M&T Bank Corporation

Commercial Credit Quality Monitoring Officer I

M&T Bank Corporation • $62K — $103K *
Buffalo, NY 14221Hybrid
Finance & Insurance
Less than 5 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Accounting, Finance, Economics or related field; or 6 years of higher education and work experience including 2 years in commercial credit.
  • 2 years’ experience in commercial credit, public accounting, financial statement preparation, or financial analysis.
  • Solid understanding of credit risk management techniques and bank credit regulations.
  • Effective written and verbal communication skills.
  • Proficiency in spreadsheet, word processing, presentation, and database software.

Responsibilities

  • Conduct quality reviews on individual loans and portfolios, providing feedback as per operational guidelines.
  • Validate risk ratings and ensure credit file accuracy and policy adherence.
  • Evaluate underwriting and credit analyses to mitigate risk.
  • Analyze financial data and collateral documentation to assess borrower's cash flow and repayment capability.
  • Prepare written reports and escalate significant findings to management.
  • Assist with special projects and perform additional duties as needed.
  • Identify and escalate risk-related issues in compliance with company risk and regulatory standards.

Benefits

  • Promotes a culture that supports belonging and reflects M&T Bank's brand.
  • Opportunities for career development and continuous performance improvement.
Full Job Description
Overview:

As part of the first line of defense, the Commercial Credit Quality Monitoring Officer independently performs assessments and monitoring of credit risk. This role has a strong understanding of credit policies, risk rating guidance, and procedures.

Primary Responsibilities:
  • Perform quality reviews on individual loans and targeted portfolios. Independently complete reviews and provide feedback in accordance with established operational procedures and timelines.
  • Review and validate the accuracy of individual risk ratings, completeness of the credit file, and/or adherence to policies for loans reviewed.
  • Ensure underwriting and credit analyses are sound and appropriately justify and/or mitigate credit risk.
  • Analyze and understand financial data, collateral documentation and other credit monitoring functions. This process includes analyzing financial data and collateral documentation to determine the borrower's cash flow and ability to repay debt and gauging the quality and collectability of collateral.
  • Prepare written documentation and/or reports and escalate material findings to the Commercial Credit Quality Monitoring Manager.
  • Assist with special projects as assigned and perform additional duties and responsibilities as required.
  • 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.
  • 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.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Complete other related duties as assigned.


Scope of Responsibilities:
  • The Commercial Credit Quality Monitoring team operates within the Commercial Credit organization (1st line of defense) to promote timely oversight of credit quality, continuous credit monitoring functions and risk mitigation across the commercial lending portfolio. This role is designed to strengthen credit disciple, enhances portfolio risk outcomes and influences a strong credit culture. The team partners directly with the Commercial Credit teams to enhance credit quality, strengthen controls and drive continuous improvement across the commercial lending lifecycle.


Managerial/Supervisory Responsibilities:

N/A

Education and Experience Required:
  • Bachelor's degree in Accounting, Finance, Economics or related field and 2 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis. In lieu of a degree, a combined minimum 6 years' higher education and work experience to include 2 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
  • Working knowledge of credit risk management techniques, credit regulatory guidance, and bank credit administration.
  • Ability to communicate effectively both in writing and verbally.
  • Experience with spreadsheet, word processing, presentation and database software.
  • Ability to multi-task and prioritize to complete work within established timeframes.


Education and Experience Preferred:

Experience with Capital IQ, FactSet, and Bloomberg

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $62,200.00 - $103,600.00 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

About M&T Bank Corporation

M&T Bank is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank. M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions, and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company or M&T Bank. M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB."

M&T Bank Corporation Careers

Join the vibrant team at M&T Bank Corporation, a leading financial institution where innovation meets tradition, offering a plethora of job opportunities across various sectors. As one of the most respected banks in the nation, M&T Bank Corporation is the perfect place to jumpstart or advance your career in the financial services industry.

Work You’ll Do

At M&T Bank Corporation, you will be part of a culture that cherishes diversity, leadership, and professional growth. Engage in work that makes a real difference in the community while fostering your career development through comprehensive training programs and diverse learning opportunities.

Innovate and Lead

Embrace the chance to work on projects that integrate cutting-edge financial technologies with robust, traditional banking practices. M&T Bank Corporation is at the forefront of the financial industry, offering innovative solutions that redefine banking standards. Our leadership in the market is driven by a commitment to excellence and continuous improvement.

Career Growth and Opportunities

Whether you are looking for an entry-level position or a more senior role, M&T Bank Corporation provides a dynamic pathway for career advancement. With a variety of job opportunities ranging from internships to full-time positions, you can find the perfect match for your skills and ambitions. Our team is dedicated to helping you navigate your career path with tailored development plans and leadership training.

Join Our Team

Explore job opportunities and join a team that values hard work, creativity, and strategic thinking. M&T Bank Corporation is hiring professionals who are passionate about finance and eager to contribute to a team-oriented environment. Enhance your skills through hands-on experience and ongoing professional development.

Networking and Professional Development

At M&T Bank Corporation, networking and professional development are part of our DNA. Connect with industry leaders, participate in high-impact networking events, and take advantage of our mentorship programs. Our employees benefit from a supportive network that boosts their career trajectories and fosters meaningful professional relationships.

Benefits and Culture

Enjoy a comprehensive benefits package that supports both your professional and personal life. M&T Bank Corporation offers competitive salaries, health benefits, and retirement plans designed to ensure the well-being of our team members and their families. Experience a supportive and inclusive culture where every employee is valued and given the opportunity to thrive.

How to Apply

Ready to take the next step in your career? Visit the M&T Bank Corporation Careers page to browse current openings, submit your resume, and prepare for your interview. We are excited to see how your skills and ideas can contribute to our continued growth and success.

Stay Connected

Keep up to date with the latest from M&T Bank Corporation by following our careers blog. Gain insights from our experts and stay informed about new job openings and upcoming networking events. Join M&T Bank Corporation today and be part of a team that is dedicated to growth, innovation, and leadership in the banking industry. Your future starts here!
Learn more about M&T Bank Corporation
Size
17,115 employees
Market Cap
$25.2 billion
Industry
Finance & Insurance
Net Income
$1.3 billion
Founded
1868
5 Year Trend
+0.2%
NASDAQ
MTB
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at M&T Bank Corporation

More Finance & Insurance Jobs

Find similar Commercial Credit Quality Monitoring Officer I jobs:

NationwideBuffalo, NY