Careers at Legacy Ag Credit

Assists loan officers in the analysis, servicing, and reporting of the association’s mortgage and commercial loans. Fully competent professional, assignments are varied and moderately complex in nature, some latitude for decision making, works under moderate supervision.

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, Terrell, and Longview. As part of the Farm Credit System for more than 100 years Legacy Ag Credit is a rural agricultural lender and a private cooperative, focused on financing farms, timberland, recreational property, agribusiness firms and rural homes.

Education and Experience Requirements

Bachelor’s degree in Finance, Business Administration or a related field, or equivalent experience and two (2) to four (4) years of experience in the administration and analysis of credit on commercial and mortgage loans including risk assessments and recommendations on approval of loan applications.

Essential Functions

• Assists loan officers in the analysis, servicing, and reporting of the association's mortgage and commercial loans.  Works directly with lending staff in the development of appropriate credit decision and prepares other reports as requested by management.
• Analyzes financial information including balance sheets, income statements, cash flow and tax returns to form an opinion of the strengths, weaknesses and risks associated with loan packages.  Determines probability of default (PD) ratings as appropriate and make recommendations for approval or denial of loan.
• Interprets, communicates, and provides guidance to loan officers regarding association lending policies and procedures.
• Reviews and approves loans submitted by other lending staff that exceed their delegated authority.
• Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance status assignments are proper.
• Complies with proper credit administration practices as outlined in the associations policies and procedures.
• Assists senior-level credit analysts with complex loan applications as necessary.

Skill Requirements:

General knowledge of accounting/financial systems. Specialized knowledge of accounting/finance principles. Skill in oral and written communication. Intermediate skill level in Microso          ns. Ability to

perform intermediate-level accounting and financial analyses under moderate supervision.

Our comprehensive benefit program includes, but is not limited to:

• An outstanding company-wide incentive program
• Accommodating and flexible vacation and sick leave
• 10-12 paid holidays per year
• 401(k) plan with up to a 9% employer contribution/match
• Affordable health, dental, and vision plans
• Employer paid life insurance and disability
• Tuition reimbursement

To Apply

To be considered for this position, please email or fax your resume and salary history to the following:

Legacy Ag Credit, ACA
ATTN: Sherry Sturgis, Senior Vice President/Chief Administrative Officer
303 Connally
Sulphur Springs, TX 75482
Sherry.Sturgis@legacyaca.com

We are an Equal Employment/Affirmative Action employer. We do not discriminate in hiring on the basis of sex, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.

Manages the overall functions of a medium to large-sized branch office including

credit quality, loan servicing, business development, and personnel administration. Has a high level of delegated

authority and some supervisory responsibility, but a majority of duties are related to loan making. Has considerable

latitude for decision making in the implementation of association goals.

EDUCATION AND EXPERIENCE REQUIREMENTS:

Bachelor’s degree in Business Administration,

Finance, Agricultural, Economics, or a related field, or equivalent experience and five (5) to seven (7) years or

progressively responsible banking or related agricultural lending experience, including at least one (1) year in a

supervisory and/or Management position.

ESSENTIAL FUNCTIONS:

1. Responsible for goals and objectives for the assigned branch office and its employees and delegates authority

as appropriate to carry out the goals and objectives. Motivates, evaluates, and provides training for branch

office employees. Consults with upper management concerning staffing needs.

2. Promotes the association by maintaining good public and member relations.

3. Generates new loan business, services existing loans, and manages the loan portfolio of assigned office.

Completes loan analyses within the guidelines and policies of the association. Processes and approves loan

requests within the limits of delegated authority and in accordance with association guidelines. Prepares and

submits loan requests that exceed delegated lending authority to the appropriate management level along with

recommendation for approval or rejection.

4. Ensures that all assigned loans are properly risk rated, assigned loss given defaults are correct and performance

status assignments are proper.

5. Complies with proper credit administration practices as outlined in the association’s policies and procedures.

6. Determines the eligibility and scope of financing for all new loans and ensures verification of assets and

liabilities. Secures background and credit history on new loans, repeat loans and renewals. Provides for

evaluation of loan collateral in accordance with association policies and procedures. Ensures proper lien

perfection on all collateral.

7. Maintains awareness of agricultural trends and business activity, FCA regulations, and legal obligations.

Ensures branch office operations comply with applicable policies, regulations, and laws. Prepares reports as

required by association management, the Board of Directors, and regulatory bodies.

8. Coordinates the implementation of advertising and marketing programs.

9. Performs collections and management of branch offices, adverse assets including acquired property as required

to minimize potential loss to the association’s acquired property as required.

10. Responsible for day-to-day operations of the branch.

SKILL REQUIREMENTS:

Specialized knowledge of banking administration and accounting policies,

procedures, reports, guidelines, and banking regulations. Specialized knowledge of financial analysis and

asset/liability management. General knowledge of accounting/financial systems. Specialized knowledge of

accounting/finance principles. Skill in oral and written communication. Intermediate skill level in Microsoft Office

applications. Ability to perform intermediate-level accounting/financial analyses.

COMPANY PROFILE:

Legacy Ag Credit, ACA is a full-service, locally owned cooperative lender specializing

in financing rural land and agricultural operations in Northeast Texas. We are headquartered in Sulphur Springs

and have five offices conveniently located across the northeastern region of Texas in Sulphur Springs, Canton,

Gilmer, Terrell, and Longview. Part of the Farm Credit System, we provide financing for farms, timberland,

recreational property, agribusinesses, and rural homes.

BENEFITS:

Our comprehensive benefit program includes, but is not limited to:

• An outstanding company-wide incentive program
• Accommodating and flexible vacation and sick leave
• 10-12 paid holidays per year
• 401(k) plan with up to a 9% employer contribution/match
• Affordable health, dental, and vision plans
• Employer paid life insurance and disability
• Tuition reimbursement

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