Commercial Credit Risk Manager

3 weeks ago


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

Job Summary:

We are seeking a highly skilled Commercial Credit Senior Underwriter/Portfolio Manager to join our team at M&T Bank. This role will be responsible for evaluating and determining 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.

Key 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.
  • 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.
  • Determine the need for more thorough investigation or additional information and coordinate the gathering of such information.
  • Analyze financial information and related materials and complete the credit analyses for the Bank's commercial transactions.
  • 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.

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.
  • Excellent verbal and written communication skills.
  • Excellent analytical ability.

Working Environment:

The Commercial Credit Underwriting/Portfolio Management Department is responsible for providing 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 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.



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