Job Description
Conducts credit quality, credit administration and credit operational reviews within the Bank, District Associations, and other financial companies as required. Serves as the Examiner-in-Charge for a diverse assignment of loan portfolios, with responsibility for developing loan review activity plans, coordinating and overseeing review activity, and preparing professional reports for distribution to senior management. Identifies specific and general areas of concern as well as recommends process and credit administration enhancements based on the results of review activity. Analyzes financial statements, credit narratives, spreadsheets, and supporting loan and legal documentation in order to fully analyze, report, and make recommendations during the course of a review. Assists both the internal and external audit and review functions with credit-related programs and activities. Coordinates review activity with other areas within the Risk Management Group and with outside contract examiners as applicable, and serves as an official liaison for the Asset Review division when conducting review activity.
Essential Functions
- Identifies and completes continued education requirements, in line with Asset Review guidelines, as well as specific training opportunities developing leadership skills or specific credit expertise.
- Leads the initial risk assessment activity for loan portfolios within the Bank and at District Associations including, but not limited to, summarizing key risk factors from the review of regulatory and portfolio reporting as well as identifying key control areas to be tested during review activity.
- Schedules and coordinates review activity as the Examiner-in-Charge for assigned portfolios with the Bank and within District Associations as well as other finance companies as applicable. Ensures that activities meet the timeliness objectives of Asset Review guidelines, while managing the relationship to ensure minimum disruption to business operations.
- Conducts ongoing credit, credit operations and documentation reviews for all portfolios covered by the Asset Review division to ensure completion of the annual Asset Review plan, as developed by the VP of Asset Review. Review activities include an assessment of promissory notes pledged as collateral to ensure that notes are appropriately reported for quality and meet the underwriting standards and servicing requirements specified in the loan agreements.
- Assures development of a coordinated and complete set of work-papers, documenting the results of the analysis of reviewed portfolios according to Asset Review guidelines.
- Serves as the Examiner-in-Charge for assigned portfolios including, but not limited to, the development of review activity plans, coordination of credit and operations reviews, performing quality control assessments on review activity, and reporting material findings.
- Summarizes findings related to credit classification and administration, and capital and loan loss provision adequacy for presentation to Bank senior management, District Association management, boards of directors and regulatory agencies.
- Prepares trip reports on activities reviewed for submission to management.
- Participates in Asset Review planning and budgeting activities.
- Shares knowledge of established review programs to team members and the Risk Management Group, as applicable, to ensure consistent application of risk rating and performance classification methodology.
- Provides consultative services to District Association customers on control and credit activities as well as lending and administrative guideline development on a periodic basis, as requested.
Education
- Bachelor's Degree required
Work Experience
- 7 years of experience in credit and lending, with significant exposure and knowledge of credits similar to the Bank’s portfolio, preferably in agribusiness; or four or more years in credit administration examination activities, preferably of credits similar to the Bank’s portfolio or in the agribusiness area. required
Physical Exertion Details
Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Travel Requirement Details
25-35% Travel occurs (typically, 1 week a month or 12 weeks per year)
The base pay range for this role is between $110,000 - $135,300. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance. The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.
