Commercial Credit Associate – Portfolio Management, Credit Underwriting

🔥 0 minutes ago

🏈 Alabama – Remote

🏈 Alabama – Remote

💵 $85.8k - $143k / year

⏰ Full Time

🟢 Junior

🟡 Mid-level

📋 Underwriter

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M&T Bank

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1856

🛡️ Insurance

💼 Consulting

🏦 Banking

Insurance • Consulting • Banking

M&T Bank is a leading regional financial institution that provides a wide range of banking services to personal, business, and commercial clients. Known for its customer satisfaction in mobile banking, M&T Bank offers products and services such as checking accounts, credit cards, mortgages, personal loans, and insurance. Additionally, it provides financial planning through Wilmington Advisors @ M&T. The bank is committed to community engagement, supporting local businesses, multicultural banking, and volunteerism. With a focus on cybersecurity and digital banking solutions, M&T Bank serves its clientele through comprehensive online and mobile services.

📋 Description

• Underwrite new commercial credit requests and material modifications from deal screen through approval and throughout the loan life cycle • Monitor existing loan portfolios through continuous credit monitoring, annual reviews, interim update memos, covenant monitoring, problem loan management, and early warning indicators • Review financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data • Complete independent credit analyses, risk ratings, credit risk assessments, and structure recommendations across base, company, and downside scenarios • Identify suspicious activity, emerging credit risk, risk mitigants, industry concerns, market trends, and financial trends • Partner with relationship managers throughout the deal process and attend client or prospect calls • Spread financial statements and prepare cash flow analyses, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analyses • Present analyses, facts, opinions, and creditworthiness assessments during credit discussions and committee presentations • Verify compliance with the Commercial Credit Policy and escalate risk-related issues to management • Maintain internal control standards and implement audit and regulatory findings • Provide input into the development and training of junior or newly hired analysts • Lead transaction execution teams in partnership with Commercial Credit Analysts

🎯 Requirements

• Bachelor's degree in Accounting, Finance, Economics, or a related field • At least 4 years of experience in commercial credit, public accounting, and financial statement analysis • In lieu of a degree, a combined minimum 8 years of higher education and work experience, including at least 4 years in commercial credit, public accounting, financial statement preparation/analysis, or other financial analysis • Strong verbal and written communication skills • Strong analytical skills with proficiency in financial modeling and credit metric analysis • Ability to calculate and interpret financial ratios, analyze data, and complete trend analysis • Familiarity with legal documents and structural elements • Critical thinking and problem-solving abilities • High attention to detail and accuracy • Strong organizational and time management skills • Ability to work independently and as part of a team • Customer-focused interpersonal skills • Proficiency with Microsoft Office

🏖️ Benefits

• Medical benefits • Retirement benefits • Forty hours of paid volunteer time each year • Competitive, market-informed pay • Equal employment opportunity protections