Commercial Credit Senior Associate, Engineering & Construction
About The Position
The Commercial Credit Senior Associate, Engineering & Construction, 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 relationship managers and senior team members to support sound lending decisions throughout the credit lifecycle. The position works independently with limited supervision and may lead transaction execution teams in partnership with Commercial Credit Analysts. The role underwrites new credit requests and material modifications from deal screening through approval and over the life of the loan. It also monitors existing portfolios through activities such as annual reviews, interim update memos, covenant monitoring, problem loan management, and early-warning surveillance. Analyses support new, renewed, or amended credit decisions and include accurate risk ratings and financial statement spreads. The Senior Associate reviews financial and other due diligence information, assesses credit quality and risks, develops financial models and scenario analyses, and recommends transaction structures. The position interacts with clients and prospects, presents analysis and opinions on creditworthiness, supports compliance with credit policies and regulatory requirements, and contributes to training junior and newly hired Analysts.
Requirements
- Bachelor's degree in Accounting, Finance, Economics, or a related field, plus 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 analysis of credit metrics.
- Ability to calculate and interpret financial ratios, analyze data, and complete 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 with strong interpersonal and relationship-building skills.
- Proficiency in Microsoft Office.
Nice To Haves
- Experience with Capital IQ, FactSet, and Bloomberg.
- Experience with nCino.
- Experience underwriting Engineering & Construction loans.
Responsibilities
- Underwrite new commercial credit requests and material modifications from deal screen through approval and for the life of the loan, including recommending additions or removals 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 financial statements, tax returns, due diligence reports, credit bureau information, appraisals, internal credit information, industry research, and peer data; identify and coordinate requests for additional information or investigation.
- Complete written credit analyses that provide an independent credit quality assessment, a supported risk rating, and analysis of credit risks and mitigants, industry concerns, market and financial trends, and other pertinent issues.
- Recommend transaction structures by evaluating the company's case, the bank's base case, and a downside case.
- Identify suspicious activity and activity that may be contrary to the customer's interests while managing existing portfolio risk.
- 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 assess 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 the client and business, analyze and underwrite proposed transactions, and recommend risk ratings.
- Prepare summaries, present facts, offer opinions on creditworthiness, and assist in structuring loan requests, including terms, conditions, controls, collateral, and guarantors.
- Apply understanding of the financial regulatory environment to underwriting commercial credit transactions.
- Verify compliance with the Commercial Credit Policy, evaluate risks associated with non-compliance, and present analyses or address questions during credit discussions or committee presentations.
- Follow company risk and regulatory standards, policies, and controls; 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.
Benefits
- The listed annual pay range is $125,600.00–$209,400.00; individual compensation is informed by the candidate's knowledge, skills, and experience.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
