This position operates in the 2nd line of defense and is embedded in the Credit Quality Assurance group within the Credit Risk Department, which is part of the Risk Division. The position acts as an oversight function of the 1st LOD and 2LOD Continuous Monitoring activities. The primary responsibility is to independently assess the accuracy and adequacy of PD grades and Risk Rating rationales, credit memo quality, and adherence to relevant underwriting guidelines and procedures. and loan exposure for assigned commercial loan portfolio with a focus problem credits. The analyst is also responsible for analysis of criticized credits within CQA’s quarterly PLMR reviews.
Strong interpersonal skills necessary for business partner relationships within and outside the organization.
Provides appropriate documentation and support when assessing Commercial loans.
Escalate credit problems and make recommendations for action to management to ensure timely recognition of the appropriate risk ratings with proper accrual designation, reserve and/or charge-off as warranted.
Provide direct assistance/support to the Department Manager which could include assuming Team Leader responsibilities on occasion.
Assist in staff training.
Minimum seven (7) years previous experience in commercial credit, lending, (CRE/C&I/Specialty).
Bachelor’s degree in a business-related curriculum, or in lieu of degree, 8years’ experience required.
Microsoft software including Outlook, Excel, Word, PowerPoint, Access, etc.
Data analytics experience and/or licenses
Credit skills: ability to analyze and interpret financial statements, as well as evaluate financial analyses for accuracy and completeness
Communicate effectively both in writing and verbally.
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.
Ability to work independently with minimal oversight from management.
Strong understanding of credit policies and guidelines.
MBA preferred.
Not applicable
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $109,300.00 - $182,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
New York, New York, United States of America
Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. Founded in 1856 in Buffalo, NY we are now a top 11 full-service US-based commercial bank with a retail footprint across the east coast and wealth services available nationwide and abroad. As a bank, we offer advice, guidance, expertise, and solutions across the entire financial spectrum that combines M&T’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. We are a community-minded organization with more than 167 years of experience. We serve customers, community, and colleagues whether they be across the street, across the state or across the country.
As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values drive the work we do – integrity, ownership, collaboration, curiosity, candor and we seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members.
M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.
