Letter of Credit Officer jobs in Rockford, IL

Letter of Credit Officer obtains necessary information to process and complete letters of credit and related financial transactions. Verifies all documentation for accuracy and completeness. Being a Letter of Credit Officer ensures all credit data is evaluated and adheres to bank policies and procedures in order to approve or deny applications. Provides support to lending officers and trade specialists. Additionally, Letter of Credit Officer may require a bachelor's degree. Typically reports to a manager or head of a unit/department. The Letter of Credit Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Letter of Credit Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

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Loan Officer
  • Farm Credit Council
  • Sycamore, IL FULL_TIME
  • Job Description:

    Compeer Financial is seeking collaborative, innovative and dynamic professionals to be a part of our Top Workplace culture!

    Tell me more about this opportunity.

    Position Overview: This position manages and grows the loan and lease portfolio through counseling and servicing existing clients while pursuing new loan sales development opportunities with prospective clients. Builds strong client relationships and provides innovative and workable alternatives to solve problems clients face in ongoing agricultural operations.

    Essential Functions:

    Meets with clients on the farm and in the office to discuss their financial needs.
    Determines which products Compeer offers will meet their needs for loans, leases, crop insurance, life insurance etc.
    Continually develops solid relationships by bringing valued knowledge and experience to the client to help them manage their agricultural operations more effectively and efficiently.
    Works with clients to gather and analyze their financial information.
    Provides a review of the client financial position utilizing internal tools to provide insights to the client.
    Processes new loan applications, renewal of existing operations for commercial and real estate loans.
    Processes loan servicing requests including partial releases, change of payment, extensions and other items.
    Fields phone calls and attends meeting with clients to discuss agricultural topics.
    Seeks new loan business by developing relationships with existing clients, searching for new clients and meeting with prospective clients to gain their business.
    Monitors farm sales and contacts potential buyers.
    Attends agricultural meetings, farm open houses/tours, trade shows, extension meetings and other networking events to keep current on agriculture and financial market changes.

    Minimum Qualifications & Required Knowledge, Skills & A bilities:

    Bachelor's degree in business, agriculture, or related field or an equivalent combination of education and experience sufficient to perform the essential functions of the job.
    Minimum experience required is based upon size, scope and complexity of the position. Experience in agribusiness/farming industry or similar experience in agriculture credit or closely related field required.
    Current state insurance license to sell crop insurance.
    Advanced knowledge of "value added" business and farming concepts.
    Advanced knowledge of loan products and services, as well as credit operations.
    Advanced knowledge of farm production methods, farm products, and farm business management/finance.
    Effective interpersonal, communication, client service and team skills.
    Effective problem solving and decision making skills.
    Strong problem solving, decision making and organizational skills.
    Stron g computer skills, including MS Office applications and customer relationship management (CRM) programs.
    Strong analytical skills with attention to detail.
    Flexible and adaptable to changing situations.
    Ability to work independently and collaboratively with other teams to achieve goals and represent the business.
    Ability to network with clients, prospects and key influencers.
    Knowledge of accounting principles with a strong understanding of financial reports, ratio and benchmarks.
    Valid driver's license.



    Who is Compeer Financial?
    Compeer Financial exists to champion the hopes and dreams of rural America. By joining our team, you will help empower those in agriculture and rural communities to achieve their goals and expand their possibilities. We embrace business agility and innovative approaches to serving our clients and communities.

    Why join our team?

    Amazing team members who are passionate about serving agriculture and rural America.
    Investment in our team members' education, growth and development.
    Engagement in our communities through giving back and volunteerism.
    Flexible, collaborative and dynamic work environment.
    Great benefits:

    Medical, Dental, Vision insurance
    401K (3% Compeer contribution & up to an additional 6% match)
    Paid time off (vacation, sick leave, holidays, volunteer time)



    Find out why our team members choose Compeer Financial by watching this video.

    How do I apply?
    Qualified candidates, please apply online at .

    Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

     

  • 16 Days Ago

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Financial Officer - Green Industry
  • Farm Credit Council
  • Sycamore, IL FULL_TIME
  • Compeer Financial is seeking collaborative, innovative and dynamic professionals to be a part of our Top Workplace culture! Tell me more about this opportunity. Position Overview: This position manage...
  • 23 Days Ago

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Chief Financial Officer
  • FIRST COMMUNITY CREDIT UNION
  • Beloit, WI FULL_TIME
  • Position Purpose: Direct and manage all practices and activities in the Finance and Accountingfunctions to ensure compliance with State and Federal rules and regulations. Manage auditing,accounting, a...
  • 1 Day Ago

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Credit representative
  • Family Credit Management
  • Rockford, IL FULL_TIME
  • As a Credit Counselor, you will help consumers determine the best course of action to take control of their debt. Counseling sessions with consumers consist of reviewing credit reports, budgets, and p...
  • 3 Days Ago

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Commercial Credit Analyst
  • ADVIA CREDIT UNION
  • Janesville, WI OTHER
  • Job Details Job Location: Janesville, WI Position Type: Full-Time Salary Range: Undisclosed Travel Percentage: Up to 25% Job Shift: Weekdays and Saturdays Job Category: Commercial DescriptionEmploymen...
  • 8 Days Ago

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Credit Counselor/ Sales Representative 8:30AM-5:00PM and 9:30AM-6:00PM Shifts Available
  • Family Credit Management
  • Rockford, IL FULL_TIME
  • As a Credit Counselor, you will help consumers determine the best course of action to take control of their debt. Counseling sessions with consumers consist of reviewing credit reports, budgets, and p...
  • Just Posted

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0 Letter of Credit Officer jobs found in Rockford, IL area

Rockford is a city in Winnebago County in the U.S. state of Illinois, in far northern Illinois. Located on the banks of the Rock River, Rockford is the county seat of Winnebago County (a small portion of the city is located in Ogle County). The largest city in Illinois outside of the Chicago metropolitan area, Rockford is the third-largest city in the state and the 171st most populous in the United States According to 2010 U.S. Census Data, the City of Rockford had a population of 152,871, with an outlying metropolitan area population of 348,360. The City of Rockford's population is 147,051...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Letter of Credit Officer jobs
$50,487 to $83,647
Rockford, Illinois area prices
were up 1.3% from a year ago

Letter of Credit Officer in Great Falls, MT
Verifies and approves air releases and steamship guarantees for Letters of Credit.
December 22, 2019
Letter of Credit Officer in Pittsfield, MA
There are plenty of opportunities to land a Credit Officer position but it won’t just be handed to you.
February 23, 2020
Letter of Credit Officer in Lawrence, MA
This is clearly a very important part of trade and where international trade is taking place, a Letter of Credit Officer is often critical to the trading process.
January 01, 2020