Overview:

The Profitability Governance Financial Analysis Consultant is responsible for establishing, overseeing and continuously enhancing the bank’s profitability governance framework. This role ensures that methodologies, allocations, reporting and decision-making tools used in profitability measurement are accurate, transparent and aligned with regulatory standards and M&T’s strategic objectives. Conducts advanced financial research and insightful analysis on multifaceted projects independently. Provides comprehensive advice and options to management for use in setting and realizing strategic objectives. Leads innovative solutions and/or delivers solutions in a fast-changing environment.  Maintains current awareness of business and market trends that may affect the business/department. 

Primary Responsibilities:

• Develop, implement and maintain the bank’s profitability governance policies, standards and processes
• Validate financial results to ensure governance controls are embedded in reporting processes
• Act as a trusted advisor to senior leadership by providing insights into business-line performance, cost allocations and capital efficiency
• Provide actionable insights to senior management on drivers of profitability, business-line performance and opportunities for optimization
• Educate and influence others to promote consistent understanding and adoption of profitability methodologies
• Maintain M&T’s internal control standards through the documentation of methodologies, assumptions and governance decisions for audit and regulatory reviews
• Assist in the development and documentation of profitability methodology as part of a profitability system transition
• Complete detailed and interpretative financial analyses utilizing complex financial tools to demonstrate scenarios and activities.
• Accountable for accuracy and quality of work products within discipline.  Demonstrate strong knowledge of finance and accounting concepts through the aggregation of financial data.
• Display a strong understanding of the Bank’s or applicable business units’ financial statements, including awareness of key drivers and trends in major balance sheet and income statement line items.
• 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.
• Complete other related duties as assigned

Supervisory/ Managerial Responsibilities:

May have indirect supervisory responsibilities and mentor and develop less experienced staff 

Education and Experience Required:

Bachelor's degree and a minimum of 7 years’ accounting, auditing, operations, and/or financial institutions experience, or in lieu of a degree, a combined minimum of 11 years’ higher education and/or work experience, including a minimum of 7 years’ accounting, auditing, operations, and/or financial institutions experience

Experience providing financial analysis for monthly and strategic multi-year forecasts

Experience providing financial analysis for annual budgets

Experience in enterprise-level financial performance measurement framework

Strong understanding of financial concepts and theory and how it relates to profitability reporting

Strong persuasion skills

Education and Experience Preferred:

Advanced degree

Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), or other pertinent professional certification  

Broad and comprehensive understanding of theories and practices in finance and accounting within the banking industry

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M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $107,500.00 - $179,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Buffalo, New York, United States of America