• Equipment Finance Lead Credit Underwriter

    M&T Bank (Charlotte, NC)


    This position is onsite, five days a week

    Overview:

    Assists management in the supervision of less experienced staff. Evaluates and determines the credit risks of largest dollar amount MTEFC (M&T Equipment Finance Corporation) loan and lease customers through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis, and ability to repay annual debt service.

    Primary Responsibilities:

    Review and analyze all pertinent credit and financial information for MTEFC (M&T Equipment Finance Corporation) loan and lease customers seeking largest and/or most complex equipment finance loans and leases. Make decisions on loan and lease requests within assigned authority.

     

    Determine the need for more thorough investigation or additional information from Sales or the customer.

     

    Based on analyses, prepare summary, present facts, and offer opinions concerning creditworthiness of the customer following prescribed procedures. Assign an overall risk rating to the credit request.

     

    Assist in monitoring compliance to credit policy; comment on risks associated with non-compliance and inform management.

     

    Develop credit analyses for use by lenders in making lending decisions on new credit approvals and renewals.

     

    Provide guidance, training, and assistance to less experienced analysts; provide assistance to management.

     

    Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.

     

    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:

    Supervisory/Managerial Responsibilities:

    Not Applicable

    Education and Experience Required:

    Bachelor’s degree and a minimum of 5 years’ related work experience, or in lieu of a degree, a combined minimum of 9 years’ higher education and/or work experience, including a minimum of 5 years’ related work experience

     

    Proficiency with personal computers as well as pertinent software programs

     

    Strong analytical skills

    Education and Experience Preferred:

    Credit training

     

    Strong verbal and written communication skills

     

    Familiarity with pertinent Bank systems

     

    Proficient in MTEFC Credit Analyst I and II level jobs

    Physical Requirements:

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    M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,104.04 - $141,840.07 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

     

    Location

     

    Charlotte, North Carolina, United States of America

     

    M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.