Job Description

Position Overview

This position operates in the 2nd line of defense and is embedded in the Credit Risk Department, which is part of the Risk Division. The role primarily focuses on the oversight of 1st line of defense Continuous Monitoring activities. The main responsibility is to analyze and monitor the credit quality and loan exposure for an assigned commercial loan portfolio, with a strong emphasis on problem credits. Additionally, the role involves monitoring and overseeing the credit quality of higher-risk transactions. Ensure that appropriate recommendations for risk rating changes, including non-accrual and charge-off, follow established 1st line processes through the department hierarchy. Escalate credit problems and make appropriate recommendations for action to management.

Primary Responsibilities

• Independently review and evaluate the accuracy of individual risk ratings on assigned problem loan portfolios from a 2nd line perspective.
• Communicate regularly with business line management and/or relationship managers, Portfolio Managers, Co’s, SCO’s, Special Assets, etc., regarding high-risk and/or problem loans in their portfolios. This includes a focus on delinquencies, overdrafts, identification of criticized loans, potential non-accruals, loss exposure, and/or charge-offs.
• Assist in developing near-term forecasts for movements into and out of non-accrual status and potential charge-offs and recoveries.
• Participate in and/or observe quarterly problem loan meetings and confirm that processes are completed completely and accurately.
• Collaborate with the Credit Accounting team to confirm impairment reserves for the problem portfolios.
• Assist with and/or act as a lead in special projects as assigned and perform additional duties and responsibilities as required.
• Assist the Department Manager and Team Leaders in developing and executing strategies to provide better insight into portfolio risk.
• Prepare written documents and escalate material findings to the Department Manager and/or Team Leaders on an ongoing basis.
• Assist with targeted Bank Examinations as required.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• Promote an environment that supports diversity and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points, along with any issues raised by external regulators, as applicable.
• Complete other related duties as assigned.

Scope of Responsibilities

• Possesses strong interpersonal skills necessary for business partner relationships within and outside the organization.
• Provides appropriate documentation and support when assessing the commercial problem loan portfolio.
• Escalates credit problems and makes recommendations for action to management to ensure timely recognition of appropriate risk ratings with proper accrual designation, reserve, and/or charge-off as warranted.

Supervisory/Managerial Responsibilities

• Possesses expert credit knowledge and will actively coach/mentor junior staff.
• Provides direct assistance/support to the Department Manager and/or Team Leaders, which could include assuming Team Leader responsibilities on occasion.
• Acts as backup to the Team’s Manager.
• Works with the CRM Program Director in developing and delivering 2LOD training, as well as ongoing credit-related training.
• May have some supervisory responsibilities.

Requirements

Education and Experience Required:

• Minimum of seven (7) years of previous experience in commercial credit, lending, finance, accounting, and/or audit.
• Bachelor’s degree in a business-related curriculum, or in lieu of a degree, 8 years of experience is required.

Education and Experience Preferred:

• Proficiency in Microsoft software, including Outlook, Excel, Word, PowerPoint, and Access.
• Effective communication skills, both written and verbal.
• Ability to multi-task and prioritize to complete work within established timeframes.
• Ability to analyze and understand financial data, collateral documentation, and other credit issues.

Employment Type

Full time

Location Type

Information not provided.

Salary

Information not provided.