M&T Bank
Senior Treasury Asset Liability Management (ALM) Analyst - Hybrid
M&T Bank, Buffalo, New York, United States, 14266
This is a hybrid position requiring in-office work three days every week and it will be based in the Buffalo, NY office.
Overview Provides analysis and reporting of interest rate risk to senior management to support strategic and tactical management decisions of the Bank’s balance sheet. Mentors and provides guidance to less experienced analysts.
Primary Responsibilities
Complete monthly analysis and reporting of the Bank’s balance sheet interest rate risk position to senior management, providing a clear explanation of key drivers for changes in risk profile to meet internal and external regulatory guidance.
Partner with business lines and Treasury team members to incorporate balance sheet and model assumptions for forecasting the Bank’s balance sheet through a sophisticated model known as QRM (Quantitative Risk Management).
Assist Asset Liability Management (ALM) team to develop ALM strategies by preparing, analyzing and reporting various scenarios modeled in QRM to support the management of interest rate risk management sensitivity analysis.
Document and maintain proper procedures to serve as reference of processes completed in building forecasted balance sheet and various analyses to ensure proper controls on quality and integrity of interest rate reports produced for senior management.
Use spreadsheet software, Online Analytical Processing (OLAP) and Business Intelligence software to develop custom reports to support these activities and enhance the analysis.
Provide mentoring and guidance to less experienced analysts.
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 belonging 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.
Scope of Responsibilities The Asset Liability Management Group’s primary responsibility is to manage the interest rate and liquidity risk of the Corporation’s balance sheet. The analysis created by this position is used by the Bank’s management to add support for strategic business decisions. Through this process, the group develops strategies to manage the composition of the Bank’s investment portfolio.
Education and Experience Required
Bachelor’s degree with coursework and proven proficiency in Finance, Accounting, Economics, and a minimum of 2 years’ related risk management experience, or in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including coursework and proven proficiency in Finance, Accounting or Economics and a minimum of 2 years’ related risk management experience
Balance sheet experience required.
Quantitative Risk Management (QRM), software experience required.
Strong quantitative skills
Strong financial skills
Strong economic skills
Strong statistical skills
Detail-oriented
Excellent mathematical skills
Strong analytical skills
Proficiency with pertinent spreadsheet, database, and word processing software
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)/Chartered Financial Analyst (CFA)
2 or more years’ proven Asset/Liability experience
Andrew Davidson & Co (AdCo) or related software experience
Experience in mathematical modeling of financial instruments
Knowledge of bank products and services
Proficiency in data analytics
Proven ability to work well in a fast-paced, deadline-driven environment, coordinating multiple projects simultaneously
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,800.00 - $143,000.00 (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
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Overview Provides analysis and reporting of interest rate risk to senior management to support strategic and tactical management decisions of the Bank’s balance sheet. Mentors and provides guidance to less experienced analysts.
Primary Responsibilities
Complete monthly analysis and reporting of the Bank’s balance sheet interest rate risk position to senior management, providing a clear explanation of key drivers for changes in risk profile to meet internal and external regulatory guidance.
Partner with business lines and Treasury team members to incorporate balance sheet and model assumptions for forecasting the Bank’s balance sheet through a sophisticated model known as QRM (Quantitative Risk Management).
Assist Asset Liability Management (ALM) team to develop ALM strategies by preparing, analyzing and reporting various scenarios modeled in QRM to support the management of interest rate risk management sensitivity analysis.
Document and maintain proper procedures to serve as reference of processes completed in building forecasted balance sheet and various analyses to ensure proper controls on quality and integrity of interest rate reports produced for senior management.
Use spreadsheet software, Online Analytical Processing (OLAP) and Business Intelligence software to develop custom reports to support these activities and enhance the analysis.
Provide mentoring and guidance to less experienced analysts.
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 belonging 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.
Scope of Responsibilities The Asset Liability Management Group’s primary responsibility is to manage the interest rate and liquidity risk of the Corporation’s balance sheet. The analysis created by this position is used by the Bank’s management to add support for strategic business decisions. Through this process, the group develops strategies to manage the composition of the Bank’s investment portfolio.
Education and Experience Required
Bachelor’s degree with coursework and proven proficiency in Finance, Accounting, Economics, and a minimum of 2 years’ related risk management experience, or in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including coursework and proven proficiency in Finance, Accounting or Economics and a minimum of 2 years’ related risk management experience
Balance sheet experience required.
Quantitative Risk Management (QRM), software experience required.
Strong quantitative skills
Strong financial skills
Strong economic skills
Strong statistical skills
Detail-oriented
Excellent mathematical skills
Strong analytical skills
Proficiency with pertinent spreadsheet, database, and word processing software
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)/Chartered Financial Analyst (CFA)
2 or more years’ proven Asset/Liability experience
Andrew Davidson & Co (AdCo) or related software experience
Experience in mathematical modeling of financial instruments
Knowledge of bank products and services
Proficiency in data analytics
Proven ability to work well in a fast-paced, deadline-driven environment, coordinating multiple projects simultaneously
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,800.00 - $143,000.00 (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
#J-18808-Ljbffr