Full-Time

Global Capital Markets Payments and F/X Associate

Posted on 1/15/2025

M&T Bank

M&T Bank

10,001+ employees

Full-service banking for individuals and businesses

Financial Services

Compensation Overview

$27.24 - $45.4Hourly

Mid

Wilmington, DE, USA

Category
Risk Management
Sales & Trading
Finance & Banking
Required Skills
Risk Management
Customer Service
Requirements
  • Associate’s degree and a minimum of 3 years relevant experience or in lieu of a degree, a combined minimum of 5 years higher education and/or related work experience.
  • Experienced in processing new account setups, adjustments to existing accounts, transfers of ownership and/or formation of payments through data entry for Corporate Trust customers
  • Strong problem-solving skills
  • Strong written and verbal communication skills
  • Strong Customer Service skills
  • Prior experience operating in a team environment
  • Experience using pertinent word processing and spreadsheet software
  • Willing to work a flexible schedule as needed
Responsibilities
  • Understand the Foreign Exchange process and be familiar with processing payment in various currencies.
  • Process new account setups, adjustments to existing accounts, transfers of ownership and/or formation of payments through data entry for Corporate Trust customers, ensuring timeliness and accuracy of all work.
  • Respond to client requests by phone, service ticket and email which vary in complexity for resolution
  • Performs specific functional or operational tasks of advanced complexity transactions.
  • Carries out tasks in a timely and controlled fashion.
  • Adheres to policies and procedures for assigned functional tasks.
  • Collaborates with management, internal partners, relationship management, and transaction management to ensure proper controls are in place for assigned functional group.
  • Responsible for learning and understanding daily tasks, processes and controls for assigned functional group.
  • Escalates and resolves issues that may arise within functional area in coordination with managers and other appropriate parties (i.e. RM, TM, sales)
  • Shadows Relationship Managers or Transaction Managers for further career and knowledge development
  • Serve as client point of contact per functional role; make recommendations for services to correct and/or enhance the client experience. Resolve problems and respond to client requests in a timely manner.
  • High level knowledge of and developed skillsets in functional capabilities (e.g., payments) for applicable products.
  • Manage relationships with internal and external service partners and clients; assess issues requiring immediate attention in a timely manner and drive the resolution of identified issues through the normal course of business utilizing available resources.
  • Demonstrate an in-depth knowledge of corporate policies and procedures related to the administrative role.
  • Provide and maintain appropriate levels of controls to minimize losses.
  • Provide effective support, coaching and/or mentoring of any assigned team associates.
  • 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 & WTNA 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.
Desired Qualifications
  • Bachelor’s degree in Business, Finance or Accounting
  • Understand the Foreign exchange process and be familiar with processing payment in various currencies
  • Ability to work under time constraints
  • Online application support experience
  • Knowledge of Bank systems
  • Knowledge of Bank culture
  • Detail-oriented

M&T Bank provides a variety of banking services to individuals, small businesses, and larger enterprises. Its offerings include mortgage assistance programs, personal and business checking accounts, and mobile banking solutions. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a customer-focused approach. M&T Bank's business model is based on traditional banking services such as loans, deposits, and investment products, generating revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded its services and market presence.

Company Stage

IPO

Total Funding

N/A

Headquarters

Buffalo, New York

Founded

1993

Simplify Jobs

Simplify's Take

What believers are saying

  • M&T Bank's $1.5 billion senior notes offering strengthens its financial position.
  • Decreased prime rate may attract more borrowers, increasing loan volume.
  • Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

What critics are saying

  • Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.
  • Integration challenges from the United Bank merger may disrupt operations.
  • Decreased prime rate could reduce interest income, impacting profitability.

What makes M&T Bank unique

  • M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.
  • The bank offers a wide range of traditional and digital banking services.
  • Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

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Benefits

401(k) Company Match

401(k) Retirement Plan

Flexible Work Hours

Hybrid Work Options

Paid Vacation

Paid Holidays

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account