Enterprise Risk Senior Consultant (Hybrid - Buffalo, NY)

Overview:

This position is responsible for the delivery of second line Enterprise Risk Management services, focused on executing the Markets, Products and Services (MPS) Risk Review process, in line with area policies, industry standards, and management expectations. The position is responsible for advising line management and senior leadership as it relates to risk of the businesses or functions supported and is expected to coordinate information sharing with other risk partners. The position will be responsible for developing and delivering activities that help the Bank keep pace with the evolving landscape of the risk management environment and identifying continuous improvements in the execution of the MPS Risk Review process and other practices within the Risk Management Division. The position requires the ability to function with a level of independence in the oversight and/or execution of Enterprise Risk activities in a manner that adheres to the expectations of the enterprise risk framework and key stakeholders, up to and including the Board.

Primary Responsibilities:

• Lead responsibilities for at least one Enterprise Risk Management activity.
• Ensure adherence to enterprise risk related policies and procedures. Understand and utilize the Risk Management Framework and develop and implement various elements of said framework. Independently evaluate the outcomes of key processes for the effective and efficient management of risk. In a risk-based and collaborative manner, ensure underlying elements of the risk management framework accurately reflect the risk environment. Identify gaps or deficiencies and ensure remediation activities address the risk.
• Develop and produce complex and ad hoc reports, spreadsheets and project work related to various risk disciplines based on required frequency (e.g., daily, weekly, monthly, or quarterly). Periodically analyze existing reporting to identify improvement opportunities.
• Collect and/or analyze data necessary for presentations for/to senior management. Prepare and present materials/presentations to business partners and senior managers. May assist with materials provided to various risk committees.
• Perform routine analysis and judgment-based work over a standard discipline or a range of disciplines to support business decisions. Review the work of others for accuracy.
• Serve as a liaison, working collaboratively with Senior Managers within the Risk Division and Bank, first line risk and other second line risk partners to ensure two-way communication on issues and concerns. Escalate significant and/or unresolved risk-related matters to Department management. May interact with Executive Management, and support organizations such as Internal Audit and Legal.
• Participate and/or lead continuous improvement of existing processes and develop new processes, as well as, the planning and implementation of new projects, programs, and plans to achieve short- and long-term business objectives.
• Draft/document or review departmental procedures and other documentation to demonstrate processes. In addition, develop value-added process improvements, resolve risk issues, and enhance reporting and/or information necessary to assess risk. Support efforts to develop and improve training and materials utilized by the department and/or the Bank.
• Indirect participation in specific regulatory inquiries, examinations, and ongoing periodic status updates. May serve as a departmental representative in discussions with Internal Audit.
• Serve as representative in various risk committees and other meetings. Ensure the communication of relevant concerns or positions are taken to appropriate management.
• Act as representative for departmental system support, coordinating with internal business partners, vendors, and technology to address issues for the department.
• Provide guidance and direction to others regarding various matters. Perform reviews of the work of others to ensure it was accurately prepared and appropriate for the intended audience.
• Meet training requirements assigned by the Bank, Division and Department through self-management of appropriate, applicable, cost-effective training opportunities. Proactively pursue knowledge of new bank initiatives (i.e., Agile project management methodology). Limited travel may be required for infrequent seminars and conferences.
• Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
• Promote an environment that supports diversity and reflects the M&T Bank brand.
• Maintain M&T internal control standards, including timely implementation of internal and external audit po