Affordable Compliance Manager
Asset LivingSalary not specified
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Affordable HousingIndustries
Requirements
- Ability to analyze financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data
- Skills in spreading financial statements and preparing financial models, cash flow, collateral schedules, covenant sensitivity calculations, and guarantor statement analysis
- Deep understanding of the financial regulatory environment as it applies to underwriting commercial credit transactions
- Capability to assess credit quality independently, recommend risk ratings, identify credit risks and mitigants, industry concerns, market trends, financial trends, and other credit issues
- Experience in structuring credit solutions, proposing loan terms, conditions, collateral, and guarantors based on scenarios (company's case, bank's base case, downside case)
- Knowledge of credit policies and regulatory requirements to ensure compliance and evaluate non-compliance risks
- Ability to manage transaction teams, partner with relationship managers, risk officers, and stakeholders, and attend client/prospect calls
- Proficiency in continuous credit monitoring (CCM) activities, including annual reviews, portfolio loan reviews, guarantor assessments, interim memos, covenant monitoring, problem loan management, and early warning indicators
- Skills in presenting analyses, addressing questions in credit discussions or committee presentations, and preparing summaries with facts and opinions on creditworthiness
- Ability to identify suspicious activity or actions contrary to customer's interest
Responsibilities
- Facilitate credit needs 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 to identify emerging risks, minimize losses, and assign accurate risk ratings
- Review pertinent credit and financial information, determine need for further investigation, and coordinate gathering of additional information
- Analyze financial information and complete written credit analyses, including independent credit quality assessment, risk ratings, risks/mitigants, industry/market/financial trends, and pertinent 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 as part of portfolio risk management
- Partner proactively with relationship managers and internal stakeholders throughout the deal process to maintain timely and accurate risk ratings
- Spread financial statements and prepare financial models to sensitize various transaction conditions
- Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor analyses as appropriate
- Attend client/prospect calls with RMs to understand the business and recommend risk ratings based on underwriting
- Prepare summaries, present facts, and offer opinions on creditworthiness
- Propose loan structures, including terms, conditions, collateral, and guarantors where appropriate
- Ensure credit policy compliance by verifying underwriting adherence and evaluating non-compliance risks
- Present analyses or address questions during credit request discussions or committee presentations
- Understand and adhere to the company’s risk and regulatory standards
Skills
Credit Underwriting
Financial Analysis
Credit Risk Management
Financial Statements
Tax Returns
Due Diligence
Credit Bureaus
Appraisals
Covenant Monitoring
Portfolio Management
Risk Rating
Industry Research
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
