Vice President/Lending October 1, 2019

Company Profile

Legacy Ag Credit, ACA is headquartered in Sulphur Springs and has five offices conveniently located across the northeastern region of Texas in Sulphur Springs, Canton, Gilmer, Kaufman and Longview. Part of the Farm Credit System for more than 100 years as a rural agricultural lender and a private cooperative, we have made loans for farms, timberland, recreational property, agribusiness firms and rural homes.

Education and Experience Requirements

Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field, or equivalent experience and eight (8) years or more of progressively responsible banking or related agricultural lending experience. Experience should include a broad understanding of lending regulations, credit operations, and credit practices.

Job Purpose and Scope

The primary scope of this position is discovering, developing and maintaining direct client relationships. Must be able to take a lead role in coordinating business development, credit analysis, loan administration and communication of actions within the Association in order to provide superior service in meeting a client’s expectations. Has considerable latitude for decision making in the implementation of association goals.

Essential Functions

• Concentrates primarily on generating new business and developing a loan portfolio through direct solicitation and origination of eligible loans.
• Monitors business relationships and credit compliance of originated loans.
• Evaluates needs of potential clients and provides appropriate financial solutions.
• Ensures proper loan underwriting and structuring is achieved through enforcement of loan policies and that they are properly approved in accordance with loan authorities and in conjunction with the centralized underwriting units.
• Makes calls on important prospects to sell and service consumer and banking needs.
• Manages and monitors respective loan portfolio and status of all exceptions and past dues on business and consumer loans in accordance with loan policy working in conjunction with reports from the centralized underwriting units
• Provides ongoing relationship servicing, including the resolution of service issues of clients.
• Monitors results versus objectives and recommends necessary strategic adjustments to ensure that objectives are reached.
• Serves as a member of various Association committees as assigned.

Skill Requirements

Excellent interpersonal relations, public speaking, administrative and communication skills are required. Strong analytical skills to market credit services to eligible Farm Credit borrowers, evaluate financial statements as well as identify and implement corrective actions when needed. Knowledge of business practices in mortgage and commercial lending, including credit standards, real estate appraisal, internal controls, financial management, human resource management, public and member relations, and marketing techniques. Leadership, strategic planning and goal setting are required. Familiar with standard concepts, practices, and procedures within a particular field. Relies on extensive experience and judgment to plan and accomplish goals. A wide degree of creativity and latitude is required. Travel is required.

Working Relationships

Frequent interaction with customers, association departmental staff and management. Occasional interaction with association senior management, CEO, and/or board of directors. Occasional interaction with Farm Credit Bank of Texas staff. Frequent interaction with area professionals including real estate agents, commercial bankers, and others who deal with the association in the normal course of business.

Policy and Compliance

Compliance with FCBT and Association technology and security standards is required.

To Apply

If you’re interested in joining the Legacy Ag Credit team 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
Sherry.Sturgis@legacyaca.com

AA/EOE/M/F/D/V