Job details

Business Risk Specialist II

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This role is not eligible for visa sponsorship, meaning you will need to be able to secure and maintain work authorization without the need for a written submission by the company to the government agency, or the need for the company to make an entry as the immigration employer of record (e.g., STEM OPT training plan, I-20 Form endorsed for CPT, TN employer, etc.)

Overview:

Support the first line of defense risk management function by assisting with the identification and assessment of risks, risk monitoring and testing, and issues management. Provide assistance in the development and implementation of various operational risk/compliance related initiatives within the business unit.

Primary Responsibilities:

Assist in completely and accurately documenting key business unit processes. Identify and assess risks and internal controls associated with these key processes.
Assist in the planning, execution and reporting of the business unit's risk-based testing program. Perform control testing in accordance with M&T's First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards.
Specific control testing responsibilities will involve the planning and execution of control and substantive testing, and evaluating results to determine if issues exist. Communicate findings to management. Independently perform scripted testing of controls.
Monitor business unit performance with respect to established key risk indicators (KRIs) and assist in the creation of comprehensive KRI reporting.
Assist in identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels.
Assist with the completion of Risk Control Self Assessments (RCSAs) and other risk management reporting.
Research and assess regulatory requirements impacting the business unit.
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
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.

Education and Experience Required:

Bachelor’s degree and a minimum of 2 years' relevant work experience, or in lieu of a degree, a combined minimum of 6 years' higher education and/or work experience, including a minimum of 2 years' relevant work experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $66,979.45 - $111,632.42 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

Average salary estimate

$89305.935 / YEARLY (est.)

min

max

$66979.45K

$111632.42K

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What You Should Know About Business Risk Specialist II, MTB

As a Business Risk Specialist II at M&T Bank in Wilmington, DE, you're stepping into a pivotal role that supports our first line of defense risk management function. This is a fantastic opportunity for you to assist with the identification, assessment, and monitoring of risks while managing compliance within the business unit. Your key responsibilities will include documenting important business unit processes and evaluating the risks and internal controls associated with them. You’ll be engaged in planning and executing a risk-based testing program, performing control testing, and sharing findings with management. Moreover, you will help monitor performance based on key risk indicators (KRIs) while also identifying emerging risks linked to new products or market changes. We believe in promoting a supportive environment that reflects our values and encourages diversity. To thrive in this role, you should have a bachelor’s degree along with a minimum of two years of relevant work experience. At M&T Bank, we're committed to fair compensation, and the salary range for this position is between $66,979.45 to $111,632.42 annually. Dive into a role where you can make a real impact and help us manage risks effectively at M&T Bank.

Frequently Asked Questions (FAQs) for Business Risk Specialist II Role at MTB

What are the primary responsibilities of a Business Risk Specialist II at M&T Bank?

As a Business Risk Specialist II at M&T Bank, your primary responsibilities include documenting business processes, assessing risks and internal controls, and executing the risk-based testing program. You will communicate findings to management, monitor key risk indicators (KRIs), identify emerging risks, and assist with regulatory compliance. Your role is crucial for maintaining the organization's risk management framework.