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Senior Treasury Analyst Trader - 3DJDK in Buffalo, NY at M&T Bank

Date Posted: 10/19/2018

Job Snapshot

Job Description

Senior Treasury Analyst Trader

Buffalo, NY

 

 

 

Function:
Assists in the day-to-day management of the Corporation’s fixed income security and wholesale liability portfolios to maintain appropriate on-balance sheet liquidity and interest rate risk.


Responsibilities:
Research, analyze and propose relative value investment and funding trade ideas within policy limitations to senior management.
Assist in managing the Corporation’s fixed income security portfolio by executing tactical trading, analytics and reporting on the portfolio, modeling and analyzing agency Mortgage-Backed Securities (MBS), Collateralized Mortgage Obligations (CMO) and other securities for use in senior management decision-making process, monitoring and opining on MBS, specified pools, coupon swaps, agency swaps and 30 versus 15 year relationships and making specific trade recommendations, all within defined parameters and management approval.
Develop presentations in an understandable manner for use in conveying key elements of fixed income and wholesale liability portfolio management process and strategy to senior management, ALCO (Asset Liability Committee) and ICC (Investment Credit Committee).
Author written commentary on economic, financial markets and regulatory issues and trends affecting the management of the fixed income security and wholesale liability portfolios.
Monitor and understand regulatory, financial market and other financial services industry developments in the financial services industry specific to fixed income markets and prepare summaries for senior management to ensure their awareness of significant issues or changes as appropriate.
Maintain current familiarity with relevant regulatory material including the Liquidity Coverage Rule (LCR), Volcker rule and the standardized approach for Basel III capital, including risk-weightings of securitizations to support activities.
Assist in managing the Corporation’s wholesale liability portfolio by executing wholesale funding trades, analyzing funding sources (i.e. short-term money market, repurchase agreement, brokered deposits, Federal Home Loan Bank (FHLB) advances and debt issuance) and reporting activity to senior management to ensure their awareness.
Work with outside parties, including brokers, bankers, rating agencies, trustees and other third party vendors to assist in managing the fixed income and wholesale liability portfolios.
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 in business or mathematical field or related field and a minimum of 3 years’ buy or sell-side capital markets and/or fixed income experience with extensive knowledge of mortgage backed securities, or lieu in of a degree, a combined minimum of 7 years’ higher education and/or work experience, including a minimum of 3 years’ buy or sell-side capital markets and/or fixed income experience with extensive knowledge of mortgage backed securities
Strong knowledge of pertinent operating systems and spreadsheet software


Preferred Qualifications:
Master’s degree in Business Administration (MBA) or Chartered Financial Analyst (CFA)
Prior Treasury analyst and/or trading experience
Proficient in use of spreadsheet, database, graphing, presentation and department specific software, with a working knowledge of financial models
Visual Basic for Applications (VBA) or similar expertise
Previous experience with Bloomberg and portfolio management/bond modeling software such as Intex, YieldBook or Blackrock GreenPackage
Strong analytical skills, including thorough understanding of stochastic model output (i.e. OAS, OAD, OAC) and nuances of interest rate and prepayment modeling
Proficient in financial products pricing/fair value measurement theory
Current knowledge of a variety of fixed income instruments, including corporate, agency, government, asset and mortgage backed securities and derivatives
Strong verbal and written communication skills
Cross-functional collaboration skills
Detail-oriented
Strong organizational skills
Strong analytical skills
Strong project management skills
Strong problem-solving skills
Ability to provide guidance to less experienced analysts
Familiar with relevant regulatory material including the LCR, Volcker rule and the standardized approach for Basel III capital, including risk-weightings of securitizations

 

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.