Director Special Assets

Capital Farm Credit is the largest rural lending cooperative in Texas, providing credit and other related services to farmers, ranchers, rural home owners, and agribusinesses with over $12 billion in total assets and over 600 team members. We serve 192 counties in Texas with nearly 70 credit offices and are a proud member of the nationwide Farm Credit System.

We seek highly motivated and engaged people who foster the core values behind who we are, how we work and how we treat others - with commitment, trust and value and family-like respect and appreciation. Capital Farm Credit works diligently to ensure we provide our full-time employees with a market-based compensation program including competitive salary, employee benefits, participation in an attractive goals-based incentive program, and development opportunities. As a customer-owned cooperative, our compensation and benefit programs are designed to align the success of our members with the employee's success.

Our comprehensive benefit program includes, but is not limited to:

• An outstanding company-wide incentive program
• Accommodating and flexible vacation and sick leave
• 10-12 paid holidays
• 401(k) plan with up to a 9% employer contribution/match
• Affordable health, dental, and vision plans
• 8 weeks of paid parental leave
• Employer paid life insurance and disability
• Tuition reimbursement
• Up to $400/year wellness reimbursement

LOCATION:

• This position may be located in the CFC Headquarters location in College Station, Texas or the Round Rock, Texas office location.

EDUCATION REQUIREMENT:

• Bachelor's degree in business administration, Finance, or a related field, or equivalent experience

JOB REQUIREMENTS:

• A minimum of ten (10) years of progressively responsible banking or related agricultural lending experience, including at least five (5) years in a supervisory and/or management position.
• Experience in the management of large commercial real estate and agribusiness loans including the analysis of complex credits, as well as structuring and evaluating loan participations/syndications and analysis of direct loan/correspondent lending relationships.

FUNCTIONS:

• Direct supervision of the association's Special Assets department within the established credit philosophy of the Association.
• Direct supervision and management of the Special Assets Officers that work directly with the most troubled high-risk assets and assist distressed borrowers.
• Manages a select portfolio of extremely large and complex high-risk loans as assigned by senior management.
• Develops the Associations problem loan/work out philosophy in consultation with the Chief Credit Officer to ensure adherence to the Association Credit philosophy and objectives.
• Develops and implements procedures to effectively manage the Special Assets division of the association within a changing regulatory environment and meet the growth and development objectives of departmental staff.
• Directs and oversees the collection and restructuring activities of the association's troubled real estate, production, and commercial agribusiness loan portfolio.
• Develops and establishes delegated authority levels for individuals within the Special Assets department and performs annual evaluations for employees supervised. Administers the department year end salary recommendations t based on Association policy and procedures.
• Develops and presents reports relating to the Special Assets department of the association to senior management and the association's Board of Directors.
• Plans, organizes, communicates, and executes appropriate collection and/or liquidation actions. Ensures that collection/liquidation actions comply with regulations and ordinances regarding debtor's rights.
• Negotiates on behalf of the association and approves private treaty offers, sales contracts, and other disposition of Acquired Property within established approval limits.
• Develops a communication and training environment for the Special Assets group to foster collaboration and information exchange related to regulatory and procedural matters.
• Knowledgeable of Farm Credit System regulations and Federal and State statutes as they pertain to borrower rights and the management and collection of troubled borrowing relationships.

REQUIRED SKILLS:

• General knowledge of accounting/financial systems.
• Specialized knowledge of accounting/finance principles.
• Specialized knowledge of loan term negotiation, accounting standards, banking regulations, operations, and credit practices.
• Skill in financial analysis of general commercial/corporate credits.
• Skills in oral and written communication.
• Intermediate to advanced skill level in the use of various loan analysis software programs.
• Intermediate skill level in Microsoft Office applications.
• Ability to perform intermediate to advanced-level accounting/financial analyses under limited supervision.
• Possesses strong negotiation, presentation, and interpersonal skills, with the ability to interact with all levels of management and the association Board of Directors.

At the discretion of CFC, position may be offered at alternate titles and other business experience may be considered relevant. AA/EOE/M/F/D/V; Full description available on request.

Equal Opportunity Statement
Capital Farm Credit is committed to creating a diverse and inclusive workplace. The position title and requirements may be adjusted based on the candidate's experience and qualifications. We welcome applicants of all backgrounds and do not discriminate based on race, color, gender, religion, national origin, disability, veteran status, or any other protected status. A full job description is available upon request.

Category:

• Credit

experience level:

• Senior

job Type:

• Full-Time , Sales and Customer Relationships