Portfolio Manager

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.
• TimeOff 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% nonelective 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

At CoBank a Portfolio Manager provides relationship management and credit support to a team of Relationship Managers including origination structuring execution and ongoing monitoring of transactions and borrowers. Responsible for working with the Relationship Manager and Credit Analysts on associated internal credit research and financial modeling functions. Mentors and provides guidance to junior level staff as appropriate. Supports the achievement of profitability and credit goals for the division through daytoday management of account relationships.

1. Independently manages the daytoday activity of an assigned portfolio of complex transactions with a mix of new and existing accounts. This includes direct customer communication as necessary.
2. Provides autonomous oversight on refinancing of existing borrowers amendments consents and waivers term conversions and provides recommendations to Relationship Managers regarding any credit deviations or concerns.
3. Assists Relationship Managers with communication to critical internal stakeholders including the Division leadership Credit Capital Markets Agency Loan Closing Operations Treasury and Derivative functions.
4. Works alongside Credit Analysts to guide the development and analysis of financial data and due diligence of contractual technical market information and industry trends for new or renewed financing arrangements. Collaborates with Credit Analysts to guide the development and preparation of credit approval documentation for new renewed financing arrangements and consent waiver and amendment activities.
5. Provides primary drafting of eligibility opinions and internal risk forms as part of the customer due diligence and application process.
6. Supports Relationship Managers in origination structuring and new business activities. Takes on primary responsibilities as assigned to negotiate diligence document and close new lending commitments in the bank loan and/or bond market. These activities can include preparing prescreening memos pitch development and engaging with Capital Markets and other internal stakeholders.
7. Handles customer and internal partner questions and concerns related to billing documentation and other inquiries or requests.
8. Manages to profitability and credit quality targets for portfolio.
9. Prudently services accounts to protect CoBank and minimize losses.
10. May conduct compliance monitoring and followup on covenant violations reporting exceptions and collateral and documentation deficiencies.
11. Maintains expertise in the various customer segments and keeps uptodate on industry trends technology regulatory requirements and government programs.

• Bachelors Degree required

REQUIRED QUALIFICATIONS

5 years experience in banking or financial services industry including experience in power water energy utilities or agriculture market required

PREFERRED QUALIFICATIONS
Prior experience in the divisions market.
Knowledge of accounting finance and corporate valuation concepts.
Knowledge of fundamental commercial lending loan structuring financing alternatives bond markets collateral concepts and syndicated loan structures.
Knowledge of technical standards industry trends technology and regional/national regulatory requirements.
Knowledge of competitive environment and practices in customers industry.
Proven ability to analyze credits contracts legal documents technical reports and various deal structures.
Ability to produce marketing presentations for potential and existing customers.
Advanced analytical skills including adhoc data analysis and spreadsheet modeling skills.
Ability to produce marketing presentations for potential and existing customers.
Excellent verbal and written communication and interpersonal skills.
Advanced organizational and time management skills.
Knowledge of Microsoft Office applications (Outlook Word Excel and Pilot).
Availability for occasional work outside normal business hours.

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.

Occasional Travel occurs infrequently (typically once a month or less).

The typical base pay range for this role is between $119200 $146640. Compensation may vary based on individual jobrelated 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 76000 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 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.