$142K – $236KSeniorFull Time
Overview:
Leads First Line of Defense (“FLOD”) risk management activities for Institutional Services & Wealth Management (“ISWM”), with emphasis on RCSA design, process mapping, and validation of risk and control alignment. Ensures material risks are appropriately identified, assessed, and escalated, with effective governance and execution of remediation efforts.
Primary Responsibilities:
Oversee first line control design and validation, including evaluating control effectiveness through risk assessment, ensuring appropriate documentation, and escalating control deficiencies and design gaps.
Lead planning, execution, and reporting for the business unit First Line of Defense risk management function, including documentation of key processes and internal controls.
Partner with business unit stakeholders to ensure the accurate and timely completion of Risk and Control Self‑Assessments (RCSAs) and other risk management reporting across the business unit.
Ensures comprehensive identification and assessment of risks across the business units in accordance with the Enterprise Risk Framework and the ISWM FLOD Risk Program. Designs, implements, and maintains internal controls in alignment with the Company’s risk and regulatory standards and Risk Appetite, with timely identification and escalation of risk‑related issues to management.
Support applicable risk reporting to senior and bank management, and internal committees.
Identify emerging risks and risks associated with new products, services, markets, channels or changes to existing products, services, markets or channels across the business unit and oversee the reporting of these risks to management and the Bank’s Markets, Products and Services Risk Committee
Ensure effective and efficient management, reporting and resolution of issues and remediation plans.
Escalate identified issues to the First Line Risk Officer and senior management.
Maintain awareness of business unit performance against established KRIs and provide effective challenge and support related remediation activities, as appropriate.
Assist in the development, implementation and oversight of the maintenance of policies for ISWM, including updating policies in response to federal, state or business unit process changes. Respond to internal and external requests in relation to departmental policies and procedures.
Provide coaching and mentoring to the staff. Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance.
Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
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.
Supervisory / Managerial Responsibilities:
No of employees: 3
Education and Experience Required:
Bachelor’s degree and a minimum of 9 years’ relevant work experience specific to the business unit supported, or in lieu of a degree, a combined minimum of 13 years’ higher education and/or work experience, including a minimum of 9 years’ relevant work experience specific to the business unit supported
Education and Experience Preferred:
Certification related to the specific business unit supported
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M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $141,800.00 - $236,400.00 (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
