Commercial Risk- Control Design Specialist

M&T BankBuffalo, NY
5dOnsite

About The Position

Overview: The Commercial Risk Control Design Specialist will have a specific focus analyzing process and control design within the commercial bank. The position is responsible for coordinating with our business partners across the commercial bank with the objective of providing critical review and challenge on process design, facilitating process improvement, and ultimately supporting the establishment and maintenance of an effective and sustainable control environment. Primary Responsibilities: Drive process and control improvement by providing timely and insightful feedback to business partners across the commercial bank. Review process maps, procedures, and control design language to inform timely and effective feedback on risk and potential process enhancements in support of achieving the Bank’s risk management objectives and regulatory compliance. Effectively identify and communicate applicable risks to our partners within the commercial bank, reach consensus, and facilitate change. Identify opportunities to leverage data and automation to strengthen processes and increase efficiency. Maintain and develop a comprehensive understanding of commercial banking concepts and regulatory compliance criteria Manage several workstreams concurrently, balance competing priorities, and provide effective updates as to status and next steps on a recurring basis. Promote an environment that supports diversity and reflects the M&T Bank brand. Complete other related duties as assigned. Scope of Responsibilities: This position reports to the Commercial Risk Head of Control Design. The individual would support process and control design analysis by effectively coordinating with business partners, reviewing process documentation, performing walkthroughs, providing feedback, and ultimately enabling the establishment of effective control processes to address relevant risks. Supervisory/ Managerial Responsibilities: N/A

Requirements

  • Bachelor’s degree in quantitative/analytical discipline (e.g., Finance, Accounting or Economics) and minimum of 6 years’ experience in an audit or SOX related position or relevant work experience including a minimum of three years' experience in the banking industry.
  • OR in lieu of degree, A combined 10 years' work experience and/or higher education with a minimum of three years' experience in lending, credit analysis, and banking functions.
  • Three years of experience in formulating, developing and directing cross-functional teams.
  • Excellent verbal and written communication, cross-functional collaboration and management skills.
  • Ability to communicate concepts/theories and develop alternative recommendations.
  • Ability to make effective presentations to all levels of the organization.
  • Ability to build consensus, and move projects forward despite roadblocks and competing functional priorities.

Nice To Haves

  • Master’s degree preferred.
  • Public accounting experience on audits of banking industry SEC registrants is preferred.

Responsibilities

  • Drive process and control improvement by providing timely and insightful feedback to business partners across the commercial bank.
  • Review process maps, procedures, and control design language to inform timely and effective feedback on risk and potential process enhancements in support of achieving the Bank’s risk management objectives and regulatory compliance.
  • Effectively identify and communicate applicable risks to our partners within the commercial bank, reach consensus, and facilitate change.
  • Identify opportunities to leverage data and automation to strengthen processes and increase efficiency.
  • Maintain and develop a comprehensive understanding of commercial banking concepts and regulatory compliance criteria
  • Manage several workstreams concurrently, balance competing priorities, and provide effective updates as to status and next steps on a recurring basis.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Complete other related duties as assigned.

Benefits

  • M&T Bank is committed to fair, competitive, and market-informed pay for our employees.
  • As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year.
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