About the role
Overview:
The Finance and Regulatory Reporting Oversight (“FRRO”) team is responsible for performing effective review and challenge activities, primarily related to capital management, planning and forecasting, capital interpretations, capital calculations, Resolution Planning and FED and FDIC regulatory reporting.
The Expert Risk Analyst will support, and report, to the Segment Risk Manager responsible for oversight of capital, or regulatory reporting risk undertaken in the assigned segment.
Incumbent will have regular, direct interaction with Finance members and play a lead role in conducting effective challenge of Finance activities.
Serves as Bank-wide or industry expert in key area(s) of capital risk management and regulatory reporting. Provides mentoring, training and guidance to less experienced analysts and may lead/manage teams on a project basis, providing performance feedback to management as appropriate.
Primary Responsibilities:
Senior individual contributor and department subject matter expert.
Interact directly with Finance team members to conduct effective challenge of Finance related processes within areas of capital management, planning and forecasting, capital interpretations, capital calculations, Resolution Planning and FED and FDIC regulatory reporting.
Set tactical direction for the successful completion of projects to enhance the analytical capabilities of the FRRO function along with other strategic initiatives and targeted process improvements.
Communicate findings to Finance team members forming strategic relationships with department peers and senior leadership.
Set timelines, expectations, and negotiate across departments to drive process improvement initiatives to implement changes to methodology and enhance/streamline processes to improve efficiency and sustainability.
Provide leadership, guidance and direction to junior staff regarding all aspects of data analysis, risk reporting, risk identification, risk policies and governance and regulatory compliance.
Maintain and develop in others knowledge on standard concepts, practices, and procedures within the risk analytics field.
Assist with regulatory exams, responses to regulatory requests, feedback and Internal Audit exams/reviews.
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
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.
Promote an environment that supports belonging and reflects the M&T Bank brand.
Complete other related duties as assigned.
Scope of Responsibilities:
This position will interact with various lines of business, Technology, Banking Services and Finance to ensure compliance with FDIC and other regulatory requirements.
Supervisory/Managerial Responsibilities:
May provide work leadership to one or more analysts
Education and Experience Required:
Bachelor’s degree in quantitative/analytical discipline (e.g., Finance, Accounting or Economics) and minimum of seven years’ experience in a risk or business quantitative position including a minimum of two years' experience in capital, regulatory reporting, or treasury risk management.
OR in lieu of degree,
A combined nine years’ work experience and/or higher education with a minimum of seven years' relevant work experience.
Thorough knowledge of regulatory guidance on prudent capital planning and stress testing, Resolution Planning, and/or regulatory reporting including best practices and industry norms
Excellent verbal and written communication, cross-functional collaboration skills.
Ability to communicate concepts/theories and develop alternative recommendations.
Ability to make effective presentations to all levels of the organization.
Education and Experience Preferred:
Not applicable
Physical Requirements:
Not applicable
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $123,600.00 - $206,000.00 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 AmericaAplyr's read
M&T Bank is a regional financial institution with a strong community focus, attracting professionals in commercial banking and financial services.
What's promising
- •M&T Bank has a strong regional presence in the Northeastern U.S.
- •The bank offers diverse career opportunities in commercial and retail banking.
- •M&T Bank is known for its community-oriented approach and local involvement.
What to watch
- •M&T Bank faces competition from larger national banks.
- •Limited public information about its technological innovation initiatives.
- •The bank's regional focus may limit geographic career mobility.
Why M&T Bank
- •M&T Bank emphasizes a community-focused banking model.
- •The company offers specialized roles in commercial credit and equipment financing.
- •M&T Bank provides hybrid work opportunities for certain roles, enhancing work-life balance.
Aplyr’s read is generated by AI from public sources. Was it useful?
About M&T Bank
M&T Bank is a regional bank holding company that provides a wide range of financial services, including commercial and retail banking, investment services, and mortgage banking.