Counterparty Credit Risk Team Lead at M&T Bank

Buffalo, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Bachelor’s Degree in Finance or Accounting and a minimum of 7 years of Credit Administration, credit risk, finance, or business analytic experience
Knowledge of Microsoft Excel, Access, SQL
Experience with Bank Accounting Systems
Knowledge of Banking/Lending Regulations
Comfort interacting with all levels of management and external regulators
Excellent written and verbal communication skills
7 years' experience preparing written documentation and/or papers / publications
2 years’ management/supervisory experience

Responsibilities

Partner with various areas within the bank to actively engage in discussions on current portfolio tracking and business observations and devise strategies to monitor and address potential portfolio risks
Review material counterparty exposures and collateral balances
Conduct forward-looking analytics, including leveraging modeling and/or statistical tools, to identify pockets of CCR
Analyze stress testing results and enhance existing stress testing framework
Perform SACCR and CVA analysis and present in committee meetings
Develop and monitor and review XVA limit framework
Monitor CCR analytics for large DoD and MoM moves in PFE
Analyze/validate exposures (PFE) for any limit triggers and credit limit breaches
Conduct CCR portfolio segmentation analysis using financial, demographic, behavioral, market and economic data as appropriate
Leverage market intelligence, including macroeconomic data, capital and equity market trends and other industry information to supplement portfolio analysis and to identify market trends that could be detrimental to the portfolio
Perform credit limit sizing and define maximum tenor limits
Provide month-end commentary for large exposure moves in material exposures, for industry/country exposures, for product exposure analysis across IR, FX and non-derivative transactions
Provide CCR slides for senior management discussion and risk governance committees
Perform wrong way risk analysis for counterparties and enhance existing collateral framework
Develop expertise around various Bank regulatory requirements. Regularly present portfolio risk summaries and dashboards to management and governance committees
Participate in cross-functional teams as SME for enterprise projects such as CCAR, ACL, Enterprise Data Warehouse, systems implementation, etc
Train, develop, mentor, and motivate team members to enable them to perform at a high level
Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies
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

Key technologies and capabilities for this role

Counterparty Credit RiskSACCRCVAXVAPFEStress TestingStatistical ModelingData AnalysisKRIsTrend AnalysisPortfolio SegmentationMacroeconomic Analysis

Questions & Answers

Common questions about this position

Is this a remote position or does it require office work?

This information is not specified in the job description.

What salary or compensation details are provided for this role?

This information is not specified in the job description.

What key skills and responsibilities are required for the Counterparty Credit Risk Team Lead role?

The role requires expertise in counterparty credit risk monitoring, high complexity data analysis, statistical and modeling-based tools, stress testing, SACCR and CVA analysis, XVA limit framework, and forward-looking analytics using financial, market, and economic data.

What does the team structure look like for this position?

The role involves directly overseeing a team of analysts, including training, developing, mentoring, motivating team members, and exercising authority on staffing, performance appraisals, promotions, and salary recommendations.

What makes a strong candidate for the Counterparty Credit Risk Team Lead position?

Strong candidates will have deep risk experience in counterparty credit, business knowledge linking bank performance to macroeconomic factors, leadership skills to oversee and develop a team of analysts, and the ability to present complex analytics to senior management and committees.

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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