Foreign Exchange Treasury Operations Specialist

2 weeks ago


Amherst, Massachusetts, United States M&T Bank Full time

Work Arrangement/Location: This position operates in a hybrid model, requiring in-office attendance three (3) days a week.

Overview:

The role entails providing analytical, operational, and project-based support across various sectors of Treasury Operations. The incumbent will be responsible for the daily reconciliation of Foreign Currency Accounts and will collaborate with the investigations team, as well as assist with assigned testing and projects.

Key Responsibilities:

  • Generate and compile departmental reports and spreadsheets, which may include project or product strategy evaluations, historical data reporting, workflow assessments, and financial analyses pertinent to Treasury Operations.
  • Perform complex analyses and judgment-based tasks within closely related disciplines to facilitate informed decision-making in Treasury Operations.
  • Conduct detailed data reviews, research, and reconciliations for designated areas within Treasury Operations.
  • Draft and revise operational procedures for various functional areas within Treasury Operations to ensure they remain current.
  • Assist with audits, user certifications, and compliance evaluations for Treasury Operations.
  • Lead and engage in the planning, testing, and implementation of new projects, systems, products, and regulatory changes affecting the Treasury Operations teams.
  • Provide technical troubleshooting support and coordinate with internal business partners, external vendors, and Technology to resolve issues for the Treasury Operations teams.
  • Comprehend and adhere to the organization's risk and regulatory standards, policies, and controls in alignment with the Company’s Risk Appetite. Identify and escalate risk-related concerns to management.
  • Foster an inclusive environment that promotes diversity and reflects the values of M&T Bank.
  • Uphold M&T's internal control standards, ensuring timely resolution of internal and external audit findings along with any issues raised by external regulators.
  • Perform additional related duties as assigned.

Required Education and Experience:

  • Associate's degree with a minimum of 3 years of relevant experience, or a combined total of 5 years of higher education and/or work experience, including at least 3 years of related experience.
  • Demonstrated analytical capabilities.
  • Strong research skills, particularly in reconciling variances or investigatory items.
  • Excellent organizational abilities.
  • Proficiency in personal computing, including relevant word processing and spreadsheet applications.
  • Effective verbal and written communication skills.

Preferred Education and Experience:

  • Bachelor's degree or equivalent work experience.
  • Prior experience in the supported functional area (foreign exchange).
  • Experience with Foreign Currency Accounts Reconciliation is advantageous.
  • Application testing experience is a plus.

Compensation: M&T Bank is dedicated to offering fair, competitive, and market-informed compensation for our employees.



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