Credit Policy Analyst II (Hybrid - Buffalo, NY) at M&T Bank

Buffalo, New York, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Bachelor’s degree (English/Business/Communications) and minimum of 3 years financial services experience including documenting policies and procedures, OR in lieu of degree, a combined minimum of 7 years higher education and/or work experience including 3 years financial services experience including documenting policies and procedures
Previous experience writing documents that can be presented and understood to higher authorities
Proficient in utilizing software applicable to documenting policies and procedures
Ability to convey technical material in a concise and effective manner
Ability to simplify complex processes/concepts to maximize audience understanding

Responsibilities

Work with the lines of business and the Credit division to draft, with limited supervision, changes to Credit Policy that are clear, concise and easy to understand
Coordinate Credit Policy working groups and facilitate update/development of credit policies
Conduct Credit Policy research and apply industry best practices
Ensure Credit Policy maintenance (document updates and track and monitor change requests)
Prepare communications of Credit Policy changes to stakeholders
Assist with the preparation of Credit Policy training materials and annual updates
Conduct statistical and documentary research and draft policy changes, correspondence and charts/spreadsheets
Maintain general contact and act as a liaison with leadership with respect to working groups and committees
Mentor junior staff
Develop analytics to support recommendations and updates to Credit Policy
Support division initiatives to understand and mitigate impacts to credit administration resulting from current as well as enhanced policies
Work with business line leadership to ensure their awareness of risk-related issues and mitigation
Assist with the identification of credit policy controls and review of test scripts
Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management
Promote an environment that supports belonging and reflects the M&T Bank brand
Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
Complete other related duties as assigned

Skills

Credit Policy

Policy Drafting

Industry Research

Peer Analysis

Excel

Analytics

Statistical Research

Risk Management

Regulatory Compliance

Stakeholder Communication

Training Materials

Mentoring

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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