Shared Services Centralized Disbursement Approval Associate (Hybrid)

Overview: Supports the ICS disbursement process for the Global Capital Market and Retirement businesses and their diverse institutional products by validating that funds to be distributed are appropriate per ICS product serviced. Responsibilities include the validation of high-risk client disbursement payment instructions and client disbursement approval process requiring heightened authentication and analysis, expanded use of judgment and, completion of exception processing and research tasks. Primary Responsibilities: Analyze and interpret inputs of disbursement requests as designated to determine course of action for compliant finalization Partner in the collecting and processing of information required to support the client disbursement process resulting in consistent adherence to disbursement procedures and accurate payments Execute the client disbursement approval requests and review complex disbursement-related transaction detail on a daily basis to ensure accurate and timely transfer of funds Complete reviews and validations of documentation submitted when requesting approval of client disbursements leaving the bank Communicate with internal and external business partners and related service partners as required. Interact with First and Second Lines of Risk management, Financial Crimes team and management to process domestic and international disbursement transfer payments ensuring fields are properly formatted Validate appropriateness and perform authentication of requests, escalate non-standard or high risk exceptions to more experienced personnel as appropriate Identify and report all risk, client issues and suspicious activities to management Prioritize and manage own workload to meet service level agreements and internal service delivery standards Support and make recommendations to strengthen and improve business processes within the area 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 Scope of Responsibilities: This position is within the Shared Services team. Successful completion of the Authentication Approver Training and assessment is mandatory prior to performing in the role. Nature of work at peak times may result in completion of responsibilities extending outside of standard business hours. Role requires ability to manage multiple priorities throughout the day as required. Incumbent will be expected to have awareness of industry fraud trends. Supervisory/Managerial Responsibilities: None Education and Experience Required: Associate?s degree and a minimum of 3 years' relevant work experience or in lieu of a degree a combined minimum of 5 years higher education and/or work experience, including a minimum of 3 years' relevant experience Demonstrated problem-solving skills Competency in area of Risk/Compliance/Audit Ability and willingness to build a knowledge base of the diverse products being supported Ability to apply a holistic assessment approach and solve for complex scenarios when processing disbursement approval requests Ability to operate independently and in a team environment Experience using word processing and spreadsheet software Effective verbal and written communication skills Detail-oriented Education and Experience Preferred: Bachelor?s degree Minimum of 2 years? experience in financial services industry Understanding of financial products Knowledge of pertinent bank systems Ability to work under time constraints Payments/Disbursements knowledge Knowledge of proper methods of preventing and detecting fraud Physical Requirements: Position required to be in office with hybrid schedule (3 days in the office) options after demonstrated competency in role as assessed by Management M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $27.24 - $45.40 Hourly (USD). The successful candidate?s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Wilmington, Delaware, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people?s lives and uplift the diverse communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T?s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank?s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities?combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values ? integrity, ownership, collaboration, curiosity, and candor ? drive the work we do. We seek to further build upon our record of success by bringing in diverse talents and fresh skill sets while continuing to support the growth and development of all our team members. View M&T?s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at [email protected] for assistance. M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.

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