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Financial Analyst III - Controller in Buffalo, NY at M&T Bank

Date Posted: 11/29/2018

Job Snapshot

Job Description

Function:
Participate on a team that implements new accounting standards for the Bank including the new Current Expected Credit Loss standard (or “CECL”) which changes the method by which the Allowance for Loan Loss estimate is derived.  Develops and sustains processes for complying with Federal Reserve, SEC and Bank regulations and requirements. Responsible for conducting the most technical, highly complex and critical accounting-based research and analysis projects to provide management with definitive financial data and advice. Complete significant and often complex tasks relating to the implementation of new accounting standards, potential acquisitions, regulatory reporting, and various other tasks.  Provide mentoring to junior staff.

Responsibilities:
Provide significant accounting and operational support throughout the department and organization, ensuring appropriate levels of internal control.

Perform, and at times direct, related projects and highly specialized assignments in support of department initiatives, including the implementation of CECL.

Conduct highly technical and complex accounting-based research and analysis projects to provide management with definitive financial data.   Interpret and analyze financial information and present results directly to senior management.

Prepare data for M&T’s quarterly earnings release and Annual Report to Shareholders.

Improve existing processes and implement new processes and policies within and outside of the department that enhance efficiency and effectiveness.

Develop consistency for all reporting and disclosures and ensure adherence to generally accepted accounting principles (GAAP), M&T accounting policies, SEC disclosure requirements as well as bank regulatory requirements and prepare reports in accordance therewith.

Perform detailed financial analyses utilizing complex modeling scenarios. Work in collaboration with business groups to provide financial analysis in accordance with GAAP.

Interact with specific departments of the Bank such as Credit Administration, Technology, Treasury Modeling, Capital Adequacy, Risk Management and Enterprise Data Office and others to resolve problems and issues, streamline processes, set policies and procedures, and ensure compliance accounting standards and related internal controls, in particular as they relate to Sarbanes-Oxley objectives.

Exercise supervisory and work leadership responsibilities on a project or indirect basis. Provide training, mentorship and work guidance to junior analysts on assignments.

Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.

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.

Promote an environment that supports diversity and reflects the M&T Bank brand.

Complete other related duties as assigned.

Required Qualifications:
Bachelor’s degree in Accounting, Finance, Economics, Audit, Tax or Business related field and a minimum of 3 years’ relevant work experience

Thorough knowledge and application of GAAP or Tax principles

Complex analytical and problem solving skills

Proficient PC skills with a thorough knowledge of spreadsheet, word processing and database software

Strong oral and written communication skills

Ability to work under time constraints while maintaining accuracy

Preferred Qualifications:

MBA
CPA
Financial institution experience
Thorough knowledge of departmental software
Demonstrated team player and work leadership skills
Ability to analyze financial data and identify trends, variations or other factors for further investigation.  Experience with Tableau a plus.
Ability to quickly learn various application systems to readily understand output from those systems.  Experience with SAS a plus.
Ability to clearly organize work and thoughts to efficiently complete assigned tasks, including working on several tasks or projects simultaneously

#LI-RS

About M&T

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.