Apply on Employer Site

M&T Bank · 1 week ago

Business Risk Team Lead (Hybrid)

Buffalo, NY

Full-time

Hybrid

Senior Level

$90K/yr - $149K/yr

5+ years exp

M&T Bank is a financial institution that is seeking a Business Risk Team Lead to implement risk management initiatives within the business unit. The role involves managing risk and control functions, executing risk initiatives, and providing guidance on remediation plans while ensuring compliance with internal and external standards.

Financial Services

H1B Sponsor Likely

Responsibilities

Responsible for the execution of risk initiatives that this position leads or for which their team is responsible to conduct. Responsible for completely and accurately documenting key business processes. Identify and assess risks and internal controls associated with the key processes under your leadership

Actively participate in the planning, execution and reporting of the business unit's risk-based testing program. Perform control testing as an individual contributor and ensure control testing is performed for the team's risk initiatives 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 review of testing, and evaluating results to determine if issues exist. Responsibilities may also include independent performance of scripted testing as well as system administrative duties such as the maintenance, validation, and / or updating in the compliance data management system (Archer). Communicate findings to management

Monitor business unit performance with respect to established key risk indicators (KRIs), and recommend enhancements to strengthen risk control structure

Accurately complete Risk Control Self Assessments (RCSAs) and other risk management reporting, recommending enhancements to each. Assist in the reporting and escalation of risk events and loss events

Identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels, as well as the control structures needed to mitigate the risks

Provide guidance on the development of remediation plans. Manage the timely completion of remediation plans and other projects to address issues identified internally and by Enterprise Risk Management, Compliance, Internal Audit or external regulators. Validate the quality of the plans implemented

Implement and oversee the adherence to policies and procedures for the business unit. This includes identifying updates or enhancements as business unit processes change. In addition, assist in responding to both internal and external requests in relation to departmental processes and procedures

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

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 managementControl testingRisk assessmentCompliance reportingProject managementCoachingCommunication

Required

Bachelor's degree and a minimum of 5 years' relevant work experience, or in lieu of a degree, a combined minimum of 9 years' higher education and/or work experience, including a minimum of 5 years' relevant work experience

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

Represents job field similar to this job

Trends of Total Sponsorships

2025 (116)

2024 (113)

2023 (84)

2022 (103)

2021 (42)