- Facilitate the credit needs of customers by underwriting new requests and material modifications from deal screen through approval and for the life of the loan.
- Manage the ongoing credit risk of existing loan portfolios through continuous credit monitoring (CCM) activities enabling the timely identification of emerging credit risk 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 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.
- Analyze financial information and related materials and complete the credit analyses for the Bank's commercial transactions. Written analyses to include an independent credit quality assessment with well-supported risk rating, identification of and description of credit risks and mitigants, industry concerns, market trends, financial trends, and other pertinent credit issues of respective deals.
- Partner proactively with relationship managers and be intimately involved throughout the deal process, from deal screen through approval and for the life of the loan to maintain timely and accurate risk ratings for a portfolio of commercial credits.
- Spread financial statements and prepare financial models designed to sensitize various conditions impacting the proposed transaction. Prepare cash flow, collateral schedules, covenant sensitivity calculations, financial models, and guarantor statement analysis as appropriate.
- Attend client/prospect calls with RMs to gain a thorough understanding of the client/prospect and their business to effectively analyze and underwrite the proposed transaction. Based on underwriting parameters, recommend the risk rating.
- Prepare summary, present facts, and offers opinions concerning credit-worthiness.
- Assist in the structure of loan requests, where appropriate, to include suggestions on terms, conditions, controls, collateral, and guarantors.
- Displays deep understanding of financial regulatory environment as it applies to underwriting most forms of commercial credit transactions.
- Ensure credit policy compliance by verifying adherence of underwriting to the Commercial Credit Policy, and evaluating any risk associated with non-compliance
- Present analysis or address questions during credit request discussions or committee presentations.
- 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.
-
Development Manager
1 week ago
AMERICAN CANCER SOCIETY Hauppauge, United StatesThe people who work at the American Cancer Society focus their diverse talents on our lifesaving mission. It is a calling. And the people who answer it are fulfilled. · Provides event execution for either a large-scale premier event or a revenue portfolio driven by events and fun ...
-
Executive Assistant
2 days ago
IVCi Hauppauge, United StatesIVCI is a leader in the Unified Communications, Collaboration and Audio-Visual Integration industries. We provide solutions to corporate, educational, and government markets across the US and the world. Our services aim at achieving client goals by focusing on the desired end use ...
-
Telephone Enrollment Assistor
3 days ago
Healthcare Association of New York State Hauppauge, United StatesThis is a grant-funded position, with the possibility of renewal yearly. The salary range for this position is between $53,000.00 and $59,000.00 annually, · **Key responsibilities include but are not limited to**: · - Upon hire attend a mandatory company-paid 15-hour online certi ...
-
Entry/mid-level Design Assistant
3 days ago
GDS Architectural Signage Solutions Hauppauge, United States**Entry/Mid · - Level Designer - Architectural Signage (Hauppauge)** · **Us** : A leader in the architectural signage and environmental graphic design industry specializing in hospitals, universities, hotels and other large-scale facilities. We have a corporate office and other r ...
-
Human Resources Generalist
1 day ago
Spellman High Voltage Hauppauge, United States**About the Role** · The Human Resources Generalist is responsible for performing HR-related duties on a professional level and will work closely with other members of the HR team supporting the corporate objectives of the organization. Responsibilities include the following func ...
-
Stock Clerk
3 days ago
NARDA HOLDINGS INC Hauppauge, United States**$ $24.00 an hour** · - Narda-MITEQ is dedicated to recruiting and developing diverse, high-performing talent who are passionate about what they do. Our employees are unified in a shared dedication to our customers' mission and quest for professional growth. Narda-MITEQ provides ...
-
Packaging Supervisor
3 days ago
American Health Formulations Hauppauge, United States**Job Summary**: · We are seeking a highly skilled and experienced Packaging Supervisor to join our team. As a Packaging Supervisor, you will be responsible for overseeing the Manufacturing/Packaging Operations and must adhere to the Standard Operating Procedures (SOPs) and Good ...
-
Junior Project Manager
5 days ago
D3 LLC Hauppauge, United States**J**ob Duties: · B2D is a subsidiary of D3 LLC, a manufacturer of retail displays, including in-store furniture, cabinets, shelving, and digital displays for the Travel/Retail industry, Nordstrom's, Kohls/Sephora, and many luxury retailers. B2D specifically collects, sorts, and ...
-
Quality Reliability Manager
1 week ago
Sensitron Semiconductor Hauppauge, United States**Responsibilities**: · - Interface with Quality Assurance and Quality Control Personnel. · - Mentor junior and intermediate level Quality Engineers. Train as required. · - Calibrate with Design Engineers to Prepare (FMEA) failure mode and effect analysis to identify units posing ...
