Business Banking Senior Underwriter I

Overview: 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. Primary 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 applicants financial condition, cash flow and credit history in order to make an appropriate lending decision within the individual lending authority. 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 Banks 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. Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies. Promote an environment that supports belonging 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. Scope of Responsibilities: 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 borrowers 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 banks 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. Education and Experience Required: Bachelors in related field or in lieu of a degree, equivalent in experience (# yrs of education = # yrs of work experience) in a related field. MBA Preferred. 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 credit training. Working knowledge of Microsoft Excel and Word. Ideal Qualifications Preferred Proficiency in commercial underwriting (nCino) and accounting systems preferred. Master of Business Administration (MBA). Strong ability to manage change and multiple priorities. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $74,600.00 - $124,400.00 Annual (USD). The successful candidates particular combination of knowledge, skills, and experience will inform their specific compensation. Location Buffalo, New York, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in peoples lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&Ts affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Banks traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communitiescombining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values integrity, ownership, collaboration, curiosity, and candor drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&Ts Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at careersitesupport@mtb.com for assistance. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace. Career Site Privacy Notice