LOCATIONThe preferred location for this position is College Station, Round Rock, or Lubbock, Texas.
EDUCATION AND EXPERIENCE- Bachelor's degree in finance, Accounting, Agribusiness, Business Administration or a related field, or equivalent experience.
- Six (6) years or more of experience in the administration and analysis of complex credit facilities for large agribusiness and commercial loans and leases.
- Experience in structuring and evaluating complex loan, lease and credit servicing actions is essential, and requires proficiency in oral and written communication.
JOB SUMMARY- The Commercial Credit Officer collaborates with Commercial and Capital Markets Relationship Managers, Special Assets Officers, and Administrators in performing detailed financial analysis of commercial agriculture and agribusiness credits.
- This role involves assessing creditworthiness, conducting market research, and performing high-level credit analysis and structuring of the Association's largest and most complex borrowers.
- The Credit Officer will work independently and under minimal supervision, as part of a deal team that guides credit actions through the entire process from initial discussions through underwriting, decision-making, closing, and servicing.
- Processes and approves loans and leases in multiple territories within the limits of specific delegated authority consistent with Association policies.
- Trains less-senior loan officers and credit analysts to ensure quality service and attainment of the Association's credit goals.
- Has appreciable latitude for decision making as part of a deal team.
- Builds strong relationships with client management/owners and other financial institutions and assists in the management of purchased and sold loan and lease participations.
ESSENTIAL FUNCTIONS- Collaborates with Commercial and Capital Markets Relationship Managers, Special Assets Officers and Loan Administrators in structuring, analysis, and servicing of the Association's largest and most complex borrowers' loans and leases.
- Analyzes financial information including balance sheets, income statements and cash flows of potential borrowers and borrowers to ascertain credit worthiness. Determines appropriate Probability of Default {PD} rating for loans and leases.
- Analyzes collateral and borrower primary and secondary repayment sources. Determines appropriate Loss Given Default {LGD} rating for loans and leases.
- Demonstrates a strong understanding of key ratio analysis, and the relationship of those ratios on the various financial statements (balance sheet, income statement, cash flow statement, etc).
- Exercises sound credit judgment to develop unique financing and structuring solutions for a diverse customer base. Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues
- Develops, manages, and monitors loan portfolios including commercial loan originations and capital markets loan participation packages.
- Interprets, communicates, and provides guidance regarding association lending policies and procedures.
- Reviews and approves loans and leases submitted by other lending staff that exceed their delegated authority.
- Ensures compliance with Association policies and procedures.
- Performs credit servicing tasks, which may include partial releases, subordination to mineral leases and right of ways, division orders, re-amortizations, assumptions, severance agreements, and insurance claims.
- Presents credit packages to loan committee/senior management with recommendation for approval or denial of loan requests.
- Provides guidance to credit analysts as needed.
- Attends public relations functions for the Association, industry conferences, and lender meetings.
- Completes coordinated projects as assigned.
- May perform collections on assigned loans and assists management with collections on all loans in the portfolio. Works with loan officers, administrators and Special Assets Group to service problem loans.
- May facilitate the loan closing process as required in accordance with all applicable association and FCA policies and regulations.
REQUIRED SKILLS- Minimum six (6) years of experience in structuring and evaluating large complex loan, lease, and credit servicing actions for commercial, agribusiness and capital markets customers.
- Strong analytical and financial analysis skills, with the ability to assess creditworthiness and conduct market research
- Excellent communication (oral and written) and interpersonal skills, with the ability to work effectively as part of a deal team
- Ability to work independently and under minimal supervision, with appreciable latitude for decision-making.
- Proficiency in using financial analysis tools and software.
- Intermediate skill level in Microsoft Office applications.
PREFERRED SKILLS- Thorough knowledge of financial credit analysis (including projections), collateral analysis, appraisal standards and repayment performance in the areas of agriculture/agribusiness loans, mortgage loans and commercial ag/operating credits.
- Knowledge of Farm Credit System and its lending practices.
