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Senior Finance Manager - Corporate Finance

Employer
M&T Bank
Location
Wilmington, Delaware, United States
Closing date
Sep 27, 2021

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Job Role
Finance Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Overview:

Corporate Finance's objective is to provide analysis to assist management in
maximizing stockholders' value, while ensuring compliance with external and internal requirements for bank capital. This is achieved by following a disciplined investment approach when evaluating either an external opportunity for acquisition or an internal capital investment in long term projects.

The Senior Finance Manager will manage a team of financial managers who are responsible for supporting the financial analysis activities of major segments of the Bank or for Bank-wide initiatives and programs. Contributes to strategic direction to business line and bank on emerging opportunities and issues as well as developing structure to resolve complex problems. Participate in analysis and provide guidance on investment and project decisions for the business line and the bank.

Primary Responsibilities:
  • Directs managers and analysts who are responsible for operations and projects relating to the financial status for the organization, major segments, or Bank-wide initiatives/functions.
  • Work with senior and executive managers to identify emerging opportunities and issues to improve the organization's growth and profitability through revenue enhancements, process/system improvements, cost management, capital management and risk management.
  • Participate in the development and implementation of Finance department goals, contributing to strategic decisions with a comprehensive understanding of the business line or program as well as knowledge of industry/competitor strategies.
  • Coach and develop junior managers for a sustainable bench-strength and resource planning.
  • 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. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. 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.

Supervisory/ Managerial Responsibilities:

Full supervisory, development of team through professional leadership. Possess ability to direct/persuade/influence across division and peers throughout the bank.

Education and Experience Required:
  • Bachelor's degree and a minimum 9 years' experience in Finance, Business or a related field with 3 years' managerial experience or in lieu of a degree, a combined minimum of 13 years' higher education and/or work experience with 3 years' managerial experience
  • Advanced knowledge of word processing, presentation, spreadsheet, and other Business Intelligence software
  • Experience in enterprise level financial performance measurement framework
  • Thorough knowledge of project management concepts and applications
  • Strong analytical ability and problem-solving skills including basic knowledge of accounting principles
  • Excellent written and verbal communication skills
  • Solid knowledge and understanding of the bank's financial information systems and financial concepts
  • In-depth knowledge of the banking industry
  • Solid proven leadership/managerial ability

Education and Experience Preferred:
  • Advanced degree in Finance, Accounting, or Business Administration or CMA
  • Experience in financial planning and analysis, accounting, strategic planning with financial services industry
  • Experience in Corporate Finance within Banking


Location

Wilmington, Delaware, United States of America

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