Lead Credit Officer - Digital Infrastructure
Company: CoBank
Location: Englewood
Posted on: May 6, 2024
|
|
Job Description:
Benefits Overview:A career at CoBank can offer you the
opportunity to make a personal impact on the people and communities
where we do business. When you choose a career with CoBank, you
make a difference by standing for something that matters. In order
to be the best, we hire the best!Remarkable Benefits Offered by
CoBankCareers with a purpose. Stand for something!Time-Off
Packages-15 days of vacation, 10 paid sick days and 11 paid
holidaysCompetitive Compensation & IncentiveHybrid work model:
flexible arrangements for most positionsBenefits Packages,
including Medical, Dental and Vision coverage, Disability,
AD&D, and Life InsuranceRobust associate training and
development with CoBank UniversityTuition reimbursement for higher
education up to $10k per yearOutstanding 401k: up to 6% matching
and additional 3% non-elective contributionCommunity Impact: United
Way Angel Day, Volunteer Day and Associate Directed
ContributionAssociate Resource Groups: creating a culture of
diversity and inclusionRecognize a fellow associate through our GEM
awardsJob Description:This is an exciting and challenging
opportunity to be an integral cash flow underwriting and credit
resource within the constantly evolving Digital Infrastructure
industry. This role supports a seasoned and diverse sales team
responsible for growing CoBank's highly profitable Digital
Infrastructure portfolio through high profile, highly structured
cash flow transactions to a diverse set of companies within a
dynamic industry that includes fiber transport, datacenters,
wireless, broadband, cable, competitive fiber and traditional phone
providers. We are looking for a highly engaged, self-motivated
team-player that is able to identify key transaction risks,
exercise sound credit judgment and help develop unique financing
and structuring solutions for a diverse customer base.Functions as
the technical credit expert and advisor within the Digital
Infrastructure Banking Group. Understands, articulates, and
implements best practices related to the Digital Infrastructure
industry. Analyzes the current, historical, and projected financial
condition and repayment capacity of the bank's largest and most
complex borrowers. Evaluates validity of borrower business plan
based on assessment of industry outlook, competition, technology,
management, and overall capital structure. Prepares clear,
substantive, credit reports and presents those credit reports for
loan committee in conformity with bank policies and procedures.
Assists and advises account officers on appropriate loan structure
and overall account management strategies. Takes a leadership role
in account servicing, credit administration, collateral and
compliance monitoring and other high-level administrative
responsibilities to assist the account officers in managing the
overall lending relationship. Approves or co-sponsors credits
within prescribed credit limits. Functions as a mentor and expert
advisor to other credit professionals and relationship management
staff. Adds value to account relationships and supports the
achievement of profitability and credit quality goals through
interactions with staff and customers. Completes special projects
and participates and authors industry research as
requested.Essential Functions:Provides leadership, monitors
progress, reports status, and provides appropriate technical,
industry, and functional knowledge to credit and relationship
management staff.Provides deep and unique expertise in assigned
industries or market sectors. Keeps abreast of industry trends and
competitive environment.Maintains a close relationship with the
credit and relationship management staff including managing
communications and credit processes.Provides first level expert
advice/assistance on procedures and work methods for others.
Provides mentoring to credit and relationship management
staff.Reviews audits, interim statements, projections, and other
pertinent financial information to provide analysis of financial
trends. Acquires information from published industry reports, trade
groups, journals, and other external sources to supplement and
enhance the analysis of information provided by the
borrower.Identifies strengths and weaknesses of the borrower and
evaluates specific risks to the bank. Prepares projection models to
test loan-structuring alternatives. Evaluates validity of the
borrower's business plan based on an assessment of the industry
outlook, competition, technology, management, and capital
structure. Provides estimates of company and/or collateral
value.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 and officers on credit activities. Offers opinions
concerning credit-worthiness. Oversees the credit approval process.
Understands and follows bank guidelines, policies, and procedures
for the preparation and presentation of credit information.Leads
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. Takes a lead role in managing credit administration,
account servicing, development, loan structuring, packaging, loan
closing, documentation, and monitoring.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.Conducts internal research and
analysis, provides statistical reports, and verifies information.
Prepares and delivers presentations on topics as
assigned.Identifies areas for improvement in templates,
spreadsheets, programs, systems, and procedures used in credit
origination process. Proposes possible solutions to
problems.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 or
officers.Education:Bachelor's Degree requiredWork Experience:8
years of credit experience in banking industry. requiredPhysical
Exertion Details:Sedentary Exerting up to 10 pounds of force
occasionally (Occasionally: activity or condition exists up to 1/3
of the time) and/or a negligible amount of force frequently
(Frequently: activity or condition exists from 1/3 to 2/3 of the
time) to lift, carry, push, pull, or otherwise move objects,
including the human body. Sedentary work involves sitting most of
the time, but may involve walking or standing for brief periods of
time. Jobs are sedentary if walking and standing are required only
occasionally and all other sedentary criteria are met.Travel
Requirement Details:Occasional Travel occurs infrequently
(typically, once a month or less).About CoBank:The typical base pay
range for this role is between $115,000-160,000. Compensation may
vary based on individual job-related knowledge, skills, expertise,
and experience. This position is eligible for a discretionary
annual incentive program driven by organization and individual
performance.The listed salary, other compensation and benefits
information is accurate as of the date of this posting. CoBank
reserves the right to adjust compensation for all positions and to
modify or discontinue benefits programs at any time in its sole
discretion, subject to applicable law.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.REASONABLE
ACCOMMODATIONWe are committed to ensuring that our online
application process provides an equal employment opportunity to all
applicants, including qualified individuals with disabilities. If
you are an applicant with a disability, or are assisting an
applicant with a disability, and require accessibility assistance
or would like to request a reasonable accommodation for any aspect
of the application process, including completing an application,
interviewing, or otherwise participating in the employee selection
process, please submit a request by emailing . Include your contact
information and specific details about your requested
accommodation.Applicants must be authorized to work for any
employer in the U.S. We are unable to sponsor or take over
sponsorship of an employment visa at this time.CoBank is an Equal
Opportunity EmployerAll qualified applicants will receive
consideration for employment without regard to race, color,
religion, sex, sexual orientation, gender identity, national
origin, disability, or status as a protected veteran.
Keywords: CoBank, Vail , Lead Credit Officer - Digital Infrastructure, Other , Englewood, Colorado
Click
here to apply!
|