Overview:As part of the Mortgage Originations organization, this position will be responsible for consulting with, educating on, and supporting the execution of all first line risk programs, promoting an environment of risk awareness and risk ownership across the business unit while adhering to the Company’s Risk Appetite and Corporate Strategy. The Strategic Risk Manager will provide guidance and coaching to the Mortgage team on processes and policies to ensure appropriate and effective collaboration and partnership between the business unit and all Compliance and Risk Management departments.Primary Responsibilities:
Serves as the primary point of contact within the Mortgage business unit for all risk and compliance related items and partners with all relevant stakeholders to facilitate a collaborative approach
Ensures timely identification and escalation of risks and issues and consults with BU management and first line risk partners surrounding key risk management issues to ensure the efficient and accurate execution of risk programs
Assists in the review and enhancement of internal controls, ensuring control testing is in place and results are in line with the Control Standards
Maintains and utilizes strong understanding of business operations, risks, controls and related laws and regulatory guidance
Supports the BU’s participation in relevant risk governance group meetings
Provides necessary feedback and coordinates on relevant governance documents to support BU activities and manage risk
Assists in preparation of materials for audits and provides support to risk partners
Works with senior management to execute the implementation of effective program policies, standards, and procedures
Develop, implement, and maintain a risk-based change management framework and strategy
Collaborate on Mortgage initiatives and the development of new strategies to mitigate risk across the organization’s business unit
Supervisory/Managerial Responsibilities:
Manages a team of 1-5 individual contributors
Education and Experience Required:
Bachelor’s degree, or equivalent work experience
Minimum of 8 years’ proven project management experience
Education and Experience Preferred:
Deep understanding of the Mortgage regulatory environment
Experience working with loan origination software (Encompass)
One or more years of leadership experience
Deep understanding of the mortgage industry (origination, underwriting, processing, etc.) coupled with risk/compliance/regulatory, product/project management, and/or business transformation experience
Experience with any of the following: mortgage risk, audit, credit risk management, process improvement/change management, remediation plans, or similar
Master’s degree
Strong knowledge of project management methodology
Strong verbal and written communication skills, particularly an ability to negotiate, influence and gain consensus
Regularly communicates verbally and in writing with executive management on status of initiatives, in a professional and understandable manner
Excellent problem-solving skills
Ability to work individually as well as a member of a team
Self-motivated, results-driven and well-organized individual
Ability to handle multiple tasks and work under time constraints in support of various assignments
Strong interpersonal skills necessary for business partner relationships within and outside the organization
Ability to build mutual trust and encourage respect; open to diverse points of view
Working Model/Office Locations:This is a hybrid position requiring 2 days in-office per week. Eligible candidates must live within commuting distance to one of our four offices below.
80 Holtz Drive, Cheektowaga, NY 14225 (preferred)
1 Light Street, Baltimore, MD 21202
1100 North Market Street, Wilmington, DE 19801
850 Main Street, Bridgeport, CT 06604
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $100,611.94 - $167,686.57 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.LocationCheektowaga, New York, United States of AmericaM&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.
