Commercial Credit Associate CRE at M&T Bank

New York, New York, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Commercial Real EstateIndustries

Requirements

Analyze 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
Spread financial statements and prepare financial models designed to sensitize various conditions
Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis
Attend client/prospect calls with RMs to understand the client/prospect and their business
Understand and adhere to the Company’s risk and regulatory standards, policies, controls, and Commercial Credit Policy
Maintain M&T internal control standards, including timely implementation of internal and external audit points and issues raised by external regulators
Work with senior team members on complex transactions/account coverage

Responsibilities

Facilitate credit needs of customers by underwriting new requests and material modifications from deal screen through approval and for the life of the loan, including recommending conditions
Manage ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities, including annual reviews, interim update memos, covenant monitoring, problem loan management, early warning indicators, and credit surveillance
Analyze financial information and complete credit analyses, including independent credit quality assessment, risk rating, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other credit issues
Make structure recommendations based on analysis of company's case, bank's base case, and downside case
Identify suspicious activity and activity contrary to customer's interest in existing portfolios
Partner proactively with relationship managers (RMs) throughout the deal process to maintain timely and accurate risk ratings
Prepare summaries, present facts, offer opinions on credit-worthiness, and address questions during credit request discussions or committee presentations
Ensure credit policy compliance by verifying underwriting adherence and commenting on non-compliance risks
Identify risk-related issues needing escalation to management
Promote an environment that supports belonging and reflects the M&T Bank brand
Complete other related duties as assigned

Skills

Key technologies and capabilities for this role

Credit UnderwritingFinancial Statement AnalysisCredit Risk ManagementLoan Portfolio MonitoringCredit MonitoringRisk RatingCovenant MonitoringAppraisalsDue DiligenceIndustry ResearchTax ReturnsRegulatory Compliance

Questions & Answers

Common questions about this position

What are the main responsibilities of the Commercial Credit Associate role?

The role involves underwriting new credit requests and modifications, managing ongoing credit risk through continuous monitoring activities like annual reviews and covenant tracking, analyzing financial statements and related materials, and partnering with relationship managers throughout the deal process.

Is this a remote position or does it require office work?

This information is not specified in the job description.

What is the salary or compensation for this position?

This information is not specified in the job description.

What skills or experience are needed for this Commercial Credit Associate role?

Key skills include analyzing financial statements, tax returns, appraisals, and industry data; performing credit risk assessments and financial modeling; continuous credit monitoring; and partnering with relationship managers on complex transactions.

What makes a strong candidate for this position at M&T Bank?

Strong candidates have experience in commercial real estate credit analysis, can handle complex transactions with senior team support, excel in financial modeling and risk rating, and collaborate effectively with relationship managers.

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Buffalo, New YorkHeadquarters

1993Year Founded

IPOCompany Stage

Financial ServicesIndustries

10,001+Employees

Risks

Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.

Integration challenges from the United Bank merger may disrupt operations.

Decreased prime rate could reduce interest income, impacting profitability.

Differentiation

M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.

The bank offers a wide range of traditional and digital banking services.

Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Upsides

M&T Bank's $1.5 billion senior notes offering strengthens its financial position.

Decreased prime rate may attract more borrowers, increasing loan volume.

Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

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