Senior Relationship Manager

1 week ago


Bar Harbor, Maine, United States M&T Bank Full time
Job Summary

We are seeking a highly skilled Senior Relationship Manager to join our team at M&T Bank. As a key member of our Dealer Commercial Services team, you will be responsible for developing and managing a portfolio of auto, boat, and RV dealers/dealer group(s) with complex lending and financial requirements.

Key Responsibilities
  • Establish and maintain strong relationships with major dealership/dealer groups, promoting financial products, services, and opportunities to improve their profitability with minimal risk to M&T Bank.
  • Service customers seeking loan and/or deposit relationships with the Bank, interviewing applicants to develop information concerning their businesses and requirements, evaluating credit information, and making relationship recommendations.
  • Participate in and assess the effectiveness of formal call programs targeting new loan and deposit business.
  • Evaluate requests for dealer commercial services, commercial real estate, and commercial loan financing for auto, boat, and RV dealers, as well as loan requests for dealer principals and partners.
  • Analyze each applicant's financial condition, cash flow, and credit history to make appropriate loan decisions within lending guidelines.
  • Approve loans up to maximum lending authority, prepare and present loan requests to senior credit officers and credit committees when necessary.
  • Stay up-to-date with industry trends and developments, and develop strategies to increase the Bank's business in saturated, developing, and emerging markets.
  • Work closely with Sales Managers and Credit Managers to gather information and receive recommendations on potential customers, structure and price credits to maximize the bank's return while minimizing risk.
  • Maximize the Department's profitability through the maintenance of a high-quality loan portfolio, following current loans to ensure conformity with terms, and maintaining current and complete credit files.
  • Provide guidance and technical knowledge to less experienced dealer commercial services relationship managers.
  • 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, and address any issues raised by external regulators as applicable.
Requirements
  • Bachelor's Degree and a minimum of 7 years of Dealer Commercial Services and/or Commercial Lending experience, or in lieu of a degree, a combined minimum of 11 years of higher education and/or work experience, including a minimum of 7 years of Dealer Commercial Services and/or Commercial Lending experience.
  • Master's degree preferred.
  • Superior relationship management, sales, and business development skills required.
  • Strong credit analysis and commercial lending skills necessary.
  • Strong knowledge of financial statements, tax returns, and credit reports.
  • Thorough knowledge of bank/PC software programs utilized by the department.
  • Excellent presentation skills.
  • Strong negotiation skills.
  • Superior organizational, written, and verbal communication, and presentation skills.
  • Ability to handle conflict without alienating people.
  • Ability to work with peers and gain their cooperation.
  • Ability to interact professionally with all levels of personnel.
  • Demonstrated leadership skills in prior roles.
  • Self-motivated, well-organized individual.
  • Ability to work under critical time constraints.
Compensation

The pay range for this position is $127,124.05 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.



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