Credit Policy Manager (Hybrid - See Job Description for Listed Locations)

M&T Bank • New York, NY

120d • $145,114 - $241,857 • Remote

About The Position

The Credit Policy Manager is responsible for the planning, leadership, problem resolution, analysis, and governance of the bank's credit policy function. This hybrid position requires in-office work three days a week and will be based at M&T Plaza, Buffalo, NY, NYC, NY, or Suffolk, NY. The role involves managing the creation, maintenance, interpretation, and governance of all M&T Credit Policies via the bank's Credit Policy Manual.

Requirements

• Bachelor's degree in English, Business, or Communications.
• Minimum of 7 years financial services experience including lending or writing policy and interpreting regulations.
• In lieu of degree, a combined minimum of 11 years higher education and/or work experience including 7 years financial services experience.
• Two years leadership, coaching, mentoring, or supervising experience.
• Experience dealing with various federal and state regulatory bodies processes and procedures.
• Strong verbal and written communication skills.
• Strong cross-functional collaboration skills.
• Strong presentation skills.
• Ability to maintain strong working relationships with management and business partners.

Nice To Haves

• Experience with various bank systems.
• Proficient in software utilized in department.
• Experience and knowledge of all bank products.
• Knowledge of the regulatory environment and industry trends.
• Significant experience in commercial lending practices processes and controls.

Responsibilities

• Manage the creation, implementation, and currency of the Credit Policy Manual including routine updates.
• Ensure that all recommendations are properly approved and move efficiently through the governance process.
• Manage the process for developing and maintaining all Corporate Credit policies ensuring consistency with the bank's risk appetite.
• Present Credit Policy recommendations for approval.
• Partner with business line leadership and coordinate Credit Policy working groups.
• Interface with consultants and liaise with senior leadership to implement recommendations.
• Facilitate communication of changes to the Credit Policy Manual to all stakeholders.
• Work with Corporate Training to develop training and communications for employees.
• Monitor completion of required training and follow-up with management.
• Identify credit policy controls and provide direction and approval of test scripts.
• Understand and apply M&T's portfolio and risks ensuring policies are well aligned.
• Apply Credit Policy research to recommended policy changes.
• Contribute to strategic planning and short-term initiatives of the loan administration department.
• Lead multiple projects at the department or division level.
• Responsible for contingency planning and regulatory compliance of the bank's credit policy.
• Exercise usual authority of a manager concerning staffing and performance management.
• Design, implement, maintain, and enhance internal controls to mitigate risk.
• Identify risk-related issues needing escalation to management.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain internal control standards and implement audit points.

Benefits

• 401k
• health insurance
• dental insurance
• vision insurance
• paid holidays
• tuition reimbursement
• professional development

What This Job Offers

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