-
Front Desk Office Assistant
1 week ago
Above All Store Fronts, Inc. Hauppauge, United States**Job Title**: Front Desk Office Assistant · **Department**:Office Department · **Job Status**:Full-Time · **Working Hours**:Monday through Friday, 8:00 A.M. to 4:30 P.M. Occasional overtime may be required when approved in advance. · **Work Location**: Hauppauge Office · **FLSA ...
-
Production Supervisor
1 week ago
American Health Formulations Hauppauge, United States**Job Summary**: · We are seeking a highly skilled and experienced Production Supervisor to join our team. As a Production Supervisor, you will be responsible for overseeing the Manufacturing/Packaging Operations and must adhere to the Standard Operating Procedures (SOPs) and Goo ...
-
Customer Service Representative
2 days ago
ARKAY PACKAGING Hauppauge, United States**Objective**:Todevelop customer relationships to increase customer loyalty; interact with customers in an efficient and professional manner; ensure legendary customer experience with every contact. · **Essential Functions** · Reasonable accommodations may be made to enable indiv ...
-
Director Business Intelligence and Analytics
3 days ago
Teachers Federal Credit Union Hauppauge, United States**Join Our Team** · For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of America's Best-In-State Credit Unions by Forbes Magazine in 2022, Teachers has grown ...
-
Front Desk Supervisor
3 days ago
Remington Long Island Employers Hauppauge, United States**What you will be doing** · - Ensure proper staffing levels of front office associates, including interviewing, hiring, supervising, training and scheduling front desk agents, front office supervisors, guest service aides/bell staff, concierge staff and PBX operators. · - Have c ...
-
Warehouse Driver
1 week ago
Long Island Cares Hauppauge, United States**Job Summary**: · The warehouse driver operates our food bank vehicles and performs warehouse functions. · **Essential Functions**: · - Follow scheduled routes for pick-ups and deliveries. · - Load and unload products on trucks at pickup locations and warehouse. · - Efficiently ...
-
Clear Vision Optical Hauppauge, United States**Project Manager ERP Consultant · - TEMPORARY** · ClearVision Optical is looking for a remote temporary Project Manager to support the full life cycle of the brand-new implementation of an ERP program within the organization. · This individual will work with our high performing, ...
-
Food and Beverage Sales Associate
1 week ago
American Health Formulations Hauppauge, United States**Job description** · **The Role** · We are looking for an experienced Sales Associate to join MTC Industries, a fast-growing raw ingredients supplier in the Nutraceutical / Pharmaceutical / Food and Pet Food industry. Dual reporting to the VP of Sales and General Manager, this p ...
-
Assistant Wellness Director
1 week ago
The Arbors Assisted Living Hauppauge, United States**The Arbors Assisted Living is seeking a highly motivated, professional and compassionate individual to join our team in the capacity of Assistant Wellness Director. This individual must have a heart and compassion for seniors.** · - The Assistant Wellness Director is responsibl ...
-
Medication Coordinator
1 week ago
The Arbors Assisted Living Hauppauge, United States**The Arbors Assisted Living is seeking a highly motivated, professional and compassionate individual to join our team in the capacity of Medication Coordinator. This individual must have a heart and compassion for seniors.** · - The Medication Coordinator is responsible for assi ...
-
Production Line Operator
1 week ago
Premier Care Industries Hauppauge, United States_**Production Line Operator**_ · - **Responsibilities include, but are not limited to**:_ · - End to end responsibility of ensuring the smooth, safe and efficient operation of Production Lines · - Must be able to execute orders in compliance with quality standards established by ...
Commercial Credit Senior Underwriter/Portfolio Manager I, ABL - Hauppauge, United States - M&T Bank
Description
Overview:
Evaluate and determine, monitor, and assess the credit risks of larger, more complex commercial clients through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.
Primary Responsibilities:
Scope of Responsibilities:
The Commercial Credit Underwriting/Portfolio Management Department is responsible to provide an independent credit quality assessment of the Bank's commercial clients. These assessments range from initial analyses of new relationships to the Bank to material modifications or restructurings of long-term relationships and ongoing monitoring through the life of the loan. The Department also is responsible for ensuring the accurate completion of the Bank's risk rating scorecards and financial statement spreads. The work completed in this capacity is used to make new credit decisions.
The position interacts with commercial banking relationship managers throughout the bank's footprint as well as other internal personnel on credit approvals of $30+MM typically.
Works independently with limited supervision.
Customer interaction is expected.
Managerial/Supervisory Responsibilities:
Input into training of junior/newly hired Underwriters
Education and Experience Required:
Bachelor's degree in Accounting, Finance, Economics, or related field and 5 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis. In lieu of a degree, a combined minimum 9 years' higher education and work experience, to include 5 years' experience in commercial credit, public accounting, financial statement preparation/analysis or other financial analysis.
Excellent verbal and written communication skills.
Excellent analytical ability
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $103, $173, USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Hauppauge, New York, United States of America
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.
