Institutional Services Risk - Control Design Specialist III

M&T Bank Corporation; Wilmington (DE); On-site; USD 82,000 - 137,000; Full time

Benefits offered by this job

Medical benefits

Volunteer time off

Job summary

M&T Bank Corporation in Wilmington, DE, is seeking an Institutional Services Risk Control Design Specialist focused on analyzing process and control design. You will coordinate with business partners to provide critical review and challenge on process design, facilitate improvements, and help establish a sustainable control environment.

Responsibilities include driving control improvements, reviewing process maps and control language, identifying risks, leveraging data and automation, and

Qualifications

• Bachelor’s degree plus 5+ years in risk/control, banking or capital markets.
• Three years cross-functional teamwork and strong communication skills.
• Ability to influence, present to all levels and move projects forward.

Responsibilities

• Drive process and control improvement by providing timely feedback to business partners across the segment.
• Review process maps, procedures, and control design language to inform feedback on risk and process enhancements.
• Identify and communicate applicable risks to partners, reach consensus, and facilitate change.
• Identify opportunities to leverage data and automation to strengthen processes and efficiency.
• Maintain understanding of institutional services product offerings, processes, and regulatory criteria.
• Manage several workstreams, balance priorities, and provide status updates regularly.
• Promote a belonging environment and reflect the M&T Bank brand.
• Complete other related duties as assigned.

Skills

Verbal communication

Written communication

Cross-functional collaboration

Management skills

Education

Bachelor’s degree

Master’s degree preferred

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 5 years' relevant work experience, or in lieu of a degree, a combined minimum of 9 years' higher education and/or work experience, including a minimum of 3 years' experience in the Banking and Capital Markets 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 quantitative/analytical discipline such as Finance, Accounting or Economics, and/or a Master’s degree. Public accounting experience on audits of banking industry SEC registrants is preferred.

Pay Range

The pay range for this position is $82,100.00 - $136,900.00 Annual (USD).

Location

Location: Wilmington, Delaware, United States of America

Company Information

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution.

M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.

Benefits

• Competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year.

Core Values

Our core values – integrity, ownership, collaboration, curiosity, and candor – drive the work we do.

EEO Statement

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.

View M&T’s Human Capital Report to learn more.