AgCarolina Farm Credit
Special Assets Management (SAM) Loan Officer
AgCarolina Farm Credit, Greenville, North Carolina, United States, 27834
Job Description
Special Assets Management (SAM) Loan Officer - office choice of Fayetteville, Greenville, Raleigh, Louisburg or Elizabeth City (with eligibility to work part-time remote after 1 year)
The right person for the job will maintain an assigned portion of the Association's high-risk loan portfolio and will be charged with the goal of returning the loan to accrual status or proper liquidation. This job requires an ability to interpret, analyze, and make credit decisions based on financial data use the five credit factors under the guidelines of differential analysis, while also managing potential risk factors. You should be able to clearly communicate and support your recommendations to management and peers. You should enjoy the challenge of managing high-risk loans in a work culture that welcomes and respects strong analytical skills, attention to detail, timely decision making, and candid conversations.
If you:have strong interest or knowledge in managing high-risk loan accounts effectively and efficientlyhave an entrepreneurial spirit that involves innovation, creativity, vision, and productivity as it relates to high-risk loansunderstand agriculture and rural communitiesare looking for the excitement of being part of the solution to agricultural financing, which benefits both our state and our nationwant more excitement, challenges, and rewards for your effortswant to be part of a dynamic team and company, with a great work culturethen you might be the person we are looking for!
The SAM Loan Officer will contribute to all business objectives including "Responsibility Lead the Co-Op". This position would report to the SAM Manager.
How you will impact AgCarolina Farm Credit:
Manages an assigned portion of high-risk loan portfolio resulting in the return of the loan to accrual status or liquidation.Manages assigned bankruptcy accounts to ensure timely filing of necessary documents and effective protection of the Association's interestsActively works with borrowers and lending staff to facilitate loan restructuringMaintains complete understanding of borrower rights and its purpose to facilitate the Association's commitment to serve agriculture and rural communitiesMakes recommendations for foreclosures, foreclosures bid strategy, charge off and return of accounts to accrual statusGather, analyze, and reconcile credit and financial data to determine risk and make timely and accurate decisions based on 5 c's of creditDetermine appropriate controls and monitors follow-up on servicing plans on assigned accountsReviews and submits complete loan packagesCoordinates activities on litigated loans with both internal and/or external counselAnalyzes and evaluates financial information to determine desirability of negotiated settlement requestsCollaborate effectively with team members and neighboring departmentsDemonstrate a commitment to fair lending practices and borrower rights and application of borrower rightsBuild and maintain a positive working relationship with others to enhance the Association's reputation in the marketWhat you need to succeed:
Education and/or experience equivalent to Bachelor's degree in business, finance, accounting or agricultural economics3 to 5 years of experience of related agricultural lending experience, collection experience, and/or proven performanceSelf-starter with strong analytical, judgement, and communication (oral and written) skillsAbility to be assertive and decisive in arriving at sound business decisions that serve the best interest of the Association and the borrowerCapability to handle high stress situations in both a business and professional mannerFull understanding of 5 C's of credit: capacity, capital, conditions, character, and collateralComputer experience with intermediate skills in Windows, Microsoft Word, Microsoft Excel, and PowerPointQuick learner, strong problem solver, and adaptableWork independently under general supervisionFoster and promote a team atmosphereGeneral knowledge of computers and Microsoft OfficeAgricultural background preferredLending experience preferredWhat we offer:
Competitive pay, including eligibility for incentive payComprehensive benefits (medical, dental, life, LTD, and others)Company-matched 401(k) (100% match of the first 6% you defer)Commitment to training and professional developmentMeaningful work that allows one to make a difference in agricultural and rural communities.Opportunities for work-life balanceA great work environment with colleagues who have a shared commitment to our core valuesInterview Process:Applications received within the first 2 weeks of posting date will receive priority consideration. The position will remain open, however, until the vacancy is filled.Phone Screen with AgCarolina HR RepresentativeIn-person interview
It is the policy of AgCarolina to provide equal employment opportunities without regard to race, color, religion, sex, pregnancy, childbirth or related conditions, national origin, age, disability, marital status, veteran status, sexual orientation, genetic information, or any other protected characteristic under applicable law.
About Us
Headquartered in Greenville, North Carolina, AgCarolina Farm Credit offers career opportunities throughout Eastern North Carolina. We service the needs of part-time and full-time farmers, as well as the mortgage credit needs of rural homeowners. Federally chartered and a part of the national Farm Credit System, we are locally owned by our members. As we work together, we can help you achieve your goals and dreams, while strengthening our communities.
AgCarolina Farm Credit is the largest ag lending cooperative operating in North Carolina with a local presence throughout the territory. The Association has approximately $3.1 billion in gross loan volume, serving more than 6,000 members.
Our purpose at AgCarolina Farm Credit (ACA) is to serve the agricultural industry and our rural communities, yielding a more prosperous future for all. We are committed to providing constructive credit and financial services to grow the success of our members, one local relationship at a time.
We believe that an inclusive team of employees is the best way to serve our agricultural and agribusiness customers. Consistent with our core value of welcoming diversity, equity, and inclusion, we seek to involve all employees, our management team, and our board in fostering an environment that encourages and acknowledges the positive contributions individuals from all backgrounds can make in the success of our organization. By embracing and leveraging our unique strengths we establish ourselves as a positive corporate citizen and an employer of choice.
