Commercial Portfolio Manager 1 (CRE - NJ)
Company: M&T Bank
Location: Paramus
Posted on: June 25, 2022
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Job Description:
**Overview:**Provide direct support to Relationship Manager,
Group Manager and Senior Credit Officer with respect to portfolio
management of customer relationships, with an emphasis on
compliance, continuous monitoring and assisting with documentation
of credit needs for new and existing customers within the
Commercial Loan Portfolio.**Primary Responsibilities:**+ Liaison
between Commercial Banking Relationship Managers and the Credit
Division (Loan Analysis or Credit Shared Services) for facilitating
credit needs of customers, whether through new requests,
modifications or annual reviews / renewals. Includes documenting
and tracking of relevant information, reports and memos to ensure
necessary credit approvals are obtained, documented and adhered to
from fulfillment through closing and maintenance.+ Attend client /
prospect calls with RMs in order to gain a thorough understanding
of the client / prospect and their business in order to effectively
assist in annual reviews, renewals and prospect conversions.+
Support underwriting efforts by completing due diligence on
prospects or customers as may be required and coordinate such work
with Credit Division and Relationship Managers.+ Analyze financial
information under direction of Relationship Manager or Group
Manager.+ Assists in preparing cash flow and collateral schedules,
covenant sensitivity calculations, financial models and guarantor
statement analysis.+ Monitor credit performance of customer
portfolios and alert personnel to changes that may require action
to ensure risk mitigation in order to minimize potential losses.+
Support Relationship Managers in related portfolio management
activities, whether related to credit, depository or other banking
services. Perform other related duties and special projects as
requested by management.+ Perform other related duties and special
projects as requested by management, which could include managing a
limited number of customer relationships, performing the functions
of a Relationship Manager in oversight of these customers, whether
in identifying and providing product solutions, or in ongoing
servicing of the account relationships.+ 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 Bank brand.+ Maintain M
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 works
under general supervision and will work very closely with Group
Manager, Senior Credit Officer and RM in all aspects of the loan
process.Impact extends to Bank's long-term operations, revenues and
profitability.**Supervisory/ Managerial Responsibilities:**Not
Applicable.**Education and Experience Required:**Bachelor's degree
in Accounting/Finance or related discipline with a minimum of 2
years Accounting, Finance, or Credit professional work experienceor
in lieu of a degree,a combined minimum of 6 years higher education
and/or relevant work experience to include a minimum of 2 years
Accounting, Finance, or Credit professional work
experience.Excellent analytical capability.Knowledge of credit
principles.Highly motivated, detail-oriented self-starter.Excellent
communication and organization skills.Ability to interact with
external and internal personnel using tact and diplomacy.Ability to
work under critical time constraints.**Education and Experience
Preferred:**Commercial lending experience.Solid knowledge of
personal computers.Thorough knowledge of various software programs
Word, Excel and other departmental software.**Location**Paramus,
New Jersey, United States of AmericaM Bank Corporation is an Equal
Opportunity/Affirmative Action Employer, including disabilities and
veterans.
Keywords: M&T Bank, Paterson , Commercial Portfolio Manager 1 (CRE - NJ), Executive , Paramus, New Jersey
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