Vice President, Rural Infrastructure Credit

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 doing work that matters. In order to be the best, we hire the best!

Remarkable Benefits offered by CoBank

• Competitive Compensation & Incentive
• Hybrid work model - flexible work arrangements for most positions
• Benefits Packages, including : Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• CoBank University robust curriculum associate training and development, including higher education tuition reimbursement
• Outstanding 401k up to 6% matching and an additional 3% non-elective contribution
• Time-Off Packages Vacation 15+ days, 10 Paid Sick Days, and 11 Paid Holidays
• Community Impact United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups creating a culture of diversity and inclusion
• Recognize a fellow associate with GEM awards, including a monetary value
• On-site Fitness Center and Cafe
• ECO transportation pass provided to every Denver associate

Job Description

At CoBank, our Vice President, Rural Infrastructure Credit provides leadership and oversees the overall credit quality and the development of credit structuring alternatives for the Rural Infrastructure Banking Group (RIBG).

Approves credit decisions as appropriate. Develops and implements credit structuring alternatives to support marketing and account servicing plans.

Develops and supports credit management teams in their credit structuring and analysis responsibilities across five banking teams that serve infrastructure industries, including water and waste, digital infrastructure, power, and energy.

Strategically directs the day-to-day operation of multiple credit teams and the overall credit function for RIBG. Serves as a point for coordination between RIBG and other divisions of CoBank, including the Farm Credit Banking Group.

Contributes to overall bank management through participation in the development of strategic plans and operating objectives.

Essential Duties and Responsibilities :

Establishes and manages overall credit administration, credit analysis and long- and short-term credit quality targets for RIBG credit management teams in conjunction with bank / group performance targets.

Counsels credit management on the development and achievement of credit quality goals, including appropriate intervention measures to maintain the quality of accounts.

• Approves credit decisions as appropriate. Reviews approvals, or approves the extension of credit to certain accounts requiring a higher level of delegated authority.
• Assists credit directors and credit managers in their development of credit structuring alternatives and analyses for customers.

Provides leadership and guidance in a team approach to account management and credit administration.

• Ensures effective and efficient credit approval process. Fosters a credit culture to encourage early interaction between credit and the line to identify core issues and resolution strategies.
• Serves as an alternate for the group executive on the CoBank Loan Committee. Manages, implements, and oversees delegated loan approval authorities as specified.
• Coordinates credit underwriting efforts with Credit Approvals Group and other divisions within CoBank to ensure best practices are being maintained.
• Leads through effective organization of resources, and a sound planning process. Provides consistent direction and develops internal controls which enhance achievement of the bank and group goals while encouraging and developing a marketing focus for the division.
• Participates in planning activities for the division. Contributes to the development of new or improved processes, products, and services.
• Employs, develops, and supervises an effective group of team leaders who, by working together, develop appropriate business strategies, set standards of performance, evaluate performance of associates, and generally take actions necessary to allow the division to accomplish established standards of performance.
• Effectively communicates goals and objectives internally and externally so that customer satisfaction is maintained at high levels and the group / division business objectives are attained.
• Establishes and maintains contacts at the highest levels with critical internal and external stakeholders, including trade associations, cooperative councils, universities, governmental organizations, and others who can have a positive impact on the bank’s overall image and operations.
• Responsible for management reporting and analysis for executive review. Serves as the primary internal contact for CoBank Asset Review and Internal Audit.
• Ensures the effective day-to-day of the credit function of the division.
• Leads staff. Sets performance standards, manages workflow, grants authorities, evaluates performance, and recommends personnel actions within delegated authorities.

Consults with Human Resources as appropriate.

• Maintains expertise in the infrastructure industry segments, and stays apprised of industry trends and the competitive environment.
• Performs other duties as assigned.

Basic Qualifications

• Bachelor’s degree in business, finance or a relevant discipline.
• Fifteen (15) or more years of financial services experience, preferably in the multiple infrastructure industry segments served;

or an appropriate combination of education and experience.

Five (5) or more years of supervisory / management experience.

Preferred Qualifications

• Master’s degree or MBA preferred.
• Experience and knowledge of the Farm Credit System strongly preferred.
• Experience managing a credit team focusing on credit delivery and negotiating complex financial arrangements preferred.
• Expert knowledge of credit and financing alternatives and complex financial structuring in a banking environment.
• Expert knowledge of credit underwriting policies, procedures, processes, collateral valuation, and documentation.
• Proven leadership skills, with the demonstrated ability to develop, manage and motivate associates to achieve a high level of customer service and satisfaction, and meet and / or exceed established business goals.
• Strong business acumen, organizational, management and solutions-based problem solving skills.
• Demonstrated decision making abilities, and proven credibility in influencing and working effectively with business unit management, senior officers, and executives.
• Strong interpersonal, negotiation and consultative skills, with the ability to work collaboratively and build and maintain successful relationships and communicate effectively with all levels of executives, internal team members, customers, and other stakeholders and partners.
• Excellent verbal and written communication and presentation skills.
• Knowledge of Microsoft Office applications (Outlook, Word, PowerPoint, Excel)

Compensation Information

• Estimated Base Salary Range : $185,000-$230,000
• Short Term Incentive Bonus : 45%

About CoBank

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.

CoBank requires all newly hired associates to be fully vaccinated against COVID-19, and new hires will be asked to register their proof of vaccination.

Any offer of employment will be conditioned upon an applicant supplying proof of vaccination against COVID-19; provided, however that CoBank may provide a reasonable accommodation for an applicant’s known disability or sincerely held religious belief.

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