Finance Risk Analyst Position Available In Erie, New York

Overview:

The Finance Risk Analyst will support the Segment Risk Manager responsible for Finance and Regulatory Reporting Oversight (“FRRO”) Analytics. The 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 Finance Risk Analyst will work closely with M&T’s Capital Planning team along with other stakeholders across the Finance and Risk functions of the bank in support of the ongoing evaluation of M&T’s capital adequacy and governance. The candidate will develop and enhance analytical tools to support the review and challenge of capital adequacy and will support the function’s evaluation of conformance with existing and proposed capital regulations. In addition, the role may support the independent review and challenge of other components of financial reporting, including the Allowance for Credit Loss (ACL) process, and support ad hoc projects on an ongoing basis.

Primary Responsibilities:

Support the performance of effective independent review and challenge activities across a wide scope of capital planning, monitoring and governance activities. Collaborate across functions in the compilation and analysis of financial and capital projections both on a business-as-usual (BAU) basis and in connection with stress testing exercises, with a focus on Pre-Provision Net Revenue (PPNR), Credit Losses and Risk-Weighted Assets (RWA). Support the successful completion of projects to enhance the analytical capabilities of the FRRO function along with other strategic initiatives and targeted process improvements. Utilize analytical tools to conduct research and analysis of industry and peer bank data, provide insight on regulatory updates and best practices. 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. Complete other related duties as assigned

Scope of Responsibilities:

The Finance Risk Analyst will interact with various lines of business and support areas, including Credit Risk, Model Risk Management, Finance, Treasury and Audit. The Finance Risk Analyst must be a self-starter with a willingness to take on any task within FRRO to further the department’s oversight role. The position has visibility from senior and executive members of the Risk Division. The incumbent must be willing to work independently as well as within a team environment and, at times, under tight deadlines with limited information.

Education and Experience Required:

Bachelors degree and a minimum of 2 years related business line experience, OR in lieu of a degree, A combined minimum of 6 years higher education and/or work experience

Education and Experience Preferred:

BA with outstanding academic credentials. One to two years work experience, preferably in Banking or other financial services companies. Excellent written and oral communication skills. Superior interpersonal and leadership talent and ambition. Advanced analytical abilities. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $70,023.60 – $116,706.01 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 Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at careersitesupport@mtb.com for assistance. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.