Credit Officer, Digital Infrastructure
Apply NowCompany: CoBank
Location: Lubbock, TX 79424
Description:
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. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!
Remarkable Benefits Offered by CoBank
Job Description
Develops financial and credit risk analysis to effectively draw risk conclusions to inform hold levels and to develop alternative credit structuring options across multiple Digital Infrastructure (DI) verticals including regional, large corporate/syndicated/sponsor and data center/tower/project finance including businesses owned by Financial Sponsors and other non-traditional investors. Independent ability to underwrite and execute portfolio management responsibilities across multiple DI verticals. Provides informal leadership and helps guide the work of credit analysts and portfolio managers and supports credit decisions within delegated authorities. Adds value to account relationships and supports the achievement of volume, fee income, credit quality and overall profitability goals through interactions with relationship management, portfolio management, capital markets, leadership staff, direct customers and financial sponsors.
Essential Functions
Education
Work Experience
Physical Exertion Details
Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Travel Requirement Details
Occasional Travel occurs infrequently (typically, once a month or less).
About CoBank
The typical base pay range for this role is between $89,600 - $110,160. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.
The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.
CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.
REASONABLE ACCOMMODATION
We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
CoBank is an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.
A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!
Remarkable Benefits Offered by CoBank
- 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
- Outstanding 401k: up to 6% matching and additional 3% non-elective contribution
- 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
Develops financial and credit risk analysis to effectively draw risk conclusions to inform hold levels and to develop alternative credit structuring options across multiple Digital Infrastructure (DI) verticals including regional, large corporate/syndicated/sponsor and data center/tower/project finance including businesses owned by Financial Sponsors and other non-traditional investors. Independent ability to underwrite and execute portfolio management responsibilities across multiple DI verticals. Provides informal leadership and helps guide the work of credit analysts and portfolio managers and supports credit decisions within delegated authorities. Adds value to account relationships and supports the achievement of volume, fee income, credit quality and overall profitability goals through interactions with relationship management, portfolio management, capital markets, leadership staff, direct customers and financial sponsors.
Essential Functions
- Provides key input on negotiation strategies, due diligence and credit evaluation while being responsible for complete credit package and helping manage appropriate resources to meet internal and external guidelines. Provides appropriate technical, industry and functional knowledge to credit, relationship management, capital markets and leadership staff, including as a key participant in communications/meetings, interface with clients and leading overall credit process across multiple DI verticals including complex debt arrangements and project finance structures. Helps relationship management on negotiations concerning the presentation and development of complex credit arrangements. Takes a lead role in managing credit administration, account servicing, loan structuring, packaging, loan closing, documentation, and monitoring.
- Reviews audits, interim statements, projections, and other pertinent financial information to provide analysis of financial trends. Acquires information from published industry reports, trade groups, journals, and other external sources to supplement and enhance the analysis of information provided by the borrower, agent bank and/or sponsor.
- Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank. Validates customer/sponsor business plans with thorough analysis and performs projection and sensitivity analysis when appropriate, to provide alternative views on key risks associated with the proposed transaction. Provides estimates of company and/or collateral value with thorough analysis.
- Actively monitors credit quality of accounts across a portfolio that spans multiple DI verticals including higher profile and higher risk relationships. Takes pro-active approach with customer interaction, compliance reporting, research and evaluation to identify emerging trends/concerns and communicates trends and credit view with Relationship Management, Portfolio Management, and credit leadership.
- Ability to maintain direct communication with borrower and sponsors to support deal process and meet internal and external deadlines.
- Effectively communicates with Credit Approvals, Asset Review and other 3rd parties to support underwriting and portfolio management approaches on transactions across multiple DI verticals.
- Co-Authors and presents research and analysis on specific industry sectors as part of DI's Center of Excellence ("COE") in coordination with CoBank's Knowledge Exchange Division. Collaborates and can potentially provide initial guidance on enterprise valuation multiples published as part of COE and used as guidance in underwriting/portfolio management risk analysis which can ultimately lead to probability of default and loss given default conclusions which can impact hold levels and syndication capabilities.
- Assists with internal research and portfolio analysis and prepares and supports presentations on topics as assigned.
- Maintains appropriate knowledge in leveraged lending and project finance type transactions and keeps abreast of industry trends and competitive environment for multiple DI verticals.
- Identifies areas for improvement in templates, spreadsheets, programs, systems, and procedures used in underwriting and credit evaluation process. Proposes possible solutions to problems.
- Recommends credits for approval across multiple DI verticals.
- Actively participates in special projects, cross-functional collaboration and improvement initiatives as assigned.
Education
- Bachelor's Degree required
Work Experience
- 5 years of credit experience in banking industry required
- 1 year of experience in digital infrastructure preferred. Experience in digital infrastructure may be substituted with relevant experience in Leveraged Finance role, sponsor finance, or project finance.
Physical Exertion Details
Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
Travel Requirement Details
Occasional Travel occurs infrequently (typically, once a month or less).
About CoBank
The typical base pay range for this role is between $89,600 - $110,160. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.
The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.
CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.
REASONABLE ACCOMMODATION
We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing recruiting@cobank.com. Include your contact information and specific details about your requested accommodation.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
CoBank is an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.