Credit Analyst III

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

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. This candidate is expected to have higher production in both units and exposure to analyze a Borrower with limited review required and at the level of the banks lending limits. 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.

Education and Experience:

• 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

Skills and Abilities:

• 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 
• Ability to use a loan origination system/spreading software
• 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

Tasks Performed:

• 65% Prepare 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). These memorandums will include annual reviews, renewals and new money deals.
• 15% Analyze financial statements, prepare spreads and cash flows, complete modifications, waivers, and change memos as needed. Modify and restructuring existing loans with loan officers.
• 10% Willingness to collaborate with newer analysts in order to build training skills of the analyst as well as foster development of newer analysts.
• 5% Travel and other duties as assigned

Physical Requirements:

• Communicate effectively with internal and/or external customers
• Stationary 75% of time or greater
• Move Objects to Maximum 10 lbs

Why Work at NBT

At NBT we empower people to grow, innovate, and thrive through meaningful work, a supportive culture and opportunities to make a real impact in your community – because your success drives our success. 

Wellbeing 

At NBT, we value and support your wellbeing by offering generous time-off policies, wellness initiatives and flexible work arrangements, so you can thrive both personally and professionally. 

Community Involvement 

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. 

Culture 

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. 

Career Development 

Whether you’re just starting your career or serve in a senior leadership role, your growth and development are our priority. NBT provides a wide variety of development programs and tools for you to reach your full potential. 

Total Rewards 

NBT recognizes and rewards your contributions with competitive compensation, comprehensive benefits and performance-based incentives – ensuring you feel valued every step of the way.   

Business Stability 

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. 

Benefits for Full-Time Employees: 

• 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. 

Benefits for Part-Time Employees Working 20+ Hours/Week: 

• Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants. 

• Dental and Vision Coverage: Ensuring your overall health and well-being.

• Voluntary Benefits: Including hospital, accident, and critical illness coverage.

• Generous Parental Leave: Six weeks of paid leave at 100% of your salary. 

Benefits for All Part-Time Employees: 

• Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan for employees who work at least 1,000 hours in a calendar year, all designed to help secure your future

• Paid Sick and Safe Leave: For your health and safety. 

• Employee Assistance Program (EAP): Access to support and resources. 

• Financial and Banking Services: Various banking services benefits and financial planning assistance.

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.