Commercial Credit Analyst, Equipment Financing

M&T Bank; Irvine (CA); On-site; USD 48,000 - 80,000; Full time

Job summary

M&T Bank Irvine, CA is seeking a Credit Risk Analyst to evaluate and determine credit risk for equipment finance customers. You will analyze financial statements, industry data, collateral, and cash flows to assess ability to service debt and assign risk ratings.

In this role you will prepare concise analyses, collaborate with Sales for information, and ensure adherence to risk policies. On-site work is required five days a week in Irvine.

Qualifications

• Bachelor’s degree and a minimum of 2 years’ relevant work experience, or in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience
• Proficiency with personal computers as well as pertinent software programs
• Proven verbal and written communication skills
• Strong analytical skills

Responsibilities

• Review and analyze all credit and financial information for equipment finance loan/lease customers.
• Make decisions on loan/lease requests within assigned authority.
• Determine need for more information from Sales or customer.
• Prepare summaries, present facts, and offer opinions on creditworthiness.

Skills

Strong analytical skills

Verbal & written communication

PC and software proficiency

Education

Bachelor's degree or equivalent experience

Job description

Overview:

Evaluates and determines the credit risks of lower dollar amount MTEFC (M&T Equipment Finance Corporation) loan and lease customers through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis, and ability to repay annual debt service.

**** This position requires five days in the office*** *

Primary Responsibilities:

Review and analyze all pertinent credit and financial information for MTEFC customers seeking equipment finance loans and leases. Make decisions on loan and lease requests within assigned authority.

Determine the need for more thorough investigation or additional information from Sales or the customer.

Based on analyses, prepare summary, present facts, and offer opinions concerning creditworthiness of the customer following prescribed procedures. Assign an overall risk rating to the credit request.

Assist in monitoring compliance to credit policy; comment on risks associated with non-compliance and inform management.

Develop credit analyses for use by lenders in making lending decisions on new credit approvals and renewals.

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.

Scope of Responsibilities:

Supervisory/Managerial Responsibilities:

Not Applicable

Education and Experience Required:

Bachelor’s degree and a minimum of 2 years’ relevant work experience, or in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including a minimum of 2 years’ relevant work experience

Proficiency with personal computers as well as pertinent software programs

Education and Experience Preferred:

Proven verbal and written communication skills

Strong analytical skills

Physical Requirements:

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $34.68 - $57.80 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Irvine, California, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.