Business Risk Team Lead

M&T Bank•Baltimore, MD

13d•$89,600 - $149,300

About The Position

Implement first-line-of-defense risk management initiatives within a business unit in support of the Enterprise Risk Framework. Manage risk work and coordinate with individuals responsible for risk and control functions in the business unit. Serve as a subject matter expert for risk-function execution and lead complex, highly visible risk management projects. The role leads risk initiatives, documents key business processes, identifies and assesses associated risks and controls, and participates in the business unit’s risk-based testing program. It performs and reviews control testing, evaluates results, communicates findings to management, and may maintain, validate, or update records in Archer. The position monitors key risk indicators, completes risk control self-assessments and other reporting, supports risk-event escalation, identifies emerging risks, and helps develop and validate remediation plans. The role also implements and oversees adherence to business-unit policies and procedures, supports responses to internal and external requests, maintains applicable compliance and operational risk controls, and helps uphold M&T’s internal control standards. It promotes an environment that supports belonging and reflects the M&T Bank brand, and performs other related duties as assigned.

Requirements

Bachelor’s degree and at least 5 years of relevant work experience; or, in lieu of a degree, a combined minimum of 9 years of higher education and/or work experience, including at least 5 years of relevant work experience.

Nice To Haves

At least 2 years of experience in risk identification, risk mitigation, risk and control self-assessment, or related disciplines.
Experience with Corporate Services (such as Third Party Risk Management or Corporate Real Estate) or Community Markets (such as CRA, Foundation, or Sustainability), and the compliance and operational risks associated with those areas.

Responsibilities

Lead the execution of assigned risk initiatives and ensure the team completes its risk responsibilities.
Completely and accurately document key business processes and identify and assess associated risks and internal controls.
Participate in planning, executing, and reporting the business unit’s risk-based testing program.
Perform control testing and ensure team testing follows M&T’s First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards.
Review control testing, evaluate results for issues, perform scripted testing when needed, and maintain, validate, or update information in Archer as applicable.
Communicate control-testing findings to management.
Monitor business-unit performance against established key risk indicators and recommend enhancements to the risk-control structure.
Complete Risk Control Self Assessments and other risk management reporting accurately, recommend enhancements, and assist with reporting and escalation of risk and loss events.
Identify emerging risks and risks associated with new or changing products, services, markets, or channels, and identify controls needed to mitigate those risks.
Guide the development of remediation plans, manage their timely completion, and validate the quality of implemented plans.
Manage projects addressing issues identified internally or by Enterprise Risk Management, Compliance, Internal Audit, or external regulators.
Implement and oversee adherence to business-unit policies and procedures, identifying updates or enhancements as processes change.
Assist with responses to internal and external requests concerning departmental processes and procedures.
Adhere to applicable compliance and operational risk controls and maintain internal control standards, including timely implementation of audit points and applicable regulator-raised issues.
Promote an environment that supports belonging and reflects the M&T Bank brand.
Complete other related duties as assigned.