Business Risk Analyst III - RCSA Management (Hybrid - Buffalo, NY)

Hybrid Risk Management Position

Support the first line of defense risk management function by assisting with the identification and assessment of risks, risk monitoring and testing, and issues management. Provide assistance in the development of various operational risk / compliance related initiatives within the line of business and manage the implementation of less complex initiatives.

Primary Responsibilities

• Responsible for completely and accurately documenting key business unit processes. Identify and assess risks and internal controls associated with these key processes.
• Actively participate in the planning, execution and reporting of the business units risk-based testing program. Perform control testing in accordance with M&Ts First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards.
• Specific control testing responsibilities will involve planning and execution of control and substantive testing, assistance in the review of testing, and evaluating results to determine if issues exist. Independently perform scripted testing of controls and communicate results.
• Monitor business unit performance with respect to established key risk indicators (KRIs) and assist in the creation of comprehensive KRI reporting.
• Accurately complete Risk Control Self Assessments (RCSAs) and other risk management reporting. Assist in the reporting of risk events and loss events.
• Identify emerging risks and risks associated with new products / services / markets / channels or changes to existing products / services / markets / channels.
• Provide guidance on the development of remediation plans. Manage the timely completion of remediation plans and other projects to address issues identified internally and by Enterprise Risk Management, Compliance, Internal Audit or external regulators.
• Research and assess regulatory requirements impacting the business unit.
• Build a working relationship with Internal Audit, Corporate Operational Risk and Corporate Compliance Portfolio Managers.
• Adhere to applicable compliance / operational risk controls in accordance with Company or regulatory standards and policies.
• Promote an environment that supports belonging and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
• Complete other related duties as assigned.

Education and Experience Required

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $71,985.72 - $119,976.20 Annual (USD). The successful candidates particular combination of knowledge, skills, and experience will inform their specific compensation. Buffalo, New York, United States of America