Banking Services Analyst III - Retail Servicing at M&T Bank

Buffalo, New York, United States

M&T Bank Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

  • Bachelor’s degree and a minimum of 2 years’ related experience, OR in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience, including a minimum of 2 years’ related experience
  • Strong analytical skills
  • Strong organizational skills
  • Proficiency with personal computers as well as pertinent word processing and spreadsheet software
  • Strong verbal and written communication skills
  • (Preferred) Prior experience in functional areas supported

Responsibilities

  • Independently leads projects within one or more functional areas of Retail Servicing and represents these areas in cross-functional, high visibility projects involving business partners outside of Retail Servicing
  • Develop and produce mid-complexity departmental reports and spreadsheets, including project or product strategy analyses, historical reporting, work flow analyses and financial analyses for one or more functional areas of Retail Servicing
  • Conduct complex analysis and judgment-based work over multiple disciplines to support Retail Servicing decisions
  • Conduct complex data review, research, and/or reconciliation for assigned areas of Retail Servicing
  • Lead the drafting and/or editing of procedures related to one or more functional areas of Retail Servicing to maintain their currency
  • Lead support provided for departmental audits including user certifications and compliance testing for Retail Servicing
  • Manage the planning, testing and implementing of new projects, systems, products and regulatory changes impacting assigned Retail Servicing team(s)
  • Lead departmental system support, coordinating with internal business partners, external vendors and Technology to address issues for assigned Retail Servicing team(s)
  • Provide functional system knowledge to colleagues within one or more functional areas of Retail Servicing
  • 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 belonging 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

Skills

Excel
Data Analysis
Financial Analysis
Project Management
Regulatory Compliance
Audit Support
System Implementation
Risk Management
Workflow Analysis
Procedure Development

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Buffalo, New YorkHeadquarters
1993Year Founded
IPOCompany Stage
Financial ServicesIndustries
10,001+Employees

Risks

Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.
Integration challenges from the United Bank merger may disrupt operations.
Decreased prime rate could reduce interest income, impacting profitability.

Differentiation

M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.
The bank offers a wide range of traditional and digital banking services.
Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Upsides

M&T Bank's $1.5 billion senior notes offering strengthens its financial position.
Decreased prime rate may attract more borrowers, increasing loan volume.
Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

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