Business Risk Team Lead

Overview Hybrid 4 days in office; salary is dependent on location. Implement defined first line of defense risk management initiatives within the business unit in support of the Enterprise Risk Framework. Manage the risk work and employee assignments to those initiatives. Serve as Subject Matter Expert for execution of risk functions and as project leader on complex and highly visible risk management projects. Primary Responsibilities Responsible for the execution of risk initiatives that this position leads or for which the team is responsible. Completely and accurately document key business processes. Identify and assess risks and internal controls associated with 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. Review testing and evaluate results to determine if issues exist. Independently perform scripted testing and handle system administrative duties such as 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 the risk control structure. Accurately complete Risk Control Self Assessments (RCSAs) and other risk management reporting, recommending enhancements. 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 ones and outline the control structures needed to mitigate them. 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 adherence to policies and procedures for the business unit, including updates or enhancements as processes change. Assist in responding to internal and external requests related to departmental processes and procedures. Provide informal coaching to staff. Offer input to management regarding staff performance and the 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 and issues raised by external regulators. Complete other related duties as assigned. Education and Experience Bachelor’s degree and a minimum of 5 years' relevant work experience, or in lieu of a degree, a combined minimum of 9 years of higher education and/or work experience, including at least 5 years of relevant experience. Pay range: $98,500.00 – $164,100.00 Annual (USD). Location: Timonium, Maryland, United States of America. Benefits Competitive benefits including medical and retirement plans, and forty hours of paid volunteer time each year. EEO Statement M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. Additional Policies M&T Bank Corporation has policies and procedures in place to promote a drug‑free workplace. #J-18808-Ljbffr