Commercial Credit Senior Analyst, Affordable Housing at M&T Bank

New York, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Affordable HousingIndustries

Requirements

Ability to partner with senior team members on underwriting and monitoring credit relationships
Skills in performing supporting analysis, identifying risk issues, and completing sections of credit analysis
Proficiency in reviewing credit and financial information (e.g., financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, peer data)
Competence in analyzing financial information and completing credit analyses for affordable housing transactions, including independent credit quality assessment, risk rating, identification of risks/mitigants, industry/market/financial trends
Experience in making structure recommendations based on scenario analysis (company case, bank's base case, downside case)
Ability to identify suspicious activity and issues contrary to customer interests
Proactive partnering with relationship managers (RMs) and stakeholders throughout the deal process
Skills in spreading financial statements and preparing financial/projection models, cash flow/collateral schedules, covenant sensitivity calculations, guarantor statement analysis
Capability to attend client/prospect calls, understand business, recommend risk ratings based on underwriting parameters
Proficiency in preparing summaries, presenting facts/opinions on credit-worthiness, and addressing questions in discussions/committee presentations
Knowledge of ensuring credit policy compliance and commenting on non-compliance risks
Understanding of company's risk/regulatory standards, policies, controls, and Risk Appetite; ability to identify/escalate issues
Commitment to promoting belonging, M&T Bank brand, internal control standards, audit/regulatory compliance

Responsibilities

Facilitate credit needs by underwriting new requests/material modifications from deal screen through approval and loan life, including recommending conditions
Manage ongoing credit risk of loan portfolios via continuous credit monitoring (CCM), including annual reviews, interim memos, covenant monitoring, problem loan management, early warning indicators, credit surveillance to identify risks, minimize losses, assign accurate risk ratings
Determine need for further investigation or additional information from credit/financial sources
Analyze financial materials and complete credit analyses for affordable housing transactions
Make structure recommendations based on scenario evaluations
Identify suspicious activity and issues contrary to customer interests in portfolio management
Partner with RMs/stakeholders throughout deal process, spread statements, prepare models to sensitize transaction conditions, maintain timely risk ratings
Prepare cash flow/collateral schedules, covenant calculations, financial models, guarantor analyses
Attend client/prospect calls with RMs to understand business and underwrite transactions, recommend risk ratings
Prepare summaries, present facts/opinions on credit-worthiness
Present analysis or answer questions in credit discussions/committee presentations
Ensure underwriting complies with Commercial Credit Policy, comment on non-compliance risks
Adhere to risk/regulatory standards, escalate issues
Promote belonging and M&T brand environment
Maintain internal control standards, implement audit/regulatory points
Complete other related duties as assigned

Skills

Credit Underwriting

Credit Analysis

Financial Statement Analysis

Credit Risk Management

Risk Rating

Due Diligence

Appraisal Review

Covenant Monitoring

Portfolio Monitoring

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

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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