Commercial Credit Analyst (Engineering & Construction)

M&T Bank•Boston, MA

7d•$72,200 - $120,300

About The Position

The Commercial Credit Analyst is a member of the Commercial Credit team and partners with senior team members to support underwriting and ongoing monitoring of a portfolio of credit relationships. The role performs supporting analysis, identifies risk issues, and completes sections of credit analyses to assess the creditworthiness of commercial clients. Commercial Credit supports credit delivery across the commercial-client lifecycle, from initial analyses and material modifications or restructurings through ongoing loan monitoring. The role’s work supports decisions on new, renewed, or amended credit transactions and the accurate completion of risk-rating scorecards and financial-statement spreads. The analyst works independently under general supervision, primarily with internal contacts such as credit officers and other bank personnel, and interacts with commercial banking relationship managers across the bank’s footprint and industry verticals. Customer interaction is expected. There are no supervisory or managerial responsibilities.

Requirements

Bachelor’s degree in Accounting, Finance, Economics, or a related field and at least one year of work experience in commercial credit, public accounting, financial-statement preparation or analysis, or other financial analysis; alternatively, a combined minimum of five years of higher education and/or work experience, including at least one year of relevant work experience.
Strong verbal and written communication skills.
Strong analytical ability.
Critical-thinking and problem-solving abilities.
Attention to detail and a high level of accuracy.
Strong organizational and time-management skills.
Ability to work independently and as part of a team.
Customer focus and strong interpersonal skills.
Proficiency with Microsoft Office.

Nice To Haves

Experience with Capital IQ, FactSet, and Bloomberg.

Responsibilities

Analyze new credit requests and material modifications from deal screen through approval and throughout the life of the loan, including recommending the addition or removal of conditions.
Monitor existing loan portfolios through continuous credit monitoring, including annual reviews, interim update memos, covenant monitoring, problem-loan management, early-warning indicators, and other credit-surveillance activities.
Review relevant credit and financial information, such as financial statements, tax returns, due-diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data; determine when further investigation or information is needed.
Complete written credit analyses that include an independent credit-quality assessment, a supported risk rating, credit risks and mitigants, industry concerns, market and financial trends, and other pertinent issues.
Recommend appropriate transaction structures based on evaluations of the company’s case, the bank’s base case, and a downside case.
Identify suspicious activity and activity that may be contrary to a customer’s interests while managing existing portfolio risk.
Partner with relationship managers throughout the credit process, from deal screen through approval and for the life of the loan, to maintain timely and accurate risk ratings.
Spread financial statements and prepare financial and projection models to assess conditions affecting proposed transactions; prepare cash-flow and collateral schedules, covenant-sensitivity calculations, and guarantor-statement analyses as appropriate.
Enter complete and accurate data into bank systems to support underwriting and portfolio management.
Attend client and prospect calls with relationship managers to understand clients and their businesses, analyze and underwrite proposed transactions, and recommend risk ratings based on underwriting parameters.
Present analyses or address questions during credit-request discussions or committee presentations.
Assist with monitoring compliance with Commercial Credit Policy and comment on risks associated with non-compliance.
Follow applicable compliance and operational-risk controls in accordance with company and regulatory standards and policies.
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 and applicable issues raised by external regulators.
Complete other duties as assigned.