Commercial Credit Senior Portfolio Manager I

M&T Bank; Rockville (MD); On-site; USD 98,000 - 165,000; Full time

Job summary

An established industry player is seeking a skilled Credit Risk Analyst to oversee complex commercial loan portfolios. In this pivotal role, you will monitor and assess credit risks through detailed financial analysis and industry assessments. Your expertise will enable timely identification of emerging risks, ensuring compliance with policies and loan agreements. You will work independently, collaborating with Relationship Managers and Underwriting Teams to facilitate credit needs and provide independent credit quality assessments. This position offers the opportunity to make a significant impact on the bank's commercial credit operations.

Qualifications

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

Responsibilities

• Manage ongoing credit risk of loan portfolios through continuous monitoring.
• Analyze financial information and assess compliance with loan agreements.
• Liaise between banking teams to facilitate credit needs and approvals.

Skills

Credit Risk Management

Financial Statement Analysis

Analytical Abilities

Communication Skills

Education

Bachelor's in Accounting

Bachelor's in Finance

Bachelor's in Economics

Job description

Locations available: Greater Washington DC & Northern Virginia (Rockville, MD; Timonium, MD; Columbia, MD; Tysons Corner, VA)

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.

RESPONSBILITIES

1. Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities, enabling the timely identification of emerging credit risk so that appropriate actions can be taken to manage the risk, minimize losses, and assign an accurate risk rating. The CCM program includes, but is not limited to, annual reviews (and PLRs and Guarantor Assessments), interim update memos, a covenant monitoring program, problem loan management, early warning indicators, and other credit surveillance methods.
2. Review all pertinent credit and financial information, including financial statements, tax returns, due diligence reports, credit bureau reports, appraisals, internal credit information, industry research, and peer data. Determine the need for further investigation or additional information.
3. Analyze financial information and related materials, completing ongoing credit monitoring for the Bank’s commercial transactions. Assess risk continuously, focusing on identifying emerging risks or material changes in customers’ financial positions, including evaluation of compliance with loan agreements. Provide independent credit quality assessments for existing loans with well-supported risk ratings, identify credit risks and mitigants, and review industry concerns, market trends, and financial trends.
4. Liaise between Commercial Banking Relationship Managers and the Underwriting Team to facilitate credit needs of customers, including new requests, modifications, or annual reviews/renewals. Document and track relevant information, reports, and memos to ensure necessary credit approvals are obtained, documented, and adhered to, from fulfillment through closing and ongoing maintenance.
5. 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 needed.
6. Monitor credit performance of customer portfolios and escalate or remediate issues as appropriate.
7. Ensure timely completion of monitoring activities and verify compliance with credit policies, evaluating risks associated with non-compliance.
8. Present analysis findings or address questions during credit discussions or presentations.
9. Participate in client calls with Relationship Managers to gain a thorough understanding of clients and prospects, aiding in annual reviews, renewals, and ongoing monitoring activities.
10. Adhere to applicable compliance and operational risk controls in accordance with company and regulatory standards.
11. Maintain internal control standards and ensure timely implementation of audit points and regulatory issues.
12. Complete other related duties as assigned.

SCOPE

The Commercial Credit Portfolio Management Department oversees the ongoing monitoring of the Bank’s commercial loans to ensure accurate credit risk ratings and compliance with policies and loan agreements.

This role interacts with Relationship Managers and other internal personnel on credit monitoring of portfolios typically exceeding $30MM. Works independently with limited supervision.

Potential for client interaction.

Works independently with limited supervision.

MANAGEMENT RESPONSIBILITIES

Input into training of junior or newly hired Portfolio Managers.

EDUCATION AND EXPERIENCE REQUIRED

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

Excellent verbal and written communication skills.

Strong analytical abilities.

COMPENSATION

M&T Bank offers fair, competitive, and market-informed pay. The salary range for this position is $98,720.40 - $164,534.00 annually (USD). Compensation will be tailored based on the candidate’s experience, skills, and knowledge.

LOCATION

Rockville, Maryland, United States of America