About The Position

Serves as a member of the Management Development Program (MDP) and participates in ten weeks of Core Training and one year of On-the-Job (OJT) training. Core Training responsibilities include participation in classroom training, observations of departmental presentations, interaction with senior management, peer networking, and working in teams on two group project assignments. OJT responsibilities vary by department and are assigned by the department manager. The position may be responsible for additional projects as assigned by the department manager or Leadership Development Manager-MDP. The Audit division provides independent, objective assurance and advisory services designed to add value and improve the M&T Bank’s operations. Audit helps our organization accomplish its objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes. An MDP within the Audit division would be working alongside a team to identify risk and control opportunities within a business line, partner with team to develop and execute testing of an audit and provide recommendations to the business line going forward.

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

  • If an MDP has an interest in as a career leveraging their data analyst skills, there is an opportunity within the Audit division to work directly with Audit teams and the LOB as a data analyst within a specific portfolio.

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.
  • 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.
  • Participate in ten weeks of 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 two 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.
  • Complete other related duties as assigned.

Benefits

  • Medical
  • Retirement
  • Forty hours of paid volunteer time, each year
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