Career Search

Operations Associate IV-Trust Processing & Research - 3DKQO in Williamsville, NY at M&T Bank

Date Posted: 9/10/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    9/10/2018
  • Job ID:
    3DKQO

Job Description

Function:
Responsible for daily trade processing to trust operation functions by providing operational support to the WISD division of M&T Bank/Wilmington Trust and its clients. Operational functions include but are not limited to: posting, maintaining and processing asset, cash and security related transactions. Comply with all MTB policies, in addition to compliance with Wilmington Trust Security Industry & Trust Fiduciary regulations.
Responsibilities:
Trade processors will perform and confirm report preparation and research three times a day, along with preparing and distributing external fail reports. This will include equities, MBS and fixed income security types. Work with outside Investment Managers or internal traders to process executed trades for our clients. Resolve failing trades and research trade discrepancies. Provide research and resolution for trade related inquiries received via phone or group email.

Monitor the group mailbox for incoming work and inquiries
Conduct independent verification of transactional activity processed by other team members
Interpret data received from internal/external parties in order to process moderately complex transactions with a sense of urgency
Identify and report all risk and compliance issues, breaches and suspicious activities
Prioritize and manage own workload to meet service level agreements and internal service delivery standards
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.
Required Qualifications:
Bachelor’s Degree, or in lieu of a degree, a combined minimum of 4 year’ higher education and/or work experience
Effective communication skills
Attention to detail and good organizational skills
Strong math skills
Knowledge of Microsoft Office including Excel
Preferred Qualifications:
Bachelor’s degree in Business/Finance/Accounting
2 years Securities industry experience
Knowledge of Trust accounting systems
Knowledge of accounting principles as needed by job
Knowledge of M&T systems
Ability to work under time constraints

 

We encourage candidates with relevant military experience to apply.

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.