Lead Treasury Asset Liability Management Analyst (Hybrid - see description for potential locations)

Hybrid Position

This is a hybrid position requiring in-office work four days every week. Ideally, it will be based at One M&T Plaza in Buffalo, NY. However, it may be based at an M&T corporate office in Baltimore, MD, Bridgeport, CT, Washington, DC, New York, NY, Iselin, NJ, or Paramus, NJ.

If the final candidate is NOT near one of the above referenced locations, there may be an opportunity for fully remote work with standard Eastern Time Zone work hours required.

Overview

Responsible for measuring, monitoring, and strategically managing M&T's balance sheet and interest rate risk position through the generation and analysis of forward-looking forecasts and the full evaluation of the Bank's balance sheet.

Primary Responsibilities

• Manage and participate in the completion of complex processes and analysis specific to measuring the interest rate risk of the Bank's balance sheet to ensure the Bank is managing the risk within the confines of the Firm's risk appetite statement.
• Manage the process of obtaining business line forecasts of balance sheet activities pertinent to forecasting net interest income. This process includes challenging business line forecasts by reviewing current and forward-looking business and financial information for all Bank products.
• Complete complex analyses to support business assumptions and decisions. Provide feedback and make recommendations to management regarding the results and how to mitigate potential risk.
• Stay abreast of trends within the financial services industry and economy to enhance the forecasting of changes in the Bank's balance sheet composition.
• Participate in planning, developing and implementing various projects and initiatives to improve the Division's risk management framework.
• Direct activities of participants in executing projects specific to risk management aspects of the Asset/Liability process.
• May act on behalf of management as required by absence.
• 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 position provides recommendations to senior management to support management of the Corporation's interest rate risk position, consistent with Board-approved risk appetite statements contained in the Treasury Policy Manual. As such, the position interacts with middle and senior Treasury management, as well as management within the business lines to obtain balance sheet forecasts and an understanding of both strategic and tactical initiatives that may impact the institution's risk profile. The position also serves as liaison with other Bank personnel on various cross-departmental tasks and projects.

Education and Experience Required

• Bachelor's degree in Accounting, Finance, Economics or related field, and a minimum of 5 years' risk management experience or in lieu of degree, a combined minimum of 9 years' higher education and/or work experience including a minimum of 5 years' risk management experience
• Balance sheet experience required.
• Quantitative Risk Management (QRM), software experience required.
• Ability to lead cross-functional projects
• Strong presentation skills
• Strong quantitative skills
• Strong financial skills
• Strong economic skills
• Strong statistical skills
• Detail-oriented
• Excellent 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
• Thorough knowledge of regulatory guidance on prudent interest rate risk management including best practices and industry norms

Education and Experience Preferred

• Master's degree in Business Administration (MBA) or Chartered Financial Analyst (CFA)
• 5 or more years of 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 $103,000.00 - $171,600.00 Annual (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