Commercial Credit Analyst, CRE

Overview

A member of the Commercial Credit team who partners with senior team members, supporting underwriting and the ongoing monitoring of a portfolio of credit relationships. This role is responsible for performing supporting analysis, identifying risk issues, and completing sections of credit analysis as needed to assess the creditworthiness of commercial clients.

Primary Responsibilities

• Facilitate the credit needs of customers by analyzing new requests and material modifications from deal screen through approval and for the life of the loan. This analysis may include recommending adding or removing conditions.
• Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities. This includes timely identification of emerging credit risk to enable appropriate action, risk minimization, and accurate risk rating assignment. CCM encompasses annual reviews, interim update memos, covenant monitoring, problem loan management, early warning indicators, and other forms of credit surveillance.
• Review all pertinent credit and financial information, including but not limited to financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data. Determine the need for more thorough investigation or additional information.
• Analyze financial information and related materials to complete credit analyses for the Bank’s commercial transactions. Written analyses must include an independent credit quality assessment with a well-supported risk rating, identification and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues of the respective deals.
• Make appropriate structure recommendations based on an analysis and evaluation of scenarios, including the company’s case, the bank’s base case, and a downside case.
• Identify suspicious activity or activity that may be contrary to a customer’s interest as part of managing the ongoing credit risk of existing portfolios.
• Partner proactively with relationship managers (RM) and be intimately involved throughout the credit process—from deal screen through approval and for the life of the loan—to maintain timely and accurate risk ratings for a portfolio of commercial credits.
• Spread financial statements and prepare financial/projection models designed to sensitize various conditions impacting the proposed transaction. Prepare cash flow, collateral schedules, covenant sensitivity calculations, and guarantor statement analysis as appropriate.
• Enter complete and accurate data into Bank systems in support of underwriting and portfolio management activities.
• Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business to effectively analyze and underwrite the proposed transaction. Recommend the risk rating based on underwriting parameters.
• Present analysis or address questions during credit request discussions or committee presentations.
• Assist in monitoring credit policy compliance by verifying adherence to the Commercial Credit Policy and commenting on any risk associated with non-compliance.
• Understand and adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• 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 alongside any issues raised by external regulators as applicable.
• Complete other duties as assigned.

Scope of Responsibilities

Commercial Credit is responsible for the credit delivery of the Bank's commercial clients throughout the credit lifecycle. Credit assessments range from initial analyses of new relationships with the Bank to material modifications or restructurings of long-term relationships and ongoing monitoring through the life of the loan. Commercial Credit is also responsible for ensuring the accurate completion of the Bank's risk rating scorecards and financial statement spreads. The work completed in this capacity is used to make credit decisions for new, renewed, or amended credit transactions.

Contacts are primarily internal, such as credit officers and other bank personnel. The position interacts with commercial banking relationship managers throughout the bank’s footprint and industry verticals, and customer interaction is expected. This role works independently under general supervision.

Supervisory/Managerial Responsibilities

N/A

Education and Experience Required

• Bachelor’s degree in Accounting, Finance, Economics, or a related field, and a minimum of one year’s work experience in commercial credit, public accounting, financial statement preparation/analysis, or other financial analysis. In lieu of a degree, a combined minimum of 5 years’ higher education and/or work experience, including one year of work experience in commercial credit, public accounting, financial statement preparation/analysis, or other financial analysis.
• Strong verbal and written communication skills.
• Strong analytical ability.
• Critical thinking and problem-solving abilities.
• Attention to detail with a high level of accuracy.
• Strong organizational and time management skills.
• Ability to work independently and as part of a team.
• Customer-focused with strong interpersonal skills.
• Proficiency with Microsoft Office.

Education and Experience Preferred

• Experience with Capital IQ, FactSet, and Bloomberg.

Compensation and Location

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $75,900.00 - $126,500.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location: New York, New York, United States of America