Overview:
Provides research and analysis to address reconciliation inquiries, monitor and report on identified exceptions, calculation discrepancies and/or provide project support to business partners, clients and bondholders.
Primary Responsibilities:
- Understand Corporate Trust Operations team’s processes, procedures and system functionality to update and improve existing operational controls and gaps, as required.
- Review the Company’s accounting transaction documentation for completeness and accuracy and research account variances and ensure they are resolved timely. Balance worksheet total and reconcile transactions to ledger accounts.
- Research and resolve complex operational and/or calculation discrepancies in response to bondholder and business partner inquiries.
- Provide support on projects impacting the Corporate Trust Operations team, including but not limited to, developing test plans, strategies and scripts and independently testing system releases and enhancements.
- Identify control gaps through oversight of daily operational processes; research solutions that enhance the control environment.
- Ensure regulatory deadlines and department guidelines are met for operational processing to protect Company interests and retain and expand customer relationships.
- 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.
Education and Experience Required:
Bachelor’s degree and a minimum of 1 years’ relevant experience,
OR in lieu of a degree,
A combined minimum of 5 years’ higher education and/or work experience, including a minimum of 1 years’ relevant experience
Proficiency with personal computers as well as pertinent spreadsheet, word processing and email software
Strong analytical skills
Strong problem-solving skills
Strong written and verbal communication skills
Strong organizational skills
Strong interpersonal skills
Detail-oriented
Education and Experience Preferred:
Financial services experience
Securities knowledge
Ability to work under time constraints while maintaining accuracy
Ability to partner with various stakeholders
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $27.24 - $45.40 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Wilmington, Delaware, United States of America