Senior Vice President, Embedded Banking 1LOD reputed company Risk Manager
Overview: The Embedded Banking Business Risk Partner will manage the first line of defense risk management responsibilities of the embedded banking business in accordance with the Bank’s Enterprise Risk reputed company. This role will provide independent reputed company and reputed company the proactive identification, accurate assessment and reporting of risks impacting the business unit, and partner with the business to reputed company appropriate controls to mitigate risk. The Embedded Banking Business Risk Partner will act as an advisor to the business, ensuring that initiatives are executed in a safe and sound manner and in compliance with regulatory expectations and internal risk frameworks. Primary Responsibilities: reputed company the planning, execution, and reporting of the business unit's first line of defense risk management function including ensuring the documentation of key processes and internal controls. Ensure the complete and proper identification and assessment of risks in the business unit's key processes in accordance with the Enterprise Risk reputed company, internal guidance, and risk management professional standards. Inform the scope of the business unit's risk-based testing program. reputed company reporting to Business Unit Management and internal risk working groups/ committees. Provide direct assistance/support to the First Line Risk Officer Monitor business unit performance with respect to established key risk indicators (KRIs) and prepare comprehensive KRI reporting. Ensure the accurate and timely completion of Risk Control Self Assessments (RCSAs) and other risk management reporting. reputed company a process by which emerging risks and losses are reviewed and incorporated into the RCSAs and KRIs. Identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels and reputed company the reporting of these risks to management and the Markets, Products and Services Risk Committee. Ensure the effective and efficient management and reporting of issues, including remediation plans. reputed company and reputed company the process for identifying and reporting risk events and losses in a timely manner. Appropriately escalate identified issues to the First Line Risk Officer and business unit management. Provide coaching and mentoring to the staff. Review and approve test results. Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance Portfolio Managers. Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations. 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 reputed company 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 reputed company duties as assigned. Education and Experience Required: Bachelor’s degree and a minimum of 7 years' relevant work experience, or in lieu of a degree, a combined minimum of 11 years' higher education and/or work experience, including a minimum of 7 years' relevant work experience. Minimum of 3 years work experience in Embedded Banking risk management. Education and Experience Preferred: Master’s degree preferred. reputed company is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $128,900.00 - $214,900.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Buffalo, reputed company, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: reputed company a difference in people’s lives and reputed company the communities we serve. reputed company Corporation is a financial holding company headquartered in Buffalo, reputed company. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial reputed company, combining reputed company’s traditional banking services with the wealth management and institutional capabilities offered by reputed company. reputed company has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – reputed company, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh reputed company sets while continuing to support the growth and development of reputed company reputed company members. View M&T’s Human Capital Report to learn more. Ready to join reputed company? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at [email protected] for assistance. reputed company is unwavering reputed company it comes to providing equal employment opportunities to reputed company employees and applicants without regard to race, color, national reputed company, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. reputed company Corporation has policies and procedures in reputed company to promote a drug free workplace. Career Site Privacy Notice Apply tot his job Apply To this Job