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Operations Associate V - Corporate Reorganization Processor - 3DLOE in Williamsville, NY at M&T Bank

Date Posted: 11/2/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/2/2018
  • Job ID:
    3DLOE

Job Description

Function:
This position is responsible for daily tasks 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. Responsible for the processing of account balancing as well as other various daily, monthly, quarterly, semi-annual and annual tasks. Comply with all MTB policies, in addition to compliance with Wilmington Trust Security Industry & Trust Fiduciary regulations. Responsible to maintain VPN connectivity and work remotely to support Wilmington Line of Business as required by circumstance
Responsibilities:
Resolve problems with transactions by communicating directly with internal financial advisors, investment managers and third parties. Responsible for working with Middle and Front Office to resolve problems with requests submitted.
Responsible for balancing, reporting, and researching all exception items that settle through various depositories, general ledger and house accounts
Processes and records complex transactions relating to investment cash and assets amongst accounts according to applicable policies and procedures
Monitor the group mailbox for incoming work and inquiries
Conduct independent verification of transactional activity processed by other team members
Work with Management to identify trends and make process improvement recommendations
Interpret data received from internal/external parties in order to process highly 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
Provide training, coaching, development and feedback to new and junior team members
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 and 1 year financial services work experience, or in lieu of a degree, a combined minimum of 5 years’ related higher education and/or work experience, including a minimum of 1 year financial services 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
1 years Securities industry experience and/or Trust Operations experience
Knowledge of Trust accounting systems
Previous experience applying 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.