Prin Credit Officer Risk

Where you will work:

This position offers a hybrid work option up to 50% remote and is based out of the Morton, Bloomington, Macomb, or Freeport, IL office location(s).

The contributions you will make:

This position is responsible for the management and servicing of high risk asset portfolio's across an assigned region or territory. Evaluates, underwrites and makes credit decisions for commercial, traditional, investor, and consumer loan requests originated by Compeer team members and determines if the characteristics of the credit package present an acceptable level of credit risk for the organization. Provides relationship based financial solutions for farmers, investors, and rural consumers in area of expertise within delegated authority. May be assigned a specific industry or subject matter on which to focus.

A typical day:

• Analyzes financial and supporting information 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.
• Approves, declines, or escalates credit decision to higher authority levels as required.
• Determines appropriate level of analysis and due diligence required based on credit risk.
• Determines appropriate account classification and probability of default rating.
• Serves as a resource to credit team members regarding policies, procedures, and credit related matters.
• Manages complex more challenging accounts with higher volume.
• Partners with team members to provide credit counsel and financial solution options for clients.
• Meets with clients to provide quantitative assessments of financial performance in relation to internal lending standards.
• Conducts and participates in complex negotiations for collecting or correcting non-performing accounts.
• Counsels and convinces clients to agree on a workable solution.
• Approves sending account to attorney to file litigation.
• Discusses collection strategies with peers, legal counsel, and various research companies to develop the best collection strategy.
• Acts as Compeer's representative for activities and business transactions in assigned industry or line of business.

The skills and experience we prefer you have:

• Bachelor's degree in business administration, agricultural business, finance, accounting, or related field; or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
• Expert-level experience in agriculture and business/finance.
• Oral and written communication skills sufficient to discuss a variety of job-related topics, and effectively communicate complex topics to a variety of audiences.
• Skill in analyzing information to formulate logical and objective conclusions.
• Skill in utilizing Word/Excel/PowerPoint/Outlook to increase efficiency and/or effectiveness.
• Skill in utilizing a systematic approach to problem solving.
• Solid knowledge of loan analysis and sound credit administration principles.
• Skill in negotiating acceptable and favorable terms and conditions related to loan collections.
• Working knowledge of real estate marketing related to acquired property management.
• Extensive Credit Underwriting experience.