Commercial Credit Senior Portfolio Manager I

M&T Bank; Pittsburgh (Allegheny County); On-site; USD 85,000 - 142,000; Full time

Job summary

A leading bank is seeking a Commercial Credit Portfolio Manager to oversee and assess credit risks for complex commercial loan portfolios. This role involves detailed financial analysis, coordination with various teams, and ensuring compliance with credit policies while maintaining high standards of accuracy and risk management.

Qualifications

• 5 years of experience in commercial credit or financial statement analysis.
• Strong analytical abilities and excellent communication skills.

Responsibilities

• Manage ongoing credit risk of loan portfolios through continuous monitoring.
• Analyze financial information to assess credit risks and compliance with loan agreements.
• Coordinate with Relationship Managers to track relevant credit information.

Skills

Analytical abilities

Communication skills

Education

Bachelor’s degree in Accounting, Finance, or Economics

Job description

Location: This position may be located in another commercial office location in PA or DE.

OVERVIEW

Monitor and assess the credit risks of larger, more complex commercial loan portfolios and higher dollar loans 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 so that appropriate actions can be taken to manage the risk, minimize losses, and assign an accurate risk rating. CCM includes annual reviews, PLRs, Guarantor Assessments, interim update memos, covenant monitoring, problem loan management, early warning indicators, and other credit surveillance activities.
2. Review all relevant credit and financial information, including financial statements, tax returns, due diligence reports, credit bureaus, 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. Assess risk based on emerging risks or material changes in the customer's financial position, including compliance with loan agreements. Provide an independent credit quality assessment with well-supported risk ratings, identifying credit risks and mitigants, industry concerns, market trends, and financial trends.
4. 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 credit approvals are obtained and documented, maintaining timely and accurate risk ratings.
5. Spread financial statements and prepare financial models to analyze various conditions impacting transactions. Prepare cash flow models, collateral schedules, covenant sensitivity calculations, and guarantor analysis as needed.
6. Monitor the credit performance of customer portfolios and escalate or remediate issues as appropriate.
7. Ensure timely completion of monitoring activities and compliance with credit policies by verifying adherence to the Commercial Credit Policy and evaluating risks associated with non-compliance.
8. Present analysis and address questions during credit discussions or presentations.
9. Participate in client calls with Relationship Managers to understand clients' businesses and assist in reviews, renewals, and ongoing monitoring.
10. Adhere to compliance and operational risk controls according to company and regulatory standards.
11. Maintain internal control standards, including timely implementation of audit points and addressing issues raised by external regulators.
12. Perform other related duties as assigned.

SCOPE

The Commercial Credit Portfolio Management Department oversees the ongoing monitoring of the bank’s commercial loans, ensuring timely, accurate credit risk ratings and compliance with policies and loan agreements.

This position interacts with Relationship Managers across the bank’s footprint and other internal personnel, typically managing portfolios of $30MM+ and working independently with limited supervision.

Potential for client interaction.

MANAGEMENT RESPONSIBILITIES

Contribute to the training of junior or newly hired Portfolio Managers.

EDUCATION AND EXPERIENCE REQUIRED

Bachelor’s degree in Accounting, Finance, Economics, or a related discipline, with 5 years of experience in commercial credit, public accounting, financial statement analysis, or related fields. Alternatively, a minimum of 9 years’ higher education and work experience, including 5 years in relevant financial analysis roles.

Excellent verbal and written communication skills.

Strong analytical abilities.

COMPENSATION

Pay range: $85,104.04 - $141,840.07 annually (USD). Compensation depends on the candidate’s knowledge, skills, and experience.

LOCATION

Pittsburgh, Pennsylvania, United States of America