditOfficerRisk

$119–203k Mankato, Minnesota, United States Remote Friendly
Market Sentiment
HIGH DEMAND

Neural analysis suggests this role is
optimal for Senior candidates.

The Brief

“Prin Credit Officer Risk at Compeer Financial. Skills: Credit Risk Management, Underwriting, Loan Portfolio Management. Manage and service complex high risk asset portfolios. Evaluate credit requests”

Industry & Context.

Financial Services
Problems you'll solve

Systematic approach to problem solving

What They're Looking For.

Must Have

Bachelor's degree in business administration, agricultural business, finance, accounting, or related or an equivalent combination of education and experience sufficient to perform the essential functions of the job, Minimum of 10 years of experience in Credit Analysis in a financial institution, Extensive Credit Underwriting experience, Basic accounting knowledge

Nice to Have

10 years of experience in Credit Analysis in a financial institution, preferred

What You'll Do.

Manage and service complex high risk asset portfolios

Evaluate credit requests

Underwrite credit requests

Make credit decisions for loan requests

Determine acceptable credit risk

Provide relationship based financial solutions

Analyze financial information for lending requests

Identify and collect required financial information

Approve credit decisions

Decline credit decisions

Escalate credit decisions

Determine level of analysis and due diligence

Determine account classification

Determine probability of default rating

Communicate credit decision

Establish loan conditions and closing requirements

Answer credit related questions

Provide direction on credit related issues

Manage complex accounts with higher volume

Provide credit counsel to clients

Provide financial solution options to clients

Structure credits to meet lending requirements

Structure credits to meet client expectations

Structure credits to meet growth objectives

Meet with clients to provide quantitative assessments

Establish servicing plans for stressed accounts

Establish monitoring requirements for stressed accounts

Compile information for monthly reporting

Compile information for quarterly reporting

Conduct negotiations for collecting non-performing accounts

Participate in negotiations for collecting non-performing accounts

Approve restructuring applications

Approve standstill agreements

Approve re-amortizations

Deny restructuring applications

Deny standstill agreements

Deny re-amortizations

Counsel clients on workable solutions

Convince clients to agree on workable solutions

Approve sending account to attorney

Inspect security to determine condition

Approve partial release of security

Discuss collection strategies with peers

Discuss collection strategies with legal counsel

Discuss collection strategies with research companies

Manage collections of loans for contract entity

Negotiate settlements

Manage legal activities related to strategy

Manage legal activities related to litigation

Manage legal activities related to proceedings

Manage legal activities related to hearings

Act as Compeer’s representative for assigned industry

Keep knowledge up to date with industry trends

Keep knowledge up to date with industry procedures

Attend off site training events

Provide mentorship to less experienced team members

How You'll Work.

Team & Collaboration

Cross-functional teams; Credit team members; Peers; Legal counsel; Research companies

Communication Scope

Oral communication; Written communication; Formal narrative write-up

Full Job Description

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 MN-Lakeville; MN-Waite Park, WI-Eau Claire; WI-Sun Prairie; or WI-Onalaska office. The contributions you will make: This position is responsible for the management and servicing of complex high risk asset portfolio’s 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 determines 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: Credit Analysis and Decision Making Analyzes complex 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. Determines appropriate level of analysis and due diligence required based on credit risk. Dete

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