VP Lending

CAREER OPPORTUNITY

Title: Vice President Lending

Location: Marshall Texas

COMPANY PROFILE: Legacy Ag Credit ACA is a fullservice locally owned cooperative lender specializing in financing rural land and agricultural operations in Northeast Texas. We are headquartered in Sulphur Springs and currently have five 5 offices conveniently located across the northeastern region of Texas in Sulphur Springs Canton Gilmer Terrell and Longview and are excited to be in the process of opening an office location in Marshall. Part of the Farm Credit System we provide financing for farms timberland recreational property agribusinesses and rural homes.

EDUCATION AND EXPERIENCE REQUIREMENTS: Bachelors degree in Business Administration Finance Agricultural Economics or a related field or equivalent experience and five 5 to seven 7 years or progressively responsible banking or related agricultural lending experience including at least one 1 year in a supervisory and/or Management position.

JOB PURPOSE AND SCOPE: Manages the overall functions of a medium to largesized branch office including credit quality loan servicing business development and personnel administration.Has a high level of delegated authority and some supervisory responsibility but a majority of duties are related to loan making. Has considerable latitude for decision making in the implementation of association goals.

ESSENTIAL FUNCTIONS:

1. Responsible for goals and objectives for the assigned branch office and its employees and delegates authority as appropriate to carry out the goals and objectives. Motivates evaluates and provides training for branch office employees. Consults with upper management concerning staffing needs.
2. Promotes the association by maintaining good public and member relations.
3. Generates new loan business services existing loans and manages the loan portfolio of assigned office. Completes loan analyses within the guidelines and policies of the association. Processes and approves loan requests within the limits of delegated authority and in accordance with association guidelines. Prepares and submits loan requests that exceed delegated lending authority to the appropriate management level along with recommendation for approval or rejection.
4. Ensures that all assigned loans are properly risk rated assigned loss given defaults are correct and performance status assignments are proper.
5. Complies with proper credit administration practices as outlined in the associations policies and procedures.
6. Determines the eligibility and scope of financing for all new loans and ensures verification of assets and liabilities.Secures background and credit history on new loans repeat loans and renewals. Provides for evaluation of loan collateral in accordance with association policies and procedures. Ensures proper lien perfection on all collateral.
7. Maintains awareness of agricultural trends and business activity FCA regulations and legal obligations. Ensures branch office operations comply with applicable policies regulations and laws. Prepares reports as required by association management the Board of Directors and regulatory bodies.
8. Coordinates the implementation of advertising and marketing programs.
9. Performs collections and management of branch offices adverse assets including acquired property as required to minimize potential loss to the associations acquired property as required.
10. Responsible for daytoday operations of the branch.

SKILL REQUIREMENTS:Specialized knowledge of banking administration and accounting policies procedures reports guidelines and banking regulations. Specialized knowledge of financial analysis and asset/liability management. General knowledge of accounting/financial systems. Specialized knowledge of accounting/finance principles. Skill in oral and written communication.Intermediate skill level in Microsoft Office applications. Ability to perform intermediatelevel accounting/financial analyses.

BENEFITS:

Our comprehensive benefit program includes but is not limited to:

• An outstanding companywide incentive program
• Accommodating and flexible vacation and sick leave
• 1012 paid holidays per year
• 401(k) plan with up to a 9 employer contribution/match
• Affordable health dental and vision plans
• Employer paid life insurance and disability
• Tuition reimbursement

TO APPLY:

If you are interested in this exciting opportunity to be a part of an office startup in Marshall Texas and meet the minimum requirements for this position please send your resume to:

Legacy Ag Credit ACA

ATTN: Sherry Sturgis Senior Vice President/Chief Administrative Officer
303 Connally

Sulphur Springs TX 75482

AA/EOE/M/F/D/V