Location: this position can be performed on site at M&T Plaza in Buffalo, NY, in a hybrid capacity, or fully remote from anywhere in the US.
Provides analysis and completes reports for liquidity risk management reporting to the senior management, including the Asset Liability Committee (ALCO) and the Board of Directors with, limited guidance from senior analysts and manager. Works with senior analysts and manager to improve Liquidity Risk Management (LRM) reporting and assists in simplifying complex operations by independently getting data and other information needed to complete reports.
Update working files with pertinent information from within and outside Treasury.
Build partnerships within Treasury and the lines of business to support receipt of this information in a timely manner.
Learn and increase proficiency in appropriate tools used in preparing and producing reports for LRM. Implement new ideas using these tools based on guidance provided from senior analysts and/or the manager.
Assist Liquidity Risk Management team by preparing, analyzing and reporting various liquidity stress scenarios modeled in QRM (Quantitative Risk Management) to support management of liquidity risk management sensitivity analyses.
Document procedures and controls for processes used to update files used for LRM reporting.
Document and maintain currency of procedures and controls for processes used in updating files for liquidity risk management reporting. Ensure documentation is written comprehensively to enable a new user to easily follow and replicate the process.
Stay abreast of current and proposed regulatory guidance and industry best business practices as they relate to liquidity risk management.
Understand and adhere 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.
Promote an environment that supports diversity and reflects the M&T Bank brand.
Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Complete other related duties as assigned.
Education and Experience Required:
Bachelor's degree with coursework and proven proficiency in Finance, Accounting or Economics and a minimum of 2 years' related experience, or in lieu of a degree, a combined minimum of 6 years' higher education and/or work experience in Finance, Accounting or Economics, including a minimum of 2 years' related experience
Strong mathematical skills
Strong analytical skills
Strong interpersonal and communication skills, with an equally strong desire to learn
Advanced computer skills and strong knowledge of pertinent spreadsheet and database software
Education and Experience Preferred:
Master's degree in Business Administration (MBA) or Chartered Financial Analyst (CFA)
Minimum of 2 years' proven Liquidity Risk Management or Asset/Liability experience
Experience in mathematical modeling of financial instruments
Prior banking experience
Knowledge of bank products and services
Ability to work well in a fast-paced, deadline-driven environment
Ability to coordinate multiple projects simultaneously