Letter of Credit Officer jobs in Omaha, NE

*Preferred work location, Omaha, NE*

We are looking for a Litigation Officer to join our AgDirect team. You will manage an assigned portfolio of AgDirect loans and retail installment sales contracts that involve formal legal action; including but not limited to, bankruptcy, foreclosure, replevin and/or money judgment proceedings.

Primary responsibility is to maintain the safety and soundness of the Associations by resolving through mediation, settlement, restructure or collection assigned AgDirect loans and retail installment sales contracts. This position will work closely with internal legal counsel and coordinate with external legal counsel as necessary to bring about effective and efficient resolution. This position will also be responsible for the management and disposition of collateral securing the assigned AgDirect loans and retail installment sales contracts.

Farm Credit Services of America (FCSAmerica) is a great place to work. You see it in our people and the relationships they have with each other and our customers. Our passion and commitment to serving both rural America and each other is key to our success in the marketplace.

Essential Duties & Responsibilities

• Manage an assigned portfolio of AgDirect loans and retail installment sales contracts in formal legal action; including but not limited to, bankruptcy, foreclosure, replevin, and/or money judgment proceedings in accordance with applicable statutes, regulations, policies and procedures.
• Resolve through mediation, settlement, restructure or collection AgDirect loans and retail installment sales contracts. Work closely with internal legal counsel and coordinate with external legal counsel as necessary to bring about effective and efficient resolution of assigned AgDirect loans and retail installment sales contracts.
• Supervise credit classification changes and accrual/stop accrual analysis for assigned AgDirect loans and retail installment sales contracts to assure satisfactory credit administration and credit quality goals.
• Manage the recovery and disposition of collateral securing the assigned AgDirect loans and retail installment sales contracts in a manner that results in the greatest net return for the Associations. This may involve the use of third parties to assist in the management, marketing and disposition of associated collateral.

Education Requirements

• Bachelor's Degree Preferred in Business, Finance or Economics

Years of Experience

• 4 years of experience in lending/credit analysis experience with the Farm Credit System, or a related agricultural credit organization.
• Collection or litigation experience required, with preference given to agriculture or commercial collection.

About Us:

FCSAmerica and Frontier Farm Credit are jointly managed financial cooperatives but are separately owned by their farmer and rancher customers. Our customer-owners are directly served by their local financial and crop insurance team.

FCSAmerica supports rural communities and agriculture in Iowa, Nebraska, South Dakota and Wyoming. Frontier Farm Credit supports eastern Kansas. Together, we provide credit, crop insurance and other financial services to more than 60,000 agricultural producers and agribusinesses.

It takes a lot of expertise to meet the needs of today’s agricultural industry, and our combined 1,900 employees provide that in areas of lending, risk management, technology, marketing, customer and employee education.

We have job opportunities in Omaha, Nebraska, where FCSAmerica is headquartered, and 48 local offices across five states.

We take pride in serving every aspect of agriculture, from the young and beginning producer to some of the nation’s largest and most complex agribusinesses.