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Overview:

This position operates in the 2nd LOD as part of Credit Risk Management department. This position and will assist in providing independent oversight of the 1st LOD Quality Control/Management activities,

through independent testing, monitoring, reporting and escalation of credit process controls that may be deficient. This position will apply all of the laws, regulations and supervisory guidance related to the position. Interacts with the Senior Management, Regulators and Internal Audit.

Primary Responsibilities:

• Perform independent review of the 1st LOD's credit process controls, controls testing plan, test reports, dashboard, any 2nd LOD testing as required, and provide ongoing assessment of the status including any control deficiencies and improvements

• -Conduct review and challenge sessions on all aspects of the Quality Control/Management program on an ongoing basis

• -Document and maintain challenge session questions and 1st LOD responses as evidence of 2nd LOD review

• -Identify and assist in issuing findings as necessary to 1st LOD for remediation and follow up for timely completion

• -Apply statistical techniques as required and complete analyses of 1st LOD reports/results using data from disparate sources and systems

• -Create and publish quarterly memos on the status of Quality Control/Management program with critical findings, deficiencies, recommendations and required remediation

• -Create and publish periodic 2nd LOD Quality Control/Assurance reports with appropriate metrics

• Present QM program status with observations/findings from independent testing/review of 1st LOD activities and escalate critical issues/findings to risk governance committees as required

• -Collaborate with the 1st LOD during the control design and implementation phases and provide guidance and challenge to ensure process is well controlled

• -Assist in establishing quality control/management activities required for the 2nd LOD process (Credit Decisioning, Special Assets)

• -Perform independent testing of the 2nd LOD quality control activities and publish periodic reports with deficiencies and recommendations for remediations and improvements as applicable

• -Develop a working knowledge by understanding the systems and technology that support all the process of commercial credit value chain

• -Partner with the first line to understand key risks, significant changes including organizational structure, policies, processes, technology etc., and ensure associated impacts are accounted for in quality control/assurance functions

• -May require coaching of junior analysts as required

• -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 points together with any issues raised by external regulators as applicable

• -Complete other responsibilities as assigned and contribute to other CRM projects and initiatives as required

Scope of Responsibilities:

Must collaborate with business partners (within and external to Credit Risk) on credit processes, procedures and guidelines, enterprise wide risk, compliance/regulatory issues, credit policy, credit automation

Communicate with senior management

Supervisory/Managerial Responsibilities:

May provide work leadership to one or more analysts

Education and Experience Required:

Bachelor’s degree in relevant discipline (e.g., Finance, Accounting or Economics) and minimum of five years’ experience including a minimum of two years' experience in the finance industry,

OR

in lieu of degree, a combined 9 years' work experience and/or higher education with a minimum of two years' experience in the finance industry.

Demonstrated knowledge of financial principles, regulatory & compliance issues facing the banking industry.

Ability to work with databases, conduct queries for generating custom views and reports

Experience leading cross functional project exams, ability to work across all divisions and project management

Strong written, presentation skills, knowledge of personal computers and MS Office suite.

#LI-RS1

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,104.04 - $141,840.07 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

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.