Commercial Credit Senior Associate - Dealer Services

About the role

The Commercial Credit Senior Associate role at M&T Bank follows a hybrid work model, requiring onsite presence four days per week at one of the following M&T Bank offices: 575 Main Street, Buffalo, NY; 180 South Clinton Avenue, Rochester, NY; 213 Market Street, Harrisburg, PA 17101; 150 North Radnor Chester Road, Radnor, PA 19087. This role serves as a critical link between relationship managers and credit risk management to facilitate sound lending decisions and portfolio management.

Responsibilities

• Focus on transaction execution and portfolio management, partnering with senior team members on complex transactions/account coverage.
• 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.
• Analyze financial information and complete the credit analyses for the Bank’s commercial transactions, making appropriate structure recommendations based on an analysis and evaluation of scenarios including the company's case, bank's base case, and a downside case.
• Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities, enabling the timely identification of emerging credit risk so that appropriate actions can be taken to manage the risk, minimize losses, and assign an accurate risk rating.
• Review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data.
• Determine the need for more thorough investigation or additional information, and coordinate gathering of such information.
• 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. Based on underwriting parameters, recommend the risk rating.
• Prepare summary, present facts, and offer opinions concerning credit-worthiness. Assist in the structure of loan requests, where appropriate, to include suggestions on terms, conditions, controls, collateral, and guarantors.
• Ensure credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy, and evaluate any risk associated with non-compliance.
• Present analysis or address questions during credit request discussions or committee presentations.
• 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 as applicable.
• Complete other related duties as assigned.

Qualifications

• Bachelor's degree in Accounting, Finance, Economics, or related field and 5 years’ experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
• In lieu of a degree, a combined minimum 9 years’ higher education and work experience, to include 5 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. Ability to calculate and interpret financial ratios, analyze data, and complete trend analysis.
• Emerging proficiency with understanding and negotiating legal documentation including structural analysis and the ability to structure transactions independently.
• Excellent verbal and written communication skills. Critical thinking and problem-solving abilities. Attention to detail and high level of accuracy. Ability to work independently and as a part of a team. Strong organizational and time management skills.
• Customer focused with strong interpersonal and relationship building skills. Proficiency in Microsoft Office.

Benefits

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $113,300.00 - $188,800.00 (USD).