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Commercial Credit Senior Associate

Commercial Credit Senior Associate

M&T BankHauppauge, NY, US
30+ days ago
Job type
  • Full-time
Job description

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

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    Credit Associate • Hauppauge, NY, US