Auditor - Commercial, Credit, & Risk Mgmt. at M&T Bank

Buffalo, New York, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Bachelor’s degree and a minimum of 2 years’ work experience, or successful completion of the MDP (Management Trainee program), or in lieu of degree, a combined minimum of 6 years’ higher education and/or work experience, including a minimum of 2 years’ work experience or successful completion of the MDP (Management Trainee program)
Proven analytical skills
Proven critical thinking skills
Effective verbal and written communication skills
Willingness to challenge the status quo and defend conclusions when challenged
Must be within a commutable distance or willing to relocate to Buffalo NY, Bridgeport CT, or Wilmington DE (hybrid role, 3 days/week in office)

Responsibilities

Participate in audits by executing assigned tasks in accordance with the Division’s methodology and professional standards, completing work within established timeframes under guidance of a Lead Auditor or Manager
Conduct effective walkthroughs, accurately identify risks and controls within the process, design and execute effective testing approach with guidance by a Lead Auditor or Manager
Conduct effective root cause analysis of identified findings with guidance by a Lead Auditor or Manager
Actively participate in meetings with business management and provide updates on respective areas of testing
Participate in other assurance activities (including continuous auditing, product delivery assessments, validation procedures, investigations, and retrospective reviews) under supervision of a Lead Auditor or Manager, utilizing modernized assurance methodologies, tools, and approaches
Document the work, including findings, in clear and concise fashion in accordance with the Division’s methodology
Embrace innovative change and understand how to effectively incorporate data analytics
Actively seek out knowledge in the areas of assigned audit activities
Embrace the culture of engagement and belonging
Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite; identify risk-related issues needing escalation to management
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
Assist in completion of annual risk assessments, continuous auditing, and remediation plan validations as assigned, under supervision of a Lead Auditor or Manager
Execute and document assigned assurance activities to support the delivery of audit reports that are in conformance with professional auditing standards

Skills

Key technologies and capabilities for this role

Audit ExecutionRisk AssessmentControl TestingRoot Cause AnalysisData AnalyticsContinuous AuditingRegulatory Compliance

Questions & Answers

Common questions about this position

What is the work arrangement for this Auditor role?

This role is hybrid, requiring 3 days per week in the office out of Buffalo NY, Bridgeport CT, or Wilmington DE, and candidates must be within a commutable distance or willing to relocate.

What are the education and experience requirements for this position?

A Bachelor’s degree and a minimum of 2 years’ work experience are required, or successful completion of the MDP (Management Trainee program), or in lieu of a degree, a combined minimum of 6 years’ higher education and/or work experience including at least 2 years’ work experience or MDP completion.

What key skills are needed for the Auditor role?

Proven analytical skills and proven critical thinking skills are required, along with the ability to execute audit tasks, conduct walkthroughs, identify risks and controls, perform root cause analysis, and incorporate data analytics.

What is the company culture like at M&T Bank for this role?

The culture emphasizes engagement and belonging, embracing innovative change, promoting an environment that supports belonging and reflects the M&T Bank brand, and adhering to risk and regulatory standards.

What makes a strong candidate for this Auditor position?

Strong candidates will have the required education and experience, proven analytical and critical thinking skills, and a willingness to actively seek knowledge, embrace change, and participate effectively in audits under supervision.

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Buffalo, New YorkHeadquarters

1993Year Founded

IPOCompany Stage

Financial ServicesIndustries

10,001+Employees

Risks

Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.

Integration challenges from the United Bank merger may disrupt operations.

Decreased prime rate could reduce interest income, impacting profitability.

Differentiation

M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.

The bank offers a wide range of traditional and digital banking services.

Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Upsides

M&T Bank's $1.5 billion senior notes offering strengthens its financial position.

Decreased prime rate may attract more borrowers, increasing loan volume.

Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

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