Commercial Credit Senior Associate

Job Description

Overview

The Commercial Credit Senior Associate plays a pivotal role in assessing and managing credit risk for commercial clients at M&T Bank. This position involves analyzing financial statements, monitoring loan portfolio, and ensuring compliance with credit policies and regulatory requirements. This client facing role serves as a critical link between relationship managers (RM) and credit risk management to facilitate sound lending decisions and portfolio management.

Responsibilities

Focus on transaction execution and portfolio management and will partner with senior team members on complex transactions/account coverage.
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.
Make appropriate structure recommendations based on an analysis and evaluation of scenarios including the company's case, bank's base case and a downside case.
Identify suspicious activity and activity that may be contrary to customer's interest.
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.

Qualifications

Bachelor's degree in Accounting, Finance, Economics, or related field and 5 years’ experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
In lieu of a degree, a combined minimum 9 years’ higher education and work experience, to include 5 years’ experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
Strong analytical skills with proficiency in financial modeling and analysis of credit metrics.
Ability to calculate and interpret financial ratios, analyze date, and complete trend analysis.
Emerging proficiency with understanding and negotiating legal documentation including structural analysis and the ability to structure transactions independently.
Excellent verbal and written communication skills.
Critical thinking and problem-solving abilities.
Attention to detail and high level of accuracy.
Ability to work independently and as a part of a team.
Strong organizational and time management skills.
Customer focused with strong interpersonal and relationship building skills.

Preferred Qualifications

Experience with Capital IQ, FactSet, and Bloomberg.

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About Company

Commercial Credit is responsible for the credit delivery of the Bank's commercial clients throughout the credit lifecycle. Credit 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. Credit is also 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 credit decisions for new or renewed or amended credit transactions. Position is an account coverage role and focuses on transaction execution and portfolio management. The position interacts with commercial banking relationship managers throughout the bank’s footprint and industry verticals as well as other internal personnel on credit approvals. Ability to lead a transaction executio