What are the responsibilities and job description for the Ag Portfolio Manager position at BankFirst Financial Services?
BASIC PURPOSE OF POSITION
Based in Macon, MS, the Agricultural Portfolio Manager manages the technical administration and health of a specialized loan portfolio across Mississippi and Alabama. Reporting to the FSA Coordinator, the role ensures strict regulatory compliance for FSA-guaranteed and conventional loans—specifically within the poultry, catfish, and row crop sectors—to mitigate credit risk and preserve federal guarantees.
DUTIES OF POSITION
I. FSA Portfolio Servicing
- Compliance: Maintain 100% guarantee retention through rigorous lifecycle servicing of Farm Ownership and Operating loans.
- Reporting: Execute timely submissions of FSA-2241 and FSA-2248 reports via USDA LINC/GLS.
- Servicing Actions: Prepare documentation for subordinations, collateral releases, and debt restructures (FSA-2231).
- Audit Readiness: Ensure all loan files, AD-1026 forms, and environmental due diligence meet annual review standards.
II. Commodity-Specific Oversight
- Poultry: Monitor integrator grower contracts and manage mandated facility upgrades per FSA terms.
- Catfish: Track pond inventories and align repayment schedules with regional harvest cycles.
- Row Crops: Verify crop insurance compliance and audit Actual Production History (APH) against projections.
III. Conventional Loan & Risk Management
- Lien Perfection: Protect first-priority positions via UCC-1 renewals and EFS filings in MS and AL.
- Asset Monitoring: Manage borrowing base certificates and track "burn rates" on seasonal operating lines.
- Financial Analysis: Use FINPACK to perform "Actual vs. Projected" cash flow reviews and identify early-warning credit deterioration.
- Inspections: Conduct annual on-farm inspections of equipment, livestock, and crop progress.
QUALIFICATIONS, EXPERIENCE & SKILLS
- Education: Bachelor’s degree in Agribusiness, Finance, or related field (or equivalent experience).
- Experience: 3–5 years in agricultural credit, portfolio management, or loan servicing.
- Technical: Deep knowledge of USDA FSA 2-FLP Handbook and proficiency in FINPACK and LINC/GLS.
- Regional Knowledge: Familiarity with Southeastern commodities and biosecurity (HPAI) standards.
BankFirst is an EO employer- M/F/Veteran/Disability