M&T Bank Corporation

Risk and Controls Testing Specialist

M&T Bank Corporation • $68K — $114K *
Wilmington, DE 19805In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree with 2+ years of relevant work experience, or 6 years of combined education/work experience including 2 years relevant experience.
  • Proven expertise in control testing methodologies including control design assessments.
  • Experience in banking, wealth management, or financial services is preferred.
  • Familiarity with Governance, Risk, and Compliance (GRC) platforms such as Archer.
  • Strong analytical skills and proficiency in Microsoft Office, particularly Excel and PowerPoint.

Responsibilities

  • Plan and execute risk-based testing programs per established policies and methodologies.
  • Conduct thorough walkthroughs with process owners to understand risks and controls.
  • Develop comprehensive testing plans and scripts to evaluate control effectiveness.
  • Request and select testing samples according to sampling methodologies.
  • Perform detailed assessments of control design and maintain required documentation.
  • Ensure consistent execution of testing activities to meet quality and regulatory standards.
  • Communicate findings clearly and facilitate discussions around observed control weaknesses.

Benefits

  • Opportunity to be part of a growing team focused on enhancing risk management.
  • Exposure to various stakeholders across Institutional Services and Wealth Management.
  • Engagement in ad hoc projects that enhance control environment maturity.
  • Location in Wilmington, Delaware, a hub for financial services.
  • Commitment to professional development and career growth opportunities.
Full Job Description
Role Overview

The Control Testing Analyst is a key contributor within the ISWM Risk & Control Management team and is responsible for executing a risk-based control testing program that evaluates the design and operating effectiveness of controls across Institutional Services and Wealth Management (ISWM). Reporting to the ISWM Control Testing Lead, this role partners closely with control/ process owners to assess control effectiveness, identify control gaps, and strengthen the overall risk and control environment.

The ideal candidate possesses hands-on experience in control testing, control design assessments, operating effectiveness testing, Risk and Control Self-Assessments (RCSA), and issue management. This individual must be highly organized, detail-oriented, and capable of independently managing multiple testing engagements while effectively communicating results and recommendations to stakeholders.

Primary Responsibilities:

Control Testing Execution
  • Plan, execute, and report on the business unit's risk-based testing program in alignment with established policies, standards, and methodologies.
  • Conduct end-to-end process and control walkthroughs with process and control owners to gain an in-depth understanding of business processes, risks, and control activities.
  • Develop testing plans, detailed scripts, and test cases that effectively assess control design and operating effectiveness.
  • Request testing populations and select samples in accordance with established sampling methodologies and testing standards.
  • Perform comprehensive control design effectiveness assessments and accurately complete required documentation and assessment templates.
  • Execute control testing with a high degree of accuracy, completeness, and timeliness while maintaining adherence to established methodology.
  • Provide oversight and direction for team testing activities, ensuring timely, consistent, and comprehensive execution in accordance with established quality standards, testing methodologies, documentation requirements, and regulatory expectations.
  • Implement and maintain a strong quality review and challenge process to validate testing accuracy, completeness, and adherence to methodology.
  • Complete control operating effectiveness assessments and supporting documentation in accordance with enterprise standards.
  • Document testing results within Archer and maintain supporting evidence, including screenshots and testing artifacts, in designated SharePoint repositories.
  • Evaluate control design and operating effectiveness, assess identified risks, and validate risk mitigation activities in accordance with M&T's Risk and Control Policy, procedures, and standards.

Findings, Reporting, and Stakeholder Engagement
  • Communicate observations and findings clearly to management and stakeholders.
  • Socialize testing results with process and control owners, facilitate discussions regarding observations and conclusions, and obtain appropriate approvals.
  • Assist in drafting findings and action plans that address identified control weaknesses and enhance the overall control environment.
  • Proactively monitor assigned book of work for changing risks, timely execution, and required management updates.
  • Support ad hoc projects and initiatives aimed at enhancing the maturity of the control environment across ISWM.
  • Provide status updates and reporting to management regarding assigned testing engagements and portfolio progress.


Experience Required:
  • Bachelor's degree and a minimum of 2 years' relevant work experience, or in lieu of a degree, a combined minimum of 6 years' higher education and/or work experience, including a minimum of 2 years' relevant work experience
  • Strong understanding of control testing methodologies, including control design and operating effectiveness testing.


Desired Experience:
  • Experience within banking, wealth management, institutional services, financial services, audit, compliance, risk management, or operational risk functions.
  • Experience using Archer or other Governance, Risk, and Compliance (GRC) platforms.
  • Ability to adapt to change and perform effectively in a fast-paced environment.
  • High proficiency in Excel, PowerPoint, and the Microsoft Office Suite.
  • Experience collaborating with cross-functional stakeholders and providing guidance on risk and control matters.
  • Exceptional interpersonal, presentation, and communication skills, with a demonstrated ability to build strong relationships and influence outcomes.
  • Strong analytical, critical thinking, and problem-solving skills with exceptional attention to detail.
  • Ability to independently manage multiple priorities while meeting deadlines and quality expectations.
  • Ability to work effectively within a team-oriented environment where success is measured collectively.
  • Ability to work effectively as part of a team-oriented environment, where success is measured collectively.


M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $68,400.00 - $114,000.00 Annual (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location
Wilmington, Delaware, 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

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at M&T Bank Corporation

More Finance & Insurance Jobs

Find similar Risk and Controls Testing Specialist jobs:

NationwideWilmington, DE