Commercial Credit Portfolio Analyst

OVERVIEW Evaluate and determine the credit risks of the higher dollar loans (typically less than $10MM) commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service. REPONSIBILITIES Monitor the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk so that appropriate actions can be taken to manage the risk, minimize losses and assign an accurate risk rating. A CCM program includes but is not limited to annual reviews (and PLRs and Guarantor Assessments), interim update memos, a covenant monitoring program, 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 and complete ongoing credit monitoring for the Bank’s commercial transactions. Written analyses to include an independent credit quality assessment for existing loans with well-supported risk rating rationale, identification of credit risks and mitigates, industry concerns, market trends, financial trends, and other pertinent credit issues. Partner proactively with relationship managers and underwriting team in order to maintain timely and accurate risk ratings for a portfolio of commercial credits. Spread financial statements and prepare financial models designed to sensitize various conditions impacting the proposed transaction. Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate. Monitor credit performance of customer portfolios and escalate or remediate, as appropriate. Responsible for the timeliness of the monitoring activities and ensure credit policy compliance by verifying adherence of monitoring activities to the Commercial Credit Policy and commenting on any risk associated with non-compliance. Present analysis or address questions during credit discussions or presentations. 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 together with any issues raised by external regulators as applicable. Complete other related duties as assigned. SCOPE The Commercial Credit Portfolio Management Department is responsible for the ongoing monitoring process for the Bank’s commercial loans to ensure timely and accurate credit risk ratings and compliance with both credit policy and loan agreements. The position interacts with commercial banking relationship managers throughout the bank’s footprint on lower level credit approvals of $10MM or less typically. Contacts are primarily internal such as loan officers and other bank personnel. Potential for client interaction. Works independently under general supervision. EDUCATION REQUIRED Bachelor's degree in Accounting, Finance, Economics or related field EXPEREINCE REQUIRED One year work experience in one or more of the following fields: commercial credit, public accounting, financial statement preparation/analysis, or other financial analysis Good verbal and written communication skills. Good analytical ability Location New York, New York, United States of America