M&T Bank Corporation

GCM Special Accounts Manager IV - Public Finance - See below for other locations in the footprint

M&T Bank Corporation • $153K — $256K *
Minneapolis, MN 55407Hybrid
Finance & Insurance
8 - 10 years of experience
Reposted 1 week ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree and 9+ years in Global Capital Markets client service or related experience, or equivalent work experience.
  • Proficiency in Microsoft Office and industry-specific software.
  • Extensive experience analyzing and constructing waterfalls and debt service calculations.
  • High competency in reading and interpreting legal documentation.
  • Knowledge of Capital Markets and Corporate Trust.
  • Strong problem-solving and analytical skills.
  • Excellent written and verbal communication skills.

Responsibilities

  • Lead risk and regulatory compliance monitoring for complex accounts and document issues.
  • Analyze intricate financial structures and recommend solutions to identified problems.
  • Administer complex account activities, including contract negotiations and cash flow execution.
  • Oversee projects related to product development and policy improvements.
  • Facilitate strategic discussions to resolve high-stakes issues with minimal risk.
  • Identify opportunities to enhance internal controls and client service efficiency.
  • Represent GCM at legal proceedings and key client meetings, serving as a subject matter expert.

Benefits

  • Opportunities for professional development and mentorship.
  • Access to specialized training and certification programs.
  • Supportive work environment fostering diversity and belonging.
  • Involvement in strategic initiatives shaping the organization's practices.
  • Potential to lead projects and influence high-impact decisions.
Full Job Description
Will consider other locations within the Wilmington Trust footprint, including Costa Mesa, Chicago, Delaware, Baltimore and Buffalo, NY.

Overview:

Leads the most complex and highest risk issues associated with distressed or defaulted accounts across the Global Capital Markets (GCM) business. Identifies and mitigates risks associated with issues and distressed accounts by managing related litigation and bankruptcy efforts, legal issues associated with role and transaction performance, events of default, bankruptcy, subpoenas, servicer terminations and transitions, amendments, settlement agreements and general account or portfolio level issues. Provides leadership and serves as mentor for team.

Primary Responsibilities:
  • Lead activities related to risk and regulatory compliance monitoring for assigned accounts. Document issues and actions ensuring compliance with Department and Company policies, procedures, and guidelines. Manage identified issues and mitigate risk providing support for less experienced team members.
  • Analyze the most complex issues and structures, including governing document review, waterfall reconstruction, and similar calculations to solve problems. Leverage broad and extensive industry, product, and deal structure knowledge to identify root causes of issues and recommend optimal solutions.
  • Complete account administration activities of significant complexity and risk including many financial transaction types, high risk and complex contract negotiation, timely cash flow execution and fee billing, Know Your Customer due diligence activities, internal and external reporting, and tickler management. Leverage deep expertise to deepen relationships and cultivate current and prospective clients and referral sources to uncover opportunities and potential sources of new business.
  • Lead Divisional projects as assigned at a strategic and tactical level related to product development, fee structures, service delivery and policy and procedures. Lead policy and process improvement efforts as required.
  • Lead strategic discussions to drive issues toward resolution while minimizing risk. Lead, or actively influence, difficult and sensitive calls with customers or other deal parties to move issues toward resolution.
  • Work within the business, and possibly lead, efforts to identify opportunities to enhance GCM's control environment, existing and new products, internal coordination and collaboration and client service model and implement enhancements as requested to improve business results, client service and efficiency.
  • Advise and work with management to leverage lessons learned opportunities to drive or influence potential product, policy or procedural changes that may affect GCM's ability to sustain its' control environment and growth to ensure pro-active responses to identified issues.
  • Focus on all aspects of risk identification and mitigation and key drivers of lessons learned knowledge sharing.
  • Represent GCM at transaction closings, attend and chair client meetings and presentations, attend legal proceedings representing company and trusts, including serving as corporate subject matter (30(b)(6) expert witness as required.
  • May represent Global Capital Markets as an industry thought leader or may represent the Bank externally.
  • 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.
  • 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. 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.


Scope of Responsibilities:

May manage and own a specific book of business based on complexity or client needs, including building and maintaining billing practices and hours per assigned goals. Help drive strategies to achieve Department revenue or cost reduction goals. Works directly with external parties, including attorneys, financial advisors, interested parties and alliance and service partners and executives, to monitor, administer, structure, negotiate and/or close GCM relationships and transactions in a timely manner. Mentors team of Account Managers. Functions as a subject matter expert on complex financial transactions.

