Financial And Operational Risk Specialist - Commercial Insurance, Finpro & Cyber (Hybrid - Buffalo, NY)

Overview: Responsible for managing the Bank’s commercial insurance programs with a focus on Financial Lines (FINPRO), Cyber, and structured finance-related coverages. This role requires hands-on experience with policy management, Mortgage Impairment /GSE requirements, invoicing, policy tracking, and claims coordination within a financial services environment. Key Responsibilities Manage and support Commercial Insurance programs, including FINPRO and Cyber Oversee coverage for mortgage impairment, master trust structures, and bond-related exposures Maintain and track insurance policies, renewals, endorsements, limits, and coverage details Coordinate and issue Certificates of Insurance (COIs), including support for GSE requirements Review and process insurance invoices, premium payments, and allocations Ensure accurate tracking of policy documentation, claims activity, and coverage records Partner with Finance, Legal, Risk, executive team, and external brokers/carriers to align coverage with exposures Monitor claims and loss trends and communicate emerging risk themes Support reporting, audits, and regulatory requests related to insurance and operational risk Maintain clear documentation and support governance activities Required Qualifications Bachelor’s degree and five years' experience in Financial Lines and Professional Lines insurance, which includes: Direct experience managing Commercial Insurance programs, including: FINPRO (D&O, E&O, Crime) and Cyber insurance GSE requirements and understanding COI issuance based on client and GSE requirements Policy tracking, renewals, and documentation management Invoice review, premium payment, and reconciliation Strong understanding of insurance policy structure and coverage interpretation Experience working with brokers, carriers, and internal finance teams Experience in banking, lending, or structured finance environments Knowledge of mortgage impairment, master trust, or bond-related insurance structures Background in claims tracking or insurance program administration Ability to manage multiple insurance programs with regulatory and deadline pressures M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $71,600.00 - $119,300.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Buffalo, New York, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more. Ready to join our team? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at View email address on click.appcast.io for assistance. 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. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace. Career Site Privacy Notice