As a Business Risk Analyst II at M&T Bank, your primary responsibilities include documenting key business unit processes, conducting risk assessments, executing control testing, and reporting findings to management. You'll actively monitor performance against key risk indicators (KRIs) and assist in identifying emerging risks associated with new products or changes in services. Your role is crucial in ensuring we maintain robust operational risk management practices.

To qualify for the Business Risk Analyst II position at M&T Bank, candidates must have a bachelor's degree along with at least two years of relevant work experience. Alternatively, a combination of six years of higher education and/or work experience, including two years in a relevant field, can also be acceptable. Strong analytical skills and a keen understanding of risk management principles will significantly benefit candidates in this role.

M&T Bank is committed to the professional growth of its Business Risk Analyst II through comprehensive training programs and opportunities for advancement. Cell working within a diverse environment, employees are encouraged to continually enhance their skills through workshops, mentorship, and on-the-job training, ensuring they stay updated with the latest in risk management practices and industry standards.

The salary range for the Business Risk Analyst II at M&T Bank is between $60,890.34 and $101,483.90 annually. Compensation is determined based on a combination of relevant experience, knowledge, and skills, making it fair and competitive within the industry.

The work environment for a Business Risk Analyst II at M&T Bank is dynamic and supportive, promoting collaboration and open communication. The company values diversity and fosters an inclusive culture where employees can thrive. Teamwork is essential, as you'll collaborate closely with various departments to address risks effectively and enhance overall security.

As a Business Risk Analyst II, key processes might include risk identification, assessment procedures, and control testing protocols. It's important to communicate clearly how each process aligns with risk management objectives and how they contribute to the overall safety and integrity of the banking operations.

I approach risk assessment by first identifying potential risks and then evaluating existing controls to mitigate these risks. During control testing, I utilize established protocols and professional standards to ensure thorough testing and accurate reporting of any issues that may arise.

To monitor KRIs effectively, I regularly review performance metrics and reports, analyze trends, and communicate any deviations to management. By proactively identifying changes in KRIs, I can assist the business unit in addressing risks before they escalate.

I have conducted numerous RCSAs, focusing on the integral components of risk management frameworks. My approach includes facilitating discussions with team members to identify risks, documenting findings, and ensuring action items are aligned with regulatory requirements.

I ensure compliance by staying updated on relevant regulatory changes and incorporating them into our risk management practices. Regular training and reviewing compliance policies help maintain adherence to standards and prepare for any audits or assessments.

In a previous role, I encountered a situation where an audit highlighted several control deficiencies. I took initiative by working closely with departments to develop an action plan, ensuring that all weaknesses were addressed in a timely manner while enhancing our overall risk posture.

I stay proactive by conducting benchmarking studies, following industry trends, and communicating with cross-functional teams. Engaging with product development teams helps me identify shifts in the market that could present new risks early in their lifecycle.

I prefer to present risk findings through clear and concise reports, complemented by visual aids like graphs or charts. This ensures that the information is digestible and facilitates informed decision-making from management.

Collaboration is vital for effectively managing risks. I engage with various departments to share insights, discuss potential risks, and develop comprehensive strategies that enhance our overall risk management framework.

I prioritize tasks by assessing the potential risk impact and deadlines involved. Utilizing project management tools helps me stay organized, allowing me to focus on high-priority tasks while ensuring all responsibilities are addressed timely.