- Decision credit requests using designated approval authority, including new business, renewals, amendments, waivers, and modifications for supported business lines.
- Review early stage business opportunities for prospects or for existing clients, providing insights as to risks, factors to be considered, additional information needed for decisioning, structuring changes, creative solutions, etc.
- Ensure appropriate product/industry specialties are involved as a means of promoting sound underwriting.
- Participate in weekly Manager's Loan Committee as permanent voting member. Alternate committee chair responsibilities.
- Review deteriorating credit situations with the objective of shoring up the Bank's position while providing the client with flexibility to resolve its problems. Participate in quarterly problem loan management meetings.
- Review daily overdraft reports, monthly past due credits, credit downgrades/upgrades, asset based field exam results, and all other administrative reporting to ensure that credits are being managed within Bank risk appetite.
- Provide mentoring, coaching, and overall leadership to line lenders supported.
- May exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
- Participate in committees that enhance the development of the Bank's risk management infrastructure.
- 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.
-
Senior Credit Officer
3 weeks ago
M&T Bank Boston, United StatesOverview: · Ensure that the quality of the Bank's commercial portfolio, existing business and new opportunities in the business segments supported reflect the Bank's credit culture and meet minimum returns needed. · Primary Responsibilities: · * Decision credit requests using des ...
-
Bank of America Corporation Boston, United States OTHERJob Description: · At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. ...
-
Sr. Credit Officer
5 days ago
BritePros Medical Staffing Boston, United StatesSr. Credit Officer – To $170K – Boston, MA – Job # 3191 · Who We Are · The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value proposition centers around providing the very best available banking and accounti ...
-
Bank of America Boston, United StatesLeasing Credit Sr. Officer/Leasing Credit Officer II · Chicago, Illinois;Boston, Massachusetts; Providence, Rhode Island · Job Description: · At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsib ...
-
Bank of America Boston, United StatesLeasing Credit Sr. Officer/Leasing Credit Officer II · Chicago, Illinois;Boston, Massachusetts; Providence, Rhode Island · **Job Description:** · At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Re ...
-
Leasing Credit Sr. Officer
2 weeks ago
Bank of America Boston, United StatesLeasing Credit Sr. Officer - Syndicated Portfolio Management Officer · Boston, Massachusetts;Chicago, Illinois; Providence, Rhode Island; Charlotte, North Carolina · **Job Description:** · At Bank of America, we are guided by a common purpose to help make financial lives bette ...
-
Dental Hygienist
5 days ago
42 NORTH DENTAL LLC Boston, United States PermanentOverview · 42 North Dental is hiring a part-time dental hygienist at our Great Hill Dental practice in Boston, MA · Schedule: Saturdays 8 AM to 2 PM. · Join a leading dental support organization (DSO) with a patient-focused and doctor-led culture. · We're a rapidly growing DSO th ...
-
Millar Associates Boston, United StatesLarge Credit Hedge Fund · Real Estate Debt Instruments, Bank debt, Bonds, Equity, & Derivatives · This truly outstanding alternative asset manager has nearly $80 billion across a range of Structured Credit, CLOs, Loans, High Yield, etc., now seeks to hire an experienced to hire a ...
-
Associate, Capital Markets
4 weeks ago
G2 Capital Advisors Boston, United StatesG2 Capital Advisors ) is a multi-product and sector-focused investment bank and restructuring firm. G2 was formed on the premise that lower middle market advisory firms could do more to help clients navigate operational or financial challenges and the complexity of M&A or capital ...
-
Office Administrator
1 week ago
Phaidon International Boston, United StatesWe are currently expanding our Operations Team and seeking a Diligent Operations Assistant (Office Administrator) with a strong customer service focus to be located in our fast-growing office in Boston (The John Hancock Tower). · Primary Duties & Responsibilities · Act as the fir ...
-
Accounts Receivable Clerk
1 week ago
Coravin Boston, United StatesThe Company · Coravin is a global wine technology company and world leader in wine preservation. Our award-winning systems enable wine lovers everywhere to pour any wine, at any time, in any measure and preserve the life of their bottles for weeks, months, or even years. · Availa ...
-
Cooperative Credit Union Association Inc Boston, United States**BSA Manager, City of Boston Credit Union, Boston, MA** · City of Boston Credit Union is seeking to hire a Bank Secrecy Act (BSA) Manger to oversee the daily operations of the Credit Unions Bank Secrecy Act and Anti-Money Laundering (BSA/AML) compliance program. The BSA Manager ...
