Principal Internal Credit Reviewer
Company: Farm Credit Council
Location: Naperville
Posted on: April 23, 2024
Job Description:
Job Description:
Compeer Financial is seeking collaborative, innovative and dynamic
professionals to be a part of our Top Workplace culture!
Tell me more about this opportunity.
Position Overview:
This position is responsible for partnering with leadership and
stakeholders to identify and assess risk and controls for credit.
The incumbent completes highly complex loan reviews to evaluate
credit quality and administration to identify and mitigate risk.
Ensures the organization adheres to internal policies and
procedures, Federal and State lending regulations, business plans,
and maintains sound fiscal operations. Provides guidance and
mentorship to less experienced team members and consultation to
leadership and key management partners.
Essential Functions:
- Assists in establishing, implementing and monitoring an
internal audit program to ensure a satisfactory internal control
system for administration of credit, financial services, financial
operation s and administrative functions in the
organization.
- Conducts loan file reviews of credit administration with a
focus on complex loans.
- Assesses loan file documentation, credit approval process, loan
policy and procedures, analysis of financial information, assigned
risk rating and credit classification, analysis of financial
information, assigned risk rating and credit classification,
analysis and monitoring of collateral, assigned collateral loss
grade, approved terms and conditions, loan system coding, and
ongoing monitoring and collection, including service
plans.
- Serves as a resource to field team members regarding policies
and procedures.
- Participates in planning and leading Internal Credit
Reviews.
- Determines and makes clear recommendations on the scope of
reviews in conjunction with internal credit review
leadership.
- Builds relationships with key leadership and management by
networking, seeking input on key decisions and encoura ging
comments and feedback during meetings.
- Leads special projects as requested by Credit Review
leadership.
- Provides management with written and verbal reports on
performance standards in credit administration, classification
concurrence, etc.
- Assists in presenting results to the Audit and Finance
Committee.
- Provides input and assists Credit Review leadership with
assessing portfolio risk and developing an annual plan while
gaining insight from Credit leadership and management.
- Assists in presenting the results to the Audit and Finance
Committee.
Minimum Qualifications & Required Knowledge, Skills &
Abilities:
- Bachelor's degree in finance, accounting, business
administration or related field or an equivalent combination of
education and experience sufficient to perform the essential
functions of the job. Master's degree preferred.
- Minimum of 10 years of related work experience in loan review,
credit analysis and credit underwriting in a Financial
Institution.
- Expert knowledge of applicable Federal and State laws, rules
and regulations regarding credit extension.
- Advanced analytical and problem-solving skills.
- Expert understanding of credit and collateral risk, internal
controls, and accounting principles.
- Ability to work independently, with proven skills in leadership
and organization.
- Strong business acumen and analytical skills.
- Advanced auditing and reporting skills with a high degree of
accuracy.
Who is Compeer Financial?
Compeer Financial exists to champion the hopes and dreams of rural
America. By joining our team, you will help empower those in
agriculture and rural communities to achieve their goals and expand
their possibilities. We embrace business agility and innovative
approaches to serving our clients and communities.
Why join our team?
- Amazing team members who are passionate about serving
agriculture and rural America.
- Investment in our team members' education, growth and
development.
- Engagement in our communities through giving back and
volunteerism.
- Flexible, collaborative and dynamic work environment.
- Great benefits:
- Medical, Dental, Vision insurance
- 401K (3% Compeer contribution & up to an additional 6%
match)
- Paid time off (vacation, sick leave, holidays, volunteer
time)
Find out why our team members choose Compeer Financial by watching
.
How do I apply?
Qualified candidates, please apply online at .
Compeer Financial is an equal opportunity employer and all
qualified applicants will receive consideration for employment
without regard to race, color, religion, sex, national origin,
disability status, protected veteran status, or any other
characteristic protected by law.
Keywords: Farm Credit Council, Lombard , Principal Internal Credit Reviewer, Other , Naperville, Illinois
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