Commercial Credit Associate, Commercial Real Estate

Location: Hybrid position in Pittsburgh, Pennsylvania, United States of America.

Salary: $85,800.00–$143,000.00 annual USD.

Company

M&T Bank provides commercial banking and credit services, including lending and ongoing portfolio risk management.

What you will do

• Underwrite new commercial credit requests, material modifications, restructurings, and renewals from deal screening through approval and throughout the life of the loan.
• Monitor existing commercial credit portfolios through annual reviews, interim updates, covenant monitoring, problem-loan management, early-warning indicators, and other credit surveillance activities.
• Review financial statements, tax returns, due diligence reports, credit bureaus, appraisals, internal credit information, industry research, and peer data.
• Prepare credit analyses, risk ratings, cash-flow and collateral schedules, covenant sensitivity calculations, financial models, guarantor statement analyses, and financial statement spreads.
• Recommend transaction structures based on company, bank base-case, and downside-case scenarios; identify risks, mitigants, industry concerns, and market and financial trends.
• Partner with relationship managers, participate in client and prospect calls and credit committee discussions, support policy and regulatory compliance, identify issues requiring escalation, and help train junior or newly hired analysts.

Requirements

• Bachelor’s degree in Accounting, Finance, Economics, or a related field and at least 4 years of experience in commercial credit, public accounting, and financial statement analysis. In lieu of a degree, at least 8 combined years of higher education and work experience, including at least 4 years in commercial credit, public accounting, financial statement preparation and analysis, or other financial analysis.
• Strong verbal and written communication skills.
• Strong analytical skills, including proficiency in financial modeling and credit-metric analysis; ability to calculate and interpret financial ratios, analyze data, and complete trend analysis.
• Familiarity with legal documents and the ability to understand structural elements efficiently.
• Critical-thinking and problem-solving abilities, attention to detail, and a high level of accuracy.
• Strong organizational and time-management skills.
• Ability to work independently and as part of a team, lead a transaction execution team in partnership with a Commercial Credit Analyst, and work with limited supervision.
• Customer focus and strong interpersonal skills; customer interaction is expected.
• Proficiency with Microsoft Office.

Nice to have

• Experience with Capital IQ, FactSet, and Bloomberg.
• Experience with nCino.
• Experience with commercial real estate credits.

Culture & Benefits

• Hybrid work arrangement in Pittsburgh.
• Work supports belonging and reflects the M&T Bank brand.
• Responsibilities include maintaining internal control standards and implementing internal and external audit and regulatory findings.
• Compensation is market-informed and depends on the successful candidate’s knowledge, skills, and experience.