WISD Business Risk Manager III

Overview:Manages first line of defense risk management responsibilities of a specified business unit within the Institutional Client Services Division (“ICS”) in accordance with the Enterprise Risk Framework. Oversees the proactive identification, accurate assessment and reporting of risks impacting the business unit, including loss events and Key Risk Indicators (KRIs). Ensures the appropriate escalation of identified issues and the timely completion of remediation plans.Primary Responsibilities:Lead the planning, execution, and reporting for the business unit first line of defense risk management function including ensuring the documentation of key processes and internal controls across the division.Ensure the complete and proper identification and assessment of risks across the business unit in accordance with the Enterprise Risk Framework and the ICS FLOD Program.Assist with applicable reporting to business unit management, Bank management and internal risk committees.Monitor business unit performance with respect to established key risk indicators (KRIs) and assist in the remediation measures, as necessary.Work with business unit business partners to ensure the accurate and timely completion of Risk ControlSelf Assessments (RCSAs) and other risk management reporting across the business unit.Identify emerging risks and risks associated with new products, services, markets, channels or changes to existing products, services, markets or channels across the business unit and oversee the reporting of these risks to management and the Bank’s Markets, Products and Services Risk CommitteeEnsure the effective and efficient management, reporting and resolution of issues and remediation plans.Oversee the process for identifying and reporting risk events and losses in a timely manner.Escalate identified issues to the ICS Business Line Risk Officer and business unit management.Assist in the development, implementation and oversight of the maintenance of policies for ICS, including updating policies in response to federal, state or business unit process changes. Respond to internal and external requests in relation to departmental policies and procedures.Provide coaching and mentoring to the staff. Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance.Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis. Identify risk-related issues needing escalation to management.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.Supervisory / Managerial Responsibilities:No of employees: 3Education and Experience Required:Bachelor’s degree and a minimum of 9 years’ relevant work experience specific to the business unit supported, or in lieu of a degree, a combined minimum of 13 years’ higher education and/or work experience, including a minimum of 9 years’ relevant work experience specific to the business unit supportedEducation and Experience Preferred:Certification related to the specific business unit supportedM&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $141,800.00 - $236,400.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.LocationWilmington, Delaware, United States of AmericaSummaryLocation: Wilmington, DEType: Full time