Evaluate and determine the credit risks of commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.POSITION RESPONSIBILITIES:
Review all pertinent credit and financial information, including, but not limited to, financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research and peer data.
Determine the need for more thorough investigation or additional information, and coordinate gathering of such information.
Spread financial statements and prepare advanced financial models designed to sensitize various conditions impacting the proposed transaction.
Analyze financial information and related materials, and complete the credit analyses for the Bank's commercial transactions. Analyses to include risk rating of credit and compilation of accurate PD rationales. Written analyses to include well-supported identification of and description of risks and mitigants of respective deals.
Present analysis or address questions during credit request discussions or committee presentations, as requested.
As requested, participate in the structuring of loan requests, where appropriate, to include suggestions on terms, conditions, controls, collateral and guarantors.
Monitor credit policy compliance by verifying adherence to the Commercial Credit Policy, and commenting on any risk associated with non-compliance.
Responsible for the training of junior/newly hired Credit Analysts.
Maintain an in-depth knowledge of accounting pronouncements and other financial analysis-related topics.
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
Promote an environment that supports diversity 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 and participate in various Loan Analysis Departmental projects.NATURE AND SCOPE:
Incumbent primarily works on credit approvals involving complex loan analysis involving credits greater than $10MM.
The incumbent works under limited supervision.
The position interacts with commercial banking relationship managers, senior managers, credit officers, risk management personnel, and other internal personnel throughout the Bank's footprint, as well as external due diligence vendors, clients, attorneys, private equity sponsors, and related parties.MANAGERIAL/SUPERVISORY RESPONSIBILITY:
Ability to assist in the management of the department in the Manager's absence.MINIMUM QUALIFICATIONS REQUIRED:
Bachelor's degree in Accounting, Finance or related field, OR in lieu of a degree, a combined minimum of 9 years higher education and/or work experience, including a minimum 5 prior years' experience in complex credit underwriting, specialty underwriting or other complex financial analysis role.
Minimum 5 years' prior experience in complex credit underwriting, specialty underwriting or other complex financial analysis role
Thorough understanding of the following critical analysis-related factors: complex credit, transaction and capital structures; complex organizational structures; most forms and constructs of loan documentation; advanced accounting and applied finance; most major industry and business operating models and applicable analysis approaches; and collateral types and collateral assessment methodologies.
Displays deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions.
In-depth knowledge of personal computers and related software programs, including Moody's Risk Analyst, Microsoft Office suite, with excellent Excel and Word skills required, including excellent financial modeling proficiency.IDEAL QUALIFICATIONS PREFERRED:
MBA or CPA
CFA or CFA candidate
Exhibits expert analysis and relevant topical knowledge when interacting with peers, relationship manager, senior managers across departments and deal teams.
Can interact with clients and outside parties directly and effectively in a professional manner in discussing difficult or complex matters.
Independently stays abreast of industry, accounting, finance and other relevant information related to the types of credits and borrowers frequently underwritten.
Ability to construct concise, persuasive verbal and written analytical summations.
Team player with strong collaboration skills.PHYSICAL REQUIREMENTS:
We encourage candidates with relevant military experience to apply.
Financial Statement Analysis