Job Information
M&T Bank Corporate Trust Control & Reporting Associate (Hybrid - Wilmington, DE) in Wilmington, Delaware
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
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.