Portfolio Manager II
Company: M&T Bank
Location: Cherry Hill
Posted on: November 26, 2022
Overview: Provide direct support to Workout Officers, Special
Assets Team Leaders, Regional Special Assets Managers, and
Department Manager in regard to credit underwriting, portfolio
management, compliance, and monitoring of new and existing
customers within the Special Assets portfolio.
- Liaison with Workout Officers for the purpose of facilitating
underwriting approval memos and Problem Loan Management Reports.
Includes tracking the receipt of financial statements, ordering
appraisals, compliance with covenants, and borrowing base
- Attend client meetings with Relationship Managers in order to
gain a thorough understanding of the client and their business in
order to effectively assist in effective management of the
- Support portfolio management efforts by completing due
diligence on clients including: trade reference verification,
credit reports and industry/company research. Preparation of
reports for regulators and management. Primary responsibility will
also include Problem Loan Management Reports, and Scorecards.
- Perform other related duties and special projects as requested
- Analyze financial information. Assist RMs in preparing
cash-flow and collateral schedules, covenant sensitivity
calculations, financial models, and guarantor statement
- Participate in internal strategy discussions.
- 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&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: Incumbent works under general supervision and
will work very closely with Workout Officers, Special Assets Team
Leaders, Regional Special Assets Managers, and Department Manager
in all aspects of the loan process. Impact extends to the Bank's
long-term operations, revenues, and profitability.Supervisory/
Managerial Responsibilities: NoneEducation and Experience Required:
Bachelors degree or four years of equivalent related experience. 5
years of commercial lending or commercial credit
experience.Requires very strong financial analytical skills.
Bankruptcy experience preferred.Solid knowledge of personal
computers. Thorough knowledge of various software programs: Word,
Excel and other departmental software.
Education and Experience Preferred: Excellent analytical ability.
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.
LocationCherry Hill, New Jersey, United States of America
Keywords: M&T Bank, Cherry Hill , Portfolio Manager II, Executive , Cherry Hill, New Jersey
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