FinOps Analyst

M&T Bank•Buffalo, NY

1d•Hybrid

About The Position

The FinOps Analyst plays a critical role in driving financial accountability, cost transparency, and operational efficiency across the Bank’s technology ecosystem. This position serves as a strategic partner to application owners, engineering teams, and Technology leaders, ensuring that cloud and technology investments are aligned with organizational goals and optimized throughout their lifecycle. The role involves preparing functional specifications, leading complex projects, conducting research analysis, mentoring junior staff, and coordinating with business clients and technology teams to ensure application changes meet requirements and standards. It also includes participation in design discussions, data mapping, test plan preparation and execution, and post-implementation management, all while adhering to risk and regulatory standards.

Requirements

Minimum of 6 years combined higher education and/or operational/business analytics experience
Strong verbal and written communication skills
Strong organizational skills
Strong time management skills
Strong lateral thinking skills
Strong problem-solving skills
Proficiency with personal computers as well as pertinent software packages.
Excellent problem solving skills to assist in issue resolution.

Nice To Haves

Bachelor's degree
Subject matter expert in FinOps lifecycle: Inform, Optimize, and Operate
Advanced understanding of IT financial management strategies such as Showback vs Chargeback
Advanced knowledge of cost allocation models for shared services
Excellent understanding of the Bank’s application framework
Ability to work with application owners and educate on how to implement cost savings
Familiarity with application development software and cloud modernization platforms.

Responsibilities

Responsible for preparing well documented functional specifications for assigned projects, test plans, test cases and execution of test cases.
Responsible for research analysis of complex data ensuring functional design of assigned projects is accurate.
Serve as mentor to less experienced staff by assisting in application training, research analysis and project methodology consultation.
Serve as functional lead on complex projects for assigned applications.
Schedule and facilitate project team meetings, document and distribute meeting minutes as applicable.
Meet with business client to discuss requested application changes related to an enterprise-wide or business initiative, compliance/regulatory requirement, required system change due to contractual agreement or system maintenance (business as usual [BAU]) ensuring a thorough understanding of specifications for assigned applications.
Participate in design discussions and document/deliver required functional specifications.
Participate in meetings with lines of business to identify their requirements in how an application looks and feels to the end user and provide feedback to clients regarding business requirements to ensure technology applications support internal/external customer needs and products/services as provided by lines of business.
Review business requirements with technology team to ensure understanding of project requirements.
Coordinate and provide estimates for large projects and complete estimates for assigned component on assigned projects, inclusive of timelines and project phases.
Serve as subject matter expert to consult and advise on how applications may be impacted by enterprise-wide initiatives, like an acquisition or major change in products/services provided to customers.
Work with vendor and technical team to gain a thorough understanding of project functionality and provide insight on implementation.
May serve as Test Coordinator for large project initiatives involving multiple applications
Participate in and document data mapping for integration of systems, conversion, and acquisition-related projects to understand how applications may need to change or be impacted by enterprise-wide initiatives, like regulatory requirements, other system enhancements or business initiatives.
Work with other testing teams, when applicable, to prepare test plans and scripts based on functional specifications, and manage and/or execute test cases verifying that changes and enhancements work and perform as required.
Serve as functional lead with other project team members on other systems that impact the project
Monitor functional specifications and change requests to ensure project stays within scope and meets regulatory requirements, while ensuring adherence to business requirements and Corporate Technology standards.
Ensure the Bank process and documentation is followed to ensure adherence to Corporate Technology standards and regulatory requirements.
Ensure change requests are consistently documented, reviewed and resolved to ensure application is working to support products/services required by line of business.
Ensure efficient and timely resolution of issues arising from testing or implementation to ensure expected performance.
Ensure issues, incidences and questions are documented, reported and resolved as required.
Coordinate and manage post implementation by getting feedback, resolving any issues and completing a debrief including actual to plan for timeline and financials.
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 belonging 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.