Lead Credit Officer

Who we are:

Farm Credit Bank of Texas is a $40.9 billion wholesale bank that has been financing agriculture and rural America for over 100 years. Headquartered in Austin, Texas, we provide funding and services to rural lending associations in five states, and we are active in the nation’s capital markets. 

While you may not be familiar with our name, Farm Credit Bank of Texas plays a critical role in supporting the businesses that make it possible for America to maintain access to an affordable and safe food supply, an industry which is one of the most innovative and evolving of our time. And while you help us deliver on our mission, we deliver on our commitment to you as a valued employee by providing competitive compensation, generous health and wellness benefits packages and an attractive workplace located along the bluffs of the Colorado River just minutes west of downtown Austin. 

We seek out top talent in their fields, whether it be technology, finance, accounting, credit, human resources, or other administrative functions, and welcome you to join us in our mission to feed the world. 

Position Description: 

The primary responsibility of this role is to lead a team of credit officers in managing a designated portfolio of accounts. This includes providing guidance, training, mentorship, and oversight to ensure quality and consistency in credit analysis. In addition to leadership duties, the role requires maintaining an individual portfolio and performing underwriting for assigned transactions.

The position will assist the Directors in the analysis, servicing, and reporting of the bank’s loan participations. It will also require the individual to develop industry and peer group analysis, portfolio analysis, and complete other special projects as assigned.

Day-to Day-Duties and Responsibilities: 

• Leads team of credit officers within a vertical, ensuring management of workflow.  Serve as a trainer/mentor to develop credit skills of officers. 
• Collaborates effectively with the Lending Team on deal flights, underwriting, and preparation for Loan Committee to ensure comprehensive analysis and timely execution. 
• Performs financial analysis, credit administration, monitoring and due diligence as necessary on official loans, excess loans, and loan participation packages received from district associations or other commercial lenders.
• Maintains an understanding of industries and credits within the assigned portfolio, monitoring trends and identifying at-risk credits to proactively monitor risk. 
• Interprets, communicates, and provides guidance to associations regarding sound lending practices.
• Interprets and acts upon various legal, title and other questions which may arise on loans. 
• Assists in developing and administering lending programs, as well as developing and revising operating procedures relating to lending operations.
• Assists in the development and closing of complex loans by assisting with analysis and negotiation of such credits.
• Development of loan participation and correspondent banking relationships with other lenders.  The incumbent will manage complex loan relationships as directed by supervisor, SVP Credit Analysis
• Assists other bank personnel in completing coordinated projects as assigned.

Skills:

This position requires skill and knowledge in credit administration, financial analysis, the use of various loan analysis software programs, accounting standards, credit policies and procedures, as well as program and product development.  Excellent computer, interpersonal, public speaking and communication skills are required.  A thorough knowledge is required of financial statement analysis, forecasting models, cash flow budgets, collateral analysis, appraisal standards and payment performance in the areas of agriculture production loans, mortgage loans and commercial credits.  Must be able to accurately identify, measure and manage risk in loans, loan portfolios and direct loans.  This position will require time management skills with travel up to 25 percent.

What You Bring to the Team:

Our ideal candidate lives within a commutable distance from our office and appreciates the value of hybrid work design. We strongly prefer candidates who are local to the Austin, TX area. However, we will consider remote candidates for the right individual.

It’s an important role that covers many skills. This position requires:

Position requires a Bachelor’s Degree in agriculture economics, finance, business administration or other related business field or commensurate experience and seven (7) or more years’ experience in all facets of lending including the marketing, extension, administration and analysis of commercial credits and agriculture production loans. 

The incumbent should have experience and knowledge in the analysis of complex credits, as well as negotiating and dealing with large loans over $5 million. The incumbent should have experience working with management and senior loan officers of other financial institutions in the structuring and evaluating of official loans, excess loans (above delegated authorities), loan participations and analysis of direct loan/correspondent lending relationships.

Why Farm Credit Bank of Texas:

In addition to a competitive salary, we offer comprehensive, affordable, and competitive benefit options that are focused on health and wellness, financial security, and achieving a work-life balance:

• Flexible health-and-wellness benefits, including medical insurance, prescription drug coverage, dental insurance, vision care, flexible spending accounts, and more.
• 401(k) plan that includes immediate vesting of a generous employer match and additional employer contribution
• Long-term disability and life insurance
• Vacation leave, sick leave, and paid holidays
• Fertility benefit and parental leave plan
• Up to two days per year to volunteer in local community organizations, services, or events
• Ongoing professional-development opportunities
• Generous tuition-reimbursement program
• Physical fitness incentive plan
• Employer matching gifts program

Important note: We care about your hiring process and take it seriously. A real person will review your applications, meaning response timelines may vary. The interviewing process at Farm Credit Bank of Texas may include phone calls and emails, on-site interviews, and requests for portfolios or demonstrations of work. We can’t personally follow-up with each applicant, and we will do our best to create a professional, respectful, and thorough process for candidates with whom we identify as a potential fit. 

 
A/EOE/M/F/D/V

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