Commercial Credit Underwriter/Portfolio Manager

Company	M&T Bank
Location	New York, NY, USA
Salary	$87822.93 – $146371.55
Type	Full-Time
Degrees	Bachelor’s
Experience Level	Mid Level, Senior

Requirements

Bachelor’s degree in Accounting, Finance, Economics or related field
At least 4 years’ experience in commercial credit, public accounting, and financial statements
In lieu of a degree, a combined minimum of 8 years’ higher education and work experience to include at least 4 years’ experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis
Strong verbal and written communication skills
Strong analytical ability

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 but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data.
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.
Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate.
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.
Prepare summary, present facts, and offers opinions concerning credit-worthiness.
Ensure credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy and commenting on any risk associated with non-compliance.
Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.
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.

Preferred Qualifications

No preferred qualifications provided.