Asset and Credit Operations Examiner II

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!

Benefits Offered by Co Bank

• Careers with a purpose
• Time-Off Packages, 15 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

Conducts credit quality, credit administration and credit operational reviews within the Bank, District Associations, and other financial companies as required. Serves as the Examiner-in-Charge for a diverse assignment of loan portfolios, with responsibility for developing loan review activity plans, coordinating and overseeing review activity, and preparing professional reports for distribution to senior management. Identifies specific and general areas of concern as well as recommends process and credit administration enhancements based on the results of review activity.

Analyzes financial statements, credit narratives, spreadsheets, and supporting loan and legal documentation in order to fully analyze, report, and make recommendations during the course of a review. Assists both the internal and external audit and review functions with credit-related programs and activities. Coordinates review activity with other areas within the Risk Management Group and with outside contract examiners as applicable, and serves as an official liaison for the Asset Review division when conducting review activity.

Essential Functions

• Identifies and completes continued education requirements, in line with Asset Review guidelines, as well as specific training opportunities developing leadership skills or specific credit expertise.
• Leads the initial risk assessment activity for loan portfolios within the Bank and at District Associations including, but not limited to, summarizing key risk factors from the review of regulatory and portfolio reporting as well as identifying key control areas to be tested during review activity.
• Schedules and coordinates review activity as the Examiner-in-Charge for assigned portfolios with the Bank and within District Associations as well as other finance companies as applicable. Ensures that activities meet the timeliness objectives of Asset Review guidelines, while managing the relationship to ensure minimum disruption to business operations.
• Conducts ongoing credit, credit operations and documentation reviews for all portfolios covered by the Asset Review division to ensure completion of the annual Asset Review plan, as developed by the VP of Asset Review. Review activities include an assessment of promissory notes pledged as collateral to ensure that notes are appropriately reported for quality and meet the underwriting standards and servicing requirements specified in the loan agreements.
• Assures development of a coordinated and complete set of work-papers, documenting the results of the analysis of reviewed portfolios according to Asset Review guidelines.
• Serves as the Examiner-in-Charge for assigned portfolios including, but not limited to, the development of review activity plans, coordination of credit and operations reviews, performing quality control assessments on review activity, and reporting material findings.
• Summarizes findings related to credit classification and administration, and capital and loan loss provision adequacy for presentation to Bank senior management, District Association management, boards of directors and regulatory agencies.
• Prepares trip reports on activities reviewed for submission to management.
• Participa…