First Line Risk Team Lead

About the position Overview: Implement defined first line of defense risk management initiatives within the business unit in support of the Enterprise Risk Framework. Manage the risk work and employee assignments to those initiatives responsible for risk and control functions in the business unit. Serve as Subject Matter Expert (SME) for execution of risk functions; Serve as project leader on complex and highly visible risk management projects. Primary Responsibilities: Foster a proactive risk culture grounded in the Enterprise Risk Framework—emphasizing self-identification, self-curing, and scalable practices. First Line risk management is responsible for risk identification, monitoring, testing, and issue management, as well as contributing to operational risk and compliance initiatives by helping implement less complex efforts within the business. The First Line Risk Team Lead manages and oversees the work of risk analysts. Embraces “The Way We Work” principles—core behaviors that drive agility, collaboration, and customer focus. These principles guide how we operate, improve processes, and deliver meaningful outcomes for our customers and communities. This role will be specifically responsible for: Ownership of the Annual Testing and Monitoring Plan for Enterprise Platforms. Governance of Process Maps across Enterprise Platforms Building, evolving and maintaining a KRI Inventory and Monitoring Program for Enterprise Platforms Validation of self-identified and Regulatory Remediation Plans

Responsibilities

• Responsible for the execution of risk initiatives that this position leads or for which their team is responsible to conduct.
• Responsible for completely and accurately documenting key business processes.
• Identify and assess risks and internal controls associated with the key processes under your leadership.
• Actively participate in the planning, execution and reporting of the business unit's risk-based testing program.
• Perform control testing as an individual contributor and ensure control testing is performed for the team's risk initiatives in accordance with M&T's First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards. Specific control testing responsibilities will involve the review of testing, and evaluating results to determine if issues exist. Responsibilities may also include independent performance of scripted testing as well as system administrative duties such as the maintenance, validation, and / or updating in the compliance data management system (Archer).
• Communicate findings to management.
• Monitor business unit performance with respect to established key risk indicators (KRIs), and recommend enhancements to strengthen risk control structure.
• Accurately complete Risk Control Self Assessments (RCSAs) and other risk management reporting, recommending enhancements to each.
• Assist in the reporting and escalation of risk events and loss events.
• Identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels, as well as the control structures needed to mitigate the risks.
• Provide guidance on the development of remediation plans.
• Manage the timely completion of remediation plans and other projects to address issues identified internally and by Enterprise Risk Management, Compliance, Internal Audit or external regulators. Validate the quality of the plans implemented.
• Provide input to manager with regard to staff performance and growth/development of staff functions and responsibilities for risk initiatives they lead.
• 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 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 related duties as assigned.

Requirements

• Bachelor’s degree or equivalent work experience
• 5 or more years' relevant work experience, or in lieu of a degree
• Self-starter
• Strategic mindset – helping to build/evolve this newly formed team
• Ability to quickly adapt to change and re-prioritize work
• Ability to influence without authority
• Effective Collaboration skills

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