Monitor and assess the credit risks of complex commercial loan portfolios and higher dollar loans (typically $10MM and greater) through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.
RESPONSIBILITIESManage 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.
Analyze financial information and related materials and complete ongoing credit monitoring for the Bank’s commercial transactions. Risk assessment of customers is on an ongoing basis with a focus on identify emerging risks or material changes in customers financial position, including evaluation of compliance with the loan agreement. Written analyses to include an independent credit quality assessment for existing loans with well-supported risk rating rationale, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues.
Partner proactively with relationship managers and underwriting team in order 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.
Monitor credit performance of customer portfolios and escalate or remediate, as appropriate.
Responsible for the timeliness of the monitoring activities and ensure credit policy compliance by verifying adherence of monitoring activities to the Commercial Credit Policy and commenting on any risk associated with non-compliance.
Present analysis or address questions during credit discussions or presentations.
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
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.
SCOPEThe Commercial Credit Portfolio Management Department is responsible for the ongoing monitoring process for the Bank’s commercial loans to ensure timely and accurate credit risk ratings and compliance with both credit policy and loan agreements.
The Commercial Credit Monitoring Analyst interacts with Commercial Banking Relationship Managers throughout the bank’s footprint, as well as other internal personnel, on typical credit monitoring of $10-30MM.
Works independently under limited supervision.
Potential for client interaction.
EDUCATION AND EXPERIENCE REQUIREDBachelors’ degree in Accounting, Finance, Economics or related field with 2 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis or in lieu of degree a combined minimum of 6 years’ higher education and work experience to include 2 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
Strong verbal and written communication skills.
Strong analytical ability
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $66,979.45 - $111,632.42 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.LocationWilmington, Delaware, United States of AmericaSimilar Jobs
What We Do
M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
