M&T Bank · 3 weeks ago
Commercial Credit Associate - CRE Affordable Housing
New York, NY
Full-time
Hybrid
Mid Level
$105K/yr - $174K/yr
4+ years expM&T Bank is a financial institution that is seeking a Commercial Credit Associate to assess and manage credit risk for affordable housing commercial clients. This role involves analyzing financial statements, monitoring loan portfolios, and ensuring compliance with credit policies and regulations, while collaborating closely with relationship managers.
Financial Services
Responsibilities
Facilitate the credit needs of customers by underwriting new requests and material modifications from deal screen through approval and for the life of the loan. This analysis may include recommending adding or removing conditions
Will work with senior team members on more challenging complex transactions/account coverage
Manage 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, 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 the credit analyses for the Bank’s commercial transactions. Written analyses to include an independent credit quality assessment with well-supported risk rating, identification of and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues of respective deals
Make appropriate structure recommendations based on an analysis and evaluation of scenarios including the company's case, bank's base case and a downside case
As part of managing the ongoing credit risk of existing portfolios, identify suspicious activity and activity that may be contrary to customer's interest
Partner proactively with relationship managers (RM) and be intimately involved throughout the deal process, from deal screen through approval and for the life of the loan 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
Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business to effectively analyze and underwrite the proposed transaction. Based on underwriting parameters, recommend the risk rating
Prepare summary, present facts, and offers opinions concerning credit-worthiness. Present analysis or address questions during credit request discussions or committee presentations
Ensure credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy and commenting on any risk associated with non-compliance
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
Qualification
Required
Bachelor's degree in Accounting, Finance, Economics or related field and at least 4 years' experience in commercial credit, public accounting, and financial statement analysis
In lieu of a degree, a combined minimum 8 years' higher education and work experience to include at least 4 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis
Strong verbal and written communication skills
Strong analytical skills with proficiency in financial modeling and analysis of credit metrics
Ability to calculate and interpret financial ratios, analyze data, and complete trend analysis
Familiarity with legal documents and how to efficiently understand structural
Critical thinking and problem-solving abilities
Attention to detail with a high level of accuracy
Strong organizational and time management skills
Ability to work independently and as a part of a team
Customer focused with strong interpersonal skills
Proficiency with Microsoft Office
Preferred
Three years of Affordable Housing finance experience
Deal coverage includes the northeast footprint
Experience in Commercial Real Estate and specifically construction lending experience
Experience with NCino, Reis/CoStar
Company
M&T Bank
Great companies have an enduring sense of purpose.
10001+ employees
H1B Sponsorship
M&T Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
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Trends of Total Sponsorships
2025 (116)
2024 (113)
2023 (84)
2022 (103)
2021 (42)
Funding
Current Stage
Late StageLeadership Team
René Jones
Chairman & Chief Executive Officer
Dan Saper
•Co-Founder/Co-Chairman of Welcome to M&T Bank Affinity Group, Western New York Chapter
Recent News
2025-10-07
2025-10-06
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