Commercial Credit Senior Associate - CRE
About The Position
The Commercial Credit Senior Associate assesses and manages credit risk for commercial clients at M&T Bank. This client-facing account coverage role focuses on transaction execution and portfolio management, partnering with senior team members on complex transactions and coverage. The position works with relationship managers and credit risk management to support sound lending decisions throughout the credit lifecycle, from deal screening and approval through ongoing loan monitoring. The role analyzes financial statements and other pertinent credit information, prepares credit analyses and financial models, recommends risk ratings and transaction structures, and monitors existing loan portfolios for emerging risk. It also supports compliance with commercial credit policies, regulatory requirements, internal controls, and the Company’s risk standards. The position works independently with limited supervision, interacts with clients and prospects, and may lead transaction execution teams in partnership with a Commercial Credit Analyst.
Requirements
- Bachelor’s degree in Accounting, Finance, Economics, or a related field and 5 years of experience in commercial credit, public accounting, financial statement preparation or analysis, or other financial analysis; alternatively, a combined minimum of 9 years of higher education and work experience, including 5 years of relevant experience.
- Strong analytical skills and proficiency in financial modeling and credit-metric analysis, including calculating and interpreting financial ratios, analyzing data, and completing trend analysis.
- Emerging proficiency in understanding and negotiating legal documentation, including structural analysis, and ability to structure transactions independently.
- Excellent verbal and written communication skills.
- Critical-thinking and problem-solving abilities.
- Attention to detail and a high level of accuracy.
- Ability to work independently and as part of a team.
- Strong organizational and time-management skills.
- Customer focus and strong interpersonal and relationship-building skills.
- Proficiency in 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 for the life of the loan; recommend adding or removing conditions as appropriate.
- Manage ongoing credit risk through continuous credit monitoring, including annual reviews, interim update memos, covenant monitoring, problem loan management, early warning indicators, and other credit surveillance.
- Review financial statements, tax returns, due diligence reports, credit bureau information, appraisals, internal credit information, industry research, and peer data; determine whether additional investigation or information is needed and coordinate its collection.
- Analyze financial information and prepare written credit analyses that include an independent credit quality assessment, supported risk rating, credit risks and mitigants, industry concerns, market and financial trends, and other pertinent issues.
- Recommend transaction structures based on analyses of the company case, the bank’s base case, and downside scenarios.
- Identify suspicious activity and activity that may be contrary to a customer’s interest while managing existing portfolios.
- Partner with relationship managers throughout the deal process and maintain timely, accurate risk ratings for a portfolio of commercial credits.
- Spread financial statements and prepare financial 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, analyze and underwrite proposed transactions, and recommend risk ratings.
- Prepare summaries, present facts, and offer opinions concerning creditworthiness; assist in structuring loan requests, including terms, conditions, controls, collateral, and guarantors.
- Apply knowledge of the financial regulatory environment to underwriting commercial credit transactions.
- Verify adherence to the Commercial Credit Policy, assess risks associated with non-compliance, and present analyses or address questions in credit discussions and committee presentations.
- Follow Company risk and regulatory standards, policies, controls, and risk appetite; identify risk-related issues requiring escalation to management.
- Promote an environment that supports belonging and reflects the M&T Bank brand.
- Maintain internal control standards, including timely implementation of internal and external audit points and applicable issues raised by external regulators.
- Provide input into the development and training of junior and newly hired Analysts.
- Complete other related duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
