Vice President, Managing Director, Financial Sponsors

Position: Sector Vice President, Managing Director, Financial Sponsors
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. In order to be the best, we hire the best!

Remarkable Benefits Offered by Co Bank

• Careers with a purpose
• Time-Off Packages, 20 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education up to $10k per year
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
• Community Impact:
  United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

Responsible for the operation of the bank's Financial Sponsors Coverage Team in support of the Board of Directors approved business and financial plan. Manages the overall relationship and credit teams responsible for the portfolio businesses owned by Financial Sponsors and other non-traditional investors, whose investments are concentrated within the food, beverage, and agribusiness sectors. Works with team to develop, market, and underwrite comprehensive financial solutions for customers involving all CoBank products and services.

Manages directly and indirectly the overall profitability and credit quality of the loan portfolio. Approves or recommends credit decisions as appropriate. Supervises the implementation of marketing and account servicing plans. Provides value-added advisory and credit structuring consultation to customers, relationship managers, and credit underwriting. Maintains effective relationships with governmental, industry, and financial groups to enhance financial performance and business effectiveness.

Supports CoBank's engagement of and collaboration with the Farm Credit System. Advances their team's assigned functional specialization.

Essential Functions

• Provides leadership, organization, staffing, development, direction, and day-to-day management for the Financial Sponsors Coverage Team to ensure effective allocation of resources to support the achievement of strategic objectives and CoBank's business plan.
• Manages Financial Sponsors through effective organization of resources to ensure growth, profitability, sound lending, and superior customer service consistent with the directives of board and executive management. Provides consistent direction and develops internal controls which enhance achievement of the bank and group goals while encouraging and developing a marketing focus for the group.
• Effectively communicates goals and objectives internally and externally so that customer satisfaction is maintained at high levels and the group/division business objectives are attained.
• Develops and implements marketing and business development strategies which emphasize leadership and agency roles for CoBank and the Farm Credit System, new business, fee income, and the cross-selling of the bank's suite of financial products and services.
• Complies with the bank's board approved portfolio strategy.
• Works with other units of the bank to assure that the Farm Credit System Cooperation Philosophy is successfully executed.
• Provides appropriate strategic leadership, and builds a cohesive team that is focused on both internal and external customers and that is capable of partnering effectively across the firm.
• Establishes and maintains contacts at the highest levels with important stakeholders who can have a positive impact on the bank's overall image, operations, and ability to develop new business.
• Oversees the preparation of the operating budget for areas of responsibility.
• Monitors the achievement of budgetary goals for areas of responsibility and is ultimately responsible for their profitability.
• Responsible for compliance with regulatory requirements, and internal policy and procedures to ensure a robust controls environment.
• Partic…