Asset Quality Manager

Pay Range: $82,901.00 - $110,549.00 Responsible for administration, monitoring, reporting, governance, and continuous improvement of the Bank’s asset quality processes. The role serves as a senior professional resource supporting Credit Administration, Workout, Commercial Banking, Risk Management, Finance, and Operations by analyzing portfolio performance, identifying emerging risks, administering asset quality programs, coordinating due diligence activities, and recommending process improvements. Exercises independent judgment in evaluating portfolio trends, managing complex reporting requirements, supporting problem asset administration, and leading cross-functional initiatives. Education & Experience: Bachelor’s degree in Finance, Accounting, Business Administration, Economics, or related field required. Minimum 7-10 years of progressive banking, credit administration, special assets, loan review, commercial credit, or risk management experience. Skills & Abilities Advanced commercial credit knowledge Strong analytical and forecasting skills Proficiency in Excel and reporting systems Strong communication, project management, and problem-solving abilities Knowledge of regulatory expectations and asset quality practices. Unique Job Requirements Professional office environment with periodic travel as business needs require. Tasks Performed Asset Quality Administration & Portfolio Monitoring (25%) Administer criticized, classified, watch list, and non-performing asset monitoring processes. Owns Asset Quality meetings, while improving the flow and quality of information presented. Monitor portfolio migration trends and emerging risk indicators. Administer non-accrual, charge-off, and high-risk loan identification processes. Develop and maintain asset quality forecasting models. Partner with Relationship Managers and Credit teams on the management and oversight of asset quality. Support annual planning and budgeting through portfolio forecasts. Reporting, Analytics & Committee Administration (25%) Prepare recurring and ad hoc asset quality reports and dashboards. Develop portfolio analytics related to criticized assets, recoveries, charge-offs, and concentrations. Coordinate Asset Quality Committee meetings and track action items. Prepare executive, audit, regulatory, and Board-related reporting packages. Maintain reporting accuracy, data integrity, and process documentation. Provide recommendations based on portfolio performance trends. Workout, Loan Sale & ORE Administration (25%) Support workout administration and tracking of resolution strategies. Coordinate transfer documentation and portfolio disposition activities. Develop & administer the loan sale process from information gathering through closing. Maintain approved vendor relationships and due diligence documentation. Monitor ORE activities, foreclosures, property transfers, and disposition efforts. Improve process & procedures as it relates to the Commercial and Business Banking Workout portfolio. Ensure controls and documentation requirements are maintained. Strategic Projects, Process Improvement & Systems Support (10%) Lead process improvement initiatives that enhance efficiency and reporting quality. Support implementation and enhancement of credit administration systems including nCino. Identify automation opportunities and leverage technology tools to improve workflows. Participate in special projects, portfolio studies, migration analyses, and stress testing activities. Due Diligence & Portfolio Review Support (10%) Participate in merger, acquisition, and portfolio due diligence reviews. Gather and analyze credit, collateral, operational, and risk data. Identify elevated risk relationships, concentrations, and integration concerns. Prepare line sheets, summaries, and risk assessments for leadership review. Support post-acquisition portfolio integration and monitoring activities. Other Duties as Assigned (5%) Perform additional responsibilities and special projects in support of departmental and organizational objectives. Physical Requirements Communicate effectively with internal and external stakeholders Remain stationary for extended periods; operate standard office equipment Occasionally move items up to 10 pounds. 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. #J-18808-Ljbffr NBT Bank