About the role
Overview
- Evaluate complex and/or high-risk consumer loan applications for the extension of credit, ensuring a quality loan portfolio. Manage staff to ensure that proper loan decisions are made and underwriting guidelines followed.
- This position offers a flexible shift schedule, with working hours available from 9:00 AM to 6:00 PM, 10:00 AM to 7:00 PM, or 11:00 AM to 8:00 PM. The role also requires availability to work Saturdays and holidays as needed.
- 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.
- Primary Responsibilities: Evaluate complex and/or high-risk consumer loan applications for the extension of credit, ensuring a quality loan portfolio.
- Manage staff to ensure that proper loan decisions are made and underwriting guidelines followed.
- Supervise and communicate credit procedures, providing advice, guidance, and work direction, and train credit representatives and supervisors to ensure proper loan decisions are made and guidelines followed.
- Assist in the final determination of loan decisions, recommending credit decisions to Senior Management when warranted.
- Communicate, build, and maintain relationships with dealers and brokers.
- Manage assigned region, including workflow, credit decisions, and employee development/evaluation.
- Exercise override authority.
- Develop/implement credit procedures and monitor efficiency, making recommendations and modifications when appropriate.
- 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.
- Participate in future planning, solutions, and acquisitions.
- Perform other duties as requested by management.
- Primarily support loans sourced through Indirect channels such as car and boat dealerships, requiring regularly working weekend or evening hours to support these dealerships
- Scope of Responsibilities: Exercise lending authority to $200,000.
- Works under limited supervision.
- Supervisory/ Managerial Responsibilities: None
Education and Experience Required
Bachelor’s degree and two years of Consumer or Commercial Credit work experience required, or in lieu of a degree, a combined six years higher education and/or Consumer or Commercial work experience
Education and Experience Preferred
Physical Requirements
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $29.90 - $49.84 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