Consumer Credit Representative III - M&T Center/ Buffalo NY

Job description

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

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

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

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