M&T Bank Treasury Capital Markets Trader in Buffalo, New York
Executes trading activities within the Treasury Capital Markets Desks. Focuses on trades involving foreign currency and or interest rate derivative products. Manages positions and execution with Street counterparties for foreign exchange and interest rate hedging transactions. Ensures the Bank has adequate liquidity and market access to execute commercial customer business in the foreign exchange and interest rate markets. Maintains compliance with Volcker rule and Dodd-Frank Title VII regulatory requirements.
Manage the Bank's foreign exchange and interest rate derivatives risk resulting from corporate transactions across all product, including but not limited to, macro hedging the Bank's forward foreign exchange book, and laying off associated risk arising from the Commercial Bank's customer’s use of interest rate derivative products. Assist in managing external trading systems with Bloomberg, EBS and dealer platforms as well as the internal Spectrum system to execute foreign exchange transactions. Assist in maintaining dealer relationships to facilitate transactions and receive market color and advice on unique or unusual transactions.
Execute and manage transactions to ensure all trading limits and risk policy limits are adhered to. Design, implement, maintain, challenge and enhance internal controls to mitigate risk on an ongoing basis. Identify potential risk-related issues needing escalation to management. Maintain timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
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 diversity 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.
Scope of Responsibilities:
Education and Experience Required:
Bachelor’s degree in Accounting, Finance, Economics or related field and a minimum of 3 years’ financial products sales experience, or in lieu of degree, a combined minimum of 7 years’ higher education and/or work experience, including a minimum of 3 years’ financial product sales experience
Strong quantitative skills
Strong financial skills
Strong economic skills
Strong analytical skills
Strong presentation skills
Excellent verbal and written communication skills
Knowledge of relevant analytical software packages including Bloomberg, etc.
Knowledge of product, marketing and credit processes related to Capital Markets businesses
Extensive knowledge of economics and fixed income and derivatives markets
Education and Experience Preferred:
Master’s degree in Business Administration (MBA) or Chartered Financial Analyst (CFA) charter holder
Minimum of 6 years’ financial product sales experience
Minimum of 3 years’ corporate banking experience
Buffalo, New York, United States of America
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.