Job Description *** Work Arrangement/Location: This is a hybrid position requiring in-office work four days a week and can be based at Buffalo, NY, Bridgeport, CT, Metro NYC, Boston, MA, Baltimore, MD or Wilmington, DE. Overview: Provide direct support to Workout Officers, Special Assets Team Leaders, Regional Special Assets Managers, and Department Manager in regard to credit underwriting, portfolio management, compliance, and monitoring of new and existing customers within the Special Assets portfolio. Primary
Responsibilities
Liaison with Workout Officers for the purpose of facilitating underwriting approval memos and Problem Loan Management Reports. Includes tracking the receipt of financial statements, ordering appraisals, compliance with covenants, and borrowing base certificates. Attend client meetings with Relationship Managers in order to gain a thorough understanding of the client and their business in order to effectively assist in effective management of the portfolio. Support portfolio management efforts by completing due diligence on clients including: trade reference verification, credit reports and industry/company research. Preparation of reports for regulators and management. Primary responsibility will also include Problem Loan Management Reports, and Scorecards. Perform other related duties and special projects as requested by management. Analyze financial information. Assist RMs in preparing cash-flow and collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis. Participate in internal strategy discussions. Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies. 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
Incumbent works under general supervision and will work very closely with Workout Officers, Special Assets Team Leaders, Regional Special Assets Managers, and Department Manager in all aspects of the loan process. Impact extends to the Bank’s long-term operations, revenues, and profitability. Supervisory/ Managerial
Responsibilities
None
Education
and
Experience
Required: Bachelors degree or four years of equivalent related experience. 5 years of commercial lending or commercial credit experience. Requires very strong financial analytical skills. Bankruptcy experience preferred. Solid knowledge of personal computers. Thorough knowledge of various software programs: Word, Excel and other departmental software.
Education
and
Experience
Preferred: Excellent analytical ability. Knowledge of credit principles. Highly motivated, detail-oriented self-starter. Excellent communication and organization skills. Ability to interact with external and internal personnel using tact and diplomacy. Ability to work under critical time constraints. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $103,000.00 - $171,600.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Buffalo, 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. 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