Overview:
Develop and implement first line of defense risk management initiatives within the business unit in support of the Enterprise Risk Framework. Manage the work and employee development of a team of employees responsible for risk and control functions in the business unit. Act as project leader on complex and highly visible risk management projects.
Primary Responsibilities:
- Assist in the planning, execution, and reporting of the business unit's first line of defense risk management function including ensuring the documentation of key processes and internal controls. Ensure the complete and proper identification and assessment of risks in the business unit's key processes in accordance with the Enterprise Risk Framework, internal guidance, and risk management professional standards.
- Drive the development, execution and reporting of the business unit's risk-based testing program. Ensure control testing is performed in accordance with M&T's First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards.
- Specific control testing responsibilities will involve the review of testing, and evaluating results to determine if issues exist. Responsibilities may also include system administrative duties such as the maintenance, validation, and / or updating in the compliance data management system (Archer). Communicate findings to management.
- Monitor business unit performance with respect to established key risk indicators (KRIs) and prepare comprehensive KRI reporting.
- Accurately complete Risk Control Self Assessments (RCSAs) and other risk management reporting. Appropriately escalate issues and report risk events and loss events in a timely manner.
- Identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels.
- Provide guidance on the development of remediation plans. Manage the timely completion of remediation plans and other projects to address issues identified internally and by Enterprise Risk Management, Compliance, Internal Audit or external regulators.
- Develop, implement and oversee the maintenance of policies and procedures for the business unit. This includes the updating of policies in response to federal, state or business unit process changes. In addition, assist in responding to both internal and external requests in relation to departmental policies and procedures.
- Provide coaching and mentoring to the staff. Review and approve test results. Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance Portfolio Managers.
- Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
- Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
- 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.
Education and Experience Required:
Bachelor’s degree and a minimum of 5 years' relevant work experience, or in lieu of a degree, a combined minimum of 9 years' higher education and/or work experience, including a minimum of 5 years' relevant work experience
Education and Experience Preferred:
Experience with Tableau, PowerBI, SQL
Experience with Data Visualization
Automation Experience
Former Managerial Experience
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,104.04 - $141,840.07 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
LocationBuffalo, New York, United States of America
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What We Do
M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.
