Collateral Analyst II (Open to Baltimore & Harrisburg, PA Locations)

M&T Bank Corporation; Baltimore (MD); On-site; USD 34,000 - 56,000; Full time

Job summary

M&T Bank Corporation in Baltimore, MD seeks a detail-oriented professional to analyze complex accounts receivable and assist with loan administration. You will verify aging data, determine collateral availability, and process line of credit requests while resolving discrepancies with customers.

The role requires a bachelor's or equivalent, strong math and accounting basics, and proficiency with MS Office; collaboration with loan examiners and portfolio managers is expected.

Qualifications

• Bachelor's degree or equivalent experience required.
• Minimum basic accounting knowledge.
• Strong math skills and proficiency with MS Office.

Responsibilities

• Analyze monthly accounts receivable aging to assess portfolio validity.
• Calculate ineligible figures from aging data and determine credit availability.
• Resolve discrepancies with customers and report status to management.
• Review clients' financial statements and assist renewal processes.
• Collaborate with loan examiners and loan administration; escalate risks.
• Identify deficiencies and report delinquent exceptions; uphold internal controls.

Skills

Strong math skills

Microsoft Office

Accounting basics

Education

Bachelor's degree or equivalent experience

Tools

Microsoft Excel

Microsoft Word

Outlook

Job description

Overview:For complex commercial relationships analyze, review and evaluate the validity, formula valuations, credit worthiness and collectability of accounts receivable to reduce risk of charge-offs and to correlate the findings and results with the customers eligibility to borrow. Assist Portfolio managers with loan administration and portfolio management responsibilitiesPrimary Responsibilities:Analyze, review and evaluate monthly customer accounts receivable aging’s to ascertain validity for portfolio of complex asset based and formula based lines of credit. Calculate ineligible figure utilizing aging information from customer. Calculate collateral availability and process line of credit requests accordingly. Work directly with customer to resolve discrepancies. Analyze and review credit information and report status to management. Analyze and review clients financial statements, reporting discrepancies. Assist Account Representatives in line of credit renewal process. Work directly with Loan Examiners and Loan Administration Department. Identify suspected deficiencies in field examinations, reporting deficiencies to management. Assist portfolio managers with loan administration and credit administration responsibilities. Report delinquent reporting exceptions.Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. 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 or equivalent experienceMinimum basic accounting.Strong math skills and proficient with Microsoft OfficeM&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $24.87 - $41.45 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBaltimore, Maryland, United States of America