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Business Banking Sr Underwriter I - 3DJ9R in Buffalo, NY at M&T Bank

Date Posted: 7/2/2018

Job Snapshot

Job Description

At M&T, we understand what's important when you're considering a career
change: a company with a solid history of responsible growth and
positive earnings. A company committed to the communities it serves.
One that rewards performance and provides employees with opportunities
to direct their own career paths. A company with a focus on the
future.
Basic Function
Evaluate commercial loan applications received from the Business
Banking sales team. Adjudicate new and/or annual review credit requests
with group credits up to $500,000 using individual lending authority.
Responsibilities
Evaluate commercial loan applications received from Branch and Business
Banking relationship managers. Credit facilities include secured and
unsecured term loans, commercial mortgages, lines of credit, letters of
credit, corporate cards and Tier II guidance lines.
Analyze each loan applicant’s financial condition, cash flow and credit
history in order to make an appropriate lending decision within the
individual lending authority. This position holds a lending authority
of $500,000.
Exercise sound judgment and understanding of credit policy, as well as
the Business Banking credit philosophy when rendering a decision.
Prepare cash flow analysis of the business and personal guarantors
using financial statements.
Provide financing structures up to $500,000 to the Bank’s customers and
prospects that mitigate risk, while allowing the Bank to win additional
business.
Effectively address risk on existing customer relationships by properly
restructuring credit, when appropriate.
Incumbent must have the ability to recognize warning signs of troubled
credits, and take the necessary action to minimize losses.
Establish collaborative partnerships with sales team, including, when
appropriate, participation in customer calls.
An understanding of governmental loan programs (SBA lending) is
required.
Present loan requests to senior credit officers or management for
decisions when appropriate.
Nature and Scope
Incumbent is to ensure credit requests are underwritten in accordance
with Bank policy and Business Banking underwriting guidelines in a
timely manner.
Work closely with the sales to team to understand the borrower’s
business model and identify specific loan purpose.
Provide appropriate financing structures that mitigate risk, while
allowing the Bank to win additional business.
Incumbent must have the ability to effectively communicate the
rationale for a loan decision to the sales team in a diplomatic and
professional manner. In addition, incumbent must have the ability to
judgmentally decision complex loan requests, with significant latitude
to determine structure, terms and loan conditions for a lending
relationship. Furthermore, the incumbent must be able to identify
industry risks for the bank’s customers across numerous business
segments and structure the loan relationship appropriately based on
that risk.
Provide training to new Business Credit Center team members, as well as
to the Business Banking and Branch sales teams.

May supervise a group of junior Underwriters.


Basic Qualifications
Bachelors in related field or in lieu of a degree, equivalent years
experience in a related field.
Minimum of 5 years previous commercial or business lending experience
required.
Ability to analyze and understand financial statements, business and
personal tax returns, as well as credit reports.
Ability to properly calculate business and personal cash flow to
determine the ability to service debt.
Formal bank credit training.
Working knowledge of Microsoft Excel and Word.
Strong analytical skills. Self-motivated, well organized. Excellent
verbal and written communication skills. Strong negotiation skills.
Ability to work under tight time constraints, in a high volume
environment.
Consistently maintain a high level of professionalism and service level
when working with the sales team.
Must be able to make timely decisions, even with imperfect information.
Ideal Qualifications
MBA Preferred.
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.