M&T Bank - Buffalo, NY

posted 5 months ago

Full-time - Manager
Buffalo, NY
1,001-5,000 employees
Credit Intermediation and Related Activities

About the position

The Commercial Credit District Manager - Underwriting - C&I at M&T Bank is a pivotal role responsible for overseeing the quality and efficiency of commercial loan underwriting analyses across multiple teams. This position requires daily interaction with senior management from the Credit, Business Banking, and Commercial Banking Divisions, focusing on the approval and underwriting of significant commercial loan requests. The manager will lead a team that collaborates closely with sales and monitoring teams throughout the deal process, from initial screening to final approval, ensuring that credit structures are appropriate and aligned with the bank's policies. In this role, the manager will ensure that analyses provide an independent assessment of credit quality for the bank's largest commercial clients, identifying potential credit risks, industry concerns, market trends, and financial trends. The responsibilities include overseeing the quality, efficiency, and timeliness of underwriting processes, reviewing deal structures, approving term sheets, and ensuring compliance with credit policies and bank procedures. The manager will also provide guidance and support for complex credit relationships, fostering collaboration between underwriters, monitoring teams, and relationship managers. The position involves meeting with bank clients and prospects as necessary, acting as a liaison between various teams, and promoting a collaborative team culture. The manager will be responsible for the deployment and utilization of underwriters, prioritizing workflow, and ensuring adherence to credit policies. Additionally, the role includes managerial responsibilities such as staffing, performance appraisals, promotions, and compliance with operational risk controls. The successful candidate will play a crucial role in enhancing the efficiency of the commercial loan approval process, contributing to the bank's loan growth objectives while maintaining conservative underwriting standards.

Responsibilities

  • Lead a team that partners proactively with sales and monitoring teams throughout the deal process.
  • Ensure independent credit quality assessments of the Bank's largest commercial clients, identifying credit risks and mitigants.
  • Oversee the quality, efficiency, and timeliness of underwriting for multiple teams, including review of deal structures and approval of term sheets.
  • Provide guidance and leadership regarding complex credit relationships, fostering partnerships between underwriters and relationship managers.
  • Meet with bank clients and prospects as appropriate to discuss credit matters.
  • Act as a liaison between Credit Underwriting, Credit Monitoring, and the sales team.
  • Promote a collaborative team culture and direct training and employee development initiatives.
  • Manage the deployment and utilization of underwriters across teams, prioritizing workflow.
  • Ensure adherence to credit policy and compliance with operational risk controls.
  • Exercise managerial authority concerning staffing, performance appraisals, and terminations.

Requirements

  • Bachelor's degree and 10 years of relevant experience with 3 years of managerial experience, or a combined minimum of 14 years of education and relevant experience with 3 years of managerial experience.
  • Expertise in commercial credit analysis and underwriting.
  • Thorough understanding of commercial credit policy and credit culture.

Nice-to-haves

  • MBA or advanced degree
  • CPA license

Benefits

  • Competitive salary range of $140,621.49 - $234,369.15 annually
  • Opportunities for professional development and training
  • Comprehensive health insurance
  • 401(k) retirement plan with company matching
  • Paid time off and holidays
  • Employee discounts and wellness programs
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