About the role
- Responsible for providing the strategic direction and management of one or more of key pillars within model risk governance and operation teams to create, manage and enforce policy and procedures based on regulatory requirements and industry best practices. The incumbent serves as a senior subject matter expert (SME), providing guidance on model determinations, AI/ML use case classification, emerging regulatory expectations, and governance standards. This role ensures the consistent, accurate, and transparent execution of MRM processes, supports regulatory and audit engagements, and partners closely with stakeholders across the three lines of defense to maintain a strong model risk culture and effective control environment. Primary Responsibilities
- Manage the development and production of high-complexity departmental reports and spreadsheets to include but not limited to preparation of materials for Model Risk Oversight Committee (MROC), Model Oversight Working Group (MOWG), Management Risk Committee (MRC), the Risk Committee of the Board as well as materials for reporting to Regulators. Oversee Risk Appetite Metric (RAM) and Key Risk Indicator (KRI) program for Model Risk; identify developing trends, potential slippages, and recommend remediation or escalations.
- Lead end‑to‑end production of the monthly MRM Reporting Dashboard. Own quarterly Enterprise Risk Management Committee (ERMC) RAAL reporting Review and assess model candidates and AI/ML use cases Perform complex analysis and judgment based work over a standard discipline or a range of disciplines to support business decisions. Perform highly complex data review, research, and/or reconciliation. Interpret results and present findings to influence strategic decisions within the department or division. Demonstrate a thorough and expert understanding of the business and its functions, processes and operations. Keep abreast of business and market trends that may affect the business/department. Take a lead role in setting policy or developing and overseeing the implementation of procedures or controls related to compliance requirements within the overall business processes.
- Define and participate in the achievement of short and long-term business objectives. Take a lead role in supporting departmental audits including user recerts, compliance testing.
- Manage and facilitate the planning, testing, and implementation of new projects, systems, products and regulatory changes impacting the department. Provides coaching, direction and leadership to team members in order to achieve business results Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite.
- Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis.
- Identify risk-related issues needing escalation to management. Adhere to applicable model /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. Scope of Responsibilities The position requires the ability to plan, organize and supervise work of staff and produce results; serve as a champion of change and innovative solutions; and has the ability to communicate a common vision to others. The position has significant uncertainty with discretionary solutions and heavy latitude. There is a high risk to the organization inherent in position. The incumbent must build and maintain relationships with internal and external customers/outside vendors in a manner that maximizes shareholder return. Supervisory/Managerial Responsibilities May provide guidance to other analysts on the team
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 15 years’ higher education and relevant work experience. Proficient in the use of personal computers including word processing, spreadsheet, presentation, and industry specific software.
- Strong analytical skills. Excellent verbal and written communication skills.
- Strong interpersonal skills necessary for business partner relationships within and outside organization. Detail oriented. Self-motivated. Education and
- Preferred Master’s degree in Business Administration (MBA) preferred.
- Knowledge of pertinent Bank systems such as governance, risk, and compliance (GRC) platforms, and business intelligence tools (Tableau, PowerBI) Programming skills including Python and SQL for creating automated reports, tasks, and actions
- Familiarity with SR 11-7, SR 15-18, SOX, etc.
- Strong written and verbal communication skills M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $103,000.00 - $171,600.00 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 careersitesupport@mtb.com 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