Commercial Credit Senior Analyst CRE

About the role

A member of the Commercial Credit team that partners with senior team members supporting the duties of underwriting and the ongoing monitoring of a portfolio of credit relationships. Responsible for performing supporting analysis, identifying risk issues, and completing sections of credit analysis, as needed, to assess the creditworthiness of commercial clients.

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, including recommending adding or removing conditions.
• Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities to enable the timely identification of emerging credit risk, minimize losses, and assign accurate risk ratings. CCM includes annual reviews, interim update memos, covenant monitoring, problem loan management, early warning indicators, and other forms of credit surveillance.
• Review all pertinent credit and financial information, such as financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data. Determine the need for further investigation or additional information.
• Analyze financial information and related materials to complete credit analyses for the Bank’s commercial transactions. Written analyses include an independent credit quality assessment with a well-supported risk rating, identification and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues.
• Make appropriate structure recommendations based on analysis and evaluation of scenarios, including the company's case, bank's base case, and a downside case.
• Identify suspicious activity and activity that may be contrary to the customer's interest as part of managing ongoing credit risk.
• Partner proactively with relationship managers (RM) throughout the deal process, from deal screen through approval and for the life of the loan, to maintain timely and accurate risk ratings for a portfolio of commercial credits.
• Spread financial statements and prepare financial/projection models designed to sensitize various conditions impacting the proposed transaction.
• Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate.
• Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business to effectively analyze and underwrite the proposed transaction. Recommend the risk rating based on underwriting parameters.
• Prepare summaries, present facts, and offer opinions concerning creditworthiness.
• Present analysis or address questions during credit request discussions or committee presentations.
• Ensure credit policy compliance by verifying adherence to the Commercial Credit Policy and commenting on any risk associated with non-compliance.
• Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
• Complete other related duties as assigned.

Scope of Responsibilities

Commercial Credit is responsible for the credit delivery of the Bank's commercial clients throughout the credit lifecycle. Credit assessments range from initial analyses of new relationships to material modifications or restructurings of long-term relationships and ongoing monitoring through the life of the loan. Commercial Credit also ensures the accurate completion of the Bank's risk rating scorecards and financial statement spreads. The work completed in this capacity is used to make credit decisions for new, renewed, or amended credit transactions. The position interacts with commercial banking relationship managers throughout the bank’s footprint and industry verticals, as well as other internal personnel on credit approvals. Customer interaction is expected. Works independently with limited supervision.

Requirements

• Bachelor's degree in Accounting, Finance, Economics, or related field and 2 years’ experience in commercial credit, public accounting, financial statement preparation/analysis, or other financial analysis.
• In lieu of a degree, a combined minimum of 6 years' higher education and work experience, including 2 years’ experience in commercial credit, public accounting, financial statement preparation/analysis, or other financial analysis.
• Strong analytical skills with proficiency in financial modeling and analysis of credit metrics.
• Strong verbal and written communication skills.
• 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 part of a team.
• Customer-focused with strong interpersonal skills.
• Proficiency with Microsoft Office.

Preferred Qualifications

• Experience with Capital IQ, FactSet, and Bloomberg.

Pay

The pay range for this position is $71,600.00 - $119,300.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location: Buffalo, New York, United States of America