This position will support the bank’s Asset-Liability Management functions with a focus on forecasting and reporting interest risk rate, net interest income and net interest margin using QRM – an industry leading balance sheet risk model.
Additionally, the position will support strategic balance sheet planning initiatives, ongoing financial analysis, and ad-hoc analysis/reporting as needed.
The roles and responsibilities include working with business partners to collect, analyze, and load forward looking assumptions for
Net Interest Income and magin simulations at the bank wide level; utilization of QRM to model cash flows of fixed, variable, callable, and other complex financial instruments; assisting in the development, implementation, and maintenance of quantitative behavioral models; generating analysis, and reports on a monthly basis while providing unique insight on inherent risks and opportunities in the banks balance.
Basic Skills Required:
Bachelors Degree with coursework in Finance, Accounting, Economics, Statistics or related field
Familiarity with bank balance sheets including experience with investment securities, loans, deposits, and wholesale funding.
Strong track record of self-motivation, multi-tasking
and functioning in a team based work environment
Strong interpersonal skills, with an equally strong desire to learn
Advanced computer skills and strong knowledge of Microsoft Office - Word, Excel
QRM or alternative Asset-Liability model experience
Experience in mathematical modeling of financial instruments, fixed income analysis, valuation, and budget/forecasting
Understanding of non-interest income and expense drivers.
New York-Buffalo-One M&T Plaza
Jan 30, 2013, 3:08:13 PM
M & T Bank - 10 months ago
M&T Bank is considered one of the country's most highly regarded regional banks. We were founded more than 150 years ago in Western New...