Senior Manager of Enterprise Risk & Controls

Senior Manager of Enterprise Risk & Controls Senior Manager of Enterprise Risk & Controls sits within ERM’s Risk & Control Office and is responsible for providing risk & control standards, guidance, training, and assessment. The role partners closely with business lines and corporate functions to support adoption of the program including RCSA, process mapping, control inventory, control testing and insight surrounding risk events and issue management, remediation tracking, and KRI reporting. The position advises line management, senior leadership and executive leadership on risk to the businesses or functions supported, and coordinates information sharing with other risk partners. It manages activities that help the Bank keep pace with the evolving landscape of risk management and identifies continuous improvements in the execution of practices within the Risk Management Division. The role may provide input to forthcoming strategy and direction and supports collaboration and efficiency among risk partners. The individual functions autonomously in the oversight or execution of one or more risk activities, plays a key role in developing program‑level activities, and is a subject matter expert in the businesses or functions they support, understanding other risk elements and the Bank overall. Primary Responsibilities Manage Enterprise Risk & Control Program (Governance, Reporting, Assessment, Coordination, Continuous Improvement and Training) Establish and maintain key components of the program centering around control taxonomy, control policy, RCSA methodology, issues management standards and escalation protocols Provide guidance, advisory support and independent challenge to FLROs to achieve alignment to the requirements in the R&C policy and strengthen key areas such as RCSA, process mapping and control inventory, control design and testing/assurance alignment, issues management and KRI reporting Build an integrated control effectiveness program focused on strengthening the control environment Drive enterprise risk aggregation and thematic analysis reporting through governance forums, influencing stakeholders on required enhancements to controls, documentation quality, risk decisions, repeatable findings analysis, cross LOB trends, emerging risks and including escalation where appropriate Draw insight and coordination surrounding issues focusing on operational resilience risk across LOBs with respective SLOD / FLROs surrounding business continuity, technology resilience, TPRM, cyber and crisis management readiness Responsible for management of one or more Enterprise Risk Management areas of focus across multiple business lines and risk pillars Use the Risk Management Framework to develop and implement various elements of the framework, providing independent oversight and critical challenge of the identification, assessment, monitoring, mitigation and reporting of all significant risks within the First Line of Defense and throughout the Risk division; ensure framework elements accurately reflect the risk environment, identify gaps or deficiencies, and ensure remediation addresses the risk; uplift issues through the governance structure up to and including senior management Manage, execute or deliver the completion of high‑complexity, ad‑hoc and appropriately detailed reports, spreadsheets and project work related to one or more risk disciplines based on required frequency (e.g., daily, weekly, monthly or quarterly); ensure adequate analysis and challenge of existing reporting to identify improvement opportunities Collect data and analysis for presentations for/to senior management and various risk committees; prepare and present materials to business partners, senior and executive management and risk committees Provide leadership over highly complex analysis and judgment‑based work to support business decisions; review work of others for accuracy and champion the Bank’s goals, Department objectives and risk culture Serve as primary point of contact, effectively communicating and collaborating with all stakeholders (Senior Managers, executive management, Board, first‑line risk and other second‑line risk partners) regarding risk matters; respond to State and Federal Regulatory Agencies, Internal Audit and Legal as required Identify program gaps and develop remediation plans; elevate identified gaps to risk governance committees and executive management as necessary; continuously enhance Enterprise Risk Management program elements to improve effectiveness and oversee implementation of enhancements to processes Define and participate in achieving short and long‑term business objectives; may assist with budget, P&L and other business reporting; analyze variances and report to leadership; recommend and implement cost‑saving or efficiency improvements Drive continuous improvement of existing processes and develop new processes/solutions to achieve short and long‑term business objectives, adapting to dynamic change Lead/oversee departmental procedures and other documentation to demonstrate processes; resolve risk issues; enhance reporting and or information necessary to assess risk; support training and materials used by the department and/or the Bank Direct participation in specific regulatory inquiries, examinations and ongoing periodic status updates; represent the department to State and Federal Regulatory Agencies and Internal Audit Lead/participate in various risk committees and other meetings; communicate relevant concerns to appropriate management; participate in industry peer groups, forums, and associations that may affect the business/department On a limited basis, serve as departmental representative when other areas of the Bank request a presentation of the department Exercise usual authority of a manager for staffing, performance appraisals, promotions, salary recommendations, performance management and terminations; provide guidance and direction with respect to team members’ career goals Meet training requirements assigned by the Bank, Division and Department; pursue knowledge of new bank initiatives (e.g., Agile project management methodology); limited travel may be required for infrequent seminars and conferences Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite; 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 Scope of Responsibilities Support the CRO and the Bank through oversight of governance and enterprise risk processes Influence senior and executive leadership Escalate identified risks Inform Risk Division, senior and executive leadership and the Board of risk management activities through discussion and governance of committees Manage activities for laws and rules that apply across the enterprise Administer Risk Committee activities, ensuring appropriate committee structure, consistent operations and escalation of risks Stay abreast of evolving themes in risk, understanding internal and external factors that may impact the Bank Manage technology such as the eGRC system, administrative and reporting processes Evaluate the area’s management of key processes for effective and efficient mitigation of risk Develop data, analytics and reporting that support identification, assessment, monitoring, mitigation and reporting of all significant risks Develop, administer and monitor training and precision leadership activities for the Risk Division Support automation of processes Support risk pillar specific processes as needed Managerial/Supervisory Responsibilities Manage a team of Specialists and/or Advisors. May manage other Risk Managers. Education and Experience Required Bachelor’s Degree 10 years of experience in risk, reporting and analytics, governance, or other relevant function OR in lieu of degree, combined minimum 14 years of higher education and/or work experience, including 10 years in risk, reporting and analytics, governance, or other relevant function Minimum of 5 years managerial or supervisory experience Education and Experience Preferred Master’s degree or MBA Effective communicator with senior and executive management via phone, email or in person to obtain information necessary for completion of reporting, project information and issue resolution Proficient computer skills (including spreadsheets and word processing software), analytical skills, knowledge of applicable laws, written and verbal communication at all levels Ability to design and implement process, control and system changes Knowledge of risk analytics and reporting, including the development, implementation and use of all relevant decision technologies such as eGRC systems Interacts with external peers and professional organizations to remain aware of changing or emerging risks and bring key information for continuous monitoring and other oversight activities Demonstrated leadership capabilities M&T Bank is committed to fair, competitive, and market‑informed pay for our employees. The pay range for this position is $157,400.00 – $262,300.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location New York, New York, United States of America #J-18808-Ljbffr