Commercial Credit Associate CRE - Construction Monitoring at M&T Bank

Buffalo, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Commercial Real Estate, ConstructionIndustries

Requirements

Ability to evaluate and determine credit risks of largest, most complex, and/or specialized commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis, and debt service repayment ability
Skills in spreading financial statements and preparing financial models to sensitize various conditions, including cash flow, collateral schedules, covenant sensitivity calculations, and guarantor statement analysis
Proficiency in reviewing credit and financial information such as financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data
Capability to analyze financial information, perform ongoing credit monitoring, assess compliance with loan agreements, and provide independent credit quality assessments with risk rating rationale
Experience in credit risk management, including identification of emerging risks, mitigants, industry concerns, market trends, financial trends, and other credit issues
Knowledge of commercial credit policy, loan agreements, and regulatory/compliance standards
Ability to act as liaison between Commercial Banking Relationship Managers and Underwriting Team, documenting and tracking information for approvals
Competence in presenting analysis during credit discussions, attending client calls, and escalating/remediating credit performance issues

Responsibilities

Manage ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities, including annual reviews, PLRs, guarantor assessments, interim update memos, covenant monitoring, problem loan management, early warning indicators, and credit surveillance to identify risks, minimize losses, and assign accurate risk ratings
Review pertinent credit and financial information to determine need for further investigation or additional information
Analyze financial information and materials for ongoing credit monitoring of commercial transactions, focusing on emerging risks, material changes in financial position, loan agreement compliance, credit quality assessment, risk identification, and mitigants
Serve as liaison between Commercial Banking Relationship Managers and Underwriting Team to facilitate customer credit needs for new requests, modifications, annual reviews/renewals, including documenting/tracking information, reports, and memos for approvals from fulfillment through closing and maintenance
Spread financial statements and prepare financial models, cash flow analyses, collateral schedules, covenant sensitivity calculations, and guarantor analyses
Monitor credit performance of customer portfolios, escalate or remediate as appropriate
Ensure timeliness of monitoring activities and credit policy compliance by verifying adherence and evaluating non-compliance risks
Present analysis or address questions during credit discussions or presentations
Attend client calls with Relationship Managers to understand client business for annual reviews, renewals, and ongoing monitoring
Adhere to compliance/operational risk controls, Company/regulatory standards, and policies
Promote diversity-supporting environment reflecting M&T Bank brand
Maintain internal control standards, implement audit points, and address regulator issues
Complete other related duties as assigned

Skills

Key technologies and capabilities for this role

credit risk analysisfinancial statement analysiscash flow analysiscollateral valuationcredit monitoringrisk ratingcovenant monitoringindustry assessmentloan portfolio managementdue diligenceappraisalstax returns

Questions & Answers

Common questions about this position

What locations is this position available in?

The position is available in Buffalo, NY, Tyson's Corner, VA, Radnor, PA, or NY, NY.

Is the salary range specified for this role?

This information is not specified in the job description.

What key skills are needed for the Commercial Credit Associate role?

Key skills include detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis, and credit risk evaluation.

What does the role involve in terms of company culture or team interaction?

The role acts as a liaison between Commercial Banking Relationship Managers and the Underwriting Team to facilitate customer credit needs.

What makes a strong candidate for this position?

Strong candidates have experience in continuous credit monitoring, financial analysis, risk assessment, and ensuring compliance with commercial credit policy.

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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