M&T Bank
Treasury Asset Liability Management Lead
M&T Bank, Depew, New York, United States, 14043
Overview: Responsible for measuring, monitoring, and strategically managing M&Ts balance sheet and interest rate risk position through the generation and analysis of forward-looking forecasts and the full evaluation of the Banks balance sheet. Primary Responsibilities: Manage and participate in the completion of complex processes and analysis specific to measuring the interest rate risk of the Banks balance sheet to ensure the Bank is managing the risk within the confines of the Firms 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 Banks balance sheet composition. Participate in planning, developing and implementing various projects and initiatives to improve the Divisions 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 Companys risk and regulatory standards, policies and controls in accordance with the Companys 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. Scope of Responsibilities: The position provides recommendations to senior management to support management of the Corporations 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 institutions risk profile. The position also serves as liaison with other Bank personnel on various cross-departmental tasks and projects. Education and Experience Required: Bachelors 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 Knowledge of a variety of risk management techniques Proficient user of QRM software and pertinent spreadsheet, database, word processing and presentation software Working knowledge of analytical software packages and business intelligence tools Excellent verbal and written communications skills Strong cross-functional collaboration and management skills Strong presentation skills Thorough knowledge of regulatory guidance on prudent interest rate risk management including best practices and industry norms Education and Experience Preferred: Masters degree in Business Administration (MBA) or Chartered Financial Analyst (CFA) Proficiency with personal computers and relevant analytical software packages in the field: Quantitative Risk Management (QRM), Andrew Davison & Co. (AdCo), etc. LI-RS1 M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $97,869.52 - $163,115.87 Annual (USD). The successful candidates particular combination of knowledge, skills, and experience will inform their specific compensation. Location Buffalo, New York, United States of America M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.