Credit Officer RAU

About 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.

• 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.

This position offers a hybrid work option up to 50% remote and is open to any Compeer office location in Illinois, Minnesota and Wisconsin.

This position analyzes credit requests, makes loan servicing decisions for existing clients and performs other essential credit duties. The incumbent primarily focuses on high risk asset portfolios. Completes the financial analysis and underwriting on a variety of industries throughout the United States. Makes credit decisions that are consistent with established credit policies, procedures and best practices. Approves or denies requests within their delegated authority with a majority of the time being spent on completing loan analysis and communicating decisions to internal and external team members.

Works with clients, Credit Officers Risk and Financial Officers to discuss loan packages and provides financial counseling to clients. Visits clients, as needed. May be assigned a specific industry or subject matter on which to focus.

• Analyzes financial and supporting documentation 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.
• Determines appropriate account classification and probability of default rating.
• Effectively communicates credit decision, terms, conditions, and findings through a formal narrative write-up.
• Establishes loan conditions and closing requirements for approved actions.
• Answers questions and provides direction on credit related issues that arise during the processing, closing, and servicing of lending transactions.

• Proactively monitors lending portfolio and loan performance for the organization and provides direction for loan classification.
• Works directly with sales team or with clients to develop a plan to cure loan delinquencies or other servicing requests.
• Assists in the monitoring of interim financial reports, borrowing base certificates, compliance certificates, and other reports to monitor loan compliance.

• Works jointly with Financial Officers, Credit Officers Risk and other team members to implement Team Relationship Model approach with clients when appropriate.
• Works with Credit Officers Risk in the approval or denial of restructuring applications, standstill agreements and re-amortizations.
• Meets with clients to provide quantitative assessments of financial performance in relation to Compeer credit standards and industry norms.

• Is responsible for keeping knowledge up to date with industry trends and procedures.
• Builds…