Jr. Credit Underwriter
finallySalary not specified
Full Time
Junior (1 to 2 years)
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries
Requirements
Candidates must possess a deep understanding of the financial regulatory environment as it applies to underwriting commercial credit transactions. They should also understand and adhere to the company's risk and regulatory standards, policies, and controls.
Responsibilities
The Commercial Credit Lead will facilitate customer credit needs by underwriting new requests and modifications, managing ongoing credit risk through continuous credit monitoring, and reviewing pertinent credit and financial information. Responsibilities include analyzing financial data, completing credit analyses with well-supported risk ratings, making appropriate structure recommendations, identifying suspicious activity, partnering with relationship managers, preparing financial models and schedules, attending client calls, and ensuring credit policy compliance.
Skills
Credit Risk Analysis
Financial Statement Analysis
Credit Structuring
Legal Document Negotiation
Credit Approval
Credit Policy Compliance
Regulatory Compliance
Portfolio Management
Underwriting
Loan Review
Due Diligence
Financial Analysis
Risk Assessment
Credit Monitoring
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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