Sr 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.

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 & 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
• 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.

Where you will work: This position offers a hybrid work option up to 50% remote and is based out of the Bloomington, IL;
Morton, IL; or Macomb, IL office locations.

The contributions you will make: This position analyzes new complex credit requests, makes loan servicing decisions for existing clients and performs other essential credit duties. Completes the financial analysis and underwriting on a variety of industries livestock and crop producers throughout Compeer’s territory and the United States. Credit decisions are made based on targeted credit quality levels and volume/growth levels set by executive leadership.

The incumbent approves or denies requests within their delegated authority with a majority of the time being spent on completing analysis for large, complex loans, and communicating with internal and external team members. Frequently meets with clients and Lending Specialists to discuss loan packages and provide financial counseling to clients. Visits clients regularly to view their operations.

A typical day:

Credit Analysis

• Analyzes complex financial and supporting documentation submitted for formal and informal lending and servicing requests.
• Enters balance sheets and earnings statements into spreading software. Generates post close balance sheets and projections for analysis.
• Identifies, communicates, and assists in the collection of financial information required to process lending and servicing requests.
• Makes recommendations and/or approves under delegated authority loans and establishes appropriate terms and structures to manage risk and maintain sound credit administration.
• Constructs credit narratives for internal and external review.
• Creates innovative credit packages to meet client needs. Provides financial solutions to ag-related loans.
• Works closely with Lending Specialists to appropriately structure new and existing client loans.
• Works closely with originating banks through the loan process to assist them with processes, credit related issues and loan structures for the livestock industry.
• Participates in client meetings with Lending Specialists to enhance client relationships.
• Works closely with Lending Specialists to assist in balancing credit risk with loan growth.
• Facilitates negotiation of credit agreements between Compeer, borrower, participants and outside counsel.
• Prepares and packages syndications and participations for sale.

Loan Servicing and Credit Administration

• Proactively monitors lending portfolio and loan performance for the organization and…