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About the Role

The Commercial Credit Senior Associate plays a pivotal role in assessing and managing credit risk for commercial clients at M&T Bank. This client-facing 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.
• Underwrite new requests and material modifications from deal screen through approval and for the life of the loan.
• Manage ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities.
• Review pertinent credit and financial information, including financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data.
• Analyze financial information and complete credit analyses for the Bank’s commercial transactions.
• Make appropriate structure recommendations based on scenario analysis.
• Identify suspicious activity and activity contrary to customer's interest within existing portfolios.
• Partner proactively with relationship managers throughout the deal process to maintain timely and accurate risk ratings.
• Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis.
• Attend client/prospect calls with RMs to understand the client/prospect and their business.
• Prepare summaries, present facts, and offer opinions concerning credit-worthiness.
• Assist in the structure of loan requests, including suggestions on terms, conditions, controls, collateral, and guarantors.
• Ensure credit policy compliance by verifying adherence to the Commercial Credit Policy.
• Understand and adhere to the Company’s risk and regulatory standards, policies, and controls.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards.
• Complete other related duties as assigned.

Requirements

• 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.

Skills

• Financial modeling
• Credit metrics analysis
• Financial ratio calculation and interpretation
• Trend analysis
• Legal documentation negotiation
• Transaction structuring
• Microsoft Office proficiency

Location

• Albany, New York, United States of America

Work Type

• Full-time

Experience Level

• 5 years experience

Education Level

• Bachelor's degree in Accounting, Finance, Economics, or related field
• Higher education

Salary/Compensations

• $103,000.00 - $171,600.00 Annual (USD)

About the Company

• 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 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.
• The work completed in this capacity is used to make credit decisions for new or 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.
• Ability to lead a transaction execution team in partnership with a Commercial Credit Analyst.
• Customer interaction is expected.
• Works independently with limited supervision.
• Input into the development of and training of junior/newly hired Analysts.