Manager Credit Risk

Confirmed live in the last 24 hours

Compeer Financial

Compensation

$105,700 - $160,300/year

IL-Bloomington; Open to any Compeer location

Hybrid

Posted March 20, 2026

Job Description

Empowered to live. Inspired to work.
Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

How we support you:

Hybrid model – up to 50% work from home
Flexible schedules including ample flexibility in the summer months
Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
Learning and development programs
Mentorship programs
Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

To learn more about Compeer Financial visit www.compeer.com/careers.

Where you will work:
This position offers a hybrid work option up to 50% remote and is open to any Compeer office location in Illinois.

The contributions you will make:

This position leads a team responsible for the management and servicing of high-risk asset portfolios across an assigned region or territory. The position blends people leadership, credit decision‑making, and risk management expertise to support strong portfolio performance, effective resolution strategies, and regulatory compliance.

A typical day:

Team Management

Leads and develops a geographically diverse team responsible for the management and resolution of complex and high-risk credit exposures, including coaching, performance management, and professional development.
Fosters a collaborative and accountable team environment while managing workloads and resources to ensure efficient and timely resolution of work.
Provides guidance and training related to credit processes, systems, documentation requirements, and policy interpretation.

Credit Analysis and Decision Authority

Leads the evaluation of complex lending and servicing requests by reviewing financial statements, credit analyses, and supporting documentation to assess borrower risk and repayment capacity.
Exercises delegated lending authority by approving, declining, or escalating credit decisions in accordance with established policies and authority limits.
Determines appropriate credit structures, loan terms, risk ratings, and account classifications based on transaction complexity and risk profile.

Credit Resolution and Loan Servicing Oversight

Provides oversight and strategic direction for the management and resolution of distressed or high-risk credit exposures within the Risk Asset Unit.
Guides team members in developing restructuring strategies, financial recovery plans, and other solutions for financially stressed clients.
Oversees servicing strategies and monitoring plans for higher-risk accounts, including delinquency trends, restructures, disbursements, receipts, and repricing activities

Collection and Legal Recovery

Leads and supports the resolution of complex or non-performing credit exposures through restructuring strategies, negotiated settlements, forbearance arrangements, and other recovery solutions.
Approves or denies restructuring requests, including standsti

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