Who we are:
Farm Credit Bank of Texas is a $42.2 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 Sr Credit Officer I provides senior-level credit analysis, underwriting, and portfolio servicing support for assigned participation accounts and offerings, with responsibility for evaluating complex commercial and agricultural credits, exercising delegated lending authority where authorized, and preparing recommendations for matters requiring higher approval. The role supports association relationship management, direct and OFI lending program evaluation, and development of lending practices and operating procedures, while contributing industry, peer group, and portfolio analysis that informs sound credit decision-making, portfolio risk management, and Bank lending strategy.
Day-to Day-Duties and Responsibilities:
- Perform financial analysis, credit administration, portfolio monitoring, and due diligence on official loans, excess loans, and loan participation packages received from district associations or other commercial lenders.
- Act on association official loans, excess loans, prior approval loans, and loan servicing actions within delegated authority and prepare recommendations for loan committee consideration on transactions exceeding delegated authority.
- Interpret, communicate, and provide guidance to associations regarding sound lending practices, credit expectations, and applicable lending procedures.
- Interpret and address legal, title, and related issues that arise in connection with assigned loans and credit relationships.
- Assist in developing and administering lending programs and in developing and revising operating procedures related to lending operations.
- Assist management in evaluating the Bank's direct lending and Other Financing Institution lending programs.
- Assist district associations in the development and closing of complex loans through credit analysis, structuring input, and negotiation support.
- Develop loan participation and correspondent banking relationships with other lenders and manage and supervise assigned participation loan relationships in accordance with supervisory direction.
- Prepare industry analysis, peer group analysis, portfolio analysis, and other special project work as assigned.
- Assist other Bank personnel in completing coordinated projects as assigned.
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.
It's an important role that covers many skills. This position requires:
Required
- Bachelor's degree in agricultural economics, finance, business administration, or another related business field, or commensurate experience,
- Seven (7) to ten-plus (10+) years of experience in all facets of lending, including the marketing, extension, administration, and analysis of commercial credits and agricultural production loans,.
- Experience analyzing complex credits and negotiating and administering large loans over Five Million Dollars ($5,000,000).
- Experience working with management and senior loan officers of other financial institutions in structuring and evaluating official loans, excess loans above delegated authorities, loan participations, and direct loan or correspondent lending relationships.
- Demonstrated expertise in credit administration, financial analysis, loan analysis software, accounting standards, credit policies, and lending procedures.
Preferred
- Experience supporting lending program development, operating procedure revision, and portfolio analysis within a regulated financial services environment is preferred.
- Experience working with agricultural production loans, mortgage loans, and complex commercial credits is preferred.
- Experience develop