Commercial Credit Senior Underwriter I - Healthcare

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 :

• Focus on transaction execution and portfolio management and will partner 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.
• Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring 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.
• Analyze financial information and related materials and complete the credit analyses for the Bank's commercial transactions.
• Make appropriate structure recommendations based on an analysis and evaluation of scenarios including the company's case, bank's base case and a downside case.
• Partner proactively with relationship managers and be intimately involved 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.
• 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.
• Prepare summary, present facts, and offers opinions concerning credit-worthiness. Assist in the structure of loan requests, where appropriate, to include suggestions on terms, conditions, controls, collateral, and guarantors.
• Display deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions.
• Ensure credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy, and evaluating 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.

Scope of responsibilities include the credit delivery of the Bank's commercial clients throughout the credit lifecycle. Credit assessments range from initial analyses of new relationships to the Bank to material modifications or restructurings of long-term relationships and ongoing monitoring through the life of the loan. Commercial Credit is also responsible for ensuring the accurate completion of the Bank's risk rating scorecards and financial statement spreads.

Supervisory / managerial responsibilities include input into the development of and training of junior / newly hired Analysts.

Education and experience required include a 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.

Education and experience preferred include experience with Capital IQ, FactSet, and Bloomberg.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $113,528.29 - $189,213.82 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location : Boston, Massachusetts, United States of America

M&T Bank Corporation is an Equal Opportunity / Affirmative Action Employer, including disabilities and veterans.