About this role
Overview:
A member of the Commercial Credit team that partners with senior team members supporting the duties of Commercial Credit Operations. Responsible for providing credit support, credit analysis, and continuous credit monitoring functions across ALL Commercial Credit segments.
Primary Responsibilities:
- Partner with the Commercial Credit teams to provide ongoing credit support and identify areas of improvement throughout the continuous credit monitoring functions.
- Help lead a team that partners proactively with the Technology and Operation teams and is intimately involved in Early Warning Indicators for the Commercial Bank. Provide an independent credit quality assessment, identifying appropriate operational risks, credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues. These assessments pertain to the ongoing risk to the Bank.
- Support the reporting requests regarding the continuous credit monitoring (CCM) activities, enabling the timely identification of emerging credit risk so that appropriate actions can be taken to manage the risk, minimize losses and assign an accurate risk rating. A CCM program includes but is not limited to annual reviews (and PLRs and Guarantor Assessments), interim update memos, a covenant monitoring program, problem loan management, early warning indicators, and other forms of credit surveillance.
- Ability to comprehend and utilize all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data. Determine the need for more thorough investigation or additional information.
- Ability to comprehend spread financial statements and financial models designed to sensitize various conditions impacting the potential risk of the borrower. Ability to understand cash flow analysis, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate.
- Assist in monitoring credit policy compliance by verifying adherence to the Commercial Credit Policy and commenting on any risk associated with non-compliance.
- Understand and adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
- 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 together with any issues raised by external regulators as applicable.
- Complete other duties as assigned.
Scope of Responsibilities:
Commercial Credit is responsible for the credit delivery of the Bank's commercial clients throughout the credit lifecycle. Credit assessments range from initial analyses of new relationships to the Bank to material modifications or restructurings of long-term relationships and ongoing monitoring through the life of the loan. Commercial Credit is also responsible for ensuring the accurate completion of the Bank's risk rating scorecards and financial statement spreads. The work completed in this capacity is used to make credit decisions for new or renewed or amended credit transactions.
Contacts are primarily internal such as credit officers and other bank personnel.
The position interacts with commercial banking relationship managers throughout the bank’s footprint and industry verticals.
Customer interaction is expected.
Works independently under general supervision.
Experience and Education Required:
Bachelors and a minimum of 2 years related business line experience,
OR in lieu of a degree,
A combined minimum of 6 years higher education and/or work experience.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $26.00 - $43.34 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.Location
Buffalo, New York, United States of AmericaOther facts
About M&T Bank
Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. Founded in 1856 in Buffalo, NY we are now a top 11 full-service US-based commercial bank with a retail footprint across the east coast and wealth services available nationwide and abroad. As a bank, we offer advice, guidance, expertise, and solutions across the entire financial spectrum that combines M&T’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. We are a community-minded organization with more than 167 years of experience. We serve customers, community, and colleagues whether they be across the street, across the state or across the country.
As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values drive the work we do – integrity, ownership, collaboration, curiosity, candor and we seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members.
M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.
What you'll do
- The Business Analytics & Reporting Analyst will provide credit support and analysis for Commercial Credit Operations, focusing on continuous credit monitoring and risk assessment. The role involves collaborating with various teams to identify operational and credit risks and support reporting activities.
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