Associate Credit Officer

Pay Range: $82,901.00 - $110,549.00 Provides support to the Credit Officer underwriting loans with moderate and higher level complexity. Joins credit officer and commercial banking officers on client and prospect calls in multiple markets. Completes due diligence and analyzes industry and company financial information. 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 and projections when necessary, LAR, and other materials supporting loan approvals as needed. Demonstrates strong judgment in loan structuring and recommendations for approval and an ability to interact effectively with clients. Education and Experience: 4 Year College degree, preferably in Finance or Accounting or equivalent education and experience Minimum 5 years lending or credit experience Skills and Abilities: Strong verbal, writing and interpersonal skills. Excellent analytical, credit and underwriting skills. Sound organizational and time-management skills. Complete knowledge of commercial loan policy and appropriate federal and state regulations pertinent to commercial lending. Sound understanding of economics, commercial finance and accounting . Tasks Performed: 45% Prepares written analysis of loan requests providing a comprehensive financial analysis of the borrower and guarantors financial condition documenting repayment capacity, including industry comparisons and projections when necessary on loans of moderate to higher level of complexity. Works independently and demonstrates good judgment based on knowledge and experience when preparing financial models and risk assessments. Uses industry knowledge and experience to propose appropriate loan structures. Conducts loan level stress analysis and is able to identify critical risk factors and propose appropriate loan structures and factors to mitigate credit risks. 15% Join credit officer and relationship managers on client and prospect calls and on period visits and meetings in person with teams in markets. Participates in monthly pipeline reviews and assists to coordinate workflow with LOB and credit support. 10% Assist lending officers in preparing, completing and reviewing the materials necessary to present a loan request to Officer Loan Committee and the Board of Directors Loan Committee for approval. 10% Prepare reports to management and others using various system reports and miscellaneous data when needed, assist with portfolio administration within the Commercial Loan Division, and assist with training credit support and other staff members. 10% Spread tax returns, business and personal financial statements and prepare financial projections as appropriate. 5% Maintain awareness and working knowledge of loan policy and procedures , loan products, remains current on economic and market conditions, and accounting and regulatory changes. Responsible to integrate new information effectively in work products. 5% 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. NBT Bank offers a stimulating work environment that recognizes talent and encourages teamwork. Our employees benefit from a total compensation package, including competitive salary, bonuses and a wide range of benefits for eligible employees. Join NBT Bank and build your career through the many growth, learning and collaborative opportunities made available across the company. EEO is the law EEO is the Law Poster Supplement Pay Transparency Nondiscrimination Provision Family Medical Leave Act (FMLA) Poster Employee Polygraph Protection Act (EPPA) NBT Bank is an equal opportunity employer and fully supports a diversified environment. We do not discriminate against any applicant or employee because of race, color, religion, sex, national origin, age, disability, sexual orientation, marital status or veteran status, recently separated veterans, genetic information, victims of domestic violence and stalking or any other class protected by Federal, State or local law. This policy applies to all terms of employment. NBT Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the Careers website or submission process, please call View phone number on click.appcast.io or contact us via email at View email address on click.appcast.io. The Human Resources Shared Service Center hours of operation are Monday through Friday, 8:00 AM to 5:00 PM EST.