M&T Bank

Model Risk Manager - Governance & Reporting

M&T Bank  •  $124k - $206k/yr  •  United States (Remote)  •  13 hours ago
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Job Description

Responsible for tactical strategy of one or more of key pillars within model risk governance teams to create, manage and enforce policy and procedures based on regulatory requirements and industry best practices.. Contributes to strategic direction and implementation of Model Risk Management policy by managing first‑line stakeholder communications, training programs, issues management processes, and regulatory/audit coordination.

Primary Responsibilities

  • Manage first‑line stakeholder communications related to changes in MRM policies, procedures, templates, and governance requirements.
  • Conduct or facilitate live training sessions to promote consistent understanding of MRM expectations.
  • Maintain and update MRM’s Workday training curriculum; coordinate trainings when governance documents are updated or new program enhancements occur.
  • Serve as the primary liaison for first‑line teams, providing day‑to‑day guidance, triage, and clarification on governance requirements, documentation standards, and issue expectations.
  • Manage exam logistics, information requests, evidence collection, and response drafting to ensure accuracy and timely delivery.
  • Maintain strong working relationships with Audit, Risk, and Regulatory partners
  • Contribute to strategic direction of Model Risk Management Policy, framework, committee charter, procedures, guidelines, template, etc. periodically (at least annually) to align with prevailing regulatory guidance and expectations as well as with industry practices.
  • Participate in the administration of the Model Risk Oversight Committee (“MROC”) to ensure that all participants engage and provide effective challenge.
  • Work very closely and collaboratively with Model Validation and Model Operations teams to ensure comprehensive understanding of the state of model risk and effective implementation of the model risk management program.
  • Develop centralized reporting to enhance the Issues Management area for MRM, oversee planning and remediation of all key model risk issues, including issuance of thematic findings
  • Develop strong relationships with key constituents in the Bank to ensure that the Model Risk framework is comprehensively applied throughout the organization.
  • Develop strong relationships with regulators and auditors and manage exam requests to ensure clear, transparent, and comprehensive communication between the Bank and examiners/auditors
  • Develop strategic relationships with counterparts in the industry
  • Strong people manager who can manage and motivate the Governance & Reporting Team to consistently provide discretionary effort.
  • 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 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

Scope of Responsibilities

This position is the senior subject matter expert responsible for the day-to-day function of the model risk function and requires a thorough knowledge of business, applicable regulations, and affiliated technology.

The incumbent must be able to plan, organize and supervise work of staff and produce results.

This position will interact with various lines of business and support areas, including Credit Risk, Finance, Treasury, and Mortgage, to manage model risk throughout the bank and support the capital planning process

Supervisory/Managerial Responsibilities

Individual Contributor, may manage a small team of direct reports

Education and Experience Required

  • Bachelor’s degree in finance, economics, mathematics or business-related field and minimum of 9 years’ relevant work experience to include 2 years managerial experience, or in lieu of a degree, a combined minimum of 11 years’ higher education and relevant work experience to include a minimum of 2 years managerial experience.
  • Ability to write basic SQL scripts to extract relevant data.
  • Advanced skills using Microsoft Word to create professional documents.
  • Create powerful self-explanatory reports and presentations.
  • Proficiency in Excel and experience using business analytic tools (e.g., Tableau, PowerBI, etc.).

Education and Experience Preferred

Master’s degree in Business Administration (MBA) or Advanced degree in business or risk-related disciplines.Minimum 10 years’ of progressive reporting and analytics, operations or risk management experience.

Minimum 2 years experience managing internal audit or regulatory exams, demonstrating ability communicate both written and verbally

Minimum 2 years experience developing and delivering training programs across a variety of topics

Knowledge of pertinent Bank systems such as governance, risk, and compliance (GRC) platforms, and business intelligence tools (Tableau, PowerBI)

Ability and willingness to learn about a wide variety of topics and develop a variety of skills.

Thorough knowledge of Microsoft Office suite.

Able to guide a cohesive. team.

Use of abstract thinking to deal with intangibles and uncertainties.

Functional with database development, maintenance, and extraction of data for reporting.

Demonstrated ability to meet deadlines.

Thorough attention to detail and documentation

Relies on experience and judgment and collaboration with peers to plan and accomplish goals.

Advanced written skills

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $123,600.00 - $206,000.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location.

Location

Clanton, Alabama, United States of America

M&T Bank

About M&T Bank

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. Founded in 1856 in Buffalo, NY we are now a top 11 full-service US-based commercial bank with a retail footprint across the east coast and wealth services available nationwide and abroad. As a bank, we offer advice, guidance, expertise, and solutions across the entire financial spectrum that combines M&T’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. We are a community-minded organization with more than 167 years of experience. We serve customers, community, and colleagues whether they be across the street, across the state or across the country.

As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values drive the work we do – integrity, ownership, collaboration, curiosity, candor and we seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members.

M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Buffalo, New York
Year Founded
Unknown
Website
mtb.com
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