M&T Bank Corporation

WISD Business Risk Manager III

M&T Bank Corporation • $141K — $236K *
Wilmington, DE 19805Hybrid
Finance & Insurance
8 - 10 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree and 9+ years of relevant work experience, or 13 years of combined education and work experience including 9+ years in a similar field.
  • Strong expertise in risk management within institutional client services.
  • Familiarity with Enterprise Risk Frameworks and Key Risk Indicators (KRIs).
  • Certification related to the specific business unit is preferred.
  • Demonstrated team leadership and coaching abilities.

Responsibilities

  • Lead planning and execution of risk management functions for the business unit.
  • Ensure accurate identification and assessment of risks per the Enterprise Risk Framework.
  • Assist with risk reporting to management and internal committees.
  • Monitor performance against Key Risk Indicators (KRIs) and facilitate remediation efforts.
  • Collaborate with business unit partners to complete Risk Control Self Assessments.

Benefits

  • Coaching and mentorship opportunities for staff.
  • Supportive environment promoting belonging and alignment with the company brand.
  • Comprehensive risk management policies and practices to guide the workflow.
Full Job Description
Overview:
Manages first line of defense risk management responsibilities of a specified business unit within the Institutional Client Services Division ("ICS") in accordance with the Enterprise Risk Framework. Oversees the proactive identification, accurate assessment and reporting of risks impacting the business unit, including loss events and Key Risk Indicators (KRIs). Ensures the appropriate escalation of identified issues and the timely completion of remediation plans.

Primary Responsibilities:
  • Lead the planning, execution, and reporting for the business unit first line of defense risk management function including ensuring the documentation of key processes and internal controls across the division.
  • Ensure the complete and proper identification and assessment of risks across the business unit in accordance with the Enterprise Risk Framework and the ICS FLOD Program.
  • Assist with applicable reporting to business unit management, Bank management and internal risk committees.
  • Monitor business unit performance with respect to established key risk indicators (KRIs) and assist in the remediation measures, as necessary.
  • Work with business unit business partners to ensure the accurate and timely completion of Risk Control
  • Self Assessments (RCSAs) and other risk management reporting across the business unit.
  • 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 the effective and efficient management, reporting and resolution of issues and remediation plans.
  • Oversee the process for identifying and reporting risk events and losses in a timely manner.
  • Escalate identified issues to the ICS Business Line Risk Officer and business unit management.
  • Assist in the development, implementation and oversight of the maintenance of policies for ICS, 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.
  • Understand and adhere to the Company's risk and regulatory standards, policies and controls in accordance with the Company's Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. 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.


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

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 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

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