Credit Officer

Oklahoma AgCredit•Edmond, OK

About The Position

Oklahoma AgCredit provides loans, leases and financial services to farmers, ranchers and rural businesses and homeowners in 60 of 77 counties in Oklahoma. We are part of the Farm Credit System that supports rural communities and agriculture with reliable and consistent credit. We are headquartered in Edmond, Oklahoma. Learn more at www.okagcredit.com. Credit Officer (Edmond, OK or Stillwater, OK) Summary: The Credit Officer analyzes and approves applications for new loans and renewals on existing PCA loans.

Requirements

Bachelor’s degree in Agricultural Economics, Agribusiness, Business, Accounting, Finance or equivalent
General knowledge of accounting, credit and economic principles, practices and methods
General knowledge of credit and economic principles
Knowledge of Word/Excel/Outlook sufficient to create, update and save basic documents
Skill in reading and understanding income statements, balance sheets, tax returns and other financial reports.
Skill in applying processes and procedures to factual data to make a logical decision
Skill in analyzing information to formulate logical and objective conclusions
Oral and written communication skills, sufficient to exchange information effectively with peers, supervisor and customers

Responsibilities

Verify a complete borrower packet prior to starting analysis.
Enters and analyze customer financial documents and information utilizing the established software programs
Review reporting output from scorecard and interprets results (if applicable)
Analyzes credit to determine borrower’s Probability of Default (PD) and Loss Given Default (LGD) upon receipt of completed appraisal or PPV
Makes final credit decisions within delegated authority and recommends credit decisions above delegated authority
Determine approvals or denials based on Association underwriting standards
Communicates status updates to Loan Officers throughout the Association
Determines loan requirements
Notifies lending officer of decision
Provides information to Loan Processing Team (LPT) and lending officer for the preparation of loan documents
Gathers information and data
Runs, compiles and analyzes monthly and quarterly reports for Executives and/or Board of Directors
Customer visits as appropriate
Attend regional marketing events to assist with borrower relations and OAC brand awareness
Assist regional marketplace with patronage events
Attends internal and external training meetings and conferences
Assist with mentoring and training team members or interns
Review all credit related policies and procedures in PolicyTech