Overview:

Provides research and analysis to address reconciliation inquiries, monitor and report on identified exceptions, calculation discrepancies and/or provide project support to business partners, clients and bondholders. 

Primary Responsibilities:

• Understand Corporate Trust Operations team’s processes, procedures and system functionality to update and improve existing operational controls and gaps, as required.
• Review the Company’s accounting transaction documentation for completeness and accuracy and research account variances and ensure they are resolved timely.  Balance worksheet total and reconcile transactions to ledger accounts.
• Research and resolve complex operational and/or calculation discrepancies in response to bondholder and business partner inquiries.
• Provide support on projects impacting the Corporate Trust Operations team, including but not limited to, developing test plans, strategies and scripts and independently testing system releases and enhancements.
• Identify control gaps through oversight of daily operational processes; research solutions that enhance the control environment.
• Ensure regulatory deadlines and department guidelines are met for operational processing to protect Company interests and retain and expand customer relationships.
• 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.

Education and Experience Required:

Bachelor’s degree and a minimum of 1 years’ relevant experience,

OR in lieu of a degree,

A combined minimum of 5 years’ higher education and/or work experience, including a minimum of 1 years’ relevant experience

Proficiency with personal computers as well as pertinent spreadsheet, word processing and email software

Strong analytical skills

Strong problem-solving skills

Strong written and verbal communication skills

Strong organizational skills

Strong interpersonal skills

Detail-oriented

Education and Experience Preferred:

Financial services experience

Securities knowledge

Ability to work under time constraints while maintaining accuracy

Ability to partner with various stakeholders

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $27.24 - $45.40 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Wilmington, Delaware, United States of America