Overview:

Oversees a staff of group leaders and operational managers, ensuring operational efficiency and targeted results are met. Provides operational, technical and functional expertise in work policies and procedures. Provides strategic direction for the department, staffing and technology enhancements.

Primary Responsibilities:

• Provide consultation and advice regarding the application of fraud-related regulatory guidance to current and contemplated business models, potential transactions and events interfacing with senior management and various control staff.

• Maintain and develop in others an understanding of complex compliance and regulatory requirements applicable to the financial crimes industry.

• Effectively communicate applicable regulatory requirements to cross-functional partners throughout the organization.

• Conduct research, analysis and perform fraud loss root cause analysis. Based on findings, advise on remediation recommendations, and present results in a clear and concise manner.

• Assist in the development of new or revised internal policies and participate in the updating and enhancement of other internal policies, procedures and controls with respect to relevant regulatory matters.

• Oversee the proactive identification, accurate assessment and reporting of risks impacting the business unit, including loss events and Key Risk Indicators (KRIs)

• Ensure the appropriate escalation of identified issues and the timely completion of remediation plans.

• Ensure the accurate and timely completion of Risk Control Self Assessments (RCSAs) and other risk management reporting. Develop 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 oversee 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. Develop and oversee 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.

• Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance Portfolio Managers.

• Oversee Divisional/Departmental initiatives, Audit, Risk and business partner communication.

• Responsible for strategic planning and all short to long-term initiatives within the area.

• Oversee training and development of direct reports.

• Oversee or assist with budgeting and financial forecasting.

• Participate in higher-level involvement with Enterprise efforts including projects, organizational objectives planning, and business partner development.

• Contribute towards achievement of Company’s strategic and operational objectives.

• Build an effective team of leaders by providing guidance and coaching to subordinate managers.

• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.

• 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.

• 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 related duties as assigned.

Scope of Responsibilities:

The position has high-level interaction with exterior business partners, local and federal regulators and senior management.

Education and Experience Required:

Bachelor’s degree and a minimum of 9 years’ experience, or in lieu of a degree, a combined minimum of 13 years’ higher education and/or work experience, including a minimum of 9 years’ experience Minimum of 6 years’ managerial experience

Experience handling multiple tasks in support of various assignments

Self-motivated, well-organized individual

Experience working under time constraints

Strong interpersonal skills necessary for business partner relationships within and outside organization

Strong leadership skills, including professional development, and mentoring

Experience delegating responsibilities and providing leadership and training to key personnel

Possession of key competencies, including conflict management, business negotiation, organization and decision-making

Proven ability to meet financial and business plan forecasts

Education and Experience Preferred:

Master’s degree

Financial Crimes-related experience

Knowledge of software utilized in department

Proficiency with personal computers as well as pertinent word processing, database and spreadsheet software packages Knowledge of Bank-wide policies and procedures and responsible area

Experience working with a team to create innovative, large scale solutions that map business architecture to solution functionality

Experience interpreting complex compliance and regulatory requirements applicable to the financial crimes industry

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M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $145,114.31 - $241,857.18 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Bridgeport, Connecticut, United States of America

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