-
Controller
1 week ago
JSpire Recruiting Boston, United StatesThe City of Boston Credit Union is seeking a hands-on and experienced Controller to provide management and direction to the Accounting and Finance divisions. · Reporting to the Chief Financial Officer, the Controller will assist the department in all accounting and deposit opera ...
-
Credit Risk Controls Manager
2 days ago
Northeast Bancorp Boston, United StatesNortheast Bank is a full-service community bank and a national commercial real estate lender with offices in Maine, Massachusetts, New York, and California. We are looking for motivated and talented individuals who want to make an impact in a growing company that cares about its ...
-
Credit Risk Controls Manager
4 weeks ago
Northeast Bancorp Boston, United StatesJob Description · Job Description · Northeast Bank is a full-service community bank and a national commercial real estate lender with offices in Maine, Massachusetts, New York, and California. We are looking for motivated and talented individuals who want to make an impact in a ...
-
College Registrar
2 weeks ago
Fisher College Boston, United StatesJob Details · Level: Management · Job Location: Boston - Boston, MA · Position Type: Full Time · Education Level: Graduate Degree · Salary Range: Undisclosed · Job Category: Education · The Opportunity · Fisher College seeks an experienced College Registrar to direct and coordina ...
-
Commercial Banking Middle Market Underwriting
2 weeks ago
Santander Bank Boston, United StatesApply Req ID: Req Date posted 05/02/2024 · Commercial Banking Middle Market Underwriting & Portfolio Management Regional Manager · Boston, United States of America · Job Description: · Manages a team of underwriters. Reviews, analyzes and evaluates risks in order to renew exi ...
-
Millar Associates Boston, United StatesLarge Credit Hedge Fund · Real Estate Debt Instruments, Bank debt, Bonds, Equity, & Derivatives · This truly outstanding alternative asset manager has nearly $80 billion across a range of Structured Credit, CLOs, Loans, High Yield, etc., now seeks to hire an experienced to hire a ...
-
Associate/Senior Associate, Corporate Actions
2 weeks ago
Bain Capital Public Equity, L.P. Boston, United StatesBAIN CAPITAL CREDIT OVERVIEW · Bain Capital Credit founded as Sankaty Advisors in 1998, is a leading global credit specialist with approximately $57 billion in assets under management. Bain Capital Credit invests up and down the capital structure and across the spectrum of credit ...
-
Bain Capital Boston, United StatesBAIN CAPITAL OVERVIEW · Bain Capital, LP is one of the world's leading private multi-asset alternative investment firms with over $180 billion of assets under management that creates lasting impact for our investors, teams, businesses, and communities in which we live. Since our ...
Senior Credit Officer - Boston, United States - M&T Bank
Description
Overview:
Ensure that the quality of the Bank's commercial portfolio, existing business and new opportunities in the business segments supported reflect the Bank's credit culture and meet minimum returns needed.
Primary Responsibilities:
Scope of Responsibilities:
The business segments served primarily focus on large dollar exposures: Corporate, Commercial Real Estate, Asset Based, Healthcare, Not for Profit, Trade Finance, Leasing, and Private Banking.
Considering that lending areas and credit work as a team to build long-standing, profitable relationships, credit's role is to provide timely decisioning and creative solutions to commercial business opportunities/problems - from decisioning loan requests, covenant modifications, overdrafts, and credit proposals, to identifying problem credit situations.
The impact and scope of these activities impacts all of the business areas supported, the development of broader relationships with clients, and directly impacts the profitability of the Bank.
Supervisory/ Managerial Responsibilities:
May manage a small team of credit officers.
Education and Experience Required:
Bachelor's degree in business, economics, or mathematics and minimum of 10 years commercial credit and/or lending experience
OR in lieu of a degree,
a combined minimum of higher education and/or work experience including 14 years commercial credit and/or lending experience.
Proficiency with personal computers-word processing, spreadsheet and email software.
Strong interpersonal skills.
Ability to provide leadership in a consensus driven environment.
Knowledge of industries and businesses served, and need to stay continually informed about U.S. and global business trends, other corporations' competing products, etc. in order to better assess risks and opportunities.
Ability to define creative solutions relative to credit structures and opportunities.
Education and Experience Preferred:
MBA or MS.
15 years credit decisioning role in business line supported.
Knowledge of Bank's policies and government relations.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $187, $312,648.12 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Boston, Massachusetts, United States of America
#J-18808-Ljbffr
