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Career Opportunity: VP Credit Officer

Job Title
VP Credit Officer
Organization
Capital Farm Credit, ACA
Location
Round Rock, Texas
Department
Experience Level
Entry Level (1-4 years)
Supervisor's Title
Category
Accounting
Salary Range
DOE, depending on experience
Posted Date
Monday, November 13, 2017
Closing Date
Open until filled
Job Description

Position Title:

  • VP Credit Officer – CommAg

Location:

  • Round Rock

Summary of Desired/Required Experience:

  • 5 or more years of progressively responsible banking or related agricultural lending experience.
  • Experience with large & complex deals, recommending/negotiating loan structure.
  • Prefer experience with C&I sources of repayment.

Job Functions:

  • Develops and manages loan portfolios including loan originations in the trade area served by the association.  Works with complex loans and loan participation packages.
  • Provides analysis, servicing and reporting of the association’s C&I loan portfolio.
  • Analyzes financial information including balance sheets, income statements and cash flows of potential borrowers to ascertain credit worthiness. Determines Probability of Default (PD) ratings as appropriate and make recommendations for approval or denial of loans.
  • Interprets, communicates, and provides guidance regarding association lending policies and procedures.
  • Reviews and approves loans submitted by other lending staff that exceed their delegated authority.
  • Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are proper.
  • Complies with proper credit administration practices as outlined in the association’s policies and procedures.
  • Assists senior-level credit officers with complex loan applications as necessary.
  • Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
  • Makes and services loans and leases within delegated authority and in accordance with association policies. Makes and/or conveys decisions on loan approval, structure and pricing. Responsible for exercising credit risk management responsibilities on loans within area of responsibility.
  • Conducts complex credit analyses. Analyzes balance sheets, income statements, and cash flows of potential borrowers to ascertain creditworthiness. Maintains current, adequate and verified financial information on borrowers and guarantors as required by association policy.
  • Performs loan servicing tasks, which may include partial releases, subordination’s to mineral leases and right of ways, division orders, reamortizations, assumptions, severance agreements, and insurance claims.
  • Performs collections on assigned loans and assists management with collections on all loans in the portfolio.  Works with delinquent borrowers to obtain satisfactory loan performance.
  • Assures that adequate insurance coverage is maintained as required by loan conditions and monitors ad valorem taxes to insure that such taxes are paid on the security.
  • May assist with the title examination on prospective loans to ensure validity of liens on property pledged as collateral or security interest on chattels. May prepare loan closing packages and facilitates the loan closing process as required in accordance with all applicable association and FCA policies and regulations.

Education Requirement:

  • Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field, or experience deemed equivalent by Capital Farm Credit.

Other Skills:

  • General knowledge of accounting/financial systems.
  • Specialized knowledge of accounting/finance principles.
  • Advanced skill in oral and written communication.
  • Intermediate skill level in Microsoft Office applications.
  • Ability to perform intermediate-level accounting and financial analyses under limited supervision.

Salary

  • Commensurate with Experience

To Apply:

Other:

  • At the discretion of CFC, position may be offered at alternate titles and other business experience may be considered relevant; AA/EOE/M/F/D/V; Complete job description available for review

Posting Date

November 13, 2017

Closing Date

Position will be posted until filled, until sufficient candidates are reviewed to ensure a qualified selection can be made, or until closed at the discretion of the Association.

Contact Person
Amanda Blum
Contact Phone