Experience Inc. Jobs

Overview:

Responsible for directing the restructuring of adversely-graded loans for assigned team and region. Restructures the largest, most complex, adversely-graded loans.

Primary Responsibilities:

• Oversees loan workout officers for assigned region, directing the restructuring of problem credits in order to preserve loan principal, gather interest and prevent the loan from being charged off.

• Responsible for the restructuring of the largest, most complex problem credits, working with officials of lending and borrowing institutions to review and restructure credit and repayment terms, and to better secure collateral or attain an equity position and maximize recoveries on assigned accounts.

• Coordinates all aspects of restructuring the problem credit with tax, legal, audit, credit/loan policy, and regulatory officials at the highest levels.

• Works closely with loan recovery, legal, and other departments to maximize the recovery of non-performing loans which have been charged off.

• Ensure activities managed fully support the Commercial and Business Banking businesses, as well as the overall Bank, its’ brand and reputation in all markets served.

• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.

• Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. 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:

Special Assets is responsible for the restructure and/or liquidation of classified loan relationships for Business Banking and the Commercial bank. The department’s mission is to work with customers to effectuate a turnaround when appropriate and restructure the credit to retain the relationship, limit loan losses and maximize recoveries on all commercial loan relationships in excess of $1MM in Business Banking and $500M in Commercial Banking. To accomplish this, the Department is responsible for management of all classified loans. Special Asset officers are responsible for partnering with our lenders in handling of criticized loans, whether or not we choose to employ a turnaround or exit strategy. The Department is also responsible for the management of commercial ORE previously serving as collateral for loans.

As such, this position will provide credit expertise in order to turn around credits heading for non-performing loan status as well as restructuring those already there. This position is responsible for a small team within the Bank’s Special Assets function within a defined Region.

Supervisory/ Managerial Responsibilities:

Manages small team of Loan Workout officers.

Education and Experience Required:

Bachelor’s degree in Business, Finance, Economics or related field and a minimum of 8 years’ special assets, commercial lending and/or credit experience,

OR in lieu of a degree,

A combined minimum of 12 years’ higher education and work experience, including a minimum of 8 years’ special assets, commercial lending and/or credit experience.

Two years proven managerial and/or leadership experience.

Ability to sell effectively to current and prospective clients.

Knowledge of banking credit principals and banking and industry product offerings.

Excellent communication and interpersonal skills.

Excellent presentation skills.

Strong analytical and decision-making skills.

Proficiency with personal computers and relevant software packages.

Education and Experience Preferred:

MBA or advanced degree.

Knowledge of Bank policies and procedures.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $150,466.11 - $250,776.86 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Baltimore, Maryland, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.