Capital Markets Development Associate

Benefits Overview

 

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best!

 

Remarkable Benefits Offered by CoBank

• Careers with a purpose
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education up to 10K per year
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

Associates of CoBank's Capital Markets Development Program progress through a 24-month rotational program in different functional areas in CoBank's Credit and Capital Markets Divisions to gain a foundational understanding of credit underwriting and loan syndications. Rotational assignments provide on-the-job experience with CoBank's various Banking Divisions and Capital Markets teams, and each rotation offers the opportunity to train with and support these CoBank teams.

 

In addition to on-the-job training, the Development Associate completes curriculum to support their development throughout the training period. The first three to four months will include an onboarding period through CoBank's credit management group for foundational training, including completion of structured credit training to ensure the basics of credit underwriting are understood before moving on to support credit underwriting for the Banking Divisions. Additional training on loan markets, the loan syndication process, and essential Capital Markets Analyst duties is conducted after the Development Associate transitions from Credit Underwriting to Capital Markets.

 

CoBank's Capital Markets Development Program is ideal for strong candidates who are new to banking or loan syndications.  Associates who successfully complete the program are well versed in credit analysis and the Capital Markets syndication process and will be on their way to a Capital Markets career with CoBank.

 

Start Date: July 13, 2026 (must have completed a bachelor's or master's degree by May 2026)

Essential Functions

Credit Underwriting

• Analyzes and processes audits, financial statements, and other borrower reporting.
• Monitors financial statements and borrower reports for compliance with terms and conditions of loan agreements.
• Prepares and underwrites credit reports as assigned, consulting with Relationship Managers, Credit Managers, and other credit personnel as needed.
• Conducts progressive credit analysis, including but not limited to credit administration and risk analysis in specifically assigned areas.
• Develops knowledge base and understanding of bank guidelines, policies, and procedures for presentation of credit information. 

Capital Markets

• Provides transaction support to senior capital markets officers and capital markets team leader. Assists in the marketing and support of capital markets products, including loan syndications, and assists in development of new products.
• Processes amendments, waivers, and routine communication with bank groups.
• Drafts offering memoranda, marketing presentations, and performs analytical work involving capital structure and pricing determination.
• Provides competitive pricing and structure analysis, including peer comparisons.
• Maintains division databases, and tracks loan servicing and divisional metrics.

Education

• Bachelor’s degree in business, finance, economics, or a related discipline; or an equivalent combination of education and experience.

Work Experience

• Foundational knowledge of finance, including the ability to interpret and analyze financial statements.
• Exceptional organizational skills, attention to detail, and strong time management.
• Effective written and verbal communication skills.
• Strong analytical and problem-solving abilities, with a results-driven and competitive mindset.
• Personable and collaborative, comfortable engaging with others and building relationships.
• Demonstrated ability to prioritize, manage multiple tasks, and meet deadlin