Enterprise Risk Director

Enterprise Risk Management Manager

This position is responsible for the management and oversight of the delivery of second line Enterprise Risk Management services in line with area policies, industry standards, and management expectations. The position is responsible for advising senior leadership and executive leadership as it relates to risk of the businesses or functions supported, and is expected to coordinate information sharing with other risk partners. The position will be responsible for management of activities that help the Bank keep pace with the evolving landscape of the risk management environment and identifying continuous improvements in the execution of practices within the Risk Management Division. The position may be responsible in positively influencing both internal and external personnel, as applicable. The role is responsible for developing strategy and direction, and be able to do so in context of the bigger picture and in a manner that supports collaboration and efficiency amongst its risk partners, as applicable. The position requires the ability to function autonomously in the oversight and / or execution of multiple risk activities in support of the services described above and will ensure the development of program level activities. Activities performed will help the Bank and areas supported adhere to the expectations of the enterprise risk framework and the expectations of key stakeholders, up to and including the Board. The position must remain apprised of changes in the business, as well as to communicate and present emerging risks, changes to the regulatory landscape, and consideration of cost beneficial risk management enhancements for the business. The individual is considered a subject matter expert in the businesses or functions that they support, and is able to understand other risk elements of the business, as well as the business in context of the Bank overall.

Primary Responsibilities :

• Responsible for management of one or more areas of Enterprise Risk Management such as : Regulatory Affairs or Reporting Center of Excellence.
• Develop, maintain and implement corporate risk policies, the overall framework and enterprise risk strategy ensuring adequate subject matter expertise and / or data is available.
• Provide independent oversight and critical challenge of the identification, assessment, monitoring, mitigation, and reporting of all significant risks and risk practices within the First Line of Defense and throughout the Risk division.
• Manage the delivery the completion of high-complexity, ad hoc and appropriately detailed reports, spreadsheets and project work related to multiple risk disciplines based on required frequency (e.g. daily, weekly, monthly or quarterly).
• Oversee the collection of data and analysis for presentations for / to senior management and governance committees.
• Provide leadership to the department over highly complex analysis and judgment based work over multiple disciplines when used to support business decisions.
• Serve as primary point of contact and lead in effectively communicating and collaborating with all stakeholders in the Bank including Senior Managers, executive management and the Board, first line risk and other second line risk partners with respect to risk related matters and in a manner in which the Bank manages its risks.
• Identify program gaps and develop remediation plans to address those gaps in a timely manner.
• Define and lead efforts in the achievement of short and long-term business objectives.
• Drive continuous improvement of existing processes and develop new processes / solutions to achieve short and long term business objectives based upon limited information and direction.
• Lead / oversee the implementation of departmental procedures and other documentation to demonstrate processes.
• Direct participation in specific regulatory inquiries, examinations and ongoing periodic status updates.
• Lead / Participate and / or serve as a committee member, as appropriate, in various risk committees.
• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
• Meet training requirements assigned by the Bank, Division and Department.
• Understand and adhere to the Companys risk and regulatory standards, policies and controls in accordance with the Companys Risk Appetite.
• 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 :

Managerial / Supervisory Responsibilities :

Education and Experience Required :

Education and Experience Preferred :

Physical Requirements : None

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $140,621.49 - $234,369.15 Annual (USD). The successful candidates particular combination of knowledge, skills, and experience will inform their specific compensation.

Location : Buffalo, New York, United States of America

M&T Bank Corporation is an Equal Opportunity / Affirmative Action Employer, including disabilities and veterans.