Senior Operational Risk Specialist – Strategic Oversight

M&T Bank Corporation

Buffalo (NY)

Hybrid

USD 86,000 - 143,000

Full time

5 days ago
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Job summary

M&T Bank Corporation in Buffalo, New York, is seeking an Operational Risk professional to deliver independent, risk-based challenge and second-line risk management support within the ORM framework. The role reports to an ORM Senior Manager and partners with technology, product owners, and risk teams to strengthen risk practices.

The position requires strong knowledge of operational risk, data-driven decisioning, and regulatory expectations, with a focus on influencing risk management across

Qualifications

  • Bachelor’s degree and five years’ experience in risk, compliance, legal, audit, or other relevant function.
  • Proficient computer skills (including Excel, PowerPoint, and Power BI).
  • Analytical skills with strong written and verbal communications with all levels of management.

Responsibilities

  • Develop and deliver complex operational risk analysis and analytical reports.
  • Prepare, review, and present clear, well-supported risk opinions and materials for senior management and risk governance forums.
  • Perform independent oversight and critical review and challenge of risk identification, assessment, monitoring, mitigation, and reporting across assigned business areas.
  • Perform gap, control, and root cause assessments and evaluate the adequacy, effectiveness, timeliness, and sustainability of risk remediation plans.
  • Escalate identified gaps, assessment results, and remediation plans appropriately.
  • Guide and support first line implementation of the Operational Risk Management (ORM) Framework.
  • Monitor execution for alignment with ORM policies and guidance, as well as supervisory expectations.
  • Assess issues, control failures, or policy breaches to determine whether root cause has been adequately identified by first line and remediation plans are effective and sustainable.
  • Escalate unmitigated risks, emerging issues, and remediation concerns through appropriate governance channels.
  • Deliver objective insights to inform and influence business risk management and the ongoing enhancement of control practices.
  • Collaborate with first-and second-line partners, including technology risk, compliance, model risk, and other risk functions, to enhance risk processes, drive consistency, improve transparency, and deliver value-added risk management outcomes.
  • Stay current on emerging risks, industry trends, and regulatory developments; engage with external peers and professional organizations to proactively inform ongoing risk oversight and monitoring activities.
  • Support change initiatives, promote adherence to internal control standards, and support audit and regulatory remediation efforts.

Education

Bachelor’s degree

Tools

Excel
PowerPoint
Power BI

Job description

M&T Bank Corporation in Buffalo, New York, is seeking an Operational Risk professional to deliver independent, risk-based challenge and second-line risk management support within the ORM framework. The role reports to an ORM Senior Manager and partners with technology, product owners, and risk teams to strengthen risk practices.

The position requires strong knowledge of operational risk, data-driven decisioning, and regulatory expectations, with a focus on influencing risk management across

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