Account Resolution Officer
Fargo, ND, US, 58108 Devils Lake, ND, US, 58301 Lisbon, ND, US, 58054 Willmar, MN, US, 56201 Carrington, ND, US, 58421 Madison, MN, US, 56256 Aberdeen, SD, US, 57401 Stevens Point, WI, US, 54482 Olivia, MN, US, 56277 Roseau, MN, US, 56751 Alexandria, MN, US, 56308 Thorp, WI, US, 54771 Yankton, SD, US, 57078 Crookston, MN, US, 56716 Fosston, MN, US, 56542 Huron, SD, US, 57350 Redwood Falls, MN, US, 56283 Williston, ND, US, 58801 Medford, WI, US, 54451 Cavalier, ND, US, 58220 Bottineau, ND, US, 58318 Valley City, ND, US, 58072 Graceville, MN, US, 56240 Litchfield, MN, US, 55355 Wahpeton, ND, US, 58075 Marshall, MN, US, 56258 Bowbells, ND, US, 58721 Sioux Falls, SD, US, 57108 Watertown, SD, US, 57201 Ada, MN, US, 56510 Hallock, MN, US, 56728 Rugby, ND, US, 58368 Langdon, ND, US, 58249 Thief River Falls, MN, US, 56701 Mitchell, SD, US, 57301-7248 Minot, ND, US, 58702 Detroit Lakes, MN, US, 56501 Morris, MN, US, 56267 Pierre, SD, US, 57501 Elbow Lake, MN, US, 56531 Grand Forks, ND, US, 58208-3570 Hillsboro, ND, US, 58045 Mobridge, SD, US, 57601 Crosby, ND, US, 58730 Fergus Falls, MN, US, 56537 Jamestown, ND, US, 58401 Minneapolis, MN, US, 55426 Minot, ND, US, 58701 Warren, MN, US, 56762 Grafton, ND, US, 58237-2225 LaMoure, ND, US, 58458 Wausau, WI, US, 54402 Marshfield, WI, US, 54449
AgCountry Farm Credit Services (AgCountry), Farm Credit Services of America (FCSAmerica) and Frontier Farm Credit are financial cooperatives that operate under shared management across eight states. While each association is owned by its local farmers and ranchers, they collaborate by pooling resources, expertise, and talent to provide affordable credit, crop insurance, and financial services.
Our associations are united by a common mission and commitment to serving rural America and supporting each other, which drives the success of the farmers, ranchers, and agribusiness we serve. We take pride in being a great place to work, and this enthusiasm is reflected in the relationships our team members foster with one another and with our customers.
Job Summary
*Incumbent must work within the AgCountry territory or South Dakota and be willing to travel to the AgCountry territory. This position will be responsible for AgCountry market CART loans.*
In this role, you’ll manage an assigned complex loan portfolio with emphasis on reduction of stressed assets through restructuring, borrower counseling and resolution of distressed accounts. Serve customers by processing loan servicing requests and loan restructuring requests originated in a defined region. Provide timely loan processing incorporating sound decisions on the loan structure, terms and conditions, pricing, and documentation. Provide counseling to Credit Analysts, Financial Officers, and Relationship Officers on loan structure, terms and conditions, pricing, and documentation for loans with significant credit weakness.
Essential Duties & Responsibilities
- Manage assigned portfolio in accordance with the Associations’ and AgriBank policies and procedures resulting in the greatest net return/best business decision. Primary responsibility is reduction of non-earning assets through restructuring, borrower counseling and/or collection and resolution of distressed loans. Analyze customer financial statements; which may include balance sheets, trend analysis, income statements, cash flows, collateral analysis, performance reconciliations, credit bureau reports, and commodity brokerage statements, including multiple entities, unique business characteristics, complicated legal structure, and complex monitoring needs. Activities include assembly, consolidation, calculation, documentation, and communication of the customers’ financial conditions and the acceptability of the customers’ credit requests.
- Assist Financial Officers, Relationship Officers, and Credit Analysts in the servicing of the high-risk portfolio. This includes establishing and maintaining sound credit and loan administration, loan pricing, and establishing appropriate loan terms and conditions for the purpose of managing the loan risks. Provide analysis and underwriting of loan and lease applications renewal and servicing actions for assigned accounts. Coordinate final conditions of approval by working with staff to structure the loan package in a manner that meets customer’s needs and Association’s risk tolerance.
- Supervise credit classification changes, accrual/stop accrual analysis for distressed loans and restructure loan applications. Resolve individually assigned higher risk accounts and restructure loan applications and makes recommendations on loans exceeding authority.
- Ensure that the Associations are within compliance of settlement laws and procedures. Contribute to the achievement of satisfactory Association credit administration and credit quality goals in assigned portfolio.
- Monitor loan performance on assigned portfolio. Ensures that loan performance and financial covenants are maintained and appropriately monitored. Initiates action to get customer to correct situations where they are out of compliance in an expedient manner. Provide timely, efficient service to all internal and external customers.
- Participate in the on-going design of Association processes to provide exceptional service and to improve efficiency and effectiveness.
Travel Time
Percentage of time required to travel -35%
Education Requirements
- Bachelors Degree Preferred in Finance or Economics
Years of Experience
- 4+ years’ lending/credit analysis experience with the Farm Credit System or a related agricultural credit organization. Agricultural collection experience desired.
About Us:
AgCountry has 45 offices, is based in Fargo, North Dakota and serves portions of North Dakota, Minnesota, and Wisconsin, FCSAmerica is based in Omaha, NE and has 42 local offices serves rural communities and agriculture in Iowa, Nebraska, South Dakota, and Wyoming. Frontier Farm Credit has six offices serving eastern Kansas. Together, we support nearly 82,000 producers and agribusinesses, meeting the needs of today’s agricultural industry with our combined 2600+ employees providing lending, risk management, technology, commodity marketing, and customer and employee education.
Nearest Major Market: Fargo