[Hiring] Commercial Credit Associate Portfolio Management/Credit Underwriting @M&T Bank

Role Description

The Commercial Credit Associate plays a pivotal role in assessing and managing credit risk for commercial clients at M&T Bank. This position involves:

• Analyzing financial statements
• Monitoring loan portfolio
• Ensuring compliance with credit policies and regulatory requirements
• Facilitating sound lending decisions and portfolio management

Primary Responsibilities

• Facilitate the credit needs of customers by underwriting new requests and material modifications from deal screen through approval and for the life of the loan.
• Manage ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities.
• Review all pertinent credit and financial information, including financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data.
• Analyze financial information and complete credit analyses for the Bank’s commercial transactions.
• Make appropriate structure recommendations based on an analysis and evaluation of scenarios.
• Identify suspicious activity and activity that may be contrary to customer's interest.
• Partner proactively with relationship managers (RM) throughout the deal process.
• Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis.
• Attend client/prospect calls with RMs to understand the client/prospect and their business.
• Prepare summary, present facts, and offers opinions concerning credit-worthiness.
• Ensure credit policy compliance by verifying adherence to the Commercial Credit Policy.
• Understand and adhere to the Company’s risk and regulatory standards, policies, and controls.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards.
• Complete other related duties as assigned.

Scope of Responsibilities

• Responsible for the credit delivery of the Bank's commercial clients throughout the credit lifecycle.
• Interact with commercial banking RMs throughout the bank’s footprint and industry verticals.
• Customer interaction is expected.
• Works independently with limited supervision.
• Ability to lead a transaction execution team in partnership with a Commercial Credit Analyst.

Supervisory/Managerial Responsibilities

• Input into the development of and training of junior/newly hired Analysts.

Education and Experience Required

• Bachelor's degree in Accounting, Finance, Economics or related field and at least 4 years’ experience in commercial credit, public accounting, and financial statement analysis.
• In lieu of a degree, a combined minimum 8 years' higher education and work experience to include at least 4 years’ experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
• Strong verbal and written communication skills.
• Strong analytical skills with proficiency in financial modeling and analysis of credit metrics.
• Familiarity with legal documents and structural elements.
• Critical thinking and problem-solving abilities.
• Attention to detail with a high level of accuracy.
• Strong organizational and time management skills.
• Ability to work independently and as a part of a team.
• Customer focused with strong interpersonal skills.
• Proficiency with Microsoft Office.

Education and Experience Preferred

• Experience with Capital IQ, FactSet, and Bloomberg.

Compensation

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,800.00 - $143,000.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Clanton, Alabama, United States of America