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Commercial Credit Associate
Commercial Real Estate
Location
Pittsburgh, Pennsylvania, United States
Work type
Hybrid
Employment
Full Time
Experience
4+ years
Compensation
$85.8K - $143K per year
Posted
3d ago
Summary and responsibilities
Role overview
Summary
The Commercial Credit Associate at M&T Bank is responsible for assessing and managing credit risk for commercial real estate clients. This role involves comprehensive financial analysis, loan portfolio monitoring, and ensuring compliance with credit policies, acting as a crucial link between relationship managers and credit risk management.
POSITION: Commercial Credit Associate - Commercial Real Estate
ORGANIZATION: M&T Bank
DEPARTMENT: Commercial Credit / Credit Risk Management
POSITION OVERVIEW
The Commercial Credit Associate assesses and manages credit risk for commercial real estate (CRE) clients throughout the credit lifecycle. Serving as a crucial link between Relationship Managers (RMs) and Credit Risk Management, the role underwrites new requests, evaluates loan modifications, performs continuous portfolio monitoring, and ensures full compliance with bank policies and regulatory standards.
PRIMARY RESPONSIBILITIES
Underwriting & Transaction Structuring:
- Underwrite new credit facilities and material modifications from deal screening through approval and closing.
- Spread financial statements and develop financial models sensitizing base, borrower, and downside cases.
- Perform cash flow modeling, collateral schedules, guarantor analyses, and debt service/covenant sensitivity calculations.
- Prepare written credit packages outlining credit risk assessments, risk ratings, mitigants, market trends, and structural recommendations.
- Participate in client and prospect meetings alongside RMs to evaluate business operations and credit requirements.
- Present credit analysis and risk rationales during credit committee reviews and approval discussions.
Portfolio Management & Surveillance:
- Oversee ongoing portfolio risk through Continuous Credit Monitoring (CCM), including annual reviews, interim memos, covenant compliance tracking, and early warning surveillance.
- Identify emerging portfolio risks, deteriorating trends, or suspicious activity, initiating timely mitigation strategies and risk rating adjustments.
- Complete and validate risk rating scorecards and credit quality assessments.
Policy, Compliance & Controls:
- Ensure all underwriting complies strictly with M&T Bank Commercial Credit Policy, documenting exceptions and related risks.
- Adhere to enterprise risk appetite, regulatory standards, internal audit requirements, and control frameworks.
- Escalate credit-related and compliance issues to senior management when necessary.
Team Leadership & Collaboration:
- Partner with senior team members on highly complex transactions.
- Guide and lead deal execution teams in partnership with Commercial Credit Analysts.
- Support the onboarding, training, and mentoring of junior analysts.
MINIMUM QUALIFICATIONS
- Education: Bachelor's degree in Accounting, Finance, Economics, or a related field. (In lieu of a degree, a minimum of 8 years of combined higher education and relevant work experience is accepted.)
- Experience: Minimum of 4 years of professional experience in commercial credit underwriting, public accounting, or financial statement analysis.
- Technical Skills: Advanced proficiency in financial modeling, ratio calculation, cash flow analysis, trend evaluation, and Microsoft Office.
- Operational Skills: Strong understanding of commercial legal documents and loan structuring.
- Core Competencies: High accuracy and attention to detail, clear written and verbal communication, critical thinking, independent problem-solving, and client relationship skills.
PREFERRED QUALIFICATIONS
- Direct underwriting experience with commercial real estate (CRE) credits.
- Proficiency with commercial lending and market platforms such as nCino, Capital IQ, FactSet, or Bloomberg.
Updated 3d ago
Candidate fit
Skills and qualifications
Additional skills
Experience
4+ years
How this role is positioned
Role classification
Job domains
Industries
Employment
Full Time
Contract duration
Permanent
Hiring type
Direct
Global hiring
Location specific
Offer details
Compensation and benefits
Compensation
$85.8K - $143K per year
Location, schedule, and role shape
Work setup
Work conditions
Bandwidth profile
Context on the employer
Company snapshot
Company
M&T Bank
Team size
Growing team
Location
Pittsburgh, Pennsylvania, United States
M&T Bank is a financial institution focused on commercial banking, where this role specifically supports commercial real estate clients by assessing and managing credit risk.
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Commercial Credit Associate
Pittsburgh, Pennsylvania, United States • Full Time