Credit Analyst

Role Description

Farmer Mac is looking to hire a driven, analytical, industry focused and personable individual for the position of Credit Analyst - Power & Utilities. This Credit Analyst will support credit and analysis functions in Farmer Mac’s Power & Utilities group to gain a foundation for underwriting and develop on-the-job credit experience in Power & Utilities (and other Infrastructure Finance groups as needed).

The Credit Analyst plays a key role in analyzing, underwriting, and providing recommendations for new credit transactions, closing loan acquisitions as well as administering various ongoing portfolio monitoring functions. This role supports a seasoned relationship management team responsible for growing Farmer Mac’s Power & Utilities portfolio.

The suitable candidate will learn to:

• Analyze the current, historical, and projected financial condition and repayment capacity of borrowers.
• Evaluate subjective borrower characteristics including customer profiles, revenue concentrations, competitiveness and composition of supply resources, state and local regulatory environments, and the health of relevant power markets.
• Conduct research and assess data from seller documents, borrower websites, and public and subscription databases.

This role is expected to quickly contribute towards supporting growth within Farmer Mac’s Broadband Infrastructure segment and significantly contribute to Farmer Mac’s strategic objectives and initiatives.

Suitable candidate must be:

• Curious
• A self-starter
• Able to work and complete various and recurring tasks timely and thoughtfully
• Proactive and an effective communicator

The Credit Analyst will be an integral part of the Power & Utilities team, reporting directly to the Senior Managing Director of Infrastructure Finance and will have daily interactions with the Relationship Managers of Power & Utilities, Transaction Management, and internal and external partners.

Farmer Mac embraces a Presence with Purpose work environment, which allows for flexibility of work location while providing the opportunity for teams to come together in the office with purpose. The position is remote with preference for candidates in Washington, D.C. or Denver, CO areas. Work outside of core hours may be required for planned and unplanned activities to complete time sensitive projects or to attend off-site meetings or events.

Primary Responsibilities and Duties

• Support Power & Utilities loan portfolio and collaborate with key internal stakeholders including Relationship Managers, Credit, and Transaction Management.
• Assess and analyze new loan transactions to electric distribution and generation and transmission borrowers within prescribed standards and underwriting guidelines.
• Analyze the current, historical, and projected financial condition and repayment capacity of borrowers.
• Identify key risks and issues pertinent to each credit request, including mitigants for identified risks.
• Spread financial statements in Moody’s CreditLens and Farmer Mac’s internal excel templates.
• Assist with portfolio administration, including helping update bi-weekly loan pricing worksheets, loan pricing research, and facilitating periodic rate reset actions for existing loans.
• Assist with a wholesale lending program including quarterly compliance tracking, annual reviews, and ad-hoc competitive bid proposals.
• Develop and maintain knowledge of the electric cooperative industry through research and periodic attendance of conferences.
• Provide analyst support across other Infrastructure Finance segments, as needed.
• Support organization wide initiatives and processes to improve efficiency, productivity, sourcing and credit quality.

Qualifications

• Bachelor’s degree in accounting, finance, business administration, economics, engineering or related field.
• Fundamental understanding of accounting and financial statements.
• At least two years of professional experience, which would have included managing multiple priorities and working both independently and as part of a team.
• Knowledge of Microsoft Office applications (Outlook, Word, and Excel) and other business software.
• Thoughtful, inquisitive and curious in nature with heightened attention to detail appropriate for transactions of significant size and risk.

Benefits

• Competitive salary range between $65,000-$85,000, based on experience and geography.
• Performance-based bonus and equity-based awards.