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Business Risk Partner – Specialty & Institutional Banking

Business Risk Partner – Specialty & Institutional Banking

CompanyM&T Bank
LocationBuffalo, NY, USA
Salary$100611.94 – $167686.57
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior, Expert or higher

Requirements

  • Bachelor’s degree and a minimum of 7 years’ relevant work experience
  • or in lieu of a degree, a combined minimum of 11 years’ higher education and/or work experience, including a minimum of 7 years’ relevant work experience

Responsibilities

  • Lead the planning, execution, and reporting of the business unit’s first line of defense risk management function including ensuring the documentation of key processes and internal controls.
  • Drive the development, execution and reporting of the business unit’s risk-based testing program.
  • Oversee reporting to Business Unit Management, Scenario Management and internal risk committees.
  • Monitor business unit performance with respect to established key risk indicators (KRIs) and prepare comprehensive KRI reporting.
  • Ensure the accurate and timely completion of Risk Control Self Assessments (RCSAs) and other risk management reporting.
  • Identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels and oversee the reporting of these risks to management and the Markets, Products and Services Risk Committee.
  • Ensure the effective and efficient management and reporting of issues, including remediation plans.
  • Develop, implement and oversee the maintenance of policies for the business unit.
  • Provide coaching and mentoring to the staff.
  • Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • 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.

Preferred Qualifications

    No preferred qualifications provided.