Commercial Credit Senior Underwriter/Portfolio Manager I, ABL

3 weeks ago

Hauppauge, New York, United States M&T Bank Full time

Overview:

Evaluate and determine, monitor, and assess the credit risks of larger, more complex commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.

Primary Responsibilities:

  • 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 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.
  • Review 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, and coordinate gathering of such information.
  • Analyze financial information and related materials and complete the credit analyses for the Bank's commercial transactions. Written analyses to include an independent credit quality assessment with well-supported risk rating, identification of and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues of respective deals.
  • Partner proactively with relationship managers and be intimately involved throughout the deal process, from deal screen through approval and for the life of the loan to maintain timely and accurate risk ratings for a portfolio of commercial credits.
  • 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 to effectively analyze and underwrite the proposed transaction. Based on underwriting parameters, recommend the risk rating.
  • 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.
  • Displays deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions.
  • Ensure credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy, and evaluating any risk associated with non-compliance
  • Present analysis or address questions during credit request discussions or committee presentations.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity 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 related duties as assigned.

Scope of Responsibilities:

The Commercial Credit Underwriting/Portfolio Management Department is responsible to provide an independent credit quality assessment of the Bank's commercial clients. These 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. The Department also is 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 new credit decisions.

The position interacts with commercial banking relationship managers throughout the bank's footprint as well as other internal personnel on credit approvals of $30+MM typically.

Works independently with limited supervision.

Customer interaction is expected.

Managerial/Supervisory Responsibilities:

Input into training of junior/newly hired Underwriters

Education and Experience Required:

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.

Excellent verbal and written communication skills.

Excellent analytical ability

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $103, $173, USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Hauppauge, New York, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.


  • Commercial Plumbing Independent Contractor, Suffolk County, NY

    7 days ago

    Hauppauge, New York, United States City Wide Facility Solutions Full time

    City Wide Facility Solutions is the largest management company in the building maintenance industry, facilitating janitorial and more than 20 additional maintenance services for every client. But we do more than manage maintenance services for commercial facilities - we pride ourselves on being a partner that helps save time and solve problemsWe are...

  • Senior Contract Administrator

    5 days ago

    Hauppauge, New York, United States Belcan Full time

    Senior Contract AdministratorJob Number: 348857Category: AdministrativeDescription: Job Title: Senior Contract AdministratorPay rate: $82k annuallyLocation: Hauppauge, NYArea Code: 631ZIP Code: 11788Start Date: Right AwayKeywords: #contractsadmin #ContractsAdministratorJobs #HauppaugeJobsBenefits: Medical with prescription, Dental, Vision from hire date ...

  • Building Maintenance

    4 days ago

    Hauppauge, New York, United States Contract Pharmacal Corp Full time

    Building Maintenance (Carpentry) - 1st Shift [8:00AM - 4:30PM] Hauppauge, NY ) ApplyDescriptionPosition Summary:The position of Building Maintenance has primary responsibility for the construction and maintenance of all company buildings.Responsibilities:Responsibilities include, but are not limited to:• Commercial steel framing, painting, spackling and...

  • Traffic Systems Technician 1/Trainee 1/Trainee 2

    4 weeks ago

    Hauppauge, New York, United States New York State Civil Service Full time

    NY HELP Yes Agency Transportation, Department of Title Traffic Systems Technician 1/Trainee 1/Trainee 2 (Region 10) - NY HELPS Occupational Category Skilled Craft, Apprenticeship, Maintenance Salary Grade NS Bargaining Unit PS&T - Professional, Scientific, and Technical (PEF) Salary Range From $46648 to $66634 Annually Employment Type Full-Time Appointment...

  • Manager; Packaging Maintenance

    5 days ago

    Hauppauge, New York, United States Contract Pharmacal Corp Full time

    Manager; Packaging Maintenance (1st Shift) Hauppauge, NY ) ApplyDescriptionPosition Summary: The Manager of Packaging Maintenance is responsible for supporting all packaging facilities to ensure equipment, documentation, facilities and support systems (i.e., HVAC, plumbing) are maintained, up to date, and in good working order.Responsibilities: Include but...

  • QA Manufacturing

    4 days ago

    Hauppauge, New York, United States Contract Pharmacal Corp Full time

    QA Manufacturing - 3rd Shift (12:00AM - 8:30AM) HAUPPAUGE, NY ) ApplyDescriptionPosition Summary:The Inspector, QA Manufacturing has the primary responsibility of ensuring product quality is maintained through all phases of manufacturing in accordance with current good manufacturing practices.Responsibilities: Responsibilities include, but are not limited...

  • Compression/Encapsulation Machine Operator

    5 days ago

    Hauppauge, New York, United States Contract Pharmacal Corp Full time

    Compression/Encapsulation Machine Operator (Day, Night & Weekend Shifts) Hauppauge, NY ) ApplyDescriptionPosition Summary:A Machine Operator is responsible for operating manufacturing machinery for compression/encapsulation in compliance with all regulatory SOP requirements and company policies.*Multiple Shifts Available- Day, Night,...

  • Online English, Amharic tutor

    4 weeks ago

    Hauppauge, New York, United States TeacherOn Full time

    I am looking for an instructor to teach my Fiance English, who may also be able to teach me amharic.Level: BeginnerGender Preference: NoneMeeting options:Available online - via skype etc.

