Expert Risk Analyst - Finance & Regulatory Reporting Oversight

M&T Bank Corporation; Buffalo (NY); On-site; USD 124,000 - 206,000; Full time

Benefits offered by this job

Medical benefits

Retirement plan

Volunteer time off

Job summary

M&T Bank Corporation in Buffalo, NY seeks an Expert Risk Analyst within FRRO to lead capital risk management and regulatory reporting initiatives. You will mentor analysts, partner with Finance teams, and drive effective challenge and process improvements.

The role demands strong quantitative skills, seven+ years in risk or finance, and experience in capital/regulatory domains. You will interact with senior leadership to enhance governance and reporting controls.

Qualifications

• Bachelor’s degree in quantitative/analytical discipline with at least seven years in risk or quantitative roles.
• At least two years in capital, regulatory reporting or treasury risk management.
• Strong collaboration with Finance teams and leadership experience.

Responsibilities

• Serve as subject matter expert in capital risk management and regulatory reporting.
• Lead effective challenge discussions with Finance teams.
• Mentor and guide junior analysts.
• Set tactical direction for projects and drive process improvements.

Skills

Capital risk management

Regulatory reporting

Data analysis

Financial modeling

Leadership

Mentoring

Education

Bachelor’s degree in Finance, Accounting or Economics

Job description

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.

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 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.

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.

View M&T’s Human Capital Report to learn more.