Senior Credit Resolution Portfolio Manager

Why should you join our team?

American AgCredit offers a unique opportunity to be a part of a national financial system supporting those who feed, clothe and fuel the world. We are a growing organization embracing collaboration and innovation while delivering transformative solutions. American AgCredit provides a cultivating environment where you truly make a difference for our customers and teams.

Benefits offered by American AgCredit:

• Commitment to agriculture and the communities we serve
• Family friendly work environment
• Investment in employee development
• Medical, Dental and Vision coverage
• Outstanding 401k – automatic 3% employer contribution, plus match up to 6%
• Generous Paid Time Off (Vacation accrued at 21 days annually, Sick Days accrued at 15 days annually, 12 paid holidays, plus 16 hours of volunteer time)
• Competitive Incentive Compensation Plan
• Disability & Life Insurance
• Employee mental, physical, and financial wellness programs
• The position is bonus eligible based on association and personal performance

Position will be posted until filled.

BASIC FUNCTION:

Responsible for completing the financial analysis and due diligence required todevelop credit packages and complete loan servicing on troubled credit. Will assist the Credit Resolution Relationship Manager in gathering the required information necessary to make appropriate credit decisions and analyze credit and restructuring requests from start to finish. Serves as a secondary point of contact for resolving distressed credits. Recommend loan and restructuring requests based on the Association’s Underwriting Standards. Will complete analysis on various servicing actions on existing customers, such as restructures, extensions, forbearances, releases, assumptions, conversions, and charge-offs. Accountable for underwriting a designated loan portfolio  and any new accounts transferred to the Credit Resolution Group (CRG). Responsible for the approval/denial of credit actions through either the utilization of assigned delegated authority or recommendation to a higher level of delegated authority.

ESSENTIAL DUTIES:         

• Assists the Relationship Manager in gathering information necessary to make appropriate credit decisions.
• Develops credit packages and loan servicing actions.
  • Reviews and analyzes credit information presented; determines the need for more thorough investigation or additional information.
  • Requests appraisal/field reports, obtain third party verifications, obtain credit reports, and request lien searches as necessary.
  • Completes loan analysis, including financial statements, cash flows, loan analysis forms, trend sheets, writing narratives, preparing facts, and offering opinions concerning credit worthiness, risks and mitigants, and other forms as required. Formulates projections using historical financial data, current budgets, and other information.
  • Inputs all required financial information and data into the financial analysis, loan origination, and other loan processing systems.
  • Makes approval recommendations on loan actions based on the Association’s Loan Underwriting Standards while complying with regulatory requirements. Participates in loan committee meetings as may be required.
• Demonstrates analytical and statistical skills to effectively evaluate loan requests and make the appropriate independent opinion of the credit worthiness of the applicant, aligned with the organization’s credit philosophy and risk appetite.

• Monitors assigned portfolio to determine the customer’s potential servicing needs and ensure customers stay in compliance with the terms and conditions of their loan(s).

• Assists in  preparing quarterly High Attention Credit Reports  and other CRG Reports as required to monitor the portfolio.
• Determines and reviews legal documentation. Coordinates with all credit and approval departments  and with attorney’s and title companies on loan closings, as needed.
• Provides support with developing training for the Association staff on distressed loan management processes. 
• Assist with branch staff in discussions about restructuring and liquidation issues.
• Contributes to  any special projects where a Credit Resolution employee is needed.
• Performs other duties assigned.

OTHER DUTIES

In addition to essential functions, the Sr. Credit Resolution Portfolio Manager is responsible for the following:

• Responsible for larger and more complex credits.
• Strong understanding of sound credit administration practices with the ability to differentially analzye complex request.
• Works independently, producing high quality work with limited oversight from organizational management.
• Provides mentorship for the National Guard.

• Develops, manages, and delivers specialized technical training and guidance to Association staff.
• Provides mentorship and onboarding of Credit Resolution staff, including consultation, and review of credit actions for their peers, ensuring accuracy in the presentation of the information.
• Supports the Head of Commercial Underwriting in directing CRG team workflows, ensuring deadlines are met.

LEVELS OF SUPERVISION EXERCISED AND RECEIVED:

Generally exercises little supervision; makes independent decisions; works under general supervision of Head of Commercial Underwriting or designee.

TYPICAL EDUCATION AND EXPERIENCE:

• BA/BS degree with an emphasis on agribusiness, business administration, or equivalent experience.
• Ten or more years of progressively responsible banking or related agricultural lending experience.
• Five or more years of progressively responsible Special Assets experience.
• Demonstrates an understanding of agricultural lending principles and practices, and association and Farm Credit System operating policies and procedures.
• Knowledge of FCA regulations, Association, and district policies and procedures.
• Demonstrates proficiency in organizing and prioritizing work to meet deadlines.
• Strong written and verbal communication skills.
• Strong persuasive and interpersonal skills.
• Proficient in the use of PC, including  Microsoft Word, Outlook e-mail and electronic spreadsheet software.
• Desire and ability to travel as needed.

JOB REQUIREMENTS:

Must  be able to perform basic office tasks and work in a typical office setting.  Employee will be sitting for extended periods and accomplishing work at a desk and at a computer for an extended period.  Must have strong written and verbal communication skills to adequately convey ideas and work well with a team.  Ability to talk and hear, sit, use their hands and fingers, and reach in all directions is essential in the performance of the job.  Some lifting and moving of items up to 25 pounds are required.  Work during established business hours and weekend and/or evening work.  Some travel is required. 

PAY RANGE:

All hiring is contingent on eligibility to work in the United States. We are unable to sponsor or transfer visas for applicants.

American AgCredit provides equal opportunity in employment to all employees and applicants. We celebrate diversity and do not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity, gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other characteristics protected by applicable federal, state, or local laws. American AgCredit prohibits harassment of any individuals on any of the bases listed above.
If you need assistance or an accommodation due to a disability, you may contact us at [email protected].