Commercial Credit Senior Portfolio Manager C&I II

M&T Bank; Hartford (CT); On-site; USD 110,000 - 185,000; Full time

Job summary

M&T Bank seeks a Portfolio Manager specializing in credit risk assessment for commercial clients. The role emphasizes independent execution of financial analyses, ongoing credit monitoring, and risk evaluation. Candidates should possess strong communication skills and significant experience in credit underwriting.

Qualifications

• 7 years in complex credit underwriting or financial analysis.
• Alternative: 11 years combined higher education and work experience.
• Skills in analytical assessment and compliance monitoring.

Responsibilities

• Manage credit risk of loan portfolios through ongoing monitoring.
• Analyze financial statements and assess compliance with loan agreements.
• Coordinate with Relationship Managers to facilitate credit needs.

Skills

Analytical abilities

Verbal communication

Written communication

Education

Bachelor’s degree in Accounting, Finance, or Economics

Job description

OVERVIEW

Evaluate and determine the credit risks of large, complex, and/or specialized C&I commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis, and assessment of the ability to repay annual debt service.

RESPONSIBILITIES

• Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities, enabling the timely identification of emerging credit risks. Take appropriate actions to manage risks, minimize losses, and assign accurate risk ratings. CCM activities include but are not limited to annual reviews (and PLRs and Guarantor Assessments), interim update memos, covenant monitoring, problem loan management, early warning indicators, and other credit surveillance methods.
• Review all relevant credit and financial information, including 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.
• Analyze financial information and related materials, and conduct ongoing credit monitoring for the bank’s commercial transactions. Assess risks continuously, focusing on emerging risks or significant changes in the customer’s financial position, including compliance with loan agreements. Provide independent credit quality assessments with well-supported risk ratings, identify credit risks and mitigants, industry concerns, market trends, and financial trends.
• Coordinate between Commercial Banking Relationship Managers and the Underwriting Team to facilitate credit needs, including new requests, modifications, or annual reviews/renewals. Document and track relevant information, reports, and memos to ensure timely credit approvals and adherence to policies from initiation through closing and ongoing maintenance.
• Spread financial statements and prepare financial models to analyze various conditions impacting transactions. Prepare cash flow analyses, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analyses as appropriate.
• Monitor the credit performance of customer portfolios and escalate or remediate issues as necessary.
• Ensure timely completion of monitoring activities and compliance with credit policies by verifying adherence and evaluating risks associated with non-compliance.
• Present analysis findings or address questions during credit discussions or presentations.
• Participate in client calls with Relationship Managers to understand client/business operations for effective reviews, renewals, and monitoring.
• Adhere to compliance and operational risk controls in line with company and regulatory standards.
• Maintain internal control standards, including timely implementation of audit points and addressing issues raised by regulators.
• Perform other duties as assigned.

SCOPE

The Commercial Credit Portfolio Management Department oversees the ongoing monitoring of the bank’s commercial loans to ensure accurate risk ratings and policy compliance.

This role involves interaction with Relationship Managers, Group Managers, and other personnel across the bank’s footprint, focusing on large, complex, or specialized loans.

Potential client interaction.

Works independently with minimal supervision.

MANAGEMENT RESPONSIBILITIES

Contribute to the training of junior or new Portfolio Managers.

EDUCATION AND EXPERIENCE

Bachelor’s degree in Accounting, Finance, Economics, or a related field, with 7 years of experience in complex credit underwriting or a related financial analysis role. Alternatively, a minimum of 11 years of combined higher education and work experience, including 7 years in complex credit underwriting or similar roles.

Excellent verbal and written communication skills.

Strong analytical abilities.

#LI-LA1

M&T Bank is committed to fair, competitive, and market-informed pay. The salary range for this position is $110,673.13 - $184,455.22 annually (USD). Compensation will be determined based on the candidate’s knowledge, skills, and experience.

Location: Hartford, Connecticut, United States of America