Career Search

Risk Manager I - 3rd Party Risk On-Site Management - 3DFGX in Buffalo, NY at M&T Bank

Date Posted: 1/27/2018

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Buffalo, NY
  • Job Type:
    Management
  • Experience:
    Not Specified
  • Date Posted:
    1/27/2018

Job Description

Basic Function:

Manage the onsite review program for the Third-Party Risk Management program; ensure the program identifies, reviews, and assesses key risks and controls for third-party relationships, and aligns with key regulatory expectations. Conduct onsite audits of third-party relationships. Prepare onsite reports, which will be used to evaluate the risks and controls of the third-party relationship and track potential findings to remediation. Provide additional Third-Party Risk Management support related to third-party on-boarding and due diligence.  Collaborate across Risk and business unit managers to maximize third-party risk management, consistent with bank risk parameters.

Responsibilities:

Partners with business line management to ensure vendor service risk assessments and onsite audits are completed and due diligence and ongoing monitoring requirements are fulfilled. Leads vendor risk-related projects that include policy changes, program enhancements, system changes and process improvements.  

Develop and implement the framework for managing the onsite review program through sound analytical processes, guidance via appropriate policy, and procedural recommendations. Ensure the onsite review program is in compliance with Federal Reserve Bank (FRB), Federal Financial Institutions Examination Council (FFIEC) and Consumer Financial Protection Bureau (CFPB) vendor management guidelines.

Developing and managing clear and relevant reporting and analysis to support data-driven decision making. Developing metrics and processes to improve current and future onsite reviews.

Must display strong leadership characteristics. Ability to serve as a change agent. Adapts quickly to new challenges. Detail oriented and self-motivated. Able to assert ideas, encourage teamwork, and act as a role model when leading and directing others. Ability to motivate and influence staff outside of direct reporting line.  


Basic Qualifications:

Masters degree, or in lieu of degree six years in a risk/business quantitative position.

Minimum six years’ risk management, Finance or related experience.  

Demonstrated expertise in advanced quantitative management tools.  

Understanding of profitability and lending business dynamics.  

Supervisory experience

Experience leading cross-functional teams. 

Strong leadership characteristics.

Ability to serve as a change agent.

Adapts quickly to new challenges.

Detail oriented and self-motivated.

Able to assert ideas, encourage teamwork, and act as a role model when leading and directing others.

Ability to motivate and influence staff outside of direct reporting line.


Ideal Qualifications: 

Advanced industry and/or functional expertise.  

Excellent problem solving skills using creativity and innovation.  

Superior quantitative skills.  

Ability to formulate complex database problem solving approaches to business challenges.  

Sophisticated knowledge of PC, Core Bank process systems, Database, and Network Capabilities.  

Excellent verbal and written communication, cross-functional collaboration and management skills.  

Ability to articulate ideas and develop alternative recommendations.  

Ability to make effective presentations to all levels of the organization.  

Maintain solid working relationships with senior management and business partners including product, credit, operations, asset management, credit bureaus, and vendors.


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.


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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.