Capital Farm Credit, headquartered in beautiful Bryan, TX, is a member owned lending cooperative and a proud member of the nationwide Farm Credit System. Capital Farm Credit is one of the most experienced and trusted lenders serving rural communities and agricultural producers throughout Texas. As a cooperative, we are owned by the same farmers, ranchers, agribusinesses and rural homeowners we serve. They have a vote and a voice in the business. Better yet, they share in our earnings. We focus on maintaining a fiscally strong and efficient organization. It's a part of our cooperative business model — to operate in our members' best interests — and it definitely stacks up in their favor.
Our team of over 500 employees serving 192 counties throughout Texas provide capital and financial services to full-time farmers, part-time farmers, and land buyers alike. With our mission to help our members grow through our profit-sharing program and relationship-driven lending, our cooperative structure is strengthening farmers, ranchers, agribusinesses and rural homeowners in the communities in which we live and work, as well as rural America.
As a part of the Farm Credit System, a nationwide network of borrower-owned lending institutions and specialized service organizations, the Farm Credit System provides loans, leases, and related services to farmers, ranchers, rural homeowners, aquatic producers, timber harvesters, agribusinesses, and agricultural and rural utility cooperatives and has more than $320 billion in assets.
Established in 1916 the nationwide Farm Credit System has maintained long-standing traditions of independence, strength, stability and service in meeting the financing needs of our customers/owners, whether for real estate, operating equipment, livestock funds or agribusiness needs. Throughout our history, the dedication of our directors and staff to these qualities has enabled the Association to succeed at its mission.
As the current CEO of Capital Farm Credit will be retiring after a robust 45-year track record of success and growth, the board of directors is seeking the CEO to lead this vibrant organization into the future. With over $8 billion in assets, our team has a tremendous runway for growth and the capital to serve our customers.
In collaboration with the Board of Directors, the CEO is responsible for the overall operation of the association. The CEO will provide clear strategic visioning and execution of business plans in a profitable, competitive and financially sound manner. She/he will also represent the association to the community, financial community, and association membership. The CEO will develop supervisory controls and present reports to the association board and provide executive leadership and direction to the operating units consistent with safe and sound business practices; local board policies; compliant with the financing agreement with the funding bank (Farm Credit Bank of Texas); FCA (Farm Credit Administration) regulations; and federal, state and local laws. The CEO will foster a culture that promotes ethical practices, encourage individual integrity and fulfill its social responsibility.
- Provide leadership to the association and its board of directors that will inspire the highest level of devotion to duty, professionalism, fairness and mutual respect. Promote the association as a recognized leader in agricultural and rural finance and as a leader in the communities it serves.
- Establish association goals and objectives and set the tone of the working environment and the overriding credit culture of the organization. In concert with board of directors’ policies, promote the effective operation of the association and foster a positive image of the association amongst borrowers, the business community and employees.
- Establish and maintain a professional, collaborative working relationship with other entities including the Farm Credit Bank of Texas and the Farm Credit Administration. Represent the association at various public relations functions and serve as an active member of the community.
- Develop and implement long and short-range plans for all areas of association operations that will perpetuate it as a financially sound organization capable of serving the agricultural credit and financially related service needs of customers. Research and evaluate agricultural and economic developments in the local service area as well as regional, state and national trends that will have an impact on association operations and profitability. Develop both short- and long-range financial projections/budgets and monitor performance against forecasts.
- Oversee the appropriate staffing and compensation levels for association employees. Responsible for ensuring that employees are hired, developed and retained in accordance with the goals and objectives of the organization. Provide regular review of culture and performance in accordance with established standards of best practice, the board and strategy.
- Plan and participate in all association board meetings and provide meaningful data from which the board can make sound business decisions. Provide required materials and information to association stockholders at the association’s annual meeting or at other times as deemed appropriate.
- Report to the board on all significant activities and developments that affect the operation of the association. Develop policies and procedures that will ensure credit and financially related services are extended in a prudent manner in accordance with all federal, state and local laws and district policies and regulations.
- Ensures internal controls are developed and followed to safeguard confidentiality of information, association assets and compliance with standards of conduct and conflicts of interest.
- Strong commitment and adherence to personal values that align with Capital Farm Credit culture and code of ethics.
- 10+ years of successful experience in senior leadership, preferably in a financial institution of similar asset size and complexity.
- Strong analysis, judgment and strategic thinking, including the creation of business and strategic plans.
- Superior leadership, team building and talent development skills, leading a large team of direct reports.
- Exceptional communication skills, fostering strong relationships with the funding bank, regulator, partners and all stakeholders.
- Advanced knowledge and demonstrated experience in ag-lending, policy, scope and eligibility requirements, including Farm Credit System experience, strongly preferred.
- Bachelor's degree in Business Administration, Finance, Agricultural Economics or related field. Advanced education preferred or certificate from a graduate School of Banking preferred.
- Demonstrated knowledge of the agricultural markets and agricultural lending strongly preferred.
- Farm Credit System experience preferred.
It is the policy of Capital Farm Credit to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Capital Farm Credit will provide reasonable accommodations for qualified individuals with disabilities.
NOTE ON THE SELECTION PROCESS
The Board of Directors of Capital Farm Credit will be working with FCC Services to manage the selection process. Leading the process is Jay Lux, Vice President of Organizational Development at FCC Services. Applications/resumes will be confidentially submitted to Mr. Lux.
FINAL DATE FOR APPLICATION: November 18, 2020
If you have any questions, please contact Jay Lux, FCC Services, at 651.982.4568 or email@example.com.