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.
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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
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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