Sr Credit Officer

M&T Bank
Georgetown, DE
Oct 12, 2017
Oct 16, 2017
Accountant, IT
Full Time
BASIC FUNCTION: 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. POSITION RESPONSIBILITIES: 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. 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. 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. NATURE AND SCOPE: 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. MANAGERIAL/SUPERVISORY RESPONSIBILITY: NoneMINIMUM QUALIFICATIONS REQUIRED: Bachelor's degree in business, economics, or mathematics and minimum of 10 years commercial lending experience including line customer contact responsibilities as RM and/or Unit Manager with credit decisioning OR in lieu of a degree, a combined minimum of higher education and/or work experience including 14 years commercial lending experience including line customer contact responsibilities as RM and/or Unit Manager with credit decisioning. 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 US 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. IDEAL QUALIFICATIONS PREFERRED: MBA or MS. 15 years credit decisioning role in business line supported. Knowledge of Bank's policies and regulatory environment. About M&T At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.Job Posting: Sep 29, 2017, 7:36:40 AM Unposting Date: Ongoing