Overview:
This position operates in the 2nd LOD as part of Credit Risk Management department. This position and will assist in providing independent oversight of the 1st LOD Quality Control/Management activities, through independent testing, monitoring, reporting and escalation of credit process controls that may be deficient. This position will apply all the laws, regulations and supervisory guidance related to the position. Interacts with the Senior Management, Regulators and Internal Audit.
Primary Responsibilities:
- Perform independent review of the 1st LOD's credit process controls, controls testing plan, test reports, dashboard, any 2nd LOD testing as required, and provide ongoing assessment of the status including any control deficiencies and improvements
- Support review and challenge sessions on all aspects of the Quality Control/Management program on an ongoing basis
- Document and maintain challenge session questions and 1st LOD responses as evidence of 2nd LOD review
- Identify and assist in issuing findings as necessary to 1st LOD for remediation and follow up for timely completion
- Apply statistical techniques as required and complete analyses of 1st LOD reports/results using data from disparate sources and systems
- Create and publish quarterly memos on the status of Quality Control/Management program with critical findings, deficiencies, recommendations and required remediation
- Create and publish periodic 2nd LOD Quality Control/Assurance reports with appropriate metrics
- Present QM program status with observations/findings from independent testing/review of 1st LOD activities and escalate critical issues/findings to risk governance committees as required
- Collaborate with the 1st LOD during the control design and implementation phases and provide guidance and challenge to ensure process is well controlled
- Assist in establishing quality control/management activities required for the 2nd LOD process (Credit Decisioning, Special Assets)
- Perform independent testing of the 2nd LOD quality control activities and publish periodic reports with deficiencies and recommendations for remediations and improvements as applicable
- Develop a working knowledge by understanding the systems and technology that support all the process of commercial credit value chain
- 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 responsibilities as assigned and contribute to other CRM projects and initiatives as required
Scope of Responsibilities:
Must collaborate with business partners (within and external to Credit Risk) on credit processes, procedures and guidelines, enterprise wide risk, compliance/regulatory issues, credit policy, credit automation
Communicate with senior management
Education and Experience Required:
Bachelor’s degree in relevant discipline (e.g., Finance, Accounting or Economics) and minimum of three years’ experience including a minimum of one year' experience in the finance industry,
OR in lieu of degree, a combined 7 years' work experience and/or higher education with a minimum of one years' experience in the finance industry.
Demonstrated knowledge of financial principles, regulatory & compliance issues facing the banking industry.
Ability to work with databases, conduct queries for generating custom views and reports
Experience leading cross functional project exams, ability to work across all divisions and project management
Strong written, presentation skills, knowledge of personal computers and MS Office suite.
Education and Experience Preferred:Credit analysis experience in the 2nd line is ideal
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $71,985.72 - $119,976.20 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
LocationBuffalo, New York, United States of America
What We Do
Waste Connections, Inc. is an integrated solid waste services company that provides waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the U.S. and Canada. Through its R360 Environmental Solutions subsidiary, the Company is also a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the Permian, Bakken and Eagle Ford Basins. Waste Connections serves more than six million residential, commercial, industrial, and exploration and production customers from a network of operations in 39 states, six provinces and the District of Columbia. The Company also provides intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.
Our corporate strategy targets secondary and suburban markets that have strong demographic growth trends and where competitive barriers to entry can be developed. We seek to avoid highly competitive, large urban markets and target markets where we can provide either non-integrated or integrated solid waste services under exclusive arrangements, or markets where we can be integrated and attain high market share. We are a leading provider of solid waste services in most of our markets, and approximately 50% of our revenues are derived from market areas where we have franchise or exclusