Title: Director, Treasury Risk
Job Location: One M&T Plaza, Buffalo, NY 14203. Position requires in-office work four (4) days every week.
Job Description: Manage all interactions with Corporate Treasury (first line of defense), internal audit, and primary regulators. Develop, review and maintain risk management processes and procedures for governance and oversight of the Firm’s asset/liability risk management practice. Review interest rate risk management strategies that position the balance sheet to benefit from movements in interest rates whenever appropriate risk/return opportunities are present taking into consideration the impact of earning stability. Periodically evaluate the Bank’s market risk position and communicate in a timely fashion on any change in trends or emerging risks Actively participate and serve on the Corporation’s Asset/Liability Committee. Provide leadership and oversight to the Treasury Risk Management Oversight (“TRMO”) group. Ensure processes and procedures for governance are appropriate and regulatory and reputation risks are minimized. Provide insight, recommendations, and deliver timely information and reporting on Interest Rate, Liquidity Risk and Market Risk topics to the CRO and the Risk Committee of the Board. Oversee and ensure successful integration of acquisitions from a TRMO perspective. Ensure appropriate processes are in place to measure and report risk position. Oversee development of the annual plan for TRMO and ensure results meet or exceed plan, while fully complying with Bank standards. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management. Represent the Bank in the community, including membership on external boards, committees and industry associations, as well as with government and regulatory bodies. Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations. Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. 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.
Minimum requirements: Master’s degree (or foreign equivalent) in Accounting, Business Administration, Finance, Economics, Engineering or a related STEM or technical field plus seven (7) years of experience in the job offered or as Treasurer, Assistant Treasurer, Head of Liquidity & Funding, Head of Market Risk, or related occupation. The employer will alternatively accept a Bachelor’s degree (or foreign equivalent) in Accounting, Business Administration, Finance, Economics, Engineering or a related STEM or technical field plus thirteen (13) years of experience in the job offered or as Treasurer, Assistant Treasurer, Head of Liquidity & Funding, Head of Market Risk, or related occupation. Must have CPA or CFA license.
Requires four (4) years of experience with Liquidity Risk Management, including four (4) years of experience with each of the following:
- Banking treasury activities, including working experience with monitoring funding through FHLB, Deposit Window, and other methods to ensure compliance with liquidity ratios, LCR, and NSFR.
- Experience with Treasury liquidity policies and framework, including experience with ILST processes.
- Liquid assets securities portfolio management for liquidity risk metrics compliance for retail and wholesale banking portfolio, ensuring diversification, and assets/securities mix.
Requires four (4) years of experience with Recovery and Resolution Planning, including four (4) years of experience with each of the following:
- Experience with recovery and resolution planning, and funding and liquidity management during stressed market conditions. This includes an understanding of policies and procedures, regulatory expectations, and a bank’s governance and escalation protocols.
Requires four (4) years of experience with Interest Rate Risk Management, including four (4) years of experience with each of the following:
- Market risk management, hedging instruments, and EVE management (duration/convexity management). Supporting activities by monitoring and reviewing cashflow positions to manage a bank’s key rate duration profile, net interest income and margin.
- Working knowledge of policies and framework related to interest rate risk management practices within treasury, including asset and liability management, interest rate risk management, market risk management.
- Understanding of capital markets-related functions, including derivatives management, MSR, match book funding, macro and foreign exchange hedging.
Salary: $285,000.00 – $295,000.00 per year
LocationBuffalo, New York, United States of AmericaSkills Required
- Master's degree or foreign equivalent in Accounting, Business Administration, Finance, Economics, Engineering, or a related STEM or technical field
- Seven years of experience in the job offered, as Treasurer, Assistant Treasurer, Head of Liquidity and Funding, Head of Market Risk, or a related occupation
- Bachelor's degree or foreign equivalent in Accounting, Business Administration, Finance, Economics, Engineering, or a related STEM or technical field
- Thirteen years of experience in the job offered, as Treasurer, Assistant Treasurer, Head of Liquidity and Funding, Head of Market Risk, or a related occupation, when using the bachelor's degree alternative
- CPA or CFA license
- Four years of experience with Liquidity Risk Management
- Four years of experience with banking treasury activities, including FHLB and Deposit Window funding, liquidity ratios, LCR, and NSFR
- Four years of experience with Treasury liquidity policies and frameworks, including ILST processes
- Four years of experience managing liquid-assets securities portfolios for liquidity risk metrics, diversification, and asset or securities mix
- Four years of experience with recovery and resolution planning, including funding and liquidity management during stressed market conditions
- Four years of experience with interest rate risk management
- Four years of experience with market risk management, hedging instruments, EVE management, cashflow monitoring, key rate duration, net interest income, and margin
- Four years of experience with Treasury interest rate risk policies and frameworks, asset and liability management, and market risk management
- Four years of experience with capital markets functions, derivatives management, MSR, match book funding, macro hedging, and foreign exchange hedging
- Ability to work in-office four days per week in Buffalo, New York
M&T Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&T Bank and has not been reviewed or approved by M&T Bank.
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Retirement Support — Retirement benefits are positioned as a strong pillar, including a 401(k) match and the possibility of an additional employer contribution, plus access to an employee stock purchase plan.
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Leave & Time Off Breadth — Time-off offerings are framed as competitive, with a flexible PTO approach and paid volunteer time called out as a meaningful add-on to standard leave.
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Wellbeing & Lifestyle Benefits — Wellbeing support appears comparatively robust, highlighted by mental-health therapy/coaching sessions and broader wellness programming alongside community-oriented perks.
M&T Bank Insights
What We Do
M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
