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Collateral Analyst Job Opening In Fargo – Now Hiring CoBank


Job description

Overview

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 doing work that matters.

In order to be the best, we hire the best!

Remarkable Benefits offered by CoBank

  • Competitive Compensation & Incentive
  • Hybrid work model - flexible work arrangements for most positions
  • Benefits Packages, including: Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
  • CoBank University robust curriculum –associate training and development, including higher education tuition reimbursement
  • Outstanding 401k – up to 6% matching and an additional 3% non-elective contribution
  • Time-Off Packages – Vacation 15+ days, 10 Paid Sick Days, and 11 Paid Holidays
  • Community Impact – United Way Angel Day, Volunteer Day and Associate Directed Contribution
  • Associate Resource Groups – creating a culture of diversity and inclusion
  • Recognize a fellow associate with “GEM” awards, including a monetary value
  • On-site Fitness Center and Cafe
  • ECO transportation pass provided to every Denver associate
  • Job Description

    At CoBank, the Collateral Analyst perform a cross section of collateral management functions including appraisal, collateral audit and borrowing base audit.

    A general goal of the collateral analyst is to train to become proficient in the duties assigned to provide support to the collateral management function.

    Read and summarize internal appraisal reports for direct loans for review by the director of appraisal.

    Provide assistance in entering the scope for appraisal quality reviews, enter sales into the sales database and make updates to the ROV as needed.

    Analyze and perform periodic borrowing base reconcilements to ensure accuracy of submitted reports.

    Coordinates scheduling of on-site collateral audits with CoBank associates and third-party vendors, as required.

    Provide assistance of in office or off-site collateral audit tasks as requested.

    Essential Duties and Responsibilities:

  • Actively participates in group activities, assuming responsibility for projects, reports, or answering questions where appropriate and when managers are unavailable.
  • Collect sales and enter them into the central database monthly.
  • Conducts periodic (monthly) reconcilements of borrowing base reports (BBRs) within their portfolio to ensure their accuracy.

    Reconciles submitted BBRs, interim financial information, detailed general ledger account information, and grain related accounting information.
  • Assists in preparing BBR for analysis and data trend reporting.
  • Interact with bank customers, Relationship Managers (RMs) and Credit Analysts (CA) to solicit financial and other information to facilitate reconciling process.

    Assist in training of bank customers and CoBank associates in preparation of borrowing base reports.
  • Coordinates group reporting requirements with other banking groups, divisions, and departments as necessary.

    Prepares regular and special reports for management and the board as required.
  • Assists with internal research and analysis, provides statistical reports, and verifies information.

    Prepares and delivers presentations on topics as assigned.
  • Develops and utilizes computerized spreadsheets, programs, and other automated tools for credit analysis, special projects, or presentations.
  • Maintains expertise in assigned industries or market sectors.

    Keeps abreast of industry trends and competitive environment.
  • Communicates technical details in both verbal and written forms.

    Maintains positive customer relationships via positive interaction.
  • Completes analysis of the portfolio using data analytics tools.
  • Education

  • Bachelor's Degree in accounting, finance, business, technology, real estate, information systems or other relevant discipline
  • Work Experience

  • 1 year relevant experience, real estate, accounting, collateral banking or collateral administration, preferably in banking or the financial services industry
  • Aptitude for financial analysis
  • Experience or education creating, modeling and/or analyzing management, finance, operations, marketing, or other relevant concepts in a business environment
  • Education in accounting and/or finance courses, and experience with auditing principles, appraisal or collateral and best practices
  • Compensation Information

  • Estimated Base Salary Range: $57,000-$82,000
  • Short Term Incentive Bonus: 10%
  • About CoBank

    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 76,000 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.


    CoBank requires all newly hired associates to be fully vaccinated against COVID-19, and new hires will be asked to register their proof of vaccination.

    Any offer of employment will be conditioned upon an applicant supplying proof of vaccination against COVID-19;

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    Required Skill Profession

    Financial Specialists


    • Job Details

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    Unlock Your Collateral Analyst Potential: Insight & Career Growth Guide


    Real-time Collateral Analyst Jobs Trends (Graphical Representation)

    Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph here. Uncover the dynamic job market trends for Collateral Analyst in Fargo, United States, highlighting market share and opportunities for professionals in Collateral Analyst roles.

    61844 Jobs in United States
    61844
    29 Jobs in Fargo
    29
    Download Collateral Analyst Jobs Trends in Fargo and United States

    Are You Looking for Collateral Analyst Job?

    Great news! is currently hiring and seeking a Collateral Analyst to join their team. Feel free to download the job details.

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    The Work Culture

    An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at CoBank adheres to the cultural norms as outlined by Expertini.

    The fundamental ethical values are:

    1. Independence

    2. Loyalty

    3. Impartiapty

    4. Integrity

    5. Accountabipty

    6. Respect for human rights

    7. Obeying United States laws and regulations

    What Is the Average Salary Range for Collateral Analyst Positions?

    The average salary range for a varies, but the pay scale is rated "Standard" in Fargo. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.

    What Are the Key Qualifications for Collateral Analyst?

    Key qualifications for Collateral Analyst typically include Financial Specialists and a list of qualifications and expertise as mentioned in the job specification. The generic skills are mostly outlined by the . Be sure to check the specific job listing for detailed requirements and qualifications.

    How Can I Improve My Chances of Getting Hired for Collateral Analyst?

    To improve your chances of getting hired for Collateral Analyst, consider enhancing your skills. Check your CV/Résumé Score with our free Tool. We have an in-built Resume Scoring tool that gives you the matching score for each job based on your CV/Résumé once it is uploaded. This can help you align your CV/Résumé according to the job requirements and enhance your skills if needed.

    Interview Tips for Collateral Analyst Job Success

    CoBank interview tips for Collateral Analyst

    Here are some tips to help you prepare for and ace your Collateral Analyst job interview:

    Before the Interview:

    Research: Learn about the CoBank's mission, values, products, and the specific job requirements and get further information about

    Other Openings

    Practice: Prepare answers to common interview questions and rehearse using the STAR method (Situation, Task, Action, Result) to showcase your skills and experiences.

    Dress Professionally: Choose attire appropriate for the company culture.

    Prepare Questions: Show your interest by having thoughtful questions for the interviewer.

    Plan Your Commute: Allow ample time to arrive on time and avoid feeling rushed.

    During the Interview:

    Be Punctual: Arrive on time to demonstrate professionalism and respect.

    Make a Great First Impression: Greet the interviewer with a handshake, smile, and eye contact.

    Confidence and Enthusiasm: Project a positive attitude and show your genuine interest in the opportunity.

    Answer Thoughtfully: Listen carefully, take a moment to formulate clear and concise responses. Highlight relevant skills and experiences using the STAR method.

    Ask Prepared Questions: Demonstrate curiosity and engagement with the role and company.

    Follow Up: Send a thank-you email to the interviewer within 24 hours.

    Additional Tips:

    Be Yourself: Let your personality shine through while maintaining professionalism.

    Be Honest: Don't exaggerate your skills or experience.

    Be Positive: Focus on your strengths and accomplishments.

    Body Language: Maintain good posture, avoid fidgeting, and make eye contact.

    Turn Off Phone: Avoid distractions during the interview.

    Final Thought:

    To prepare for your Collateral Analyst interview at CoBank, research the company, understand the job requirements, and practice common interview questions.

    Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the CoBank's products or services and be prepared to discuss how you can contribute to their success.

    By following these tips, you can increase your chances of making a positive impression and landing the job!

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