Credit Analyst III

Pay

Pay Range: $71,823.00 - $95,780.00

About the Role

Joins credit officers and commercial banking officers on client and prospect calls in multiple markets. Analyst may assist Credit Team Leader in providing trainings to junior analysts. Analyst may complete or captain special projects if needed. Analyst will complete annual reviews with the largest exposures and complexity levels to maintain asset quality.

Responsibilities

• Completes customer due diligence and analyzes borrower’s industry and company financial information with limited oversite.
• Prepares spreads, written analysis and underwriting documents providing a comprehensive financial analysis of the borrower and guarantor’s financial condition documenting repayment capacity, including industry comparisons, economic factors and projections.
• Utilizes enhanced cash flows, leverage ratio’s and can complete analysis on complex borrower structures when necessary.
• Completes accurate and detailed analytical memorandums on customers with larger exposures for commercial and industrial borrowers including complex borrowing structures and commercial real estate (office, industrial, multi family, affordable housing, construction).
• Analyzes financial statements, prepares spreads and cash flows, completes modifications, waivers, and change memos as needed. Modifies and restructuring existing loans with loan officers.
• Collaborates with newer analysts in order to build training skills of the analyst as well as foster development of newer analysts.
• Willingness to travel and perform other duties as assigned.

Requirements

• Bachelor’s Degree with a degree in accounting or finance preferred.
• Equivalent education and 3-4+ years as a Commercial Credit Analyst or comparable experience are also acceptable.
• RMA Courses such as (not limited to) Analyzing Business Tax Returns, Analyzing Personal Finance Statement and Tax Returns, Cash Flow Analysis – UCA Fundamentals, Commercial Real Estate Lending, Accounting and Ratio Analysis, The Business of Commercial Banking, Ethics and Decision Making, Borrower Analysis: Qualitative Factors, Balance Sheet Analysis, Income Statement Analysis, Combined Balance Sheet and Income Statement Analysis or other trainings through American Institute of Banking are a plus.
• Leadership programs (through NBT or other institutions) for coaching, mentoring, self awareness, etc.
• RMA or Credit Risk certifications and/or Sales Training.
• Established Individual Development Plan.

Qualifications

• Strong working knowledge and understanding of traditional financial analysis with the ability to interpret data while researching, analyzing and drawing conclusions.
• Ability to read loan documentation, understand loan structures, protect asset quality and read/understand financial statements along with having a financial wellness acumen.
• Ability to maintain a strong knowledge of loan policy and procedures.
• Ability to identify key trends during analysis and maintain critical thinking.
• Strong organizational, time management and prioritization skills with attention to detail.
• Excellent verbal, written, and interpersonal communication skills with strong presentation skills.
• Ability to make decisions effectively and handle conflict resolution with confidence.
• Team player able to work effectively in a team fostered, multi-tasking environment while developing, nurturing and leveraging relationships, both externally and internally, to accomplish results.
• Ability to work complex relationships with minimal oversight.
• Willingness to provide mentorship to younger analysts in order to expand the skillset of other analysts.
• Proficient in Microsoft Office suite, e.g. Excel, PowerPoint, Word, Outlook and experience in loan origination systems is a plus.

Skills

• Strong working knowledge and understanding of traditional financial analysis with the ability to interpret data while researching, analyzing and drawing conclusions.
• Ability to read loan documentation, understand loan structures, protect asset quality and read/understand financial statements along with having a financial wellness acumen.
• Ability to maintain a strong knowledge of loan policy and procedures.
• Ability to identify key trends during analysis and maintain critical thinking.
• Strong organizational, time management and prioritization skills with attention to detail.
• Excellent verbal, written, and interpersonal communication skills with strong presentation skills.
• Ability to make decisions effectively and handle conflict resolution with confidence.
• Team player able to work effectively in a team fostered, multi-tasking environment while developing, nurturing and leveraging relationships, both externally and internally, to accomplish results.
• Ability to work complex relationships with minimal oversight.
• Willingness to provide mentorship to younger analysts in order to expand the skillset of other analysts.
• Proficient in Microsoft Office suite, e.g. Excel, PowerPoint, Word, Outlook and experience in loan origination systems is a plus.

Benefits

• Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.
• Parental Leave: Six weeks of paid leave at 100% of your salary.
• Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.
• Dental and Vision Coverage: Ensuring your overall health and well-being.
• Flexible Spending Accounts: For healthcare and dependent care expenses.
• Employer-Paid Disability Coverage: Both short-term and long-term, with an option to purchase additional long-term coverage.
• Life Insurance: Employer-paid basic life insurance, with an option to purchase supplemental coverage.
• Voluntary Benefits: Including hospital, accident, and critical illness coverage.
• Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.
• Adoption Assistance: Supporting your growing family.
• Tuition Reimbursement: Invest in your education and career growth.
• Employee Assistance Program (EAP): Access to support and resources.
• Pet Insurance: For all your furry friends.
• Financial and Banking Services: Various banking services benefits and financial planning assistance.

Schedule

Stationary 75% of time or greater

Physical Requirements

• Communicate effectively with internal and/or external customers.
• Move Objects to Maximum 10 lbs.

Company Information

NBT is a stable financial institution that values and supports your wellbeing by offering generous time-off policies, wellness initiatives and flexible work arrangements, so you can thrive both personally and professionally. NBT believes community involvement fosters our success and the success of those around us. Through volunteer service and charitable partnerships, we empower our employees to make a positive impact beyond the workplace. NBT believes in creating a workplace where every voice matters and every team member feels empowered to contribute. With supportive leadership, we foster an environment where employees are connected, inspired, and valued. NBT provides a wide variety of development programs and tools for you to reach your full potential. NBT recognizes and rewards your contributions with competitive compensation, comprehensive benefits and performance-based incentives – ensuring you feel valued every step of the way. NBT has built a reputation as a stable financial institution by growing our people and our business, evolving our processes and managing risk. We've weathered the market's ups and downs for over 165 years, all while charting a well-defined growth plan. NBT offers benefits for full-time employees and part-time employees working 20+ hours/week, including Generous Paid Time Off, Parental Leave, Comprehensive Medical Coverage, Dental and Vision Coverage, Flexible Spending Accounts, Employer-Paid Disability Coverage, Life Insurance, Voluntary Benefits, Retirement Plans, Adoption Assistance, Tuition Reimbursement, Employee Assistance Program (EAP), Pet Insurance, Financial and Banking Services, and more. Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.