Requisition Number: 2022-03-011
Job Title: Credit Officer - CommAg Commercial & Industrial
City: Round Rock
State: TX

Credit Officer - CommAg Commercial & Industrial

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Description/Job Summary

LOCATION:

  • Preferred location is Round Rock but other locations could be considered based on candidate


EDUCATION REQUIREMENT:

  • Bachelor’s degree in Business Administration, Finance, Accounting, Agricultural Economics, Agricultural Business or a related field, or experience deemed equivalent by Capital Farm Credit.

JOB REQUIREMENTS:

  • Six (6) to seven (7) years of experience in the administration and analysis of complex credits on commercial and mortgage loans and leases.
  • Experience in structuring and evaluating complex loan, lease and credit servicing actions is essential. This may include purchased and sold loan and lease participations.
  • Preference given to experience underwriting high net worth, C&I, O&G, & CRE credits

FUNCTIONS:

  • Develops and manages loan portfolios including loan originations in the trade area served by the association.  Works with complex loans and loan participation packages.
  • Provides analysis, servicing and reporting of the Association’s mortgage and commercial loans.
  • Analyzes financial information including balance sheets, income statements and cash flows of potential borrowers to ascertain credit worthiness. Determines Probability of Default (PD) ratings as appropriate and make recommendations for approval or denial of loans.
  • Interprets, communicates, and provides guidance regarding association lending policies and procedures.
  • Reviews and approves loans submitted by other lending staff that exceed their delegated authority.
  • Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are proper.
  • Complies with proper credit administration practices as outlined in the association’s policies and procedures.
  • Assists senior-level credit officers with complex loan applications as necessary.
  • Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
  • Makes and services loans and leases within delegated authority and in accordance with association policies. Makes and/or conveys decisions on loan approval, structure and pricing. Responsible for exercising credit risk management responsibilities on loans within area of responsibility.
  • Conducts complex credit analyses. Analyzes balance sheets, income statements, and cash flows of potential borrowers to ascertain creditworthiness. Maintains current, adequate and verified financial information on borrowers and guarantors as required by association policy.
  • Performs loan servicing tasks, which may include partial releases, subordination’s to mineral leases and right of ways, division orders, reamortizations, assumptions, severance agreements, and insurance claims.
  • Performs collections on assigned loans and assists management with collections on all loans in the portfolio.  Works with delinquent borrowers to obtain satisfactory loan performance.
  • Assures that adequate insurance coverage is maintained as required by loan conditions and monitors ad valorem taxes to insure that such taxes are paid on the security.
  • May assist with the title examination on prospective loans to ensure validity of liens on property pledged as collateral or security interest on chattels. May prepare loan closing packages and facilitates the loan closing process as required in accordance with all applicable association and FCA policies and regulations.


PREFERRED SKILLS:

  • General knowledge of accounting/financial systems. 
  • Specialized knowledge of accounting/finance principles. 
  • Skill in oral and written communication.
  • Intermediate skill level in Microsoft Office applications. 
  • Ability to perform intermediate-level accounting and financial analyses under limited supervision.

At the discretion of CFC, position may be offered at alternate titles and other business experience may be considered relevant.

AA/EOE/M/F/D/V; Full description available on request.

Details

Capital Farm Credit is the largest rural lending cooperative in Texas, providing credit and other related services to farmers, ranchers, rural home owners, and agribusinesses with over $10 billion in total assets and nearly 600 team members. We serve 192 counties in Texas with nearly 70 credit offices and are a proud member of the nationwide Farm Credit System.


We seek highly motivated and engaged people who foster the core values behind who we are, how we work and how we treat others – with commitment, trust and value and family-like respect and appreciation. Capital Farm Credit works diligently to ensure we provide our full-time employees with a market-based compensation program including competitive salary, employee benefits, participation in an attractive goals-based incentive program, and development opportunities. As a customer-owned cooperative, our compensation and benefit programs are designed to align the success of our members with the employee’s success. 


Our comprehensive benefit program includes, but is not limited to:

  • An outstanding company-wide incentive program
  • Accommodating and flexible vacation and sick leave
  • 10-12 paid holidays
  • 401(k) plan with up to a 9% employer contribution/match
  • Affordable health, dental, and vision plans
  • Employer paid life insurance and disability
  • Tuition reimbursement
  • Up to $400/year wellness reimbursement
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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 is the Law Poster and Pay Transparency Statement.