Controls Assessment & Testing Specialist - Technology and Cybersecurity Riskecurity Risk at M&T Bank

Buffalo, New York, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

YesVisa

Banking, Financial ServicesIndustries

Requirements

Bachelor's degree and a minimum of 7 years’ relevant work experience, or in lieu of a degree, a combined minimum of 11 years’ higher education and/or work experience
Demonstrated expert knowledge of Technology and/or Cybersecurity risk principles
Minimum of 6 years' relevant work experience in or with the specific Technology, Cybersecurity risk area and/or business unit
Previous experience of NIST (National Institute of Standards and Technology)

Responsibilities

Develop and implement strategic approaches for in-depth risk assessments for comprehensive coverage of all technology capabilities
Develop and execute sophisticated risk management framework and programs that informs how to align practices with business objectives and regulatory requirements, including developing complex process maps, leading risk controls self-assessments, and summary of complex findings
Drive enforcement of frameworks, providing expert guidance and continually assessing regulation and standards to achieve industry-leading technology risk compliance
Spearhead collaboration among cross-functional teams and senior or executive leadership to align technology practices with overarching business goals and regulatory requirements; maintain productive relationships with stakeholders and/or with third-party engagements to ensure resiliency of Technology, Cybersecurity, and the overall Bank
Coordinate preparation and response to regulatory engagements, including reviewing responses for accuracy and meeting regulatory request, organizing documents and packets, and leading exam management (i.e., template folders, review of first day letter and follow-up requests)
Encourage innovation in risk management strategies through identification of advanced methodologies to address evolving threats and the recommendation of path for implementation to Technology and Cybersecurity Risk leadership
Provide advanced mentorship to mid-level analysts, fostering their professional growth and ensuring a high standard for all risk analysts within the team
Contribute to design and delivery of training programs to ensure comprehensive knowledge of technology and cybersecurity risk management and growing critical skills to enhance team's outcomes
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 diversity 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

Skills

Risk Assessment

Risk Management

Process Mapping

Risk Controls Self-Assessment

Regulatory Compliance

Exam Management

Technology Risk

Cybersecurity Risk

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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