Commercial Credit Portfolio/Underwriting Analyst

Evaluate and determine, monitor and assess the credit risks of the higher dollar loans (typically less than $10MM) commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.

Primary Responsibilities:

• Facilitate the credit needs of customers by analyzing 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. 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 the credit analyses for the Bank’s commercial transactions. Written analyses to include an independent credit quality assessment with well-supported risk rating, identification of and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues of respective deals.
• 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.
• 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.
• Enter complete and accurate data into Bank systems in support of underwriting and portfolio management activities . 
• Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business to effectively analyze and underwrite the proposed transaction. Based on underwriting parameters, recommend the risk rating.
• Present analysis or address questions during credit request discussions or committee presentations.
• Assist in monitoring credit policy compliance by verifying adherence to the Commercial Credit Policy and commenting on any risk associated with non-compliance.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• 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 together with any issues raised by external regulators as applicable.
• Complete other related duties as assigned.

Scope of Responsibilities:

The Commercial Credit Underwriting/Portfolio Management Department is to provide 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 Department also is responsible for ensuring the accurate completion of the Bank's risk rating scorecards and financial statement spreads. The work completed in this capacity is used to make new credit decisions.
The position interacts with commercial banking relationship managers throughout the bank’s footprint on lower level credit approvals of $10MM or less typically. Contacts are primarily internal such as loan officers and other bank personnel.
Customer interaction is expected.
Works independently under general supervision.

Managerial/Supervisory Responsibilities:

N/A

Education and Experience Required:

Bachelor's degree in Accounting, Finance, Economics or related field and one year work experience in commercial credit, public accounting, financial statement preparation/analysis, or other financial analysis. In lieu of degree, a combined minimum of 5 years higher education and work experience to include one year work experience in commercial credit, public accounting, financial statement preparation/analysis, or other financial analysis.