Scorecard Specialist

Company: Compeer Financial
Location: Rochester
Posted on: March 7, 2025

Job Description:

Empowered to live. Inspired to work.
Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.
How we support you:

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• Hybrid model - up to 50% work from home
  
• Flexible schedules including ample flexibility in the summer months
  
• Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
  
• Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
  
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
  
• Learning and development programs
  
• Mentorship programs
  
• Cross-functional committee opportunities (i.e. Diversity & Inclusion Council, emerging professional groups, etc.)
  
• Professional membership/certification reimbursement and more!
  
  Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.
  To learn more about Compeer Financial visit . Where you will work: This position offers a hybrid work option up to 50% remote and is open to any Compeer office location in .
  The contributions you will make:
  This position serves internal and external clients by administering, processing and making new loan and lease request decisions within the Scorecard program. Onboards loans and establishes lease requests by determining eligibility and compliance to policy. Collaborates with internal team members and Agri-Access Lending Partners to provide a sound, efficient and timely credit decisions.
  A typical day:
  
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  • Processes loan and lease requests for scoring and approves or declines using Compeer's model, Decision Management Platform (DMP).
    
  • Analyzes financial and supporting documentation submitted for credit reviews and exceptions to policy. Determines appropriate level of analysis and due diligence required based on credit risk, following policies and guidelines (generally performing limited financial analysis). Approves or declines request within delegated authority, establishing acceptable terms and conditions.
    
  • Determines and enters Young Beginning Small (YBS), farm involvement, and industry codes for Salesforce loan set-up.
    
  • Communicates with Lending Partners regarding loan application information. Once loan decision is complete, prepares and sends approval, changes or decline notices.
    
  • Answers questions and provides direction to internal team members and lending partners on scorecard and credit bureau related issues that arise during the processing and closing of lending transactions, DMP results, process problems and handling of credit requests.
    
  • Escalates decision to higher authority as required, forwards request to traditional underwriters for full analysis and decisions as required.
    
  • Monitors and prepares reports for proper use of scorecards and trends, noting potential growth or concern areas.
    
  • Monitors lease lines of credit to determine available commitment or need for traditional approval.
    
  • Enters lease takedowns, data, risk ratings, and loss given defaults (LGD's) within Leasewave or other systems.
    
  • Reviews inaccurate Credit Bureau and internal credit history reporting for delinquent or inaccurate information. Enters changes in Cornerstone database and provides accurate data to the Credit Bureau.
    
  • Reviews quarterly DMP security access rights and process reviews.
    
    The skills and experience we prefer you have:
    
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    • Associate's degree in business administration, finance, economics, agribusiness, data analysis or related field OR an equivalent combination of education and experience sufficient to perform the essential functions of the job.
      
    • Advanced-level of experience in lending, credit analysis, finance, customer service.
      
    • Knowledge of federal and state (primarily Illinois, Minnesota, and Wisconsin) laws, regulations and compliance requirements specific to the financial industry or Farm Credit.
      
    • Knowledge of agricultural businesses and operations, crop insurance and livestock industries and associated production practices.
      
    • Solid understanding of the lending process, policies and Standard Operating Procedure (SOP's), and programs used.
      
    • Solid knowledge of loan products, services, and credit operations. As well as an understanding of credit processing and servicing activities, accounting principles and practices, credit analysis procedures, credit administration, monitoring and reporting.
      
    • Strong analytical skills with attention to detail.
      
      How we will take care of you:
      Our job titles may span more than one career level (associate, senior, principal, etc.). The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role is eligible for variable compensation and other benefits.Base Pay$62,700 - $89,400 USDCompeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
      Must be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.

Keywords: Compeer Financial, Rochester , Scorecard Specialist, Other , Rochester, Minnesota