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M&T Bank
Business Risk Analyst IIM&T Bank • Buffalo, NY, United States
Business Risk Analyst II

Business Risk Analyst II

M&T Bank • Buffalo, NY, United States
30+ days ago
Salary
$62,200.00 yearly
Job type
  • Full-time
Job description

Finance Risk Management Role

This role will be four days onsite (one day remote) in Buffalo, NY. Must be within a commutable distance or willing to relocate.

Overview:

Support the finance first line of defense risk management function by assisting with the identification and assessment of risks, risk monitoring and testing, and issues management. Provide assistance in the development and implementation of various operational risk/compliance related initiatives within the business unit. The successful candidate could work with representatives from one of the following areas: Controllership, Financial Planning & Analysis, Investor Relations, Tax, or Strategy.

Primary Responsibilities:

  • Assist in completely and accurately documenting key business unit processes. Identify and assess risks and internal controls associated with these key processes.
  • Assist in the planning, execution and reporting of the business unit's risk-based testing program. Perform control testing in accordance with M&T's First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards.
  • Specific control testing responsibilities will involve the planning and execution of control and substantive testing, and evaluating results to determine if issues exist. Communicate findings to management. Independently perform scripted testing of controls.
  • Monitor business unit performance with respect to established key risk indicators (KRIs) and assist in the creation of comprehensive KRI reporting.
  • Assist in identify emerging risks and risks associated with new products/services/markets/channels or changes to existing products/services/markets/channels.
  • Assist with the completion of Risk Control Self Assessments (RCSAs) and other risk management reporting.
  • Research and assess regulatory requirements impacting the business unit.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • 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.

Education and Experience Required:

  • Bachelor's degree and a minimum of 2 years' relevant work experience, or in lieu of a degree, a combined minimum of 6 years' higher education and/or work experience, including a minimum of 2 years' relevant work experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $62,200.00 - $103,600.00 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

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Business Risk Analyst II • Buffalo, NY, United States

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