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Financial Analyst, Business and Planning - 3DGXK in Buffalo, NY at M&T Bank

Date Posted: 2/5/2018

Job Snapshot

Job Description

Job Title: Financial Analyst, Business and Planning

Location: M&T Center, Buffalo, NY
  • Provides support for the Commercial Deposit ($25 Billion portfolio) Forecasting and Analytics function through the complex, technical and highly specialized analysis, and reporting of deposit balances and pricing as well as industry trends.
  • Act as project leader on highly visible projects to support strategic and tactical management decisions of the Commercial deposit balance and pricing management.  
Position Responsibilities:
  • Assist in developing and refining highly specialized forecasting, reporting and various ad hoc analysis of the $25 Billion Commercial Deposit Portfolio.
  • Perform analysis to clearly understand the key drivers for changes in deposit balance and pricing trends at various segments/regions.
  • Develop deposit balance retention and pricing strategies by highlighting trends observed through data analysis and industry trend analysis.
  • Prepare recommendations under many “what if” scenarios showing business and financial impacts. Prepare written summary and analysis of all recommendation work, using a combination of word processing and presentation software skills.
  • Research and gather business and financial information regarding business results. Perform complex analyses to support business decisions. Provide feedback to management regarding results. Make recommendations on findings to management.
  • Design and implement complex and highly specialized PC based models to support business decisions, making recommendations to management based on research and financial analysis.
  • Develop a thorough understanding of the business and its functions, processes and operations. Keep abreast of business and market trends which may affect business department.
  • Participate in the planning and implementation of new projects, products, programs, and plans to achieve short and long term business objectives; develop project plans.
  • Act as project leader in the execution of various complex and highly visible projects for the promotion and maintenance of the business.
  • Mine data from a variety of sources; Utilize technical skills to manage data and efficiently conduct analyses.
  • Come up with ideas for additional reports that would be helpful to the group’s decision making process then develop the reports ensuring information is accurate.
  • Develop process enhancements to streamline the routine forecasting and reporting processes and improve efficiency and accuracy.
  • 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 of Scope:
  • The position requires substantial interaction with various lines of business and support areas, including Treasury, Finance, Sales, and Commercial Product in order to obtain pertinent information. The position also requires interaction with senior management.
  • The incumbent works independently under very limited supervision as well as a member or a project leader of a project team.
Minimum Qualification Required:
  • Bachelor’s degree in Finance, Econometrics, Mathematics, Engineering, Computer Science, Statistics, or Business and a minimum of 3 years’ related experience or in lieu of a degree, a combined minimum of 7 years’ higher education and/or work experience including a minimum of 7 years’ related experience
  • Strong knowledge of Microsoft Office suite, especially excel
  • Ability to perform industry research to identify trends
  • Strong quantitative, financial, economic, forecasting, report building, and creative problem solving skills
  • Deadline oriented and results driven
  • Ability to manage multiple projects at one time and prioritizes workflow as necessary
  • Strong interpersonal and communication skills, with an equally strong desire to learn
  • Ability to function as a project leader and to interact effectively with all levels of personnel
  • Proven track record for being able to work autonomously, work within a team environment, exhibiting demonstrated leadership and a strong desire to learn and contribute to a group
Ideal Qualification Preferred:
  • MBA preferred
  • Prior experience in banking or financial services industry
  • Prior experience in Commercial Deposit forecasting, analysis or product management
  • Minimum of 2 years’ proven quantitative or data-oriented experience, including on-the-job use of statistical data analysis and data management environment such as SQL and data visualization software (e.g., Tableau, Qlikview)
  • We encourage candidates with relevant military experience to apply.

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.M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.