Institutional Services Risk - Control Design Specialist II

M&T Bank Corporation; Wilmington (DE); On-site; USD 68,000 - 114,000; Full time

Job summary

M&T Bank Corporation in Wilmington, DE seeks an Institutional Services Risk Control Design Specialist to analyze process and control design and coordinate with business partners on process improvements and risk management.

Responsibilities include reviewing process maps and control language, identifying risks, and leveraging data and automation to enhance efficiency while maintaining regulatory compliance. Strong communication and cross-functional collaboration are essential.

Qualifications

• Bachelor's degree and a minimum of 3 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 3 years' relevant work experience in the banking industry.
• Three years of experience in formulating, developing and working within cross-functional teams.
• Excellent verbal and written communication, cross-functional collaboration and management skills.
• Ability to communicate concepts/theories and develop alternative recommendations.
• Ability to make effective presentations to all levels of the organization.
• Ability to build consensus, and move projects forward despite roadblocks and competing functional priorities.

Responsibilities

• Drive process and control improvement by providing timely and insightful feedback to business partners across the segment.
• Review process maps, procedures, and control design language to inform timely and effective feedback on risk and potential process enhancements in support of achieving the Bank's risk management objectives and regulatory compliance.
• Effectively identify and communicate applicable risks to our partners within the segment, reach consensus, and facilitate change.
• Identify opportunities to leverage data and automation to strengthen processes and increase efficiency.
• Maintain and develop a comprehensive understanding of Institutional Services product offerings, business processes, and relevant regulatory compliance criteria.
• Manage several workstreams concurrently, balance competing priorities, and provide effective updates as to status and next steps on a recurring basis.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Complete other related duties as assigned.

Job description

Overview

The Institutional Services Risk Control Design Specialist will have a specific focus analyzing process and control design. The position is responsible for coordinating with our business partners across the segment with the objective of providing critical review and challenge on process design, facilitating process improvement, and ultimately supporting the establishment and maintenance of an effective and sustainable control environment.

Primary Responsibilities

• Drive process and control improvement by providing timely and insightful feedback to business partners across the segment.
• Review process maps, procedures, and control design language to inform timely and effective feedback on risk and potential process enhancements in support of achieving the Bank's risk management objectives and regulatory compliance.
• Effectively identify and communicate applicable risks to our partners within the segment, reach consensus, and facilitate change.
• Identify opportunities to leverage data and automation to strengthen processes and increase efficiency.
• Maintain and develop a comprehensive understanding of Institutional Services product offerings, business processes, and relevant regulatory compliance criteria.
• Manage several workstreams concurrently, balance competing priorities, and provide effective updates as to status and next steps on a recurring basis.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Complete other related duties as assigned.

Scope of Responsibilities

This position reports to the Institutional Services Head of Control Design. The individual would support process and control design analysis by effectively coordinating with business partners, reviewing process documentation, performing walkthroughs, providing feedback, and ultimately enabling the establishment of effective control processes to address relevant risks.

Supervisory / Managerial Responsibilities

N/A

Education and Experience Required

• Bachelor's degree and a minimum of 3 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 3 years' relevant work experience in the banking industry.
• Three years of experience in formulating, developing and working within cross-functional teams.
• Excellent verbal and written communication, cross-functional collaboration and management skills.
• Ability to communicate concepts/theories and develop alternative recommendations.
• Ability to make effective presentations to all levels of the organization.
• Ability to build consensus, and move projects forward despite roadblocks and competing functional priorities.

Education and Experience Preferred

• Bachelor's Degree in a quantitative/analytical discipline such as Finance, Accounting or Economics or Master's degree.
• Public accounting experience on audits of banking industry SEC registrants is preferred.

Location

Wilmington, Delaware, United States of America

Pay

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $68,400.00 - $114,000.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

About Us

With roots dating back to the founding of Wilmington Trust Company by T. Coleman du Pont in 1903, Wilmington Trust has been serving successful individual and institutional clients for more than a century. Wilmington Trust is internationally recognized and has a team of experienced and skilled professionals focused on delivering a high caliber of service to every client relationship. We are proud to be part of the M&T corporate family. 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 - 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.

Equal Employment Opportunity

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.