Loan Officer Associate April 15, 2021

April 15, 2021, Central Texas Farm Credit, San Angelo, TX

Salary: Commensurate with experience and qualifications.


Company Profile

Central Texas Farm Credit, ACA is a financial institution that provides loans for agriculture, agribusiness, as well as farm and ranch real estate. The institution is headquartered in Early and has seven branch offices located in Brady, Early, Coleman, Comanche, Haskell, San Angelo, and San Saba which service 20 counties in central Texas. We have been part of the Farm Credit System, the national source of financing for agriculture and rural America, for more than 100 years and have total assets in excess of $600 million.

Job Purpose and Scope

The primary scope of this position is to support business development efforts by providing support for the branch manager and loan officer(s) in the branch office with data input, analysis, risk determination, and coordination of loan closing with title companies. Recommends or approves small, routine loans in assigned territory within the limits of specific delegated authority. May develop or manage portfolios including loan originations in the trade area of the association. Has prescribed limits for decision making; works under moderate supervision. Duties will vary depending upon staffing in the branch office and the working style of the branch lending staff.

Essential Functions

  • Assists prospective and current borrowers with their credit needs and with formulating solutions to credit related issues.
  • Makes and services loans and leases within delegated authority and in accordance with association policies. Makes and/or conveys decisions on loan approval, structure and pricing. Responsible for exercising credit risk management responsibilities on loans within area of responsibility.
  • Works closely with more senior loan officers and other staff to gain a sound understanding of credit analysis. Conducts simple credit analyses. Analyzes balance sheets, income statements, and cash flows of potential borrowers to ascertain creditworthiness. Maintains current, adequate and verified financial information on borrowers and guarantors as required by association policy.
  • Performs loan servicing tasks, which may include partial releases, subordinations to mineral leases and right of ways, division orders, re-amortizations, assumptions, severance agreements, insurance claims, additional advances, extensions and conversions.
  • Assists loan officers with data input, credit and financial analysis, risk determination, monitoring and due diligence on existing loans and any new loan applications.
  • Determines probability of default ratings on credit packages and makes a recommendation to approve or deny the applications.

Summary of Desired/Required Education and Experience Requirements

  • A general knowledge of accounting/financial systems with specialized knowledge of accounting/finance principles to be able to perform basic analyses under moderate supervision. Strong oral and written communication skills. Basic skill level in Microsoft Office applications.
  • Bachelor’s degree in Finance, Business Administration, Agriculture Economics or a related field, or equivalent experience with one (1) years’ experience, or more in the lending field or in a related area, preferably including administration and analysis of credit.
  • Strong work ethic that supports a willingness to handle multiple tasks with efficiency and accuracy.

To Apply

If you meet the minimum qualifications and would like to be considered for this position, please forward a current resume along with salary history to:

Central Texas Farm Credit, ACA
P.O. Box 841
San Angelo, Texas 76902
ATENTION: Wade Polk, VP - Branch Manager

This position is currently open and will close when filled.

At the sole discretion of Central Texas Farm Credit, individuals with less than minimum experience requirements may be considered with the position adjusted to a commensurate title.

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Principals only. Recruiters, please don't contact this job poster.

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