Senior Treasury Risk Management Oversight Analyst

Company: M&T Bank
Location: Buffalo
Posted on: January 15, 2021

Job Description:

Overview: The Sr. TRMO Analyst provides independent review and effective challenge in support of Treasury's oversight requirements and strengthens the Bank's enterprise-wide risk management infrastructure. This position assists in establishing the long-range strategic direction and ongoing operations for TRMO; coordinating appropriate analytics to identify and assess Treasury risks, including Market risk, and controls; collaborating with business partners and risk units on compliance and regulatory issues; and driving process improvements and sustainability while reducing cycle time. Additionally, this position will help develop and implement policies and procedures on Treasury risk and Market risk. Primary Responsibilities: * Ensure a comprehensive and thorough understanding of complex compliance and regulatory requirements applicable to Treasury and Market risks management within the banking industry. * Perform detailed, interpretative Treasury risk analyses utilizing independent modeling processes to challenge and/or validate Treasury risk profile particularly as it relates to balance sheet, liquidity, interest rate, mortgage pipeline loans, closed loans, fallout rates, prepayment behavior and profit & loss monitoring of hedging activities. * Evaluate risk controls and self-identify risk deficiencies and conduct other complex independent assessment on a recurring and ad-hoc basis in support of achieving the Bank's risk management objectives and regulatory compliance. * Develop and maintain tools to enhance risk management and assessment activities and account for emerging risks; ensure open Internal Audit recommendations and /or deficiencies are fully resolved in a timely manner. * Responsible for the development in final form of presentations: TRMO narratives, memorandums and presentations for senior management, internal risk governance committees and regulators. * Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management. * Conduct research and analyses of industry and peer bank data and keep apprised of regulatory developments and industry best practices for peer comparison. * Maintain M&T's internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. * May be called upon to provide presentations to senior management concerning the Treasury and Market risks. * Assist in training and mentoring Analysts and Associate Analysts. * May be called upon to provide team leadership and/or workflow management for a designated team of Analysts/Associate 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 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 TRMO Team plays a critical role in providing management oversight, including all associated Second Line of Defense responsibilities to support the office of Chief Risk Officer and to partner with cross-functional working teams to include lines of business, Treasury, WISD and mortgage trading to ensure compliance with critical regulatory requirements and achieve organization-wide risk management objectives. Supervisory/ Managerial Responsibilities: May be an individual contributor or supervise up to 2 Analysts/Associate Analysts. Education and Experience Required Bachelor's degree in quantitative/analytical discipline (e.g., Finance, Accounting or Economics) and minimum of five years' experience including a minimum of two years' experience in the finance industry, OR in lieu of degree, a combined nine years' higher education and/or work experience with a minimum of two years' experience in the finance industry. Proven experience at an intermediate level with spreadsheet, word processing, and presentation software. Strong communication skills, verbal and written. Education and Experience Preferred: Master's degree in quantitative/analytical discipline (e.g., Finance/Economics/Applied Econometrics) and minimum of three years' experience in a risk or business quantitative position including a minimum of three years' experience in market and macro-economic dynamics, OR in lieu of degree, a combined ten years' work experience and/or higher education with a minimum of five years' experience in market and macro-economic dynamics. Previous experience with Treasury Risk Management and regulatory reporting templates. Advanced financial modeling skills. Strong oral and written communication experience preferred. Location Buffalo, New York, United States of America

Keywords: M&T Bank, Buffalo , Senior Treasury Risk Management Oversight Analyst, Executive , Buffalo, New York