Senior Risk Reporting Analyst - Issues Management Program (Remote)
Remote, USA
Overview:
This position is responsible for technical and analytical support related specifically to the Bank’s Enterprise Risk Issue Management Program – in line with area policies, industry standards, and management expectations. The position is responsible for advising their team and management as well as senior and executive leadership as it relates to issues management analytics, key messages, conclusions and trends of the businesses/functions supported and is expected to do so in a collaborative manner, with other risk partners, as applicable. The position will be responsible for supporting the analytical and technical needs of the evolving landscape of the risk management environment, and the build out of the Issues Management Program. The position requires the ability to function autonomously in the development of analytics with limited oversight. Activities performed will support the Bank and areas such as: The Risk Management Division including Enterprise and Operational Risk, and Regulatory Affairs, Compliance, Model Risk, and Internal Audit to develop analytics from requirements gathering to automation and ongoing change management for existing reporting. Analytics developed are highly visible, adhere to the expectations of the Enterprise Risk Framework and key stakeholders, up to and including the Board. The candidate will assist other subject matter experts in Issues Management in the businesses or functions they support.
Primary Responsibilities:
- Assist with the build out of the Issues Management Program, enhancing current reporting, working with stakeholders and developing new reporting.
- Develop analytics and produce complex and ad hoc departmental reports, spreadsheet and project work related to various risk disciplines.
- Maintain existing Enterprise-Wide Issues Management Reporting
- Process Map, flow chart and document processes related to development of reporting.
- Enhance existing reporting taking customers needs into consideration while maintaining Enterprise-Wide flexibility and usability of reporting, identify overlap in existing reporting and recommend enhancements.
- Discern, formalize and socialize the impact, likelihood and root cause of issues and/or violations of policy.
- Independently evaluate the area's management of key processes for the effective and efficient mitigation of risk and issues management
- In a risk-based and collaborative manner, ensure underlying elements of the risk management framework accurately reflect the risk environment. Identify gaps or deficiencies and ensure remediation plans address the risk. May lead initiatives to analyze elements of the framework and issues management.
- Effectively communicate with others throughout the Bank, including senior management, via phone, email or in person to obtain information necessary for the completion of reporting, project information and issue resolution.
- Prepare and present materials/presentations to senior managers.
- May participate in designated risk committees and other meetings, serving as the second line of defense representative in any discussions. Ensure the communication of relevant concerns or positions taken to appropriate management.
- With minimal oversight, serve as a liaison and trusted partner of the business with well-established relationships. Able to readily discuss and address issues or concerns. Escalate significant and/or unresolved risk-related matters to Department management.
- Work collaboratively with Senior Managers within the Risk Division and Bank, first line risk and other second line risk partners, to develop and influence value-added process improvements, resolve risk issues, enhance reporting and/or information necessary to assess risk and issues management.
- Interact with external peers and members of professional organizations to remain aware of changing or emerging risks and proactively bring key information to team for inclusion/consideration in continuous monitoring and/or other oversight activities.
- Determine appropriate adjustments to processes and supporting procedures to ensure they address the risk in a cost-effective manner.
- Meet training requirements assigned by the Bank, Division and Department through self-management of appropriate, applicable, cost-effective training opportunities. Proactively pursue knowledge of new bank initiatives (i.e. Agile project management methodology). Limited travel may be required for infrequent seminars and conferences.
- Provide guidance and direction to others regarding various matters, which may include the data necessary for the construction of simple quantification methods, predictive statistical models or other items intended to enhance risk reporting.
- Adhere to applicable risk and regulatory controls in accordance with Company or regulatory standards and policies.
- Promote an environment that supports diversity and reflects the M&T Bank brand.
- Complete other related duties as assigned.
Specific to Posting:
Issue Management: Support the Head of Enterprise Risk Management, the Risk Division and the Bank by shaping and evolving the Bank’s Issue Management Program in a manner that is consistent with the Enterprise Risk Framework.
Supervisory/ Managerial Responsibilities:
No direct management but may lead projects, provide guidance to other risk advisors, specialists and/or analysts
Education and Experience Required:
Prior issues management (banking and, or financial) is preferred.
Knowledge and understanding of regulatory requirements surrounding banking and financial services industry.
Bachelors and a minimum of 2 years related business line experience or in lieu of a degree a combined minimum of 6 years higher education and/or work experience.
Knowledge:
Data Analytics, Reporting and Microsoft products. Proficient computer skills (including spreadsheet and word processing software), analytical skills, working knowledge of applicable laws, written and verbal communications w/ all levels.
Job Profile
Market-informed pay Training opportunities
Tasks- Communicate with senior management
- Develop analytics
- Enhance reporting
- Lead projects
- Prepare presentations
- Support risk issue management program
Agile Analytical Analytics Audit Automation Change Management Communication Compliance Data analysis Enterprise Risk Management Financial Services Guidance Internal Audit Issue management Issues management Leadership Presentations Process Improvement Project Management Regulatory Affairs Regulatory standards Reporting Risk Management Risk Management Framework Stakeholder engagement Verbal Word Processing
Experience5 years
Education TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9