Senior Credit Risk Assurance Specialist

4 weeks ago


Bridgeport, Connecticut, United States M&T Bank Full time
Job Summary

This role operates in the 2nd line of defense, embedded in the Credit Risk Department within the Risk Division. The primary responsibility is to analyze and monitor the credit quality and loan exposure for assigned commercial loan portfolios, with a focus on problem credits. The successful candidate will ensure that appropriate recommendations for risk rating changes, including non-accrual and charge-off, are made through established 1st line processes.

Key Responsibilities
  • Independently review and evaluate the accuracy of individual risk ratings on assigned problem loan portfolios from a 2nd line perspective.
  • Communicate regularly with business line management and/or relationship managers regarding high-risk and/or problem loans in their portfolio, with emphasis on delinquencies, overdrafts, and potential non-accruals.
  • Assist in developing near-term forecasts for movements into and out of non-accrual status and potential charge-offs and recoveries.
  • Participate in and/or observe quarterly problem loan meetings to ensure processes are completed completely and accurately.
  • Collaborate with the Credit Accounting team to confirm impairment reserves for problem portfolios.
  • Assist with and/or act as a lead in special projects as assigned and perform additional duties and responsibilities as required.
Requirements
  • Minimum seven (7) years of previous experience in commercial credit, lending, finance, accounting, and/or audit.
  • Bachelor's degree in a business-related curriculum, or in lieu of degree, eight years' experience required.
  • Microsoft software proficiency, including Outlook, Excel, Word, PowerPoint, and Access.
  • Ability to communicate effectively in writing and verbally.
  • Ability to analyze and understand financial data, collateral documentation, and other credit issues.
  • Ability to work independently with minimal oversight from management.
  • Strong understanding of credit policies and guidelines.
Preferred Qualifications
  • MBA preferred.
  • Ability to multi-task and prioritize to complete work within established timeframes.
Work Environment

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $122,746.73 - $204,577.88 (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

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



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