This position is responsible for delivery of independent, risk-based challenge and 2nd line risk management services in alignment with the Operational Risk Management Framework, applicable policies, regulatory expectations, and industry standards. The role reports to an Operational Risk Senior Manager and supports providing independent and objective insights to guide and influence business risk management in the enhancement and implementation of their risk management practices. This role will assess risks, threats and opportunities, including those arising from evolving technologies, customer-facing digital channels, data-driven decision-making, and emerging business models. The individual is knowledgeable both with respect to Operational Risk Management concepts, inclusive of industry’s best practices and the businesses they oversee, inclusive of experience with technology-enabled process risk, third-party dependencies, data and model risk intersections, resilience and change management risk. This role requires execution in a manner that supports collaboration and efficiency amongst risk partners, effective interaction with Technology and Product Owners, and meets the expectations of senior management, risk governance and audit and regulatory expectations. . The position requires the ability to function with a level of independence in the oversight and/or execution of their role, as well as working effectively within the department. The area of oversight for this role is rapidly evolving and changing. The position requires flexibility and the ability to leverage risk concepts and tools into new areas that may not have well defined/documented processes.
Primary Responsibilities:
Supervisory/Managerial Responsibilities:
No direct management but may provide guidance to others
Education and Experience Required:
Bachelor’s degree and eight years' experience in risk, compliance, legal, audit, or other relevant function,
OR in lieu of degree,
A combined minimum of twelve years’ higher education and/or work experience including eight years’ experience in risk, compliance, legal, audit, or other relevant function.
Proficient computer skills (including Excel, PowerPoint, and Power BI).
Analytical skills with strong written and verbal communications with all levels of management.
Working knowledge of relevant regulations and industry standards for Operational Risk Management.
Preferred Skills & Experience:
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.
Buffalo, New York, United States of America
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.
