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

M&T Bank; Baltimore (MD); On-site; USD 34,000 - 57,000; Full time

Job summary

M&T Bank is seeking a professional to analyze, review and evaluate monthly customer accounts receivable aging to establish validity for a portfolio of complex asset-based and formula-based lines of credit. You will calculate collateral availability and process line of credit requests, and work directly with customers to resolve discrepancies.

Required: Bachelor's or equivalent experience, basic accounting knowledge, and strong math skills with proficiency in Microsoft Office.

Qualifications

• Bachelor's or equivalent experience is required.
• Basic accounting knowledge is required.
• Strong math skills and proficiency with Microsoft Office are required.

Responsibilities

• Analyze monthly AR aging to ascertain validity for complex credit lines.
• Calculate collateral availability and process line of credit requests.
• Collaborate with customers and loan teams to resolve discrepancies and report to management.

Skills

Strong math skills

Education

Bachelor's or equivalent experience

Basic accounting knowledge

Tools

Microsoft Office

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 responsibilities

Primary 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 experience

Minimum basic accounting.

Strong math skills and proficient with Microsoft Office

M&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.

Location

Baltimore, Maryland, United States of America