Operations Associate V - Amherst, United States - M&T Bank

Description

Overview:
Provides advanced analytical and operational support to the Bank's Foreign Exchange, Interest Rate Derivatives and Fixed Income Portfolio Desks.


Primary Responsibilities:

• Completes medium complexity data entry and trade entry updates (documented/procedures) over range of disciplines.
• Complete medium level of analysis and judgment based work over a range of disciplines within the department.
• Complete medium complexity documentation for system input with quality control and validation and moderate customer service requests
• Obtain and review documentation prior to submitting to management the details necessary for departmental audits. May take part of interdepartmental projects.
• Respond to more complex requests involving research in multiple systems; complete adjustments and reconciliation. Work with Senior Management to define and outline escalation criteria.
• Utilize internal procedures across the department without collaboration to complete task.
• Validate and reconcile various trade related details to include validating, reporting and customer confirmations.
• Assist with cross-training and ensure basic understanding of tasks are correctly outlined.
• 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.

Scope of Responsibilities:
This position works in one of the following areas of

Treasury Operations:
Fixed Income Operations, Derivatives Operations, Foreign Exchange Operations, Treasury Administration and Portfolio Analytics.


Education and Experience Required:

• Associate's degree and a minimum of 2 years' work experience in a relevant field, or in lieu of a degree, a combined minimum of 4 years' higher education and/or work experience, including a minimum of 2 years' work experience in a relevant field
• Basic to intermediate proficiency with personal computers as well as pertinent spreadsheet, word processing and email software
• Proven analytical skills
• Proven time management skills
• Comfortable and proven ability with communicating verbally and in writing with various level of personnel
• Detail-oriented

Education and Experience Preferred:

• Bachelor's degree in Finance or Accounting or related field
• Proven ability to be part of a working project and interject the necessary expertise to help guide results.
• Basic experience with derivatives, investment or foreign exchange operations, analytics or reporting

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $ $34.91 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Amherst, New York, United States of America