CoBank
is hiring
Senior Business Analyst
About Our Company
CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 75,000 farmers, ranchers and other rural borrowers in 23 states around the country.
Job Description & Responsibilities
At CoBank, Senior Business Analyst identifies, develops, manages and evolves products that support CoBank customers’ financial and process requirements, are “value add,” ensure CoBank is an integral component of customers’ processes, and contribute to CoBank’s profitability through revenue enhancement or cost reduction. Interacts with customer, sales, implementation, product support, operations and information technology (IT) as required to facilitate support of products and processes.
- Manages and evolves existing product line(s), Monitors competitive products, performs on-going review of costing dynamics, and evaluates product profitability.
- Prepares business plans in support of new products/initiatives and major upgrades and enhancements.
- Participates in recommending strategic alliances with specialty product providers and, where appropriate, assists in managing strategic alliance relationships.
- Collaborates with division and line management to create product pricing, positioning and roll-out strategies, on-going marketing plans, product education and promotion efforts.
- Collaborates with IT and strategic alliances to create and manage project plans for the enhancement of existing products and/or development of new products.
- Manages all business related functions during the product development and management life-cycle, including requirements definition, system table configuration and user acceptance testing.
- Pro-actively seeks feedback from constituents and effectively manages input for product improvement and assists in the resolution of service issues or problems.
- Ensures an effective and efficient credit approval process. Fosters a collaborative credit culture with early interaction between Credit Approval and the line to identify core issues and structuring concerns.
Requirements
Basic Qualifications
- Bachelor's degree in relevant discipline and 5 years of relevant work experience including a successful record of development and product enhancement in area of responsibility; or appropriate combination of education and experience.
Preferred Qualifications
- Industry expertise in domestic and/or international product management/development
- Ability to focus on customer and line requirements while working in a team environment and managing matrix resources, including the ability to understand and apply knowledge of technology issues related to product development responsibilities.
- Understanding of the bank’s regulatory environment and the Farm Credit System.
- Ability to apply creative and innovative approaches to the management of both technical and non-technical projects.
- Master's Degree Preferred
What we offer
A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you choose a career with CoBank, you make a difference by standing for something that matters. In order to be the best, we hire the best!
Remarkable Benefits Offered By CoBank
- Careers with a purpose- stand for something!
- Competitive Compensation & Incentive
- Hybrid work model – flexible arrangements for most positions
- Benefits Packages, including: Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
- CoBank University robust curriculum –associate training and development, including higher education tuition reimbursement
- Outstanding 401k – up to 6% matching and additional 3% non-elective contribution
- Time-Off Packages – Vacation 15+ days, 10 Paid Sick Days, and 11 Paid Holidays
- Community Impact – United Way Angel Day, Volunteer Day and Associate Directed Contribution
- Associate Resource Groups – creating a culture of diversity and inclusion
- Recognize a fellow associate with “GEM” awards, including a monetary value
Compensation Information
- Estimated Base Salary Range: $80,000-100,000
- Target short-term incentive opportunity: 11%