Credit Officer

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.

• 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. Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

To learn more about Compeer Financial

This position offers a hybrid work option up to 50% remote and is based out of the MN-Lakeville, MN-Rochester, IL-Bloomington, or WI-Sun Prairie office locations.

Review complex loan requests that are submitted to the Credit Compeer Home team and document the appropriate level of analysis required to make a credit decision. Issue the proper loan conditions tied to various consumer loan products within Compeer Home. Communicate with lending officers within Compeer Home team to discuss lending alternatives, additional information required to make a lending decision and issue related to the loan request.

Communicate with Credit Officers and Financial Officers assigned to Ag Lending relationships to ensure the Compeer Home subject loan request is in the best interest of all areas of Compeer Financial and the consumer. Review and provide decision on servicing actions.

• Analyze and provide quality, accurate credit decisions for complex loan packages across all three Compeer home mortgage products (Rura Living, Portfolio and Freddie Mac).
• Review and document loan conditions and transactions to ensure compliance and credit guidelines are met.
• Collaborate with Ag Lending to analyze complex farming operations with consumer loan requests.
• Lead larger or more complex loan requests, may be required to interact directly with the borrower, partner or other outside parties.
• Review all documents needed for final approval.
• Utilize Freddie Mac automated underwriting and analysis tools such as running loans through Loan Product Advisor and the appraisal through the Uniform Collateral Data Portal if applicable.
• Update the Loan Origination System with all underwriting information.
• Maintain the underwriting spreadsheet.
• Serve as a resource for team members to assist with fielding questions.

• Verify the subject property is acceptable collateral for the loan program.
• Review the accuracy and opinion of the market value on appraisals.
• Review comps to determine if they are comparable and adequate with the necessary marketability comments provided.
• Verify the property meets all necessary program guidelines (property is adequately reviewed and sales are comparable).

• Provide product support (Freddie Mac, Rura Living or Portfolio) for the Credit Compeer Home Team and all of Compeer Home.
• Review guidelines on a regular basis and provide recommendations to leadership and/or product experts.
• Answer loan questions submitted to the Credit Compeer Home Team from Compeer Home, banks and Farm Credit partners.

• Review submissions and determine if all required documentation is in the file.
• Determine if collateral can be released and if any proceeds need to be applied to the loan.
• Determine if co-signer can be released of liability…