GCM Client Accountant I - UK at M&T Bank

London, England, United Kingdom

M&T Bank Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

  • Bachelor's degree in Accounting or related field with a minimum of 3 years’ accounting experience, or in lieu of a degree, a combined minimum of 7 years’ higher education and/or work experience, including a minimum of 3 years’ relevant work experience in practice or with a Financial Accounting/Operations Team
  • Association of Chartered Certified Accountants (ACCA) or Chartered Institute of Management Accountants (CIMA) qualified
  • Experience in the application of Generally Accepted Accounting Principles (GAAP) principles
  • Experience in the application of International Financial Reporting Standards (IFRS) Accounting Standards
  • Proficient in the use of Personal Computers including word processing, spreadsheet, presentations and industry-specific software
  • Experience working with Financial Controls
  • Detail oriented
  • Ability to understand financial risk and use it to critically appraise processes and influence decisions
  • Outstanding written and verbal communications skills
  • Experience coaching less experienced accounting staff

Responsibilities

  • Serve as key contact with clients ensuring high levels of service delivery in line with the Company Service Level Agreement (SLA)
  • Build and maintain strong relationships with clients to support key interactions, escalating where appropriate
  • Prepare annual financial statements adhering to strict deadlines and regulatory standards
  • Complete monthly and quarterly management accounts adhering to strict deadlines and regulatory standards
  • Ensure all client deliverables including tax filing, regulatory and ad-hoc reporting are completed in accordance with regulatory and SLA requirements
  • Ensure all client queries are addressed in a timely manner
  • Provide guidance to less experienced personnel
  • Work with client auditors, lawyers and other transaction parties and advisors where applicable
  • Assist in the improvement and implementation of processes for various product lines to enhance the efficiency and effectiveness of the department
  • Support creation of business and functional requirement documents; test and implement new requirements
  • Coordinate with the Company Secretariat to ensure secretarial filings are submitted within statutory deadlines
  • Work closely with the relevant product line or client development team to fulfill general administration for the client portfolio
  • Participate in special projects as required including the assessment of new legislation relevant to client SPVs
  • Participate in client accounting service reviews and due diligence meetings
  • 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

Financial Statements
Management Accounts
Tax Filing
Audit Coordination
Regulatory Compliance
Company Secretariat
Board Meeting Management
SLA Management
Process Improvement
Regulatory Reporting

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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