Sr Treasury Asset Liability Management (ALM) Analyst
Location: Buffalo, NY
Senior Treasury Asset Liability Management Analyst
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.
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 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.
NATURE AND SCOPE:
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.
MINIMUM QUALIFICATIONS REQUIRED:
Bachelor’s degree with coursework and proven proficiency in Finance, Accounting, Economics, and 2+ years’ related risk management experience, or in lieu of a degree, a combined 6+ years’ higher education and/or work experience, including coursework and proven proficiency in Finance, Accounting or Economics and 2+ years’ related risk management experience.
Strong quantitative, financial, economic and statistical skills.
Detail-oriented with excellent math and 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.
IDEAL QUALIFICATIONS PREFERRED:
Master’s degree in Business Administration (MBA)/Chartered Financial Analyst (CFA).
Minimum of 2 years’ proven Asset/Liability experience.
Quantitative Risk Management (QRM), BancWare, 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.
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.