AgriBank (St. Paul, MN) | Senior Vice President of ...

The Company AgriBank is a wholesale bank that is primarily owned by and supports Farm Credit Associations that provide loans and financial services to farmers, ranchers, and rural businesses and homeowners. We are one of the largest banks in the Farm Credit System, a national network of borrower-owned lending institutions.For more than 100 years, Farm Credit has been a reliable, consistent source of credit for the nation's farmers and ranchers. As customer-owned cooperatives, Farm Credit institutions are governed by the customers they serve and have a specific mission to support rural communities and agriculture - in good times and bad. Farm Credit loans help U.S. agricultural producers feed the world, rural businesses grow, and the rural economy thrive. Combined, Farm Credit organizations provide $385 billion in loans, which is approximately 46 percent of U.S. agriculture's credit needs. This capital helps more than 600,000 customers.As part of Farm Credit, AgriBank: Supports more than 433,000 farmers, ranchers and other rural customers through locally based Farm Credit AssociationsProvides lending and financial solutions to our local association-owners, who support the farmers, ranchers and agribusinesses who own their local Farm Credit cooperative associations.Operates from a foundation of financial strength, backed by more than $176 billion in assets.The 15-state AgriBank District covers America's heartland from Wyoming to Ohio and Minnesota to Arkansas, including: Coverage of nearly 40 percent of all U.S. farmland and more than half of U.S. croplandPenetrates all agricultural crop and livestock sectors, accounting for more than half the total value of all U.S. agricultural exports.Through serving this vital region, AgriBank and the Farm Credit Associations in our District have developed expertise in production agriculture. This expertise enables us to understand and meet the needs of those we serve.AgriBank, FCB is a Farm Credit funding bank that is part of the customer-owned, nationwide Farm Credit System (FCS). As one of four Farm Credit Banks, AgriBank obtains funds by issuing debt in the capital markets jointly with the other Farm Credit Banks through the Federal Farm Credit Banks Funding Corporation (Funding Corporation). Under Farm Credit's cooperative structure, AgriBank is primarily owned by local Farm Credit Associations, which provide financial products and services to farmers, ranchers, rural communities, and agriculture. AgriBank obtains funds and provides funding and financial solutions to those Associations, which, along with AgriBank, comprise the AgriBank District. The District covers a 15-state area stretching from Wyoming to Ohio and Minnesota to Arkansas. For more information, visit of the Position The Senior Vice President (SVP) Credit ensures AgriBank provides sound, constructive and profitable credit and financially related services. Under direction of the Chief Credit Officer (CCO), the SVP Credit oversees commercial lending function, providing guidance, establishing risk appetite, monitoring performance, provides leadership and direction for the Asset Pool Portfolio (including new pool programs and administration of existing pools), establishes and recommends for loan committee approval borrower exposure (at AgriBank and District levels), counterparty and industry limits, and oversees all credit and portfolio administration and management reporting activities in support of Credit department functions.Key Responsibilities Responsibilities of the role. Supervision Provides management, direction, and leadership to assigned functions within the Portfolio Management TeamPrimarily through the incumbent's direct reports, selects, develops, motivates and evaluates the performance of a diverse teamAllocates resources in order to achieve department goalsEstablishes internal processes and proceduresOn an ongoing basis, monitors performance to goals and takes action to help ensure that goals are achievedDetermines division of responsibilities and provides work guidance and directionProvides coaching and feedback relative to skills development of direct and indirect reportsDevelops and monitors the budget and other financial metrics for assigned areas of the Credit DepartmentCredit Leadership Leads the development and maintenance of Asset Pool program (5 distinct programs totaling $20 billion), including the development of new solutions, relationship with Association sponsors, and ongoing pool performance monitoring.Establishes and recommends for Loan Committee approval borrower hold limits, industry limits and other portfolio limits and oversees the monitoring and reporting of these limits to management and Board.Delegate or retain asset pool responsibilities as appropriate within the Lending Programs teamEnsure regulatory required supervisory activities are carried out effectively and efficiently (Excess and Official Prior Approvals)Makes loan and other credit-related decisions on lending, as allowed under delegated authorities, to associations, loan participations, and other lending programsInforms the AgriBank Board of Directors, the AgriBank Chief Executive Officer and Chief Credit Officer, and other executive management of credit direction, issues and retail loan trendsProvides management direction to other areas of the Credit group as assigned (i.e. insurance operations and Ag Risk Management group)Credit Administration Management Serves as Vice Chair of loan committee and has delegated loan authorities established by the Chief Credit OfficerManages, primarily through subordinate managers, the Bank credit reporting activities related to supporting all credit functions (wholesale loans, loan participations, other financial institutions (OFI's), and other lending programs)Guides credit reporting team to enhance management and board reportsDevelops and maintains credit and appraisal policies, standards and practices which ensure effective credit decision-making, loan servicing and monitoring and overall portfolio management within AgriBank and the District associationsWorks with VP Wholesale Lending and VP Lending Programs to ensure credit administration, board reporting and credit portfolio reporting are effectively supporting all credit functionsSystem Leadership Participates in and provides leadership through System committees consistent with the direction provided by AgriBank Chief Credit OfficerStrategic Leadership Participates in making strategic decisions and setting the strategic direction for AgriBank as designatedThe AgriBank Advantage You are the key differentiator in the marketplace and ultimately the most important factor in helping us fulfill our mission to support those who feed the world. We are committed to providing you with a competitive compensation and benefits package "” your total rewards for making significant contributions to our business and making a difference on behalf of those we serve.The typical base range for this role is between $233,000 - $380,000. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. The position is eligible for a discretionary annual incentive program driven by organization and individual performance.Qualifications for the Role Education and Experience Bachelor's degree in business, economics, finance, agribusiness or related field15 years of related experience10 years of supervisory experienceOr an equivalent combination of education and experience sufficient to perform the essential functions of the jobKnowledgeAdvanced knowledge of complex loan structuringAdvanced knowledge of agricultural industry and industry lending practicesAdvanced knowledge of syndicationsAdvanced experience in credit analysis and administrationAdvanced knowledge of accounting principles, applicable laws, statues, regulations, bankruptcy code and legal concepts and terminology used in multi-lender and capital markets lendinglending strategyAdvanced knowledge of micro- and macro-economic theory both domestic and international and their practical impact on borrowersAdvanced knowledge of relationship management conceptsSkills Expert skill in credit analysis and loan structuringExpert skill in credit administrationExpert customer service skills, including the ability to communicate complicated information, deliver bad news effectively, and exceed customer expectationsExpert skill in thinking strategically and setting organizational and operational direction leading to positive business outcomesExpert knowledge of agricultural industry and industry lending practicesSkill in analyzing complex technical data by using logic and quantitative reasoningSkill in establishing and maintaining relationships with a variety of internal and external organizations and individuals to advance the organization's interests and increase personal efficacySkill in selecting, managing, coaching, motivating and developing a diverse credit teamSkill in analyzing, integrating and documenting the business needs of multiple stakeholdersSkill in negotiating highly complex agreements to achieve the best outcome for the organizationSkill in setting priorities to reflect the importance of job responsibilitiesSkill in utilizing time in an efficient and effective mannerSE# 510706015

Created: 2025-01-22