Equipment Finance Lead Credit Underwriter

M&T Bank; Charlotte (NC); On-site; USD 85,000 - 142,000; Full time

Job summary

A leading bank in Charlotte is seeking a Credit Analyst to evaluate and manage credit risks for large equipment finance loans. The role involves detailed financial analysis, compliance monitoring, and providing guidance to junior analysts. The successful candidate will have strong analytical skills and a Bachelor's degree, with a competitive salary range based on experience.

Qualifications

• Minimum 5 years related work experience or 9 years higher education/work experience.
• Proficiency with personal computers and software programs.

Responsibilities

• Evaluate credit risks of large loan and lease customers through financial analysis.
• Prepare summaries and risk ratings for credit requests.
• Monitor compliance with credit policy.

Skills

Analytical Skills

Communication

Education

Bachelor’s Degree

Tools

Credit Training

Job description

This position is onsite, five days a week Overview:

Assists management in the supervision of less experienced staff. Evaluates and determines the credit risks of largest dollar amount MTEFC (M&T Equipment Finance Corporation) loan and lease customers through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis, and ability to repay annual debt service.

Primary Responsibilities:

Review and analyze all pertinent credit and financial information for MTEFC (M&T Equipment Finance Corporation) loan and lease customers seeking largest and/or most complex equipment finance loans and leases. Make decisions on loan and lease requests within assigned authority.

Determine the need for more thorough investigation or additional information from Sales or the customer.

Based on analyses, prepare summary, present facts, and offer opinions concerning creditworthiness of the customer following prescribed procedures. Assign an overall risk rating to the credit request.

Assist in monitoring compliance to credit policy; comment on risks associated with non-compliance and inform management.

Develop credit analyses for use by lenders in making lending decisions on new credit approvals and renewals.

Provide guidance, training, and assistance to less experienced analysts; provide assistance to management.

Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.

Promote an environment that supports belonging and reflects the M&T Bank brand.

Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.

Complete other related duties as assigned.

Scope of Responsibilities: Supervisory/Managerial Responsibilities:

Not Applicable

Education and Experience Required:

Bachelor’s degree and a minimum of 5 years’ related work experience, or in lieu of a degree, a combined minimum of 9 years’ higher education and/or work experience, including a minimum of 5 years’ related work experience

Proficiency with personal computers as well as pertinent software programs

Strong analytical skills

Education and Experience Preferred:

Credit training

Strong verbal and written communication skills

Familiarity with pertinent Bank systems

Proficient in MTEFC Credit Analyst I and II level jobs

Physical Requirements:

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M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,104.04 - $141,840.07 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Charlotte, North Carolina, United States of America