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    Credit Officer - Melbourne, Australia - Farm Credit Services

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    Full time
    Description

    Under the direction of the Chief Risk Officer (CRO) and in close collaboration with the VP-Risk Management, the Credit Officer - Risk Management partners with the Relationship Management team to identify and resolve credit concerns on special attention credits, while ensuring compliance with regulations affecting the Association.

    You will also assist with the monitoring and servicing of the distressed loan portfolio and provide support to FMFC's internal and external credit and compliance audits

    Responsibilities include:
    Distressed Loan Resolution
    Support the process of negotiating loan workout/restructuring terms with distressed customers.

    Underwrites distressed loan restructure applications on assigned credits, including:
    Assess the viability of distressed loan applications, including analysis of financial plan.
    Makes recommendations on applications, including drafting of a credit memorandum summarizing the salient facts.
    Completes least cost analysis according to regulatory procedures.
    Prepares regular status updates on distressed credits through loan servicing memorandums that are presented to Executive Loan Committee.
    Prepares forbearance, restructure, and settlement agreements.
    Assess loan asset values, specific allowances, charge-offs, and accrual status.
    Monitors loans for receipt of timely payments, and compliance of terms and conditions.
    Compiles loan documents to send to outside counsel and correspond as necessary.
    Oversees the process and preparation of quarterly loan servicing reports and high attention credit committee reports.
    Corresponds, monitors, and provides appropriate documentation to foreclosure company for the filing of notice of defaults (NOD).Borrower's Rights Compliance
    Regularly maintains the distressed lending log to ensure the ability to provide management with timely and accurate reporting.
    Prepares distressed loan notice and/or notice of adverse credit decision.
    Reviews documentation to ensure compliance with applicable regulations.
    Verifies Borrower's Rights regulations are applied in the appropriate circumstances.
    Credit & Regulatory Compliance
    Oversees the monitoring of loan compliance and covenant monitoring.
    Collaborates with Credit Delivery leaders to ensure loan covenants are processed in a timely manner.
    Provides monthly compliance reporting to Executive Loan Committee.

    Recommends revisions of policies, procedures, and lending controls by coordinating with credit analysts, relationship officers, and credit management to ensure that business requirements are met and underwritten correctly.

    Internal/External Audit Support
    In collaboration with the

    Chief Audit Executive:
    Assist in the planning and execution of internal audits to ensure compliance with company policies and regulatory requirements.
    Coordinate with external auditors, providing necessary documentation and information, and implementing recommended changes.
    Monitoring and reporting of delinquent property and water taxes.
    Complete quarterly assessment and reporting of loan modifications (formerly troubled debt restructure), bankruptcies and litigations.
    Review quarterly risk management reports, ensure accuracy, and update comments to provide appropriate context to report stakeholders.

    Knowledge, Skills, and Abilities:
    General knowledge of distressed loan administration
    Working knowledge of underwriting standards
    Working knowledge of loan documentation requirements
    Skill in reading and understanding income statements, balance sheets, tax returns and other financial reports to determine credit worthiness.
    Expert customer service skills, including the ability to communicate complicated information deliver bad news effectively, and exceed customer expectations.
    Skill in using Word, Excel, Power Point, Access and Outlook sufficient to increase efficiency and effectiveness.

    Oral and written communication skills sufficient to discuss a variety of job-related topics, and to effectively communicate complex topics to a variety of audiences.

    __________________________________________________________________________________________________

    ABOUT US

    Established in 1917, Fresno Madera Farm Credit, headquartered in Fresno, provides quality credit and financial services in California's Central Valley.

    Our mission is to provide access to credit and related services to farmers and ranchers in our region.

    As an efficient organization, FMFC delivers quality service with people that are passionate about creating the best possible customer experience for the generations of farmers and ranchers that we proudly serve.

    Fresno Madera Farm Credit offers competitive compensation packages and excellent benefit programs.
    We have a team-driven, performance-focused culture, with a strong focus on customer service, and fulfilling our mission to agriculture.
    ___________________________________________________________________________________________________
    Submit cover letter and resume by email
    ContactRenee Getty at for questions and additional information.

    Sign up to help Farm Credit advocate for issues important to farmers, ranchers and the rural communities they call home.

    #J-18808-Ljbffr

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