2027 Management Development Program - Internal Audit (Buffalo, NY)

M&T Bank•Buffalo, NY

11d•$30 - $44•Onsite

About The Position

The Management Development Program (MDP) in Internal Audit is a one-year, non-rotational training program designed for recent college graduates. Participants will engage in ten weeks of Core Training, covering banking fundamentals, financial skills, technical skills, and leadership/interpersonal skills, followed by one year of On-the-Job training (OJT). The program aims to provide a comprehensive understanding of M&T Bank's operations, risks, and challenges, preparing participants for future roles within the Audit Division. This includes identifying risk and control opportunities, developing and executing audit tests, and providing recommendations to business lines. The program emphasizes gaining insight into strategic drivers and risks across various business lines within the Bank.

Requirements

Bachelor's Degree candidate at a school where M&T Bank recruits MDPs (or an MBA student with no work experience).
Outstanding academic credentials (GPA of 3.0 or better).
Up to 1 years' work experience.
Outstanding written and verbal communication skills.
Demonstrated interpersonal skills.
Demonstrated analytical skills.
Demonstrated computer skills.
Demonstrated presentation skills.
Demonstrated leadership abilities.
Work/internship experience.

Nice To Haves

Interest in leveraging data analyst skills, with opportunities to utilize various technologies and innovation during audit work.

Responsibilities

Participate in and complete a one-year long, non-rotational training program while creating and adding value to assigned department.
Receive job specific training, general training in banking, communication and leadership, and personalized coaching and feedback.
Participate in training throughout the one-year assignment to learn banking, basic financial skills, technical skills, and leadership/interpersonal skills.
Develop a solid understanding of banking functions, processes, and operations.
Participate in group project assignments, working with a team of their peers to build relationships within their teams as well as with project sponsors, internal and external contacts, and senior management.
Make presentations to senior management at the conclusion of each project providing recommendations and potential project solutions.
Combine fundamental skills taught in core training with On-the-Job training based on the incumbent's assignment.
Learn departmental policies, procedures, systems, and products through job-specific training.
Complete tasks in a manner that are compliant with applicable laws and regulations and/or that serve to help the Company be in compliance with laws and regulations that apply to the business line the position supports.
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.
Execute assigned audit tasks in a risk-focused manner while maintaining independence and adhering to department and professional industry standards and within established budget and timeframe.
Assist in the execution and documentation of audit testing to support the delivery of high-quality, value-added audit reports for a variety of business activities, which meet the requirements of the Audit Committee and regulatory expectations.
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
Communicate and present directly to leadership in Audit: including department directors, as well as senior management.
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.