Overview: Independently administers a complex Commercial Real Estate and multi-family residential construction loan portfolio from origination through payoff or rollover. Primary
Responsibilities
Review loan documents to ensure consistency with loan approval and Bank construction requirements. Coordinate with closing attorney, borrower, investors and participants for pre- and post-closing construction loan requirements for adequacy and compliance prior to loan settlement and/or advances. Ensure up-front equity requirements have been met prior to hard cost funding. Provide analysis and maintenance of loan budget and reallocations to ensure project remains in line with approved costs and completion date. Prepare ticklers and track covenant compliance in connection with construction; track relevant covenant data in the system for reporting to senior management. Work directly with inspector to ensure inspections are timely and provide appropriate data to determine a project is on target with budget and completion. Work with Relationship Manager, inspector and borrower to resolve unforeseen issues that may develop during construction. Understand and comply with state specific title requirements to maintain Bank's lien priority. Work with title company, Relationship Manager and customer to address intervening liens and other matters of title that develop during the course of the funding process. Identify critical risks or project setbacks through careful analysis of title updates, draw back-up and budget updates and site inspections and escalate issues to appropriate internal and line management for resolution and approval. Participate in department-wide special projects and initiatives as needed. Ensure loan budgets and project performance are appropriately maintained on the system. Assist manager with new employee training or with issues typical of complex loans. 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.
Education
and
Experience
Required: Bachelor's degree and a minimum of 3 years’ proven commercial real estate and/or multi-family closing, asset management, loan administration or underwriting experience, or in lieu of degree, a combined minimum of 7 years’ higher education and/or work experience including a minimum of 3 years’ proven commercial real estate and/or multi-family closing, asset management, loan administration or underwriting experience
Education
and
Experience
Preferred: Previous Bank experience in CRE and multi-family residential construction monitoring or loan workout Knowledge of Bank policies, procedures and banking regulations Proficiency with personal computers as well as pertinent software packages, loan information systems and internet applications Strong analytical skills Strong organizational skills Strong verbal and written communication skills Ability to interact with all levels of personnel Detail-oriented M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $74,600.00 - $124,400.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location York, Pennsylvania, 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. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. 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 – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. 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. View M&T’s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at careersitesupport@mtb.com for assistance. 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. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace. Career Site Privacy Notice