Overview:

Reviews internally prepared loan packages for Commercial and Business Banking Loans and Middle Market leases to ensure their completeness and due diligence required and set forth by the requirements of the Loan Approval memo.  Maintains a thorough knowledge on researching and citing or clearing documents exceptions and responding to business partners in an accurate and efficient manner. 

Primary Responsibilities:

• Complete post close review of all internally prepared Commercial Banking, Business Banking and/or Private Banking loan packages.
• Ensure due diligence is completed according to the loan approval memo.
• Ensure completion of flood certifications, appraisal and environmental reports.
• Set up collateral in the collateral tracking system.
• Cite exceptions for missing and/or deficient items.  Work departmental inquiries for clearing document exceptions.
• Correspond with and respond to business partner inquiries as required.
• Review Post Close Review report and document exceptions.  May work to resolve these issues.
• 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 diversity 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:

Commercial Post-Closing is responsible for ensuring documents for Commercial, Business Banking and Private Banking loans have been executed appropriately and all Credit Policy and regulatory   requirements have been met.  This group reviews all internally prepared and attorney prepared loan packages, identifies and annotates exceptions, sets up collateral on the collateral tracking system and clears document exceptions.  The area communicates with lending personnel, external and internal counsel, Credit Underwriting and other areas on a regular basis.

Education and Experience Required:

Associate’s degree and a minimum of 1 years’ work experience,

OR in lieu of a degree,

A combined minimum of 3 years’ higher education and/or work experience, including a minimum of 1 years’ work experience

Education and Experience Preferred:

Bachelor's degree

Minimum of 3 years’ relevant work experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $18.57 - $30.95 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Buffalo, New York, United States of America