Director, Treasury Risk

Location: One M&T Plaza, Buffalo, New York, United States; in-office work required four days per week.

Salary: $285,000–$295,000 per year

Company

M&T Bank is a banking organization requiring robust treasury, risk management, governance, and regulatory controls.

What you will do

• Manage interactions with Corporate Treasury, internal audit, primary regulators, the CRO, and the Board Risk Committee.
• Develop and maintain governance, oversight, procedures, and internal controls for asset/liability and treasury risk management.
• Evaluate interest rate, liquidity, and market risk positions, strategies, trends, and emerging risks.
• Participate in the Corporation’s Asset/Liability Committee and lead the Treasury Risk Management Oversight group.
• Oversee risk reporting, annual planning, acquisition integration, audit remediation, and escalation of risk issues.
• Represent the bank with regulators, government bodies, industry associations, external boards, and committees.

Requirements

• Master’s degree in Accounting, Business Administration, Finance, Economics, Engineering, or a related STEM or technical field plus 7 years of relevant experience; alternatively, a bachelor’s degree plus 13 years of relevant experience.
• CPA or CFA license required.
• At least 4 years of liquidity risk management experience, including banking treasury activities, liquidity policies and frameworks, ILST processes, and liquid-assets portfolio management.
• At least 4 years of recovery and resolution planning experience, including funding and liquidity management during stressed market conditions.
• At least 4 years of interest rate risk management experience, including market risk, hedging instruments, EVE, duration and convexity management, cash-flow monitoring, and net interest income analysis.
• Knowledge of asset/liability management, derivatives, MSR, match-book funding, macro hedging, and foreign-exchange hedging.

Culture & Benefits

• Work is performed in an in-office banking environment four days each week.
• Responsibilities include adherence to company risk appetite, regulatory standards, internal controls, and audit requirements.
• The role includes managerial authority over staffing, performance reviews, promotions, compensation recommendations, performance management, and terminations.