Commercial Credit Senior Associate, Engineering & Construction
M&T Bank · Hauppauge, NY, US
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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, recommending conditions as needed.
- Manage ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities, including annual reviews, interim update memos, covenant monitoring, problem loan management, and early warning indicators.
- Review pertinent credit and financial information, determining the need for further investigation and coordinating information gathering.
- Analyze financial information and complete credit analyses for commercial transactions, including independent credit quality assessment, risk rating, and identification of risks and mitigants.
- Make appropriate structure recommendations based on scenario analysis.
- Identify suspicious activity and activity contrary to customer interests 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 for effective analysis and underwriting.
- Prepare summaries, present facts, and offer opinions concerning credit-worthiness.
- Assist in loan request structuring, including suggestions on terms, conditions, controls, collateral, and guarantors.
- Ensure credit policy compliance by verifying adherence to the Commercial Credit Policy and evaluating risks associated with non-compliance.
- 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, including timely implementation of internal and external audit points.
- 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
- Financial analysis
- Credit metrics analysis
- Financial ratio calculation and interpretation
- Trend analysis
- Legal documentation negotiation
- Transaction structuring
- Verbal communication
- Written communication
- Critical thinking
- Problem-solving
- Attention to detail
- Accuracy
- Teamwork
- Organization
- Time management
- Interpersonal skills
- Relationship building
- Microsoft Office proficiency
- Capital IQ
- FactSet
- Bloomberg
- nCino
- Underwriting Engineering & Construction loans
Location
- Hauppauge, New York, United States of America
Work Type
- Onsite
- Full-time
Experience Level
- Senior Associate
- 5 years experience
Education Level
- Bachelor's degree in Accounting, Finance, Economics, or related field
- Higher education
Salary/Compensations
- $125,600.00 - $209,400.00 Annual (USD)
About the Company
- M&T Bank is committed to fair, competitive, and market-informed pay for our employees.