About this role
• Consumer lending and underwriting experience required, including evaluating moderate to complex and higher-risk loan applications.
• Proven ability to independently assess creditworthiness, analyze financial information, and make sound lending decisions within established authority limits.
• Experience reviewing indirect lending applications received through dealers, brokers, vendors, and business partners.
Overview: Evaluate moderate to complex and higher risk consumer loan applications utilizing in depth experience level. Extend credit in a timely manner overseeing, assisting and training staff, ensuring a quality portfolio.
Primary Responsibilities:
• Evaluate moderate to complex and higher risk consumer loan applications utilizing in depth experience level. • Extend credit in a timely manner overseeing, assisting and training staff, ensuring a quality portfolio. • Decision all newly originated vendor and business partner requests within established guidelines. • Process initial loan decisions up to and including $500,000 without supervision. • Recommend higher risk credit decisions, follow matrix and refer exception to senior management. Countersign loan within authority, work with credit staff and support areas to correct errors or discrepancies. • Define alternative lending scenarios while providing daily guidance and training to less experienced staff. • Communicate loan decisions to dealers, brokers and customers on a daily basis. • Resolve complex issues regarding financial statements, credit reports, loan decisions requirements and policy. • Maintain professional etiquette and adhere to Privacy Act Guidelines. • Understand and apply regulatory compliance issues in relation to Reg. B, HMDA, Adverse Action, Fair Lending and Fraud Procedures. • Actively monitor assigned individual and regional work queues. • Communicate with management to resolve lending conflicts and provide input regarding staff's job performance. • May perform additional supervisory/management duties in the absence of the Consumer Credit Loan Rep IV.Participate in future planning, solutions, acquisitions, and off site activities.
Scope of Responsibilities: Works under very general supervision. Exercising lending authority to $150,000. Use credit knowledge and experience to enhance and communicate credit procedures to other less experienced loan officers. Provide advice, guidance, work direction and support.
Supervisory/ Managerial Responsibilities: Communicate with management to resolve lending conflicts and provide input regarding staff's job performance. May perform additional supervisory/management duties in the absence of the Consumer Credit Loan Rep IV.
Education and Experience Required: Bachelor’s degree and one year of work related experience required, or in lieu of a degree, a combined five years higher education and/or related work experience
Education and Experience Preferred: Previous Consumer credit experience
Physical Requirements:
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $26.00 - $43.34 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