Commercial Credit Senior Portfolio Manager I

M&T Bank; Timonium (MD); On-site; USD 93,000 - 157,000; Full time

Job summary

An established industry player seeks a Credit Risk Analyst to oversee complex commercial loan portfolios. This role involves detailed financial analysis, risk assessment, and continuous monitoring of credit performance. You will collaborate with Relationship Managers and the Underwriting Team to ensure compliance and timely risk ratings. Ideal candidates will possess strong analytical and communication skills, along with a solid educational background in finance or accounting. Join a dynamic team where your expertise will directly impact the bank's commercial lending success.

Qualifications

• 5+ years of experience in commercial credit or financial analysis.
• Bachelor’s degree in Accounting, Finance, or related field.

Responsibilities

• Manage ongoing credit risk of existing loan portfolios through continuous monitoring.
• Analyze financial information to assess credit quality and emerging risks.

Skills

Financial Statement Analysis

Credit Risk Assessment

Analytical Skills

Communication Skills

Education

Bachelor's degree in Accounting, Finance, or Economics

5 years of experience in commercial credit

Job description

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

• 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. A 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 forms of credit surveillance.
• Review all pertinent credit and financial information, including financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data. Determine the need for further investigation or additional information.
• Analyze financial information and related materials to complete ongoing credit monitoring for the bank’s commercial transactions. Conduct risk assessments of customers on an ongoing basis, focusing on identifying emerging risks or material changes in the customer’s financial position, including evaluation of compliance with the loan agreement. Provide an independent credit quality assessment for existing loans with well-supported risk ratings, identification of credit risks and mitigants, industry concerns, market and financial trends, and other pertinent credit issues.
• Liaise between Commercial Banking Relationship Managers and the Underwriting Team to facilitate credit needs, whether through 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 to ensure timely and accurate risk ratings.
• Spread financial statements and prepare financial models to analyze various conditions impacting transactions. Prepare cash flow projections, collateral schedules, covenant sensitivity analyses, financial models, and guarantor statement analyses as appropriate.
• Monitor the credit performance of customer portfolios and escalate or remediate issues as needed.
• Ensure the timeliness of monitoring activities and compliance with credit policies by verifying adherence and evaluating risks associated with non-compliance.
• Present analysis or address questions during credit discussions or presentations.
• Participate in client calls with Relationship Managers to gain a thorough understanding of clients and prospects, supporting annual reviews, renewals, and ongoing monitoring activities.
• Adhere to applicable compliance and operational risk controls in accordance with company or regulatory standards and policies.
• Maintain internal control standards, including timely implementation of audit points and addressing issues raised by external regulators.
• Complete other duties as assigned.

SCOPE

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

This position interacts with Relationship Managers and other internal personnel, typically managing portfolios of $30MM or more, working independently with limited supervision.

Potential for direct client interaction.

MANAGEMENT RESPONSIBILITIES

Provide training to junior or newly hired Portfolio Managers.

EDUCATION AND EXPERIENCE REQUIRED

Bachelor’s degree in Accounting, Finance, Economics, or related discipline with 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 at least 5 years in commercial credit or financial analysis.

Excellent verbal and written communication skills.

Strong analytical skills.

Salary range: $93,614.36 - $156,023.93 annually (USD). Compensation depends on the candidate’s knowledge, skills, and experience.

Location: Timonium, Maryland, United States of America