Credit Officer- Leasing

Job ID: CoBank-2024-00123

About the role

Develops credit-structuring alternatives for large account transactions. Assists lending or leasing staff with managing the banking relationship with large accounts by providing credit analysis and financial structuring alternatives. Approves credit actions within prescribed credit limits. Provides leadership and guides the work of credit analysts. Adds value to account relationships and supports the achievement of profitability and credit quality goals through interactions with staff and customers.

Responsibilities

• Works with lending or leasing staff as appropriate to structure financial proposals to support complex credit arrangements for large accounts. Conceptualizes and formulates financial strategy to accomplish customer's credit needs. Manages resources from various sources. Designs creative and innovative financing packages.
• Assists with negotiations concerning the packaging of credit arrangements. Consults with lending or leasing staff and provides coaching on negotiation strategy, financing approaches, or other specific credit issues.
• Prepares and oversees the preparation of credit analyses and credit investigations to ensure the application of a relevant and thorough approach. Provides direction and guidance to credit analysts on general research issues. Understands and follows bank guidelines, policies, and procedures for the preparation and presentation of credit information.
• Monitors credit quality of accounts to identify emerging trends and ensure ongoing compliance with covenants. Notifies lending, leasing, and/or credit staff of emerging issues as appropriate.
• Assists with internal research and analysis, provides statistical reports, and verifies information. Prepares and delivers presentations on topics as assigned.
• Develops and utilizes computerized spreadsheets, programs, and other automated tools for credit analysis, special projects, or presentations.
• Approves or recommends credits for approval based on research and analysis completed by credit analysts.
• Maintains expertise in assigned industries or market sectors. Keeps abreast of industry trends and competitive environment.

Requirements

• Bachelor's Degree required
• 5 years of credit experience in banking industry
• Occasional travel (typically, once a month or less)

Skills

• Credit analysis and financial structuring
• Leadership and mentoring of credit analysts
• Negotiation and relationship management
• Preparation and presentation of credit information
• Industry expertise and trend analysis
• Proficiency with computerized spreadsheets and automated tools

Benefits

• 15 days of vacation, 10 paid sick days, and 11 paid holidays
• Hybrid work model: flexible arrangements for most positions
• Medical, dental, and vision coverage
• Disability, AD&D, and life insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education
• 401k: up to 6% matching and additional 3% non-elective contribution, plus student loan match
• Community impact programs: United Way Angel Day, Volunteer Day, and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognition through GEM awards

Pay

The typical base pay range for this role is between $100,000 - $123,000. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

About CoBank

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.