Commercial Credit Senior Analyst

M&T Bank•Boston, MA

1d•$83,000 - $138,300•Onsite

About The Position

The Commercial Credit Senior Analyst supports senior Commercial Credit team members in underwriting and ongoing monitoring of a portfolio of commercial credit relationships. The role performs supporting analysis, identifies risk issues, and completes sections of credit analyses to assess the creditworthiness of commercial clients. It supports credit delivery throughout the credit lifecycle, from initial reviews of new relationships and material modifications or restructurings through ongoing monitoring over the life of a loan. The work informs decisions on new, renewed, or amended credit transactions and supports accurate risk-rating scorecards and financial statement spreads. The position works with commercial banking relationship managers across the bank’s footprint and industry verticals, along with other internal personnel involved in credit approvals. Customer interaction is expected, and the analyst works independently with limited supervision. The role has no supervisory or managerial responsibilities.

Requirements

Bachelor's degree in Accounting, Finance, Economics, or a related field, plus 2 years of experience in commercial credit, public accounting, financial statement preparation or analysis, or other financial analysis; alternatively, a combined minimum of 6 years of higher education and work experience, including 2 years of the specified experience.
Strong analytical skills and proficiency in financial modeling and analysis of credit metrics.
Strong verbal and written communication skills.
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

Underwrite new credit requests and material modifications from deal screening through approval and over the life of the loan, including recommending the addition or removal of conditions.
Manage ongoing credit risk in 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.
Review credit and financial information, such as financial statements, tax returns, due diligence reports, credit bureau information, appraisals, internal credit information, industry research, and peer data, and determine when further investigation or information is needed.
Analyze financial information and prepare written credit analyses, including an independent credit-quality assessment, a supported risk rating, and discussion of credit risks and mitigants, industry concerns, market and financial trends, and other relevant issues.
Recommend appropriate transaction structures after evaluating scenarios that include 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 monitoring existing portfolios.
Partner with relationship managers throughout the deal process and maintain timely and accurate risk ratings for a portfolio of commercial credits.
Spread financial statements and prepare financial and projection models to sensitize conditions affecting proposed transactions.
Prepare cash-flow analyses, collateral schedules, covenant-sensitivity calculations, financial models, and guarantor-statement analyses as appropriate.
Attend client and prospect calls with relationship managers to understand clients and their businesses and analyze and underwrite proposed transactions; recommend risk ratings based on underwriting parameters.
Prepare credit summaries, present facts, and offer opinions concerning creditworthiness.
Present analyses and address questions during credit-request discussions or committee presentations.
Verify adherence to the Commercial Credit Policy and comment on risks associated with non-compliance.
Follow company risk and regulatory standards, policies, controls, and Risk Appetite, and escalate risk-related issues to management when needed.
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 related duties as assigned.