M&T Bank

Principal Specialist - Technology and Cybersecurity Risk/Cloud Security

United States

M&T Bank Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Banking, Financial Services, CybersecurityIndustries

Requirements

Candidates should possess a Bachelor’s degree in a related field, and ideally have 10+ years of experience in risk management, with a strong focus on technology and cybersecurity risk. Demonstrated expertise in cloud security controls, risk frameworks, and regulatory compliance is essential, along with experience leading teams and collaborating with executive leadership.

Responsibilities

The Principal Specialist will develop and implement strategic risk frameworks ensuring comprehensive coverage of all technology capabilities, lead the execution of risk management frameworks, optimize and implement frameworks, spearhead collaboration among cross-functional teams, oversee preparation and response to regulatory engagements, mentor and coach team members, influence design of training programs, identify risk-related issues needing escalation, and maintain M&T internal control standards. They will also promote diversity, integrate advanced risk methodologies, and complete other related duties as assigned.

Skills

Risk Management
Cloud Security
Security Controls Implementation
Risk Framework Development
Regulatory Engagement
Team Leadership
Mentoring
Strategic Planning
Stakeholder Collaboration
Regulatory Standards Compliance
Cybersecurity
Risk Assessment
Process Development

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.

Key Metrics

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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