Full-Time

Operations Associate IV-Payment Services Telephone Unit

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

$22.66 - $37.76Hourly

Mid

Bridgeport, CT, USA

Category
Quality Control & Compliance
Supply Chain Management
Operations & Logistics
Required Skills
Risk Management
iOS/Swift
Requirements
  • High school and a minimum of 3 years’ general work experience
Responsibilities
  • Research and complete complex wire-related transactions on a daily basis to ensure accurate and timely transfer of funds, inclusive of engaging in domestic and international wire troubleshooting, monitoring overdraft transactions, processing incoming wire transactions, including return of erroneous incoming wires, processing and verifying customer wire templates and completing advanced account reconciliations.
  • Review and process regulatory reports and departmental application re-certifications to ensure compliance with Federal regulations and Bank policies.
  • Execute system and physical security validations on an annual basis, using SWIFT Customer Security Program control guidelines.
  • Monitor internal and external departmental email mailboxes on a daily basis, seeking to answer customer inquiries and resolve problems in a timely manner.
  • Write and maintain department operational procedures to promote effective training and compliance with Bank policies.
  • 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.
Desired Qualifications
  • Minimum of 1 years’ Bank operations experience

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