Supervisory/Managerial Responsibilities:

None

Education and Experience Required:
  • Bachelor's degree and a minimum of 9 years' Global Capital Markets client service, product and/or market related experience, or in lieu of a degree, a combined minimum of 13 years' higher education and/or work experience, including a minimum of 9 years' Global Capital Markets client service, product and/or market related experience
  • Proficiency with personal computers including word processing, presentation, spreadsheet and industry specific software
  • Extensive work experience in analyzing and building waterfalls and debt service calculations
  • Demonstrated high level of competency and proficiency in reading, analyzing, and interpreting legal documents
  • Capital Markets and Corporate Trust knowledge
  • Strong problem-solving skills
  • Excellent verbal and written communication skills
  • Experience handling difficult situations and/or strained relationships with tact and diplomacy
  • Significant experience managing high risk issues that pose threat of adverse impact to business
  • Strong analytical skills


Education and Experience Preferred:
  • Master's in Business Administration (MBA) or Juris Doctor (JD) degree
  • CCTS (Certified Corporate Trust Specialist) certification
  • Strong knowledge of pertinent department-specific software
  • Demonstrated sense of ownership in jobs or projects


Physical Requirements:

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $153,700.00 - $256,100.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location:
Minneapolis, Minnesota, United States of America

About M&T Bank Corporation

M&T Bank is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia, and the District of Columbia. Trust-related services are provided by M&T's Wilmington Trust-affiliated companies and by M&T Bank. M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions, and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company or M&T Bank. M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB."

M&T Bank Corporation Careers

Join the vibrant team at M&T Bank Corporation, a leading financial institution where innovation meets tradition, offering a plethora of job opportunities across various sectors. As one of the most respected banks in the nation, M&T Bank Corporation is the perfect place to jumpstart or advance your career in the financial services industry.

Work You’ll Do

At M&T Bank Corporation, you will be part of a culture that cherishes diversity, leadership, and professional growth. Engage in work that makes a real difference in the community while fostering your career development through comprehensive training programs and diverse learning opportunities.

Innovate and Lead

Embrace the chance to work on projects that integrate cutting-edge financial technologies with robust, traditional banking practices. M&T Bank Corporation is at the forefront of the financial industry, offering innovative solutions that redefine banking standards. Our leadership in the market is driven by a commitment to excellence and continuous improvement.

Career Growth and Opportunities

Whether you are looking for an entry-level position or a more senior role, M&T Bank Corporation provides a dynamic pathway for career advancement. With a variety of job opportunities ranging from internships to full-time positions, you can find the perfect match for your skills and ambitions. Our team is dedicated to helping you navigate your career path with tailored development plans and leadership training.

Join Our Team

Explore job opportunities and join a team that values hard work, creativity, and strategic thinking. M&T Bank Corporation is hiring professionals who are passionate about finance and eager to contribute to a team-oriented environment. Enhance your skills through hands-on experience and ongoing professional development.

Networking and Professional Development

At M&T Bank Corporation, networking and professional development are part of our DNA. Connect with industry leaders, participate in high-impact networking events, and take advantage of our mentorship programs. Our employees benefit from a supportive network that boosts their career trajectories and fosters meaningful professional relationships.

Benefits and Culture

Enjoy a comprehensive benefits package that supports both your professional and personal life. M&T Bank Corporation offers competitive salaries, health benefits, and retirement plans designed to ensure the well-being of our team members and their families. Experience a supportive and inclusive culture where every employee is valued and given the opportunity to thrive.

How to Apply

Ready to take the next step in your career? Visit the M&T Bank Corporation Careers page to browse current openings, submit your resume, and prepare for your interview. We are excited to see how your skills and ideas can contribute to our continued growth and success.

Stay Connected

Keep up to date with the latest from M&T Bank Corporation by following our careers blog. Gain insights from our experts and stay informed about new job openings and upcoming networking events. Join M&T Bank Corporation today and be part of a team that is dedicated to growth, innovation, and leadership in the banking industry. Your future starts here!
Learn more about M&T Bank Corporation
Size
17,115 employees
Market Cap
$25.2 billion
Industry
Finance & Insurance
Net Income
$1.3 billion
Founded
1868
5 Year Trend
+0.2%
NASDAQ
MTB
* Ladders Estimates

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