Overview:

This position is responsible for the delivery of second line risk management services in line with area policies, industry standards, and management expectations.  The position is expected to work collaboratively with other risk partners, as applicable. This position will be responsible for positively supporting the evolving landscape of the risk management environment and assisting to identify efficiencies in risk management execution and practices within the business/functions it supports. The position requires the ability to function with a level of independence in the oversight and/or execution of one or more of the following activities in a manner that adheres to the expectations of the operational risk management framework, as it evolves, and the expectations of key stakeholders, up to and including the Board:  identification, assessment, quantification, documentation, escalation, reporting, and communication of unmitigated risks within the business.  The position has a solid understanding of the business or functions it supports, and continues to work towards gaining further knowledge/expertise.  The position requires the establishment of internal and external relationships with line level management and key personnel to remain apprised of changes in the business.  The role stays apprised of emerging risks and changes to the operational/regulatory landscape.   The role is able to identify and assess cost beneficial operational risk management considerations relating to the position’s assigned businesses/functions

Primary Responsibilities:

• Own Operational Loss Reporting processes for the bank, including near miss event, legal fees and aggregating events.
• Work closes with Business Line loss reports to ensure accurate documentation of all required Loss events.
• Collect, analyze and summaries data for Regulatory reporting based on defined requirements and adhere to
• Identify and develop changes to automate processes to reduce reliance on manual EUCs.
• Review and support External Event Assessments to support emerging risk identification across business lines.
• Develop and produce departmental reports, spreadsheets and project work related to specific a Risk discipline.
• Independently evaluate in a risk-based manner an area's management of key processes for the effective and efficient mitigation of operational risk.   Ensure adherence to key operational related policies and procedures. 
• Understand and utilize the Risk Management Framework, and develop and implement various elements of said framework such as key risk indicators (KRI), as appropriate.   Actively participate in initiatives to analyze various elements of said framework.
• Collect, analyze and summarize the data necessary for presentations relating to the operational risk environment for/to management.
• Work with the Business to evaluate all new products or changes to existing products and services to ensure key risks are appropriately identified and mitigated, and residual risk is appropriately defined.  Coordinate applicable governance activities. 
• Effectively communicate with others throughout the Bank, including management, via phone, email or in person to obtain information necessary for the completion of reporting, project information and issue resolution.
• Assist by preparing materials/presentations for management and in some circumstances delivering presentations to management.
• Actively participate in designated risk committees and other meetings, serving as the second line of defense representative in any discussions.  Ensure the communication of relevant concerns or positions taken to appropriate management. 
• Serve as a liaison to assigned business units (BUs).  Escalate significant and/or unresolved risk-related matters to Department management.
• Collaborate with first line risk and second line risk partners in a coordinated manner when addressing risk events of the business line. 
• Draft/Document departmental procedures and other documentation to demonstrate the process.
• Interact with external peers and members of professional organizations to remain aware of changing or emerging risks and proactively bring key information to team for inclusion/consideration in continuous monitoring and/or other oversight activities. 
• Discern and formalize the impact, likelihood and root cause of issues and/or violations of policy.
• Identify areas of opportunity for efficiency or further effectiveness in departmental processes, and make recommendations to management on the enhancements.   
• Effectively assess both impact and likelihood in using discretion when determining the appropriate approach to resolving matters that require resolution.
• Meet training requirements assigned by the Bank, Division and Department through self-management of appropriate, applicable, cost-effective  training opportunities.  Proactively pursue knowledge of new bank initiatives (i.e. Agile project management methodology).
• Support efforts to develop and improve training materials utilized by the department and/or the Bank.
• Provide guidance and direction to others regarding various matters, which may include the data necessary for the construction of simple quantification methods, predictive statistical models or other items intended to enhance risk reporting.
• Support levels of change internally within the department or externally within the Bank, in a positive manner. Develop solutions to issues and make adjustments to expected or normal external requirements.
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• Promote an environment that supports diversity 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.

Specific to Posting:

Risk Governance:  Supports the CRO and the Bank by managing the administrative governance, coordination and ongoing maintenance of the Bank’s framework for managing risk.
Operational Risk - WISD: Provides effective oversight and challenge of the identification, assessment, monitoring, mitigation, and reporting of all significant risks within the Wealth & Institutional Services Divisions.
Operational Risk - Enterprise Security: Provides effective oversight and challenge of the identification, assessment, monitoring, mitigation, and reporting of all significant risks within Cybersecurity, Technology, Financial Crimes, Physical Security and Continuity Planning areas of the Bank.   
Corporate Insurance:  Provides administrative support toward the maintenance of M&T Bank's insurance program, including monthly reporting, invoice processing, and claims management.
Operational Risk Loss and Measurement: Ensures that the operational risk appetite is defined through policies and standards, and monitors and reports the Company’s adherence to the framework as well as individual business units leveraging risk/event data. 
Operational Risk - Core Bank: Supports eGRC system administrative and reporting processes.

Supervisory/ Managerial Responsibilities:

No direct management but may provide guidance to analysts

Education and Experience Required:

Bachelor’s degree and five years' experience in compliance, legal, audit, risk or other relevant function,
OR in lieu of degree,
A combined minimum nine years’ higher education and/or work experience including five years’ experience in compliance, legal, audit, risk or other relevant function.

Proficient computer skills (including spreadsheet and word processing software), analytical skills, working knowledge of applicable laws, written and verbal communications w/ all levels.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $82,783.41 - $137,972.36 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location.

Location

Abilene, Kansas, United States of America