  • MDBW- NY Contract

    3 weeks ago

    Hauppauge, New York, United States Inteplast Group Full time

    /Job SummaryThe Contract and Pricing Analyst is responsible for driving all contract, pricing and bid support activities, from quote-bid through implementation of contracts/pricing and execution/management. Tracking of performance will also be a part of this responsibility. The contract and pricing analyst will be responsible as the primary owner of the...

  • Coating Machine Operator

    4 days ago

    Hauppauge, New York, United States Contract Pharmacal Corp Full time

    Coating Machine Operator (Day, Night & Weekend Shifts) Hauppauge, NY ) ApplyDescriptionPosition Summary:A Coating Machine Operator is responsible for the regulation and operation of equipment used in the coating process of pharmaceutical products.*Multiple Shifts Available- Day, Night, Weekend.Responsibilities:Including but not limited to - Accurately...

  • Hospital Manager

    4 days ago

    Hauppauge, New York, United States VCA Animal Hospitals Full time

    We are seeking a highly experienced Veterinary Client Service professional to join our leadership team as Hospital Manager.The role demands a leader with the interpersonal and organizational skills to continue achieving our goals of delivering excellent patient care and customer service to both our clients and referring veterinarians.The successful...

  • Janitorial Independent Contractor

    7 days ago

    Hauppauge, New York, United States City Wide Facility Solutions Full time

    City Wide Facility Solutions is the largest management company in the building maintenance industry, facilitating janitorial and more than 20 additional maintenance services for every client. But we do more than manage maintenance services for commercial facilities – we pride ourselves on being a partner that helps save time and solve problemsWe are...

  • Merchandiser Mandate Retail Service

    4 days ago

    Hauppauge, New York, United States Acosta Group Full time

    Merchandiser Mandate Retail ServiceGeneral InformationCompany: ACO-USLocation: HAUPPAUGE, New York, 11788Ref #: 63931Pay Rate: $ 16.00Experience/skills and/or location may influence position wage rateRange Minimum: $ 16.00Range Maximum: $ 16.00Function: MerchandisingEmployment Duration: Part-timeDescription and RequirementsAcosta is currently seeking...

  • Program Manager

    5 days ago

    Hauppauge, New York, United States Belcan Full time

    Program ManagerJob Number: 348856Category: AdministrativeDescription: Job Title: Program ManagerPay rate: $113k annuallyLocation: Hauppauge, NYArea Code: 631ZIP Code: 11788Start Date: Right AwayKeywords: #ProgrmaManager #AccountManagementJobs #HauppaugeJobsBenefits: Medical with prescription, Dental, Vision from hire date Flexible Spending Accounts (Health...

  • Lead Technician; Electrical

    4 days ago

    Hauppauge, New York, United States Contract Pharmacal Corp Full time

    Lead Technician; Electrical (1st Shift - 8:00AM to 4:30PM) HAUPPAUGE, NY ) ApplyDescriptionPosition Summary:The Lead Technician; Electrical is responsible for diagnosing and repairing all electrical equipment and machinery.Responsibilities:Work closely with other team members to successfully complete assignments in a timely manner, this includes but is not...

  • now hiring outside sales agents

    1 week ago

    Hauppauge, New York, United States 2020 Companies Full time

    We have an immediate opening for a NOW HIRING OUTSIDE SALES AGENTS.Must be able to work various shifts per week.Must have a high school diploma or equivalent.Be authorized to work in the United States.RequirementsWe are seeking candidates for a career opportunity in direct sales for one of our Fortune 500 clients. 20/20 sales agents will market...

  • Lab Tech

    4 days ago

    Hauppauge, New York, United States Contract Pharmacal Corp Full time

    Lab Tech Hauppauge, NY ) • QC Lab (Various)ApplyJob TypeFull-timeDescriptionAbout CPC:CPC management demonstrates strong ethics while promoting a culture that provides a sense of safety to our team. We empower our colleagues to self-organize, while encouraging a sense of connection and belonging. Management is open to new ideas, promotes organizational...

  • Administrative Assistant; Account Services

    5 days ago

    Hauppauge, New York, United States Contract Pharmacal Corp Full time

    Administrative Assistant; Account Services HAUPPAUGE, NY ) ApplyDescriptionPosition Summary:The Account Services Administrative Assistant's primary responsibility is to support the Account Services Department in all day to day customer related responsibilities.Responsibilities:Responsibilities include, but are not limited to:• Handle incoming calls from...

  • Parts Administrator; Packaging Maintenance

    4 days ago

    Hauppauge, New York, United States Contract Pharmacal Corp Full time

    Parts Administrator; Packaging Maintenance Hauppauge, NY ) • Packaging MaintenanceApplyDescriptionPosition Summary:The position of the Parts Technician; Packaging Maintenance has primary responsibility for all equipment spare parts, procurement and distribution to the maintenance and operation's teams in an effort to assist in efficient...

  • Sr Assoc, Procurement

    4 days ago

    Hauppauge, New York, United States Narda-MITEQ Full time

    Sr. Associate, ProcurementHauppauge, NY, US Requisition ID: 1113 Apply Salary Range: 60,000.00 To 75, USD) AnnuallyNarda-MITEQ is dedicated to recruiting and developing diverse, high-performing talent who are passionate about what they do. Our employees are unified in a shared dedication to our customers' mission and quest for professional growth....