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Senior Credit Officer

Farm Credit Illinois
Mahomet, IL
  • Expired: September 03, 2020. Applications are no longer accepted.

Description/Job SummaryThe Senior Credit Officer underwrites and approves/denies large, complex, agribusiness and commercial loans by providing comprehensive credit underwriting.Responsibilities/DutiesCredit Analysis Processes large and complex loan application packages by:o Reviewing initial data entry for accuracy and completenesso Adjusts financials as needed for asset values and verified debto Underwriting strategy through analysis of the 5 C's (character, capacity, capital, collateral, and conditions)o Financial projections and ratios, ensuring lending standards are met or have sufficient offsetting assetso Risk analysis through determination of risk rating and loss given default assignmentso Eligibility and appropriate scope of financingo Presentation of the financial analysis and identification of trends, strengths, weaknesses, and conformity to lending standards and risks through a written credit narrativeo Loan covenants and an in-depth understanding of procedural requirementso Analysis of security position in order to potentially identify the need for a specific allowance, change in existing allowance, or charge-off/recoveryo Creation of Loan Servicing planso Troubled Debt Restructure ("TDR") process - evaluation and designation of troubled creditsCredit Services Division Expertise Provides credit resources within the Credit Services Division byo Assisting with credit approval information needs and accuracyo Determining eligibility and ensures financial ratios meet lending standards or have sufficient offsetting assetso Making asset value adjustmentso Determining resources to utilizeo Determining risk rating and Loss Given default assignmento Approving or denying loans Provides credit training and ongoing project involvementLoan Committee Participation Serves on the Credit Services Division Loan Committee and the Association Loan Committee Reviews, discusses, and considers the benefit and risks of loans Determines approval or denial of loans Determines loan structure, terms or modificationsIndustry Expertise Determines credibility of outside sources of macroeconomic trends and forecasts along with the potential impact on underwriting and portfolio risk*Required Skills** Expert knowledge in credit analysis and regulatory requirements Working knowledge of Excel sufficient to create, update and save a variety of documents General knowledge of production agriculture General knowledge of finance and macroeconomics Skill in utilizing technology to increase efficiency Skill in balancing logic and intuition to make sound decisions in a timely manner Skill in differentiating significant and insignificant details Oral and written communication skills, sufficient to exchange information effectively with peers, supervisor and customersRequired Qualifications*Bachelor's degree in finance, agriculture, business or related field and 5 years of related experience in credit analysis or underwriting; Or an equivalent combination of education and experience sufficient to perform the essential functions of the job.

Farm Credit Illinois

Address

Mahomet, IL
61853 USA

Industry

Finance and Insurance

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