Credit Officer Risk

Apply for the Credit Officer Risk role at Compeer Financial.

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

Mentorship programs

Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)

Professional membership/certification reimbursement and more!

Contributions You Will Make
This position is responsible for the management and servicing of 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 decides 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 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.

Determines appropriate account classification and probability of default rating.

Effectively communicates the 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 any credit related issues that arise during the processing, closing, and servicing of lending transactions.

Serves as a resource to credit team members regarding policies, procedures, and credit related matters.

Credit Counseling

Partners with team members to provide credit counsel and financial solution options for clients.

Determines how to structure credits to meet internal lending requirements, client expectations, and the organization’s growth objectives.

Meets with clients to provide quantitative assessments of financial performance in relation to internal lending standards.

Monitors assigned credit leasing portfolio and assists Farm Credit Leasing Special Assets and Compeer Risk Asset units as required in servicing delinquent and stressed accounts.

Establishes servicing plans and other monitoring requirements for financially stressed accounts.

Collection Services

Conducts and participates in complex negotiations for collecting or correcting non-performing accounts.

Approves or denies restructuring applications, standstill agreements and re-amortizations.

Counsels and convinces clients to agree on a workable solution.

Approves sending account to attorney to file litigation.

Inspects security to determine condition and approves partial release of security.

Discusses collection strategies with peers, legal counsel, and various research companies to develop the best collection strategy.

Manages the collections of loans for contract entity by collecting loan payoffs and negotiating settlements.

Manages legal activities related to strategy, litigation, proceedings and hearings.

Subject Matter Expert

Acts as Compeer’s…