Business Risk Lead (Digital Banking) - Hybrid

About the position

The Business Risk Lead (Digital Banking) at M&T Bank plays a crucial role in implementing risk management initiatives within the business unit, aligning with the Enterprise Risk Framework. This position is responsible for managing risk-related work and employee assignments, ensuring that risk and control functions are effectively executed. As a Subject Matter Expert (SME), the Business Risk Lead will lead complex and highly visible risk management projects, providing guidance and oversight to ensure compliance with established standards and practices. In this role, the Business Risk Lead will execute risk initiatives, document key business processes accurately, and assess risks and internal controls associated with these processes. The individual will actively participate in the planning, execution, and reporting of the business unit's risk-based testing program, performing control testing and ensuring that it aligns with M&T's First Line of Defense Guidance. Responsibilities include reviewing testing results, conducting scripted testing, and managing system administrative duties related to the compliance data management system (Archer). The Business Risk Lead will communicate findings to management, monitor performance against key risk indicators (KRIs), and recommend enhancements to strengthen the risk control structure. This role also involves completing Risk Control Self Assessments (RCSAs), reporting and escalating risk events, and identifying emerging risks associated with new products or changes in services. The individual will guide the development of remediation plans, manage their timely completion, and ensure adherence to policies and procedures within the business unit. Additionally, the Business Risk Lead will provide informal coaching to staff and contribute to their performance evaluations, fostering an environment that supports diversity and reflects the M&T Bank brand.

Responsibilities
? Execute risk initiatives and manage employee assignments related to risk and control functions.
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? Document key business processes accurately and completely.
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? Identify and assess risks and internal controls associated with key processes.
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? Participate in planning, execution, and reporting of the risk-based testing program.
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? Perform control testing and ensure compliance with M&T's First Line of Defense Guidance.
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? Review testing results and evaluate for issues, conducting scripted testing as needed.
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? Communicate findings to management and monitor performance against key risk indicators (KRIs).
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? Complete Risk Control Self Assessments (RCSAs) and recommend enhancements.
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? Assist in reporting and escalation of risk events and loss events.
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? Identify emerging risks and control structures needed to mitigate them.
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? Guide the development of remediation plans and manage their timely completion.
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? Implement and oversee adherence to policies and procedures for the business unit.
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? Respond to internal and external requests regarding departmental processes and procedures.
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? Provide informal coaching to staff and input on their performance and development.
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? Maintain internal control standards and implement audit points as applicable.

Requirements
? Bachelor's degree or equivalent work experience.
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? Minimum of 5 years of relevant work experience.

Nice-to-haves

Benefits

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