Business Risk Lead (Digital Banking) - Hybrid at M&T Bank

Buffalo, New York, United States

Apply Now

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Bachelor’s degree, or equivalent work experience
5+ years' relevant work experience
Eligible candidates must live within commuting distance to one of the specified offices (Buffalo, NY; Baltimore, MD; Wilmington, DE; Bridgeport, CT; New York, NY)
Hybrid position requiring three days in-office per week
Prepared to travel at least once per quarter within the M&T Bank east coast footprint (travel may occur more often)

Responsibilities

Lead risk initiatives: Implement first-line-of-defense risk management programs within Digital Banking, aligned with the Enterprise Risk Framework
Assess & document processes: Map key business processes, identify risks, and evaluate internal controls
Control testing & reporting: Conduct and review risk-based testing, analyze results, and communicate findings to leadership
Remediation & issue management: Partner with business leaders to develop and oversee remediation plans for audit or compliance findings
Monitor & improve: Track key risk indicators (KRIs), complete Risk Control Self-Assessments (RCSAs), and recommend enhancements
Emerging risk analysis: Identify risks tied to new products, services, or channels and design controls to mitigate them
Policy & procedure oversight: Ensure adherence to risk policies and update procedures as processes evolve
Influence & collaborate: Work closely with senior leaders (including SVPs) to drive risk awareness and solutions without direct authority
Coaching & guidance: Provide informal coaching and input on team development related to risk initiatives

Skills

Risk Management

RCSA

KRI

Internal Controls

Risk Assessment

Issue Management

Remediation Plans

Control Testing

Process Mapping

Enterprise Risk Framework

Digital Banking

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.

Land your dream remote job 3x faster with AI

Try Jobo Free