M&T Bank
Job Description:
Evaluate and determine the credit risks of commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.
Job Responsibilities:
- As requested, participate in the structuring of loan requests, where appropriate, to include suggestions on terms, conditions, controls, collateral and guarantors.
- Promote an environment that supports diversity and reflects the M&T Bank brand.
- 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.
- Complete other related duties as assigned and participate in various Loan Analysis Departmental projects.
- Determine the need for more thorough investigation or additional information, and coordinate gathering of such information.
- Responsible for the training of junior/newly hired Credit Analysts.
- Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
- Maintain an in-depth knowledge of accounting pronouncements and other financial analysis-related topics.
- Monitor credit policy compliance by verifying adherence to the Commercial Credit Policy and commenting on any risk associated with non-compliance.
- Analyze financial information and related materials and complete the credit analyses for the Bank’s commercial transactions. Analyses to include risk rating of credit and compilation of accurate PD rationales. Written analyses to include well-supported identification of and description of risks and mitigants of respective deals.
- Present analysis or address questions during credit request discussions or committee presentations, as requested.
- 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.
- Spread financial statements and prepare advanced financial models designed to sensitize various conditions impacting the proposed transaction.
Job Requirements:
- Minimum 5 years’ prior experience in complex credit underwriting, specialty underwriting or other complex financial analysis role.
- Independently stays abreast of industry, accounting, finance and other relevant information related to the types of credits and borrowers frequently underwritten.
- Exhibits expert analysis and relevant topical knowledge when interacting with peers, relationship manager, senior managers across departments and deal teams.
- Bachelor’s degree in Accounting, Finance or related field,
- Can interact with clients and outside parties directly and effectively in a professional manner in discussing difficult or complex matters.
- Team player with strong collaboration skills.
- Ability to assist in the management of the department in the Manager’s absence.
- In lieu of a degree,
- A combined minimum of 9 years higher education and/or work experience, including a minimum 5 prior years’ experience in complex credit underwriting, specialty underwriting or other complex financial analysis role.
- Ability to construct concise, persuasive verbal and written analytical summations.
Job Details:
Company: M&T Bank
Vacancy Type: Full Time
Job Location: Buffalo, NY, US
Application Deadline: N/A
