About FarmOp Capital

Founded in 2017, FarmOp Capital is a rapidly growing finance company addressing long-term macro trends in farm operations by filling a growing agricultural lending need: Providing credit to growers based on their ability to grow a crop. Headquartered in St. Paul, Minnesota, FarmOp does not compete with traditional ag lenders but rather fills a capital void that traditional sources of capital have restricted ability to underwrite. This is primarily due to the limited value that can be allocated to growing crops by regulators. The predominant model of banking is lending money to a borrower that has collateral, typically in the form of land or equipment.

As a non-bank lender, FarmOp can make use of non-traditional collateral, along with technology, to provide higher advance rates than traditional lenders. By also placing cash in the hands of farmers earlier in the season, FarmOp products increase independence and buying power. Aligning modern agricultural lending with ag tech allows growers to make more profitable and timely decisions. FarmOp is an Ag lender with the leadership and flexibility to innovate versus being molded by regulation in coming up with financing solutions. There are few limits on loan origination size, parameters, or access to capital. FarmOp is backed by a leading global Capital Markets firm with a mandate to be a leading market share provider of Ag working capital. The FarmOp Value Proposition is to help bring about true independence for the producer by utilizing cash to lower costs and increase profitability. To achieve this, FarmOp offers smart, cutting edge, modern technology-based lending products and solutions. FarmOp is uniquely positioned to bring to together ag lending and ag technology.

Job Description

As a Senior Credit Analyst, you will assist in determining credit worthiness of potential borrowers by working with the Regional Finance Manager and Customer Experience team.  The position will require you to review financial statements and crop budgets with a critical eye, then make recommendations for loan approval to loan committee.

Senior Credit Analyst Responsibilities

1.       Analyze credit data and financial statements to determine the degree of risk in extending credit.

2.      Complete loan applications, including credit analyses and summaries of loan requests, and submit to Sr. Credit Analyst for review.

3.      Using computer program, generate financial ratios to evaluate customer’s financial status.

4.      Prepare reports that include the degree of risk involved in extending credit or lending money.

5.      Monitor borrower performance.

Competencies

1.     Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.

2.     Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.

3.     Understanding the implications of new information for both current and future problem solving and decision making.

4.     Ability to communicate information and ideas.

5.     Job requires analyzing information and using logic to address work-related issues and problems.

6.     Preferred qualifications include basic understanding of crop marketing (hedges, futures, HTS’s), basic understanding of federal crop insurance, proficient in Excel.  

Supervisory Responsibility

This position does not have supervisory responsibilities.

Work Environment

This job operates in a professional environment.

Physical Demands

This is largely an office-based position. Examples of typical office physical demands may include sitting at a desk and utilizing equipment such as a computer, laptop, cell phone, etc. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Position Type and Expected Hours of Work

This is a full-time salaried position.

Travel

This position does not require regular travel; however, occasional travel may be required.

Required Education and Experience

• Bachelor's degree in finance, agricultural business, or related field; or an equivalent combination of education and experience.
• 5+ years of credit experience.
  
• Agriculture lending experience strongly preferred.

Benefits

FarmOp offers a competitive benefits package including health, dental and vision insurance, 401K contribution and paid time off.

An Equal Opportunity Employer

The Company does not discriminate on the basis of race, color, national origin, age, religion, veteran status, marital status, sexual orientation, or gender or any other protected characteristic; and it will comply with all applicable federal, state, and local discrimination laws. No person shall be denied employment solely because of any disability which is unrelated to the ability to engage in the essential functions involved in the position for which application has been made either with or without reasonable accommodations.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.