Commercial Credit Associate CRE - Upstate - Hybrid
M&T Bank, Fishkill, NY, United States
Commercial Credit Associate
Locations available: Buffalo, Syracuse or Fishkill The Commercial Credit 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 role serves as a critical link between relationship managers (RM) and credit risk management to facilitate sound lending decisions and portfolio management. Primary responsibilities include: Facilitating the credit needs of customers by 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 (CCM) activities. Reviewing all pertinent credit and financial information, including financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. Analyzing financial information and related materials and completing the 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 customer's interest. Partnering proactively with relationship managers (RM) and being intimately involved 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. Ensuring credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy. Understanding and adhering to the Company's 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: 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. Position is a development account coverage role and will work with senior team members on more challenging complex transactions. The position interacts with commercial banking RMs throughout the bank's footprint and industry verticals as well as other internal personnel on typical credit approvals. Customer interaction is expected. Works independently with limited supervision. Ability to lead a transaction execution team in partnership with a Commercial Credit Analyst. Input into the development of and training of junior/newly hired Analysts. Education and experience required: Bachelor's degree in Accounting, Finance, Economics or related field and at least 4 years' experience in commercial credit, public accounting, and financial statement analysis. In lieu of a degree, a combined minimum 8 years' higher education and work experience to include at least 4 years' experience 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 analysis of credit metrics. Ability to calculate and interpret financial ratios, analyze data, and complete trend analysis. Familiarity with legal documents and how to efficiently understand structural elements. Critical thinking and problem-solving abilities. Attention to detail with a high level of accuracy. Strong organizational and time management skills. Ability to work independently and as a part of a team. Customer focused with strong interpersonal skills. Proficiency with Microsoft Office. Education and experience preferred: Experience with nCino. Experience underwriting commercial real estate. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,800.00 - $143,000.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Locations available: Buffalo, Syracuse or Fishkill The Commercial Credit 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 role serves as a critical link between relationship managers (RM) and credit risk management to facilitate sound lending decisions and portfolio management. Primary responsibilities include: Facilitating the credit needs of customers by 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 (CCM) activities. Reviewing all pertinent credit and financial information, including financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. Analyzing financial information and related materials and completing the 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 customer's interest. Partnering proactively with relationship managers (RM) and being intimately involved 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. Ensuring credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy. Understanding and adhering to the Company's 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: 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. Position is a development account coverage role and will work with senior team members on more challenging complex transactions. The position interacts with commercial banking RMs throughout the bank's footprint and industry verticals as well as other internal personnel on typical credit approvals. Customer interaction is expected. Works independently with limited supervision. Ability to lead a transaction execution team in partnership with a Commercial Credit Analyst. Input into the development of and training of junior/newly hired Analysts. Education and experience required: Bachelor's degree in Accounting, Finance, Economics or related field and at least 4 years' experience in commercial credit, public accounting, and financial statement analysis. In lieu of a degree, a combined minimum 8 years' higher education and work experience to include at least 4 years' experience 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 analysis of credit metrics. Ability to calculate and interpret financial ratios, analyze data, and complete trend analysis. Familiarity with legal documents and how to efficiently understand structural elements. Critical thinking and problem-solving abilities. Attention to detail with a high level of accuracy. Strong organizational and time management skills. Ability to work independently and as a part of a team. Customer focused with strong interpersonal skills. Proficiency with Microsoft Office. Education and experience preferred: Experience with nCino. Experience underwriting commercial real estate. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,800.00 - $143,000.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.