Overview

The Finance & Regulatory Reporting Oversight (“FRRO”) team is a 2nd Line of Defense function responsible for independent review, effective challenge, and oversight primarily related to capital management, planning and forecasting; capital interpretations and calculations; Resolution Planning; and Federal Reserve and FDIC regulatory reporting. 

This role is designed for a senior risk professional with strong finance or credit risk fundamentals (including financial statement analysis) and demonstrated experience in connecting a Bank’s credit risk/ portfolio dynamics to capital, stress testing, and regulatory reporting outcomes. The incumbent will execute and enhance FRRO’s oversight frameworks, deliver informed effective challenge and governance materials, and partner effectively with First Line teams while maintaining the required independent risk perspective. 

Primary Responsibilities

• Drive the process in managing interactions with Capital Planning and Management, Accounting Policy, and Regulatory Reporting (first line of defense), internal audit, and primary regulators. 

• Assist the FRRO management team in the development, review, and maintenance of risk management processes and procedures of the Firm’s Capital and Finance Risk, Regulatory Reporting, and Resolution Planning risk management practices. 

• Periodically evaluate the Bank’s risk position and communicate in a timely fashion on any change in trends or emerging risks. 

• Participate in and support preparation for the Corporation’s Scenario Review Committee, Capital Management Committee, and various business line meetings and interactions with the first line of defense. 

• Ensure processes and procedures for governance are appropriate and regulatory and reputation risks are minimized. Provide insight, recommendations, and deliver timely information and reporting on Capital and Finance Risk, Regulatory Reporting, and Resolution Planning topics to the CRO and the Risk Committee of the Board. 

• Oversee and ensure successful integration of acquisitions from a FRRO perspective. 

• Identify risk-related issues needing escalation to management. Represent the Bank in the community, including membership on external boards, committees and industry associations, as well as with government and regulatory bodies. 

• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations. 

• 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. 

Scope

Position is specific to a single area of discipline requiring deep expertise within one or more areas (capital management, planning and forecasting, capital interpretations, capital calculations, Resolution Planning and FED and FDIC regulatory reporting).
In carrying out these responsibilities, the positio