Sr. Credit Officer Wholesale

Empowered to live. Inspired to work.
Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

How we support you:

• Hybrid model – up to 50% work from home
• Flexible schedules including ample flexibility in the summer months
• Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
• Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
• Learning and development programs
• Mentorship programs
• Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

To learn more about Compeer Financial visit www.compeer.com/careers. 

Where you will work: This position offers a hybrid work option up to 50%. remote and is open to any Compeer office location in Illinois, Minnesota and Wisconsin.

The contributions you will make:  This position analyzes new credit requests, makes loan servicing decisions for existing clients and performs other essential credit duties. Completes the financial analysis and underwriting on a variety of industries throughout the United States. Credit decisions are made based on targeted credit quality levels and volume/growth levels set by executive leadership. The incumbent approves or denies requests within their delegated authority with a majority of the time being spent on completing analysis for large, complex loans, and communicating with internal and external team members.

A typical day: 

• Analyzes financial and supporting documentation submitted for formal and informal lending and servicing requests.
• Identifies, communicates, and assists in the collection of financial information required to process lending and servicing requests.
• Makes recommendations and/or approves under delegated authority loans and establishes appropriate terms and structures to manage risk and maintain sound credit administration.
• Maintains and monitors financial, collateral and loan information in the lending systems.
• Constructs credit narratives for internal and external review.
• Provides financial solutions to ag-related loans.
• Works closely with Relationship Managers to appropriately structure new and existing client loans.
• Works closely with originating banks through the loan process to assist them with processes, credit related issues and loan structures.
• Participates in client meetings with Financial Officers to enhance client relationships.
• Works closely with Financial Officers to assist in balancing credit risk with loan growth.
• Provides exceptional service to client.
• Provides guidance and is a resource for structuring credit packages.
• Monitors the performance of clients and works directly with Sales and Risk Asset Unit to develop servicing plans.
• Services internal and external clients by supporting team members and processing loan requests, loan servicing requests, and other credit.
• Processes, underwrites and approves service requests on existing loans already booked. Page 2 of 3 Sr Credit Officer Wholesale August 2019
• Responds timely to internal and external audit requests regarding designated account information.
• Enters balance sheets and earnings statements into spreading tool.
• Generates post close balance sheets and projections for analysis.
• Completes annual reviews in a timely manner.
• Updates service plans as needed.
• Continues to learn new processes and responsibilities for monitoring loans and performance
• Works on special projects including new loan programs and internal process evaluation.
• Participates in ongoing special projects to improve service to the client as well as credit administration.
• Serves as a resource/mentor to lending and team members in training regarding financial information, policies, procedures, and credit related matters