Operational Risk Specialist - Consumer Banking (Hybrid)

M&T Bank • Buffalo, NY

401d • $70,024 - $116,706 • Hybrid

About The Position

The Operational Risk Specialist in Consumer Banking at M&T Bank is responsible for delivering second line risk management services in accordance with established policies and industry standards. This hybrid role requires collaboration with various risk partners and involves identifying, assessing, quantifying, documenting, escalating, reporting, and communicating unmitigated risks within the business. The specialist will support the evolving risk management landscape and maintain relationships with line personnel to stay informed about changes in the business and emerging risks.

Requirements

• Bachelor's degree and two years' experience in compliance, legal, audit, risk, or other relevant functions, OR a combined minimum of six years' higher education and/or work experience including two years' experience in compliance, legal, audit, risk, or other relevant functions.
• Knowledge of risk analytics, including the development, implementation, and use of relevant decision technologies, such as eGRC systems.

Nice To Haves

• Risk and/or reporting experience
• Consumer Banking experience

Responsibilities

• Develop and produce departmental reports, spreadsheets, and project work related to specific risk disciplines.
• Evaluate an area's management of key processes for effective mitigation of operational risk.
• Ensure adherence to key operational policies and procedures.
• Utilize the Risk Management Framework and assist in developing and implementing its elements, focusing on less complex areas.
• Assist in collecting data for presentations related to the operational risk environment for management.
• Communicate effectively with others throughout the Bank to obtain necessary information for reporting.
• Prepare materials and presentations for management and deliver presentations when required.
• Discern and formalize the impact and likelihood of issues or policy violations with oversight.
• Meet training requirements assigned by the Bank, Division, and Department.
• Identify appropriate, cost-effective training opportunities with management.
• Pursue knowledge of new bank initiatives, such as Agile project management methodology.
• Support internal and external changes positively within the department or Bank.
• Adhere to compliance and operational risk controls according to Company or regulatory standards.
• Promote an environment that supports diversity and reflects the M&T Bank brand.
• Maintain internal control standards, including timely implementation of audit points and issues raised by regulators.
• Complete other related duties as assigned.

Benefits

• Competitive salary based on experience
• Comprehensive health insurance
• 401k retirement plan
• Paid time off and holidays
• Professional development opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree