Managing Director - Financial Sponsors

Full Time
Greenwood Village, CO 80111
$220,000 - $300,000 a year
Posted
Job description
Benefits Overview:

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 doing work that matters. In order to be the best, we hire the best!

Remarkable Benefits offered by CoBank

  • Competitive Compensation & Incentive
  • Hybrid work model - flexible work 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 an 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
  • On-site Fitness Center and Cafe
  • ECO transportation pass provided to every Denver associate
Job Description:
At CoBank, the Managing Director is responsible for the operation of the bank’s Financial Sponsors Coverage Team in support of the Board of Directors approved business and financial plan. Manages the overall relationship and credit teams responsible for the portfolio businesses owned by Financial Sponsors and other non-traditional investors, whose investments are concentrated within the food, beverage, and agribusiness sectors. Works with team to develop, market, and underwrite comprehensive financial solutions for customers involving all CoBank products and services. Manages directly and indirectly the overall profitability and credit quality of the loan portfolio. Approves or recommends credit decisions as appropriate. Supervises the implementation of marketing and account servicing plans. Provides value-added advisory and credit structuring consultation to customers, relationship managers, and credit underwriting. Maintains effective relationships with governmental, industry, and financial groups to enhance financial performance and business effectiveness. Supports CoBank’s engagement of and collaboration with the Farm Credit System. Advances their team’s assigned functional specialization.


Essential Duties and Responsibilities:


  • Provides leadership, organization, staffing, development, direction, and day-to-day management for the Financial Sponsors Coverage Team to ensure effective allocation of resources to support the achievement of strategic objectives and CoBank’s business plan.
  • Manages Financial Sponsors through effective organization of resources to ensure growth, profitability, sound lending, and superior customer service consistent with the directives of board and executive management. Provides consistent direction and develops internal controls which enhance achievement of the bank and group goals while encouraging and developing a marketing focus for the group.
  • Effectively communicates goals and objectives internally and externally so that customer satisfaction is maintained at high levels and the group/division business objectives are attained.
  • Develops and implements marketing and business development strategies which emphasize leadership and agency roles for CoBank and the Farm Credit System, new business, fee income, and leveraging the cross selling of the bank’s suite of financial products and services.
  • Complies with the bank’s established and management approved portfolio strategy.
  • Works with other units of the bank to assure that the Farm Credit System Cooperation Philosophy is successfully executed.
  • Provides appropriate strategic leadership, and builds a cohesive team that is focused on both internal and external customers and that is capable of partnering effectively across the firm.
  • Establishes and maintains contacts at the highest levels with important stakeholders who can have a positive impact on the bank’s overall image, operations, and ability to develop new business.
  • Oversees the preparation of the operating budget for areas of responsibility.
  • Monitors the achievement of budgetary goals for areas of responsibility and is ultimately responsible for their profitability.
  • Responsible for compliance with regulatory requirements, and internal policy and procedures to ensure a robust controls environment.
  • Participates in special initiatives and performs other duties as assigned.


Basic Qualifications

    • Bachelor’s degree in business, finance or another relevant discipline;
    • Fifteen (15) years of progressive experience with expert knowledge in banking, corporate finance, debt capital markets and commodity markets. Experience as a leader within an institution of comparable scale and complexity required.

Preferred Qualifications


  • Master’s degree, MBA, CFA or other advanced degree.
  • Extensive background in finance, credit and business development working directly with Financial Sponsors and other non-traditional investors.
  • Proven management, business development, strategic planning, negotiation, marketing, and sales skills.
  • Expert knowledge of complex lending including leveraged lending (leading and arranging large, complex senior secured leveraged loans), financial structuring and credit arrangements, and bank products.
  • Knowledge of subordinated debt, mezzanine debt, unitranche debt, high yield bonds, and other forms of junior capital.
  • Proven leadership, management, and team building skills, and the ability to manage, train, and motivate diverse and inclusive teams.
  • Excellent organizational and time management skills, with the ability to deliver commitments while juggling multiple projects and priorities. Ability to work effectively under deadline pressures, and adjust quickly and effectively to changing priorities.
  • Excellent verbal and written communication and interpersonal skills, with the ability develop and maintain relationships and to communicate effectively to all levels of management, staff, and external stakeholders.
  • Knowledge of Microsoft Office applications (Word, Excel, PowerPoint, Outlook), Bloomberg, Refinitiv, PitchBook, and other relevant business applications and systems.


Compensation Information

  • Estimated Base Salary Range: $220,000-$300,000
  • Target short-term incentive opportunity:50%
About CoBank:
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 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.


CoBank will not consider a work visa H1B, EAD (Employment Authorization Document or Permit) or OPT (Optional Practical Training) for this position.

CoBank is an Equal Opportunity Employer.

CoBank requires all newly hired associates to be fully vaccinated against COVID-19, and new hires will be asked to register their proof of vaccination. Any offer of employment will be conditioned upon an applicant supplying proof of vaccination against COVID-19; provided, however that CoBank may provide a reasonable accommodation for an applicant’s known disability or sincerely held religious belief.

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