American AgCredit · 21 hours ago
Portfolio Credit Officer - Retail
Salina, KS
Full-time
Hybrid
Senior Level
$71K/yr - $124K/yr
5+ years expAmerican AgCredit is a national financial system supporting those who feed, clothe, and fuel the world. The Portfolio Credit Officer - Retail is responsible for managing distressed Retail loans and ensuring customer needs are met through appropriate solutions and loan servicing.
AgricultureFinancial Services
No H1B
U.S. Citizen Only
Responsibilities
Act as both Relationship Manager and Underwriter and serve as the designated point of contact for distressed Retail loans (Non-CRG)
Act as Underwriter for CRG Retail loans. Work closely with CRG, particularly CRG Relationship Manager – Retail and CRG Operations, to efficiently serve the CRG Retail portfolio at a consistently high level
Act as the first line of defense in monitoring the Retail channel’s potentially distressed loans by examining past due reports and follow up with Retail customers with delinquent loan payments and work with them to determine if a new/different solution is needed. Determine potential stress/distress in accounts
Ensure that Distressed Loan Notices are sent to Retail customers in a timely manner. Prepare Distressed Loan Notice Checklists, submit Distressed Loan Notices and Proposals, and other mailings as necessary
Prepare Loan Service Plans for distressed/criticized Retail loans (both Non-CRG and CRG) and ensure that action plans, covenants, conditions, and task monitoring are up to date
Make sound decisions involving varied levels of risks and ambiguity
Complete the credit analysis and recommendation on various actions for existing customers. Actions include but are not limited to restructures, extensions, forbearances, releases, assumptions, conversions, charge offs, upgrades, compromises, and collections
Develop and prepare credit packages and loan servicing actions: Gather information necessary to make appropriate credit decisions. Review and analyze credit information presented; determine the need for more thorough investigation or additional information
Request appraisals and chattel evaluations, obtain third party verifications, obtain credit reports, and request lien searches as necessary
Complete 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. Formulate projections using historical financial data, current budgets and other information
Make recommendations on loan actions based on the Association’s Loan Underwriting Standards while complying with Borrower Rights Regulations. Participates in credit discussions as needed
Determine and review legal and loan documentation
Accurately identify the credit risk by completing credit analysis to determine credit worthiness, risks/mitigates, appropriate collateral, and suitable structure. Analysis may include but is not limited to financial information, pricing, Least Cost Analysis, Troubled Debt Restructures, Net Realizable Value, and narratives. Request, obtain, and review real estate and chattel evaluations, third party verifications, credit reports, business entity searches, and lien searches as necessary
Approve per Delegated Lending Authority or make approval recommendations on loan actions based on Association Loan Underwriting Standards while complying Borrowers Rights Regulations
Assist in Association reporting requirements when necessary
Assist with developing training and/or mentoring to the Association staff on distressed loan management processes. Assist staff in discussions about distressed credits
Assist with any special projects as needed. Travel is required
Demonstrate ability to assess multiple tasks or issues which are competing for a limited amount of time or resources and determine the order in which each will be addressed; set priorities, goals, and timetables to achieve maximum productivity
Take initiative for learning and development by acquiring and refining of technical, procedural, and professional skills needed in job related areas; proactively seek performance feedback and identify approaches to improve own performance
Interact and communicate regularly, collaboratively, and effectively with management and staff within the division and across the Association
Perform other duties as assigned
Qualification
Required
BA/BS degree with emphasis on agribusiness, business administration, or equivalent
At least 5 years of progressively responsible banking or related agricultural lending experience
At least 2 years of progressively responsible experience in working on distressed credits
Strong credit and analytical skills
Demonstrated 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
In-depth understanding of the product offerings of American AgCredit and thorough understanding of the external marketplace
Demonstrated proficiency in organizing and prioritizing work to meet deadlines
Strong written and verbal communication skills
Demonstrated ability to engage with others
Strong persuasive and interpersonal skills
Proficient in use of PC, including word-processing, e-mail, and electronic spreadsheet software
Must have the ability to perform basic office tasks and work in a typical office setting
Employee will be sitting for extended periods of time and accomplishing work at a desk and work 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, and use their hands and fingers, and reach in all directions is essential in performance of the job
Some lifting and moving of items up to 25 pounds required
Work during established business hours and may require occasional weekend and/or evening work
Position requires the ability to travel up 10%-25%
Benefits
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
Company
American AgCredit
American AgCredit is a borrower-owned association chartered through the Farm Credit System.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Curt Hudnutt
President and CEO
Recent News
MarketScreener
2025-10-03
The North Bay Business Journal
2024-03-28
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