Overview:

Responsible for ongoing monitoring of an assigned portfolio of loan and lease accounts to up to $10 mm to ensure timely and accurate credit risk ratings and compliance with credit policy and loan agreements. Works with management and the sales team as required.

Primary Responsibilities:

Complete continuous credit monitoring (CCM) for a portfolio of equipment finance loan and lease clients for more complex credits.  Provide an independent credit quality assessment of the Bank's larger loan and lease clients identifying appropriate risk rating, credit risks and mitigates, industry concerns, market trends, financial trends, and other pertinent credit issues.

Individually assess ongoing risk of an assigned portfolio with exposures up to $10 mm, including direct and indirect syndication relationships and group participations. 

Support various regions in terms of credit analysis functions by partnering proactively with sales and underwriting teams to prepare thoughtful risk assessment of customers on an ongoing basis to identify emerging risks or material changes in customer financial position, including evaluation of loan agreement compliance.

Evaluate and determine ongoing credit risks and corresponding risk rating of loan and lease clients through detailed financial statement spreading and analysis, industry assessment, collateral valuation, cash flow analysis and ability to repay annual debt service.

Mentor less experienced analysts as required.

Maintain work logs and prepare monthly productivity reports for management, and other reports, as needed.  Maintain collateral worklogs, track floor planning, and report on industry-specific risk profiles for aviation, marine and/or truck transportation as required.  Maintain account specific worklogs.

Maintain an in-depth knowledge of accounting pronouncements and the effect on Bank credits.

Prepare for, and present at, quarterly portfolio risk analyst meetings with senior management. 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 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 of Responsibilities:

The position ensures risk ratings for equipment finance loan and lease customers are timely and accurate, and Regional Credit Officers and various Loan Committees have appropriate details to make timely and informative decisions on credit requests for existing customers, within Bank lending parameters.  The position trains and mentors less experienced analysts as required to build bench strength within the department.  The position has initiation authority on all modification memorandums. The position interacts with senior management in Credit and Commercial Banking on a regular basis and has frequent client interaction. The financial statements the position reviews are of varying quality and can include publicly and not publicly traded companies.  The CCM program the position is charged with carrying out includes, but is not limited to, annual reviews, interim update memos, CCAR (Comprehensive Capital Analysis and Review) compliance, post-closing modifications, covenant monitoring, underwriting transfers, assumptions, stock purchases, transfer of qualified credits to the workout team, early warning indicators, and other forms of credit surveillance.

Supervisory/Managerial Responsibilities:

Not Applicable

Education and Experience Required:

Bachelors’ degree in Accounting, Finance, or related discipline and a minimum of 2 years’ related work experience, or in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including a minimum of 2 years’ related work experience 

Education and Experience Preferred:

Minimum of 3 years’ related work experience

Equipment leasing experience

Sound understanding of financial statements and accounting terminologies

Ability to spread, analyze, and present complex credits according to policy

Strong verbal and written communication skills

Strong presentation skills

Strong negotiation skills

Ability to handle escalated situations

Strong interpersonal skills

Strong problem-solving skills

Strong analytical skills

Proficiency with personal computers, including pertinent word processing, spreadsheet, and industry-specific software

Ability to work independently

Ability to use own discretion.

Ability to manage multiple priorities

Physical Requirements:

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $74,286.06 - $123,810.11 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Bridgeport, Connecticut, United States of America