Senior Treasury Asset Liability Management (ALM) Analyst - Hybrid

M&T Bank; Buffalo (NY); Hybrid; USD 82,000 - 138,000; Full time

Job summary

A leading bank seeks an analyst to manage interest rate risk and support strategic decisions. This hybrid role involves analysis, mentoring, and collaboration with various teams. Ideal candidates will have strong quantitative and financial skills, with a focus on detail and communication.

Qualifications

• Minimum 2 years related risk management experience.
• Balance sheet experience required.
• Proficiency with spreadsheet and database software.

Responsibilities

• Complete monthly analysis and reporting of interest rate risk.
• Partner with business lines for forecasting the balance sheet.
• Mentor less experienced analysts.

Skills

Quantitative Skills

Financial Skills

Economic Skills

Statistical Skills

Analytical Skills

Detail-oriented

Interpersonal Skills

Communication Skills

Education

Bachelor’s Degree in Finance, Accounting, or Economics

Master’s Degree in Business Administration (MBA)

Tools

Quantitative Risk Management (QRM)

Bankware

Andrew Davidson & Co (AdCo)

Job description

** This is a hybrid position requiring in-office work three days every week. Ideally, this position will be based in the Buffalo, NY office.

Overview:

Provides analysis and reporting of interest rate risk to senior management to support strategic and tactical management decisions of the Bank’s balance sheet. Mentors and provides guidance to less experienced analysts.

Primary Responsibilities:

• Complete monthly analysis and reporting of the Bank’s balance sheet interest rate risk position to senior management, providing a clear explanation of key drivers for changes in risk profile to meet internal and external regulatory guidance.
• Partner with business lines and Treasury team members to incorporate balance sheet and model assumptions for forecasting the Bank’s balance sheet through a sophisticated model known as QRM (Quantitative Risk Management).
• Assist Asset Liability Management (ALM) team to develop ALM strategies by preparing, analyzing and reporting various scenarios modeled in QRM to support the management of interest rate risk management sensitivity analysis.
• Document and maintain proper procedures to serve as reference of processes completed in building forecasted balance sheet and various analyses to ensure proper controls on quality and integrity of interest rate reports produced for senior management.
• Use spreadsheet software, Online Analytical Processing (OLAP) and Business Intelligence software to develop custom reports to support these activities and enhance the analysis.
• Provide mentoring and guidance to less experienced analysts.
• 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 belonging 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 Asset Liability Management Group’s primary responsibility is to manage the interest rate and liquidity risk of the Corporation’s balance sheet. The analysis created by this position is used by the Bank’s management to add support for strategic business decisions. Through this process, the group develops strategies to manage the composition of the Bank’s investment portfolio.

Education and Experience Required:

• Bachelor’s degree with coursework and proven proficiency in Finance, Accounting, Economics, and a minimum of 2 years’ related risk management experience, or in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including coursework and proven proficiency in Finance, Accounting or Economics and a minimum of 2 years’ related risk management experience
• Balance sheet experience required.
• Strong quantitative skills
• Strong financial skills
• Strong economic skills
• Strong statistical skills
• Detail-oriented
• Excellent mathematical skills
• Strong analytical skills
• Proficiency with pertinent spreadsheet, database, and word processing software
• Strong interpersonal and communication skills, with an equally strong desire to learn
• Advanced computer skills and strong knowledge of pertinent spreadsheet and database software

Education and Experience Preferred:

• Master’s degree in Business Administration (MBA)/Chartered Financial Analyst (CFA)
• Minimum of 2 years’ proven Asset/Liability experience
• Quantitative Risk Management (QRM), Bankware, Andrew Davidson & Co (AdCo), or related software experience
• Experience in mathematical modeling of financial instruments
• Knowledge of bank products and services
• Proficiency in data analytics
• Proven ability to work well in a fast-paced, deadline-driven environment, coordinating multiple projects simultaneously

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $82,783.41 - $137,972.36 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