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Business Risk Manager I - Enterprise Security in Buffalo, NY at M&T Bank

Date Posted: 11/6/2018

Job Snapshot

Job Description

Basic Function
Develop and implement first line of defense risk management initiatives within the business unit in support of the Enterprise Risk Framework. Manage the work and employee development of a team of employees responsible for risk and control functions in the business unit. Act as project leader on complex and highly visible risk management projects.

Top Responsibilities
Assist in the planning, execution, and reporting of the business unit's first line of defense risk management function including ensuring the documentation of key processes and internal controls. Ensure the complete and proper identification and assessment of risks in the business unit's key processes in accordance with the Enterprise Risk Framework, internal guidance, and risk management professional standards.
Drive the development, execution and reporting of the business unit's risk-based testing program. Ensure control testing is performed in accordance with M&T's First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards.
Specific control testing responsibilities will involve the review of testing, and evaluating results to determine if issues exist. Responsibilities may also include system administrative duties such as the maintenance, validation, and / or updating in the compliance data management system (Archer). Communicate findings to management.
Monitor business unit performance with respect to established key risk indicators (KRIs) and prepare comprehensive KRI reporting.
Accurately complete Risk Control Self Assessments (RCSAs) and other risk management reporting. Appropriately escalate issues and report risk events and loss events in a timely manner.
Identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels.
Provide guidance on the development of remediation plans. Manage the timely completion of remediation plans and other projects to address issues identified internally and by Enterprise Risk Management, Compliance, Internal Audit or external regulators.
Develop, implement and oversee the maintenance of policies and procedures for the business unit. This includes the updating of policies in response to federal, state or business unit process changes. In addition, assist in responding to both internal and external requests in relation to departmental policies and procedures.
Provide coaching and mentoring to the staff. Review and approve test results. Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance Portfolio Managers.

Education & Experience
Bachelor’s degree plus a minimum of 5 years’ relevant work experience inclusive of 1 year management experience, or in lieu of a degree, a combined 9 years’ higher education and/or work experience, including a minimum of 5 years’ relevant work experience inclusive of 1 year management experience.

We encourage candidates with relevant military experience to apply.

About M&T

At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T.  As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.


M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer. M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.