Fiduciary Risk & Corporate Governance Analyst

Wilmington Trust • Buffalo, NY

1d

About The Position

Overview: Provides support for fiduciary risk management, corporate governance, audit/regulatory requests and other special projects. Primary Responsibilities: Support operations of the Wealth Management committee governance system including, acting as the Committee Secretary for the Wealth Division's committees to ensure those committees are operating as designed and adhering to all necessary requirements. Identify, manage and mitigate risks inherent in trust administration and assist in building commensurate controls to lessen risk and enhance the control environment. Participate in review, development and enhancement of fiduciary related policies, procedures and business practices to ensure the Wealth Management Division maintains proper controls to meet responsibilities as a regulated professional trustee and achieve satisfactory regulatory examinations and audits. Partner with the fiduciary team to identify key risk issues involving fiduciary accounts and activities including, identifying fiduciary issues in account transactions to route to the correct committee or person to be assessed and resolved appropriately. Partner with Fiduciary Management leadership team to identify systemic risk issues that would mitigate risk and enhance operations of the fiduciary organization. Develop effective working relationships with the Fiduciary leadership team, key business partners and senior leaders of the Division. Serve as an advisor to business line staff. Participate in regulatory examinations and internal audits pertinent to the Wealth Management Division and work with the first and second lines of defense May set policy or develop and oversee implementation of procedures or controls related to compliance requirements within a business processes. May directly or indirectly monitor functions to ensure procedures and controls are functioning as designed. May develop training of business line personnel regarding procedures and controls designed to ensure compliance with laws and/or regulations. May participate in management of examinations or audits as well as any resulting corrective actions. Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management. 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. Scope of Responsibilities: Supervisor/Managerial Responsibilities:

Requirements

• Bachelor's degree and a minimum of 3 years’ relevant work experience, including a minimum of 7 years’ higher education and/or work experience, including a minimum of 3 years’ relevant work experience
• Strong verbal and written communication skills
• Strong analytical skills
• Strong problem solving skills
• Experience interacting with all levels of personnel

Nice To Haves

• Advanced degree
• Minimum of 5 years’ relevant work experience

Responsibilities

• Support operations of the Wealth Management committee governance system including, acting as the Committee Secretary for the Wealth Division's committees to ensure those committees are operating as designed and adhering to all necessary requirements.
• Identify, manage and mitigate risks inherent in trust administration and assist in building commensurate controls to lessen risk and enhance the control environment.
• Participate in review, development and enhancement of fiduciary related policies, procedures and business practices to ensure the Wealth Management Division maintains proper controls to meet responsibilities as a regulated professional trustee and achieve satisfactory regulatory examinations and audits.
• Partner with the fiduciary team to identify key risk issues involving fiduciary accounts and activities including, identifying fiduciary issues in account transactions to route to the correct committee or person to be assessed and resolved appropriately.
• Partner with Fiduciary Management leadership team to identify systemic risk issues that would mitigate risk and enhance operations of the fiduciary organization.
• Develop effective working relationships with the Fiduciary leadership team, key business partners and senior leaders of the Division.
• Serve as an advisor to business line staff.
• Participate in regulatory examinations and internal audits pertinent to the Wealth Management Division and work with the first and second lines of defense
• May set policy or develop and oversee implementation of procedures or controls related to compliance requirements within a business processes.
• May directly or indirectly monitor functions to ensure procedures and controls are functioning as designed.
• May develop training of business line personnel regarding procedures and controls designed to ensure compliance with laws and/or regulations.
• May participate in management of examinations or audits as well as any resulting corrective actions.
• Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.
• Identify risk-related issues needing escalation to management.
• 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.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level