First Line Risk Senior Manager 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

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

Key technologies and capabilities for this role

Risk ManagementControl ManagementOperational RiskAgile PrinciplesProject ManagementProcess MappingStakeholder CollaborationIssues ManagementGovernanceTalent DevelopmentRegulatory Compliance

Questions & Answers

Common questions about this position

What is the salary range for the First Line Risk Senior Manager position?

The pay range for this position is $128,900.00 - $214,900.00 Annual (USD), with the successful candidate’s particular combination of knowledge, skills, and experience informing their specific compensation.

Is this role remote or does it require working in an office?

This information is not specified in the job description.

What education and experience are required for this position?

A Bachelor’s degree and a minimum of 10 years’ proven project management experience are required, 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.

What is the team size for this role?

The role manages a team of three or more risk managers or analysts.

What leadership skills are emphasized for this position?

The role requires strong ability to effectively influence peers and leaders, excellent mentoring and leadership capabilities including strong ability to develop people leaders, and excellent ability to encourage teamwork and guide a team towards executing upon shared goals.

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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