We are committed to attracting and developing an outstanding team of employees and supporting each one to achieve his or her full potential. Our success at AgCarolina
GROWS
by:
G rowing our people and associationR elationships built on respect, trust, and integrityO wning responsibility for our attitudes, actions, and job performanceW elcoming diversity, equity, and inclusionS erving one another, members, and local communities
Special Assets Management (SAM) Loan Officer - office choice of Fayetteville, Greenville, Raleigh, Louisburg or Elizabeth City (with eligibility to work part-time remote after 1 year)
The right person for the job will maintain an assigned portion of the Association's high-risk loan portfolio and will be charged with the goal of returning the loan to accrual status or proper liquidation. This job requires an ability to interpret, analyze, and make credit decisions based on financial data use the five credit factors under the guidelines of differential analysis, while also managing potential risk factors. You should be able to clearly communicate and support your recommendations to management and peers. You should enjoy the challenge of managing high-risk loans in a work culture that welcomes and respects strong analytical skills, attention to detail, timely decision making, and candid conversations.
If you:have strong interest or knowledge in managing high-risk loan accounts effectively and efficientlyhave an entrepreneurial spirit that involves innovation, creativity, vision, and productivity as it relates to high-risk loansunderstand agriculture and rural communitiesare looking for the excitement of being part of the solution to agricultural financing, which benefits both our state and our nationwant more excitement, challenges, and rewards for your effortswant to be part of a dynamic team and company, with a great work culturethen you might be the person we are looking for!
The SAM Loan Officer will contribute to all business objectives including "Responsibility Lead the Co-Op". This position would report to the SAM Manager.
How you will impact AgCarolina Farm Credit:
Manages an assigned portion of high-risk loan portfolio resulting in the return of the loan to accrual status or liquidation.Manages assigned bankruptcy accounts to ensure timely filing of necessary documents and effective protection of the Association's interestsActively works with borrowers and lending staff to facilitate loan restructuringMaintains complete understanding of borrower rights and its purpose to facilitate the Association's commitment to serve agriculture and rural communitiesMakes recommendations for foreclosures, foreclosures bid strategy, charge off and return of accounts to accrual statusGather, analyze, and reconcile credit and financial data to determine risk and make timely and accurate decisions based on 5 c's of creditDetermine appropriate controls and monitors follow-up on servicing plans on assigned accountsReviews and submits complete loan packagesCoordinates activities on litigated loans with both internal and/or external counselAnalyzes and evaluates financial information to determine desirability of negotiated settlement requestsCollaborate effectively with team members and neighboring departmentsDemonstrate a commitment to fair lending practices and borrower rights and application of borrower rightsBuild and maintain a positive working relationship with others to enhance the Association's reputation in the marketWhat you need to succeed:
Education and/or experience equivalent to Bachelor's degree in business, finance, accounting or agricultural economics3 to 5 years of experience of related agricultural lending experience, collection experience, and/or proven performanceSelf-starter with strong analytical, judgement, and communication (oral and written) skillsAbility to be assertive and decisive in arriving at sound business decisions that serve the best interest of the Association and the borrowerCapability to handle high stress situations in both a business and professional mannerFull understanding of 5 C's of credit: capacity, capital, conditions, character, and collateralComputer experience with intermediate skills in Windows, Microsoft Word, Microsoft Excel, and PowerPointQuick learner, strong problem solver, and adaptableWork independently under general supervisionFoster and promote a team atmosphereGeneral knowledge of computers and Microsoft OfficeAgricultural background preferredLending experience preferredWhat we offer:
Competitive pay, including eligibility for incentive payComprehensive benefits (medical, dental, life, LTD, and others)Company-matched 401(k) (100% match of the first 6% you defer)Commitment to training and professional developmentMeaningful work that allows one to make a difference in agricultural and rural communities.Opportunities for work-life balanceA great work environment with colleagues who have a shared commitment to our core valuesInterview Process:Applications received within the first 2 weeks of posting date will receive priority consideration. The position will remain open, however, until the vacancy is filled.Phone Screen with AgCarolina HR RepresentativeIn-person interview
It is the policy of AgCarolina to provide equal employment opportunities without regard to race, color, religion, sex, pregnancy, childbirth or related conditions, national origin, age, disability, marital status, veteran status, sexual orientation, genetic information, or any other protected characteristic under applicable law.
About Us
Headquartered in Greenville, North Carolina, AgCarolina Farm Credit offers career opportunities throughout Eastern North Carolina. We service the needs of part-time and full-time farmers, as well as the mortgage credit needs of rural homeowners. Federally chartered and a part of the national Farm Credit System, we are locally owned by our members. As we work together, we can help you achieve your goals and dreams, while strengthening our communities.
AgCarolina Farm Credit is the largest ag lending cooperative operating in North Carolina with a local presence throughout the territory. The Association has approximately $3.1 billion in gross loan volume, serving more than 6,000 members.
Our purpose at AgCarolina Farm Credit (ACA) is to serve the agricultural industry and our rural communities, yielding a more prosperous future for all. We are committed to providing constructive credit and financial services to grow the success of our members, one local relationship at a time.
We believe that an inclusive team of employees is the best way to serve our agricultural and agribusiness customers. Consistent with our core value of welcoming diversity, equity, and inclusion, we seek to involve all employees, our management team, and our board in fostering an environment that encourages and acknowledges the positive contributions individuals from all backgrounds can make in the success of our organization. By embracing and leveraging our unique strengths we establish ourselves as a positive corporate citizen and an employer of choice.
We are committed to attracting and developing an outstanding team of employees and supporting each one to achieve his or her full potential. Our success at AgCarolina
GROWS
by:
G rowing our people and associationR elationships built on respect, trust, and integrityO wning responsibility for our attitudes, actions, and job performanceW elcoming diversity, equity, and inclusionS erving one another, members, and local communities