Shire Veteran Jobs

Overview:

Works with the Business Line Risk Manager (BLRM) in overseeing first line of defense risk management responsibilities of the Wealth divisions in accordance with the Enterprise Risk Framework. Provides support to the BLRM with the proactive identification, accurate assessment and reporting of risks impacting the Wealth divisions, including loss events and Key Risk Indicators (KRIs). Provides support to the BLRM to ensure the appropriate escalation of identified issues and the timely completion of remediation plans. Assists the BLRM and Business Risk Officer in setting direction for the department and risk policy of the organization.

Primary Responsibilities:

• Provide support to the planning, execution, and reporting of the Wealth divisions’ first line of defense risk management function including ensuring the documentation of key processes and internal controls. Ensure completion and proper identification and assessment of risks in the Wealth Divisions’ business unit's key processes in accordance with the Enterprise Risk Framework, internal guidance, and risk management professional standards.

• Provide reporting to Business Unit Management, Scenario Management and internal risk committees. Provide direct assistance/support to the Business Line Risk Officer.

• Monitor business unit performance with respect to established key risk indicators (KRIs) for the WISD divisions.

• Ensure the accurate and timely completion of Risk Control Self Assessments (RCSAs) and other risk management reporting. Develop a process by which emerging risks and losses are reviewed and incorporated into the RCSAs and KRIs.

• Identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels. Ensure 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. Support the development and monitoring of the process for identifying and reporting risk events and losses in a timely manner. Appropriately escalate identified issues to the Business Line Risk Manager and business unit management.

• Assist in development, implementation and monitoring and the maintenance of policies for the WISD divisions, including the updating of policies in response to Federal, state or business unit process changes. Respond to internal and external requests in relation to departmental policies and procedures.

• Provide informal coaching of staff and provide input to manager with regard to staff performance and growth/development of staff functions and responsibilities for risk initiatives they lead.

• 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 diversity 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:

Education and Experience Required:

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

Education and Experience Preferred:

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $110,673.13 - $184,455.22 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location:

Wilmington, Delaware, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.