M&T Bank

Operational Risk Senior Manager

M&T Bank

full-time

Posted on:

Location Type: Hybrid

Location: New York City • Connecticut, Massachusetts, New York • 🇺🇸 United States

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Salary

💰 $166,881 - $278,135 per year

Job Level

Senior

About the role

  • Manage all aspects of the second line risk management responsibilities for the designated business/function oversight in line with the Operational Risk Management framework and stakeholder expectations
  • Provide oversight, critical challenge, and reporting of the identification, assessment, monitoring, mitigation and reporting of all significant risks throughout the business/function
  • Challenge unmitigated risks and assess adequacy and timeliness of remediation; escalate identified gaps to risk governance committees and executive management as necessary
  • Manage or execute completion of detailed reports/presentations for senior level audiences, providing opinions on the state of the operational risk environment
  • Determine inclusion of risk events in reporting to external stakeholders, Regulatory Reporting, and executive and senior management
  • Interact regularly with senior, middle and line management, external peers and professional organizations to monitor emerging risks and incorporate into monitoring and oversight
  • Lead and/or participate in risk committees, deliver governance and assess adherence to risk appetite
  • Communicate with stakeholders including senior and executive management regarding risk matters, using audience-appropriate insights and materials
  • Participate in and respond to regulatory inquiries and examinations; deliver remediation actions and represent second line at regulator/Internal Audit discussions
  • Implement departmental procedures within team and provide guidance; meet assigned training requirements and pursue knowledge of bank and industry initiatives
  • Provide guidance and direction to team members on Operational Risk program execution, formal objectives and personal development; provide performance feedback
  • Oversee a team of individuals within the operational risk discipline; report to Senior Director-Operational Risk Management and exercise independent judgment and discretion

Requirements

  • Bachelor’s degree and ten years' experience in compliance, legal, audit, risk or other relevant function
  • Or in lieu of degree: combined minimum fourteen years’ higher education and/or work experience including ten years’ experience in compliance, legal, audit, risk or other relevant function
  • Minimum of five years’ managerial or supervisory experience
  • Demonstrated leadership capabilities
  • Proficient computer skills (including spreadsheet and word processing software)
  • Analytical skills
  • Working knowledge of applicable laws
  • Strong written and verbal communications with all levels
Benefits
  • Competitive benefits, including medical
  • Retirement plans
  • Forty hours of paid volunteer time each year
  • Market-informed pay
  • Hybrid work arrangement (in-office 3 days/week)

ATS Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
risk managementregulatory reportingcomplianceauditanalytical skillsreportingrisk assessmentrisk mitigationremediationoperational risk
Soft skills
leadershipcommunicationteam managementcritical thinkingstakeholder engagementperformance feedbackguidanceorganizational skillsproblem-solvinginterpersonal skills
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