Provides professional support to the Association’s Capital Markets and Agribusiness Lending through underwriting, negotiating, structuring, and monitoring of portfolio companies. The subject portfolio comprises directly originated and participated as well as broadly syndicated leveraged loans sourced from primary and secondary markets. The position will cover middle-market through upper-middle-market companies in a wide range of industries, including agribusiness, food and beverage, industrials, forest products, telecommunications, and renewables-related industries. The position will have appreciable latitude for decision-making and work under limited supervision.
Education and Experience Requirements:
Bachelor’s degree in Business Administration, Finance, Accounting, a related field, or equivalent experience and 4-6 years of progressively responsible banking or related corporate credit experience.
General knowledge of accounting/financial systems; specialized knowledge of accounting/finance principles; skill in oral and written communication skills; ability to perform accounting and financial analyses under limited supervision; advanced skill level in Microsoft Office applications.
- Assess the credit and financial strength of the Association’s Capital Markets portfolio by performing fundamental credit analysis on individual portfolio companies.
- Maintain and build financial models to incorporate the forward-looking risk assessment on key value drivers.
- Prepare materials to recommend loan investment opportunities, extensions, and amendments to senior leadership for approval.
- Analyzes financial information, including balance sheets, income statements, and cash flows of potential opportunities, to ascertain creditworthiness. Determines internal Probability of Default (PD) and Loss Given Default (LGD) ratings as appropriate.
- Performs ongoing due diligence and monitoring of portfolio companies ensuring that all assigned loans are properly risk-rated and performance status assignments are proper.
- Complies with proper credit administration practices outlined in the Association’s policies and procedures.
- Performs loan servicing tasks including but not limited to partial releases, subordinations, reamortizations, assumptions, severance agreements, amendments, and insurance claims.
- Assists management with collections on all loans in the portfolio. Works with upstream lenders and delinquent borrowers to obtain satisfactory loan performance.
- Review and understand complex credit agreements ensuring they are substantively similar to underwritten terms.