Collateral Auditor Jobs (NOW HIRING)

EDUCATION AND EXPERIENCE

• Bachelor's Degree in agricultural economics, business administration, finance, or other related field, plus five (5) to seven (7) years of experience in audit and risk management, as it relates to collateral and working capital type assets.  
• An advanced understanding of agriculture/agribusiness as a business/industry, asset lending, loan structuring, credit arrangements, collateral audits, and general banking products/services.  
• Complex knowledge of loan workouts including bankruptcy, troubled debt restructurings, and borrowers and creditors' rights.
• Advanced knowledge of accounting/bookkeeping, banking regulations, operations, and credit practices.  
• Complex understanding of financial analysis of commercial/corporate and production agricultural credits.  
• Experience with Farm Credit System and rolling stock equipment valuations are a plus.

JOB SUMMARY
    Conducts collateral audits in loan pre-closings and periodic follow ups, including collateral audits of production agriculture loans for multi-lender loan syndications/participations.  
    Supports training of the Association's staff, and where applicable, other entities.  
    Responsible for the collateral audit delivery process that includes, but is not limited to, assessing short/long-term risks and management . 
    Monitors credit policy compliance of factors like advance rates. 
    Works under limited supervision and coordinates with others in the department as well as the entire Association as needed.  
    Assists in monitoring and overseeing loan/business relationships, financial performance and related Association risk that may result from the debtor/creditor relationships with other Associations.
    Assists collateral audit managers in special projects as needed.  

ESSENTIAL FUNCTIONS
    Prepares reports summarizing findings, including borrowing base reporting exceptions and suggestions for correction and/or improved interpretation and reporting.
    Interacts regularly with the Association's customers, to constructively support their understanding of borrowing base report preparation to ensure its accuracy.
    Implements a credible collateral audit approach that is unique to each customer yet encompasses the critical dimensions of auditing a borrower's working capital-based loan transactions.
    Coordinates collateral audits scheduling, which will include establishing a tickler system for timely alerts to Association staff on when a collateral audit is due.
    Makes recommendations regarding individual transactions or loans for improvements of credit function, including new technology, resources, etc. needed to perform at a high level.
    Provides, follows up, and conveys verbal instructions. Provides and receives feedback in an appropriate and respectful business manner.
    Adept in conflict management, adaptability, problem-solving, multi-tasking, influencing others, creativity, and being a self-starter.
    Assists other Association personnel in completing coordinated projects as assigned.
    Involved in the preparation of industry/sector analysis as directed by the collateral audit manager.
    Conducts/participates in collateral audits for multi-bank loan syndications or participations.
    Develops memos and related presentations to loan committee and senior management.
    Ensures areas of involvement comply with applicable laws, Farm Credit regulations and Association policies.
    Assist Relationship Managers and Credit Analysts with the managing/monitoring of existing or new loan through providing input on credit structure, terms, conditions, etc. as directed by the Department Manager.
REQUIRED SKILLS

• Excellent interpersonal relations, administrative, research (including Internet) and communication skills are required.  
• Strong analytical skills to maintain sound collateral audit standards, assessing a borrower's risk management program (including, but not limited to things like hedging, insurance coverage, and operating practices) and evaluate and structure loan proposals.  
• Must have some knowledge of business and legal practices in mortgage and commercial/operating lending, including credit standards, and real estate and equipment appraisal requirements.  
• Must be proficient with Microsoft Office software.  
• Ability to effectively coordinate input from many sources to complete an assignment.

DISCLAIMER
We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at careers@capitalfarmcredit.com and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this e-mail address. For more information, view the EEO - Know Your Rights and Pay Transparency Statement.