Government Guaranteed Business Analyst

NBT Bank•Utica, NY

9d•$31 - $41

About The Position

Acts in a primary support role in performing the due diligence required to secure and protect government guaranties from the Small Business Administration (SBA), Farm Service Agency (FSA) and United States Department of Agriculture Business and Industry and Community Facilities. Prepares, processes, documents, funds and services Government Guaranteed Loans in compliance with established SOPs. Completely analyzes credit requests, including in-depth financial analysis .

Requirements

Minimum 3 years banking experience, preferably business lending experience
Bachelor's Degree or equivalent education and experience preferably in Business or Finance
Ability to work in a fast paced, professional environment while maintaining a high degree of accuracy.
Strong analytical and writing skills.
Ability to absorb, react and retain to constant changes in policy and procedures
Strong computer skills with proficiency in Word and Excel
Knowledge of commercial banking credit policies, financial statement analysis and loan structuring
Advanced working knowledge of balance sheet, income statement and projection analysis

Responsibilities

Responsible for regulatory and program compliance with preparing, processing, documenting, funding and servicing government guaranteed loans.
Prepares loan packages and presentations for submission to government agencies to procure guaranties.
Complete loan packages, coordinate loan closing and approve loan advances.
Conducts in-depth analysis of financial information to form recommendations for approval or denials of potential guaranteed credits including: written analysis of the borrower, guarantors and affiliated financial condition while accurately documenting repayment capacity, including industry comparisons and projection analysis when necessary.
Analyzes the credit and collateral aspects of loan proposals to ensure eligibility pursuant program and bank guidelines
Assists in negotiating loan structure presentations for Bank approval and customer acceptance.
Assists with documenting loans to ensure requirements are met and maintained.
Ensures loan files are maintained through life of loan.
Collaborates with Relationship Managers, Branch Personnel and Senior Management to present an accurate and complete picture of financing packages that meet both the guaranteed program and bank credit standards
Works with other departments to ensure continued validity of outstanding guaranties
Performs Credit Analysis and Recommends Loan Decisions on Business Banking Loans.
Assists with Sales of FSA Loans on the Secondary Market.
Facilitates with NYS Linked Deposit Request.
Other Duties as assigned

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.