M&T Bank
Commercial Credit Senior Associate
The Commercial Credit Senior 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, and ensuring compliance with credit policies and regulatory requirements. This client facing role serves as a critical link between relationship managers and credit risk management to facilitate sound lending decisions and portfolio management. Primary responsibilities include: Partnering with senior team members on complex transactions/account coverage. Underwriting new requests and material modifications from deal screen through approval and for the life of the loan. Managing the ongoing credit risk of existing loan portfolios through continuous credit monitoring activities. Reviewing all pertinent credit and financial information to determine the need for more thorough investigation. Analyzing financial information and completing credit analyses for the Bank's commercial transactions. Making appropriate structure recommendations based on an analysis and evaluation of scenarios. Identifying suspicious activity and activity that may be contrary to customers interest. Partnering proactively with relationship managers throughout the deal process. Preparing cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate. Attending client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business. Preparing summary, presenting facts, and offering opinions concerning credit-worthiness. Displaying deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions. Ensuring credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy. Understanding and adhering to the Companys risk and regulatory standards, policies, and controls. Promoting an environment that supports belonging and reflects the M&T Bank brand. Maintaining M&T internal control standards. Completing other related duties as assigned. Scope of responsibilities includes: Credit delivery of the Banks commercial clients throughout the credit lifecycle. Ensuring the accurate completion of the Banks risk rating scorecards and financial statement spreads. Interacting with commercial banking relationship managers throughout the banks footprint and industry verticals. Ability to lead a transaction execution team in partnership with a Commercial Credit Analyst. Customer interaction is expected. Works independently with limited supervision. Supervisory/managerial responsibilities include: Input into the development of and training of junior/newly hired Analysts. Education and experience required: Bachelors 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. Strong analytical skills with proficiency in financial modeling and analysis of credit metrics. 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. Education and experience preferred: Experience with Capital IQ, FactSet, and Bloomberg. Large corporate banking experience. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $119,400.84 - $199,001.40 Annual (USD). The successful candidates particular combination of knowledge, skills, and experience will inform their specific compensation. Location: Hauppauge, New York, United States of America
The Commercial Credit Senior 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, and ensuring compliance with credit policies and regulatory requirements. This client facing role serves as a critical link between relationship managers and credit risk management to facilitate sound lending decisions and portfolio management. Primary responsibilities include: Partnering with senior team members on complex transactions/account coverage. Underwriting new requests and material modifications from deal screen through approval and for the life of the loan. Managing the ongoing credit risk of existing loan portfolios through continuous credit monitoring activities. Reviewing all pertinent credit and financial information to determine the need for more thorough investigation. Analyzing financial information and completing credit analyses for the Bank's commercial transactions. Making appropriate structure recommendations based on an analysis and evaluation of scenarios. Identifying suspicious activity and activity that may be contrary to customers interest. Partnering proactively with relationship managers throughout the deal process. Preparing cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate. Attending client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business. Preparing summary, presenting facts, and offering opinions concerning credit-worthiness. Displaying deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions. Ensuring credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy. Understanding and adhering to the Companys risk and regulatory standards, policies, and controls. Promoting an environment that supports belonging and reflects the M&T Bank brand. Maintaining M&T internal control standards. Completing other related duties as assigned. Scope of responsibilities includes: Credit delivery of the Banks commercial clients throughout the credit lifecycle. Ensuring the accurate completion of the Banks risk rating scorecards and financial statement spreads. Interacting with commercial banking relationship managers throughout the banks footprint and industry verticals. Ability to lead a transaction execution team in partnership with a Commercial Credit Analyst. Customer interaction is expected. Works independently with limited supervision. Supervisory/managerial responsibilities include: Input into the development of and training of junior/newly hired Analysts. Education and experience required: Bachelors 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. Strong analytical skills with proficiency in financial modeling and analysis of credit metrics. 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. Education and experience preferred: Experience with Capital IQ, FactSet, and Bloomberg. Large corporate banking experience. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $119,400.84 - $199,001.40 Annual (USD). The successful candidates particular combination of knowledge, skills, and experience will inform their specific compensation. Location: Hauppauge, New York, United States of America