Risk and Controls Testing Specialist

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

Job summary

M&T Bank Corporation is seeking a Control Testing Analyst in Wilmington, Delaware. The role focuses on executing risk-based control testing programs and evaluating control design and operating effectiveness across ISWM.

Candidates should have hands-on experience with control testing, RCSA, issue management, and strong communication with stakeholders. The position requires a bachelor’s degree with 2+ years of relevant experience, proficiency in Excel/PowerPoint, and familiarity with Archer or

Qualifications

• Bachelor’s degree required with minimum 2 years of relevant work experience or equivalent combination.
• Knowledge of control testing methodologies and risk and control concepts.
• Experience using GRC platforms and strong Excel/PowerPoint skills.

Responsibilities

• Execute risk-based control testing programs across ISWM.
• Develop testing plans, scripts, and test cases to assess control design and operating effectiveness.
• Document testing results, evidence, and findings to stakeholders.
• Interact with process owners to understand risks and controls, and communicate observations.
• Support remediation and management of issues and action plans.

Skills

Control testing

Risk management

Excel

PowerPoint

Stakeholder communication

Education

Bachelor’s degree in a relevant field

Tools

Archer

Job description

About Our Team

The Institutional Services & Wealth Management (ISWM) Risk team serves as the First Line of Defense, partnering closely with business leaders to strengthen risk management practices and promote a culture of accountability, transparency, and continuous improvement. Within ISWM Risk, the Risk and Control Management team is responsible for identifying, assessing, monitoring, and mitigating risk through the evaluation of control design and operating effectiveness. Our team plays a critical role in maintaining a strong and sustainable control environment that enables business growth, supports strategic objectives, and ensures compliance with regulatory expectations and enterprise risk management standards.

Role Overview

The Control Testing Analyst is a key contributor within the ISWM Risk & Control Management team and is responsible for executing a risk-based control testing program that evaluates the design and operating effectiveness of controls across Institutional Services and Wealth Management (ISWM). Reporting to the ISWM Control Testing Lead, this role partners closely with control/ process owners to assess control effectiveness, identify control gaps, and strengthen the overall risk and control environment. The ideal candidate possesses hands‑on experience in control testing, control design assessments, operating effectiveness testing, Risk and Control Self‑Assessments (RCSA), and issue management. This individual must be highly organised, detail‑oriented, and capable of independently managing multiple testing engagements while effectively communicating results and recommendations to stakeholders.

Primary Responsibilities

• Control Testing Execution Plan, execute, and report on the business unit’s risk-based testing program in alignment with established policies, standards, and methodologies.
• Conduct end‑to‑end process and control walkthroughs with process and control owners to gain an in‑depth understanding of business processes, risks, and control activities.
• Develop testing plans, detailed scripts, and test cases that effectively assess control design and operating effectiveness.
• Request testing populations and select samples in accordance with established sampling methodologies and testing standards.
• Perform comprehensive control design effectiveness assessments and accurately complete required documentation and assessment templates.
• Execute control testing with a high degree of accuracy, completeness, and timeliness while maintaining adherence to established methodology.
• Provide oversight and direction for team testing activities, ensuring timely, consistent, and comprehensive execution in accordance with established quality standards, testing methodologies, documentation requirements, and regulatory expectations.
• Implement and maintain a strong quality review and challenge process to validate testing accuracy, completeness, and adherence to methodology.
• Complete control operating effectiveness assessments and supporting documentation in accordance with enterprise standards.
• Document testing results within Archer and maintain supporting evidence, including screenshots and testing artifacts, in designated SharePoint repositories.
• Evaluate control design and operating effectiveness, assess identified risks, and validate risk mitigation activities in accordance with M&T’s Risk & Control Policy, procedures, and standards.
• Communicate observations and findings clearly to management and stakeholders.
• Socialize testing results with process and control owners, facilitate discussions regarding observations and conclusions, and obtain appropriate approvals.
• Assist in drafting findings and action plans that address identified control weaknesses and enhance the overall control environment.
• Proactively monitor assigned book of work for changing risks, timely execution, and required management updates.
• Support ad hoc projects and initiatives aimed at enhancing the maturity of the control environment across ISWM.
• Provide status updates and reporting to management regarding assigned testing engagements and portfolio progress.

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

Strong understanding of control testing methodologies, including control design and operating effectiveness testing.

Desired Experience

• Experience within banking, wealth management, institutional services, financial services, audit, compliance, risk management, or operational risk functions.
• Experience using Archer or other Governance, Risk, and Compliance (GRC) platforms.
• Ability to adapt to change and perform effectively in a fast‑paced environment.
• High proficiency in Excel, PowerPoint, and the Microsoft Office Suite.
• Experience collaborating with cross‑functional stakeholders and providing guidance on risk and control matters.
• Exceptional interpersonal, presentation, and communication skills, with a demonstrated ability to build strong relationships and influence outcomes.
• Strong analytical, critical thinking, and problem‑solving skills with exceptional attention to detail.
• Ability to independently manage multiple priorities while meeting deadlines and quality expectations.
• Ability to work effectively within a team‑oriented environment where success is measured collectively.
• Ability to work effectively as part of a team‑oriented environment, where success is measured collectively.

Why Join Us

This is an exciting opportunity to be part of transformational journey within ISWM Risk. Our team is growing, and driving meaningful change and delivering measurable value to the organization.

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.

Location Wilmington, Delaware, United States of America Great companies have an enduring sense of purpose. 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, and 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.

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.