Senior Risk Manager - Finance & Regulatory Reporting Oversight

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 position must interact and build relationships with member of executive management, leaders of the Bank’s primary operating units, regulatory personnel, third-party consultants. The position prepares and provides presentations to executive management, the Board of Directors, and risk governance committees. The individual needs to be self-driven and enthusiastic, and should be able to develop initiatives, while taking the broader team along. Supervisory/Managerial May supervise a team of 2+ specialized analysts and senior analysts. Education and Experience Required: Bachelor’s degree in quantitative/analytical discipline (e.g., Finance, Accounting or Economics) and minimum of ten years’ experience including a minimum of five years' experience in the finance industry, OR in lieu of degree, a combined fourteen years' work experience and/or higher education with a minimum of five years' experience in the finance industry. Demonstrated expertise in area of responsibility. Strong knowledge of financial principles and regulatory and compliance agencies/issues related to the banking industry. Strong oral and written presentation skills with ability to deliver presentations with poignancy to the highest levels of management. Three years of experience in formulating, developing and directing cross-functional teams. Education and Experience Preferred: Master’s degree preferred. Experience in capital risk management at a Category III or IV bank. Previous exposure to capital forecasting and/or regulatory reporting. Previous experience with CCAR/DFAST and regulatory reporting templates. Advanced financial modeling skills. M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $148,300.00 - $247,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Buffalo, New York, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial spectrum, combining M&T Bank’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. M&T Bank 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 – integrity, 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 skill sets while continuing to support the growth and development of all our team members. View M&T’s Human Capital Report to learn more. Ready to join our team? 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. M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, 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. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace. Career Site Privacy Notice Apply tot his job Apply To this Job