Commercial Credit Portfolio Manager

M&T Bank; Harrisburg (Dauphin County); On-site; USD 60,000 - 102,000; Full time

Job summary

An established industry player is seeking a Commercial Credit Monitoring Analyst to oversee the credit risks of complex commercial loan portfolios. This role involves detailed financial analysis, ongoing credit monitoring, and collaboration with relationship managers to ensure accurate risk ratings. The ideal candidate will have a strong background in financial statement analysis and credit risk assessment, as well as excellent communication skills. Join this dynamic team and contribute to the financial integrity of a leading bank while enjoying a competitive salary and growth opportunities.

Qualifications

• 2 years of experience in commercial credit or financial analysis.
• Strong verbal and written communication skills required.

Responsibilities

• Manage ongoing credit risk of loan portfolios through continuous monitoring.
• Analyze financial information for credit assessments and risk identification.
• Collaborate with relationship managers to maintain accurate risk ratings.

Skills

Financial Statement Analysis

Credit Risk Assessment

Analytical Abilities

Communication Skills

Industry Research

Education

Bachelor’s degree in Accounting

Bachelor’s degree in Finance

Bachelor’s degree in Economics

Job description

OVERVIEW

Monitor and assess the credit risks of complex commercial loan portfolios and higher dollar loans (typically $10MM and greater) through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis, and the ability to repay annual debt service.

RESPONSIBILITIES

1. Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities, enabling the timely identification of emerging credit risks to take appropriate actions to manage risk, minimize losses, and assign accurate risk ratings. CCM activities include, but are not limited to, annual reviews (PLRs and Guarantor Assessments), interim update memos, covenant monitoring, problem loan management, early warning indicators, and other credit surveillance methods.
2. Review all relevant credit and financial information, such as financial statements, tax returns, due diligence reports, credit bureau reports, appraisals, internal credit data, industry research, and peer data. Determine if further investigation or additional information is needed.
3. Analyze financial information and related materials to complete ongoing credit monitoring for the bank’s commercial transactions. Conduct risk assessments focusing on identifying emerging risks or material changes in the customer's financial position, including compliance with loan agreements. Provide written analyses with independent credit quality assessments, well-supported risk ratings, identification of credit risks and mitigants, industry concerns, market trends, financial trends, and other relevant credit issues.
4. Collaborate proactively with relationship managers and the underwriting team to maintain timely and accurate risk ratings for a portfolio of commercial credits.
5. Distribute financial statements and prepare financial models to assess various conditions impacting transactions. Prepare cash flow analyses, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analyses as needed.
6. Monitor the credit performance of customer portfolios and escalate or remediate issues as appropriate.
7. Ensure the timeliness of monitoring activities and compliance with credit policies by verifying adherence and commenting on any risks associated with non-compliance.
8. Present analyses or respond to questions during credit discussions or presentations.
9. Adhere to applicable compliance and operational risk controls in accordance with company and regulatory standards and policies.
10. Maintain internal control standards, including timely implementation of audit points and addressing issues raised by external regulators.
11. Perform other related duties as assigned.

    SCOPE

    The Commercial Credit Portfolio Management Department is responsible for the ongoing monitoring of the bank’s commercial loans to ensure timely and accurate credit risk ratings and compliance with credit policies and loan agreements.

    The Commercial Credit Monitoring Analyst interacts with Relationship Managers across the bank’s footprint and other internal personnel, typically monitoring loans of $10-30MM.

    Works independently under limited supervision.

    Potential for client interaction.

    EDUCATION AND EXPERIENCE REQUIRED

    Bachelor’s degree in Accounting, Finance, Economics, or a related field with 2 years of experience in commercial credit, public accounting, financial statement analysis, or related financial analysis, or a minimum of 6 years of higher education and work experience including 2 years in similar roles.

    Strong verbal and written communication skills.

    Strong analytical abilities.

    ADDITIONAL INFORMATION

    M&T Bank offers a competitive pay range of $60,890.34 - $101,483.90 annually. Compensation depends on the candidate’s knowledge, skills, and experience.

    Location: Harrisburg, Pennsylvania, United States of America