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M&T Bank Corporation

Relationship Manager III - Private Debt & CLO

M&T Bank Corporation, Baltimore, Maryland, United States, 21276


Relationship Manager III - Private Debt & CLO

ApplyRemote Type:

Hybrid PositionLocation:

Baltimore, MDTime Type:

Full timePosted On:

Posted 2 Days AgoJob Requisition ID:

R58737Overview:As part of the Loan Market Solutions Division, the CLO & Loan Administration team provides trustee & custodian services to sophisticated loan asset managers. Wilmington is responsible for tracking and maintaining all daily activity including the collection of payments and investor waterfall distributions. Additionally, the team monitors and reports on various portfolio compliance requirements related to the underlying portfolio asset attributes. Join our dynamic experienced team focused on enhancing overall client experience through technology and continuous process improvement. Candidates who are interested in a fast-paced environment with career advancement opportunities should apply.Primary Responsibilities:Responsible for acting as single point of contact for key client relationshipsCollaborate with operations and analytics teams to meet client objectives and deliverablesCollaborate with Business Development/Sales to secure new client mandatesAbility to interpret CLO indentures, credit agreements and various other structured finance documentationResponsible for managing client onboarding including account opening process, KYC procedures and documentation reviewAbility to calculate and verify compliance testing and waterfall calculationsPerform and interpret hypothetical trade testingPerform monthly and quarterly reconciliations for required reporting including CLOs, SMAs and Borrowing Base FacilitiesLiaise with auditors, underwriters, CLO managers, investors, private debt managers and various other parties involvedExposure across entire lifecycle of servicing loan clients including account setup, KYC procedures, global asset setup & maintenance, notice processing, warehouse reporting, CLO / Compliance Reporting & waterfall paymentsUnderstanding and adhering to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.Promoting an environment that supports diversity and reflects the M&T Bank brand.Maintaining M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.Completing other related duties as assigned.HOW YOU CAN GROW YOUR CAREER:Our team employs extensive cross-training in order to provide employees with a comprehensive view of all aspects of servicing our clients. This position will provide the opportunity to learn various roles, processes & procedures to meet client expectations. Defining and building individualized career pathing for our staff including leadership, project related, client relationship, operations and analytics roles.Education and Experience Required:Combined minimum of 5 years higher education and/or work experienceAdvanced Microsoft Office SkillsStrong analytical and problem-solving skillsExcellent written and verbal communication skills for both an internal and external audienceAbility to thrive in an entrepreneurial, fast-paced growth environmentAbility to work independently and collaboratively across the organizationEducation and Experience Preferred:Bachelor’s degree focused on Finance, Business, Economics or Accounting and a minimum of 5 years’ relevant work experience with direct client contactExceptional organizational skills with an attention to detailExcellent interpersonal and analytical skills with a strong balance of qualitative and quantitative skillsDemonstrated ability to work as part of a team, as well as contribute on an individual basisFamiliarity with various loan products – Bi-Lateral ABL Facilities, SMAs, Private Funds, MM & BSL CLOs, Business Development CompaniesProfessional work experience at CLO Trustee, Loan Agent/Bank, Middle Office Provider or CLO ManagerSystem / Application experience - Clearpar, Solvas/CDO Suite, SEI, Wall Street Office, LoanIQWe support our employees every step of the way:Competitive compensationFull medical & dental benefits, Health Savings & Flexible Spending Accounts, and life/disability insuranceGenerous paid time off (PTO) plus 11 paid holidays and an option to buy additional PTO401(k) match at 5% with options for Roth and discretionary employer contributionsA deep commitment to equity, including 14 resource group charters, a D&I sponsorship program, 40 annual paid volunteer hours and moreVarious options for tuition assistance, paid parental leave, stock purchase, wellness and employee discountsPosition may be based anywhere throughout the U.S.Pay Range:

The pay range for this position is $102,939.06 - $171,565.10 (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.About Us:At M&T Bank, we make a difference in people’s lives. For more than 160 years, we’ve been providing our customers with guidance and financial solutions, leading our communities through challenges and growth opportunities, and empowering our employees to build purpose-driven careers.Our talent and culture set us apart. Our core values drive the work we do – integrity, ownership, collaboration, curiosity, candor. We seek to further build upon our record of success by bringing in diverse talents and fresh skill sets while supporting the growth and development of all team members.We are constantly renewing. Our future success relies on our ability to understand what’s important to our customers and use that understanding to build new and innovative customer experiences.We need you.

Are you ready to join us? Apply today to start the journey.If you are unable to apply through this site due to technical issues or are in need of an accommodation to apply, please contact us at careersitesupport@mtb.com for assistance.M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.M&T Bank Corporation has policies and procedures in place to promote a drug-free workplace.

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