Commercial Credit Senior Portfolio Manager I, Multiple locations available

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

Job summary

A leading bank seeks a Credit Risk Analyst to monitor and assess credit risks of complex commercial loan portfolios. The role involves financial analysis, client interaction, and compliance with credit policies. Candidates should have a strong analytical background and experience in commercial credit.

Qualifications

• 5 years' experience in commercial credit, financial statement analysis, or related areas.
• Excellent verbal and written communication skills.

Responsibilities

• Conduct continuous credit monitoring activities and annual reviews.
• Analyze financial statements and credit information.
• Coordinate between Relationship Managers and Underwriting Team.

Skills

Analytical Skills

Communication

Education

Bachelor's degree in Accounting, Finance, Economics

Job description

Location: This position may be located at the Radnor, Lancaster, Harrisburg, or Wilmington, DE location.

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 ongoing credit risk: Conduct continuous credit monitoring (CCM) activities, including annual reviews, interim update memos, covenant monitoring, problem loan management, early warning indicators, and other credit surveillance to identify emerging risks and take appropriate actions.
2. Review credit information: Analyze financial statements, tax returns, due diligence reports, credit bureaus, appraisals, industry research, and peer data to determine the need for further investigation.
3. Financial analysis: Complete ongoing credit monitoring, assess risk, evaluate compliance with loan agreements, and provide well-supported risk ratings, considering industry and market trends.
4. Client liaising: Coordinate between Relationship Managers and Underwriting Team for credit needs, document and track relevant information, and ensure timely credit approvals.
5. Financial modeling: Spread financial statements, prepare financial models, cash flow analyses, collateral schedules, and covenant sensitivity calculations.
6. Monitor portfolio: Oversee credit performance, escalate or remediate issues as needed, and ensure timely monitoring and compliance with credit policies.
7. Present analyses: Participate in credit discussions and address questions effectively.
8. Client interaction: Attend client calls with Relationship Managers to understand client businesses and support reviews and renewals.
9. Compliance: Adhere to all applicable risk controls, policies, and standards, including internal and external audits.
10. Team support: Promote a supportive environment and contribute to training junior staff.
11. Additional duties: Complete other related tasks as assigned.

SCOPE

The department manages the ongoing monitoring of the Bank’s commercial loans, typically over $30MM, ensuring accurate credit risk ratings and compliance. The position involves interaction with Relationship Managers and other personnel, working independently with limited supervision, with potential client interaction.

MANAGEMENT RESPONSIBILITIES

Contribute to the training of new Portfolio Managers.

EDUCATION AND EXPERIENCE REQUIRED

Bachelor’s degree in Accounting, Finance, Economics, or related field with 5 years' experience in commercial credit, financial statement analysis, or related areas, or a minimum of 9 years of combined higher education and relevant work experience, including 5 years in the field. Excellent verbal and written communication, and analytical skills are essential.

Compensation: The pay range is $93,614.36 - $156,023.93 (USD), based on experience and skills.