Commercial Credit Senior Underwriter I - Healthcare

M&T Bank • Boston, MA

104d • $113,528 - $189,213 • Hybrid

About The Position

The Commercial Credit Senior 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 client facing role serves as a critical link between relationship managers (RM) and credit risk management to facilitate sound lending decisions and portfolio management.

Requirements

• Bachelor's degree in Accounting, Finance, Economics, or related field and 5 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
• In lieu of a degree, a combined minimum 9 years' higher education and work experience, to include 5 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
• 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.
• Emerging proficiency with understanding and negotiating legal documentation including structural analysis.
• Excellent verbal and written communication skills.
• Critical thinking and problem-solving abilities.
• Attention to detail and high level of accuracy.
• Ability to work independently and as a part of a team.
• Strong organizational and time management skills.
• Customer focused with strong interpersonal and relationship building skills.
• Proficiency in Microsoft Office.

Nice To Haves

• Experience with Capital IQ, FactSet, and Bloomberg.

Responsibilities

• Focus on transaction execution and portfolio management and will partner with senior team members on complex transactions/account coverage.
• Facilitate the credit needs of customers by underwriting new requests and material modifications from deal screen through approval and for the life of the loan.
• Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk.
• Review 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.
• Analyze financial information and related materials and complete the credit analyses for the Bank's commercial transactions.
• Make appropriate structure recommendations based on an analysis and evaluation of scenarios including the company's case, bank's base case and a downside case.
• Identify suspicious activity and activity that may be contrary to customer's interest.
• Partner proactively with relationship managers and be involved throughout the deal process.
• Spread financial statements and prepare financial models designed to sensitize various conditions impacting the proposed transaction.
• Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate.
• Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business.
• Prepare summary, present facts, and offers opinions concerning credit-worthiness.
• Assist in the structure of loan requests, where appropriate, to include suggestions on terms, conditions, controls, collateral, and guarantors.
• Ensure credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy.
• Identify risk-related issues needing escalation to management.
• 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.

Benefits

• 401k
• health_insurance
• dental_insurance
• vision_insurance
• life_insurance
• disability_insurance
• paid_holidays
• tuition_reimbursement
• professional_development

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree