Overview:

Reviews, analyzes, and processes loan and lease credit applications and conducts credit investigations to make informed credit decisions within assigned authority; refers applications exceeding that authority to others for decisioning.  Works in partnership with Sales in communicating with origination source, obligor, accounting firms, banks, etc.  Works with Sales to explain credit decisions and/or transaction structure.  Recommends risk ratings based on the utilization of the Bank’s Probability of Default and Loss Given Default scorecards.  Writes more detailed credit memos which address anticipated information needs for management decisioning of higher transaction amounts.  

Primary Responsibilities:

Underwrite loan and lease credit applications within assigned authority and accurately record the decision in the appropriate system.

Refer credit decisions above assigned authority to proper credit personnel, inclusive of a recommendation for approval or denial. Ensure all credit recommendations have been approved by the proper level of credit authority.

Prepare credit-write ups for transactions with total exposure between $1.0 mm and $2.0 mm, routinely including the review of borrower’s financial statements (which can include 10K and 10Q reports) and/or tax returns that require use of financial spreadsheets to properly analyze financial condition and cash flow.  Search public databases to obtain debt ratings, financial statements, and other information as needed.

Assign appropriate risk ratings to customers according to parameters outlined in Credit Policy.  

Review collateral descriptions, vendor qualifications and experience with the business and recommend appropriate structure and credit action as part of comprehensive credit write-up.

Ensure activities adhere to Credit Policy, including identification of reportable and non-reportable policy exceptions, as well as other Bank policies and external regulations.

Determine total business credit exposure and review current and past schedules held with the business to determine potential credit concerns related to payment delinquencies.

Prepare annual reviews for existing borrowers with exposure greater than $750 m on a quarterly basis and inclusive of a review of updated financial statements and evaluation of assigned risk ratings.

Communicate with Sales to provide explanations of investment decisions and/or transaction structure as needed.  

Develop and maintain a sound understanding of the inherent sensitivities with vendor, major account, and end user relationships, while managing credit risk; escalate concerns to management as required.

Present analyses and/or address questions during credit request discussions or committee presentations as requested.

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 belonging 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:

Supervisory/Managerial Responsibilities:

Not Applicable

Education and Experience Required:

Bachelor’s degree and a minimum of 3 years’ related experience, or in lieu of a degree, a combined minimum of 7 years’ higher education and/or work experience, including a minimum of 3 years’ related experience

Strong organizational skills

Strong analytical skills

Strong decision-making skills

Strong verbal and written communication skills

Proven presentation skills

Good working knowledge of credit and underwriting principles and procedures            

Education and Experience Preferred:

Bachelor’s degree in Finance, Accounting, Economics, or Mathematics

Minimum of 5 years’ related experience

Formal credit training

Leasing industry experience

Working knowledge of other related departments within the business

Complete knowledge and understanding of business credit policies and procedures

Physical Requirements:

General office environment

General office equipment

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $35.88 - $59.80 (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location.

Location

Clanton, Alabama, United States of America