Compeer Financial · 1 month ago
Sr Credit Officer Risk
Mankato, MN
Contract
Hybrid
Mid, Senior Level
$92K/yr - $140K/yr
5+ years expCompeer Financial is a member-owned cooperative providing financial services to support agriculture and rural communities. The Sr Credit Officer Risk is responsible for managing high-risk asset portfolios, evaluating and underwriting credit decisions, and providing financial solutions to farmers and rural consumers.
FinanceFinancial ServicesRentalRisk Management
No H1B
Responsibilities
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
Effectively communicates the credit decision, terms, conditions, and findings through a formal narrative write-up
Establishes loan conditions and closing requirements for approved actions
Answers questions and provides direction on any credit related issues that arise during the processing, closing, and servicing of lending transactions
Partners with team members to provide credit counsel and financial solution options for clients
Determines how to structure credits to meet internal lending requirements, client expectations, and the organizations growth objectives
Meets with clients to provide quantitative assessments of financial performance in relation to internal lending standards
Monitors assigned credit leasing portfolio and assists Farm Credit Leasing Special Assets and Compeer Risk Asset units as required in servicing delinquent and stressed accounts
Establishes servicing plans and other monitoring requirements for financially stressed accounts
Conducts and participates in complex negotiations for collecting or correcting non-performing accounts
Approves or denies restructuring applications, standstill agreements and re-amortizations
Counsels and convinces clients to agree on a workable solution
Approves sending account to attorney to file litigation
Inspects security to determine condition and approves partial release of security
Discusses collection strategies with peers, legal counsel, and various research companies to develop the best collection strategy
Manages the collections of loans for contract entity by collecting loan payoffs and negotiating settlements
Manages legal activities related to strategy, litigation, proceedings and hearings
Acts as Compeer’s representative for activities and business transactions in assigned industry or line of business
Keeps knowledge up to date with industry trends and procedures
Attends off site training events to keep current as necessary
Qualification
Preferred
Bachelor's degree in agriculture, finance, accounting, or related field; or an equivalent combination of education and experience sufficient to perform the essential functions of the job
5+ years of 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
Solid knowledge of Borrower Rights related to loan servicing
Working knowledge of real estate marketing related to acquired property management
Extensive Credit Underwriting experience
Basic accounting knowledge
Ability to establish and maintain a network of internal and external agricultural influencers and professionals
Benefits
Hybrid model – up to 50% work from home
Flexible schedules including ample flexibility in the summer months
Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
Learning and development programs
Mentorship programs
Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
Professional membership/certification reimbursement and more!
Company
Compeer Financial
Compeer Financial offers loan, rental, risk management, and other financial services to 144 counties in Illinois, Minnesota, and Wisconsin.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$300M2025-11-20Undisclosed· $300M
Leadership Team
Jase Wagner
Chief Executive Officer
Jim Roberge
Chief Diversified Markets Officer
Recent News
globallegalchronicle.com
2025-12-02
Business Wire
2025-11-14
Twin Cities Business
2025-10-22
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