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M&T Bank · 1 day ago

Commercial Credit Senior Associate, Private Banking

Boston, MA

Full-time

Onsite

Senior Level

$120K/yr - $199K/yr

5+ years exp

M&T Bank is a financial institution seeking a Commercial Credit Senior Associate for their Private Banking sector. The role involves assessing and managing credit risk for private banking clients, analyzing financial statements, and ensuring compliance with credit policies and regulations.

Financial Services

H1B Sponsor Likely

Responsibilities

Focus on transaction execution and portfolio management and will partner with senior team members on complex transactions/account coverage

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

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, and coordinate gathering of such 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 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. Assist in the structure of loan requests, where appropriate, to include suggestions on terms, conditions, controls, collateral, and guarantors

Displays deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions

Ensure credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy, and evaluating any risk associated with non-compliance Present analysis or address questions during credit request discussions or committee presentations

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

Commercial credit analysisFinancial modelingCredit risk managementFinancial statement analysisLegal documentation negotiationMicrosoft OfficeNCino experiencePrivate banking experienceVerbal communicationWritten communicationCritical thinkingProblem-solvingAttention to detailOrganizational skillsTime managementInterpersonal skillsTeamwork

Required

Bachelor's degree in Accounting, Finance, Economics, or related field and 5 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis

In lieu of a degree, a combined minimum 9 years' higher education and work experience, to include 5 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis

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

Emerging proficiency with understanding and negotiating legal documentation including structural analysis and the ability to structure transactions independently

Excellent verbal and written communication skills

Critical thinking and problem-solving abilities

Attention to detail and high level of accuracy

Ability to work independently and as a part of a team

Strong organizational and time management skills

Customer focused with strong interpersonal and relationship building skills

Proficiency in Microsoft Office

Preferred

Experience with nCino

Experience in private banking

Company

M&T Bank

Glassdoor3.6

Great companies have an enduring sense of purpose.

Founded in 1856

Buffalo, New York, US

10001+ employees

http://www.mtb.com

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)