First Line Risk Senior Manager at M&T Bank

Buffalo, New York, United States

M&T Bank Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial ServicesIndustries

Requirements

  • Bachelor’s degree and a minimum of 10 years’ proven project management experience, OR in lieu of a degree, a combined minimum of 14 years’ higher education and/or work experience, including a minimum of 10 years’ proven project management experience
  • Strong ability to effectively influence peers and leaders
  • Excellent mentoring and leadership capabilities, including strong ability to develop people leaders
  • Excellent ability to encourage teamwork and guide a team towards executing upon shared goals

Responsibilities

  • Oversee the identification and assessment of operational and non-operational risks and controls for Retail in alignment with Enterprise Risk requirements
  • Establish a model of continuous improvement, leveraging agile principles to identify areas of opportunity for control automation
  • Develop an operating model for how the team will interact within our Ops and Risk framework including governance, issues management and monitoring/testing
  • Collaborate with key stakeholders and business partners to build process map inventory for key processes
  • Build and strengthen strategic partnerships with internal business partners and across all lines of defense
  • Lead FLR talent employee development to support team member career growth and organizational effectiveness
  • Champion strategic initiatives within team of oversight and across FLR to meet strategic and long-term needs of the organization
  • Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite Statement
  • 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
  • Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations
  • Manage a team of three or more risk managers or analysts

Skills

Risk Management
Control Management
Operational Risk
Agile Principles
Project Management
Process Mapping
Stakeholder Collaboration
Issues Management
Governance
Talent Development
Regulatory Compliance

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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