Career Search

Commercial Risk Testing Analyst - 3DGZY in Buffalo, NY at M&T Bank

Date Posted: 2/9/2018

Job Snapshot

Job Description

Title: Commercial Risk Testing Analyst
Basic Function: • Responsible for developing and implementing various risk and credit policy initiatives by conducting periodic monitoring, reviews and testing.
• Manage the test work and escalation of results.
• Communicates issues uncovered by monitoring and testing and assists with recommending control improvements to Commercial Risk Team and senior management.
Position Responsibilities:
• Design, implement and maintain a continuously evolving testing program of First Line of Defense controls, inclusive of credit policy controls.  
• Understand, execute and document test plans according to formalized timelines.
• Provide control test results, review for integrity, and report findings.
• Gain and develop a detailed understanding of processes or associated technology to identify control gaps or to make recommendations that address the identified gaps.
• Proactively identify the root-cause of issues to provide recommendations for improvement where weaknesses are identified.
• Formulate solutions to minimize impact of identified issues, communicate to appropriate business managers, and follow up to ensure control improvements are implemented
• Work with Management to obtain responses that address the identified issues.
• Assess the efficacy and materiality of given control ratings, testing frequency and control monitoring results.
• Research applicable policies, controls and processes within the business.
• Develop, review and report on the adequacy and effectiveness of the control environment to business unit managers and senior management.
• Manage multiple tasks concurrently in an efficient and effective manner with minimal oversight.
• Build strong partnerships with business stakeholders and other testing team members.
• Communicate extensively with business unit personnel.
• Perform other related assignments as requested by management.
• Promote an environment that supports diversity and reflects the M&T Bank brand.
Minimum Qualifications Required:
• Bachelor’s degree and a minimum of 1 years’ relevant work experience or in lieu of a degree, a combined minimum of 5 years higher education and/or work experience, including a minimum of 1 year relevant work experience.
• Excellent oral and written communication skills.
• Strong analytical ability and creative problem solving skills.
• Strong data interpretation skills.
Ideal Qualifications Preferred: • Familiarity and understanding of Commercial Lending and Credit Policy.
• Ability to interact effectively with all levels of personnel.
• Ability to work independently and function as a member of a project team.
• Detail oriented.
• Minimum of 3 years banking industry experience.
• Highly skilled proficiency in the use of spreadsheet, database, graphing, presentation, and department specific software, with a working knowledge of Commercial Scorecard System.
• We encourage candidates with relevant military experience to apply.
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.