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M&T Bank · 2 weeks ago

Business Risk Partner - Stablecoin

Buffalo, NY

Full-time

Onsite

Senior Level

$108K/yr - $179K/yr

7+ years exp

M&T Bank is seeking a Business Risk Partner for their stablecoin, embedded banking, and digital asset risk management responsibilities. This role involves overseeing risk management functions, coordinating regulatory submissions, and providing support to the First Line Risk Officer while ensuring compliance with established risk frameworks and controls.

Financial Services

H1B Sponsor Likely

Hiring Manager

Meredith Toman PHR

Responsibilities

Lead the planning, execution, and reporting of the business unit's first line of defense risk management function specific to stablecoin, embedded banking, and digital asset activities, including ensuring the documentation of key processes and internal controls. Ensure the complete and proper identification and assessment of risks in the business unit's key processes in accordance with the Enterprise Risk Framework, internal guidance, and risk management professional standards

Lead the coordination of regulatory submissions to the New York State Department of Financial Services

Drive the development, execution and reporting of the business unit's risk-based testing program. Ensure control testing is performed in accordance with M&T's First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards

Oversee reporting to Business Unit Management and internal risk committees. Provide direct assistance/support to the First Line Risk Officer

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. 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 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 and oversee the process for identifying and reporting risk events and losses in a timely manner. Appropriately escalate identified issues to the First Line Risk Officer and business unit management

Develop, implement and oversee the maintenance of policies for the business unit. This includes the updating of policies in response to federal, state or business unit process changes. Respond to both internal and external requests in relation to departmental policies and procedures

Provide coaching and mentoring to junior staff. Review and approve test results. Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance Portfolio Managers

Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies

Promote an environment that supports belonging 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

Qualification

Risk ManagementStablecoinEmbedded BankingDigital Asset RiskBSA/AML RiskLiquidity RiskCyber RiskRegulatory ComplianceCoachingMentoring

Required

Bachelor's degree

Minimum of 7 years' relevant work experience

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

Preferred

Experience in BSA/AML risk

Experience in liquidity risk

Experience in cyber risk

Company

M&T Bank

Glassdoor3.6

Great companies have an enduring sense of purpose.

Founded in 1856

Buffalo, New York, US

10001+ employees

http://www.mtb.com

H1B Sponsorship

M&T Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

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Trends of Total Sponsorships

2025 (116)

2024 (113)

2023 (84)

2022 (103)

2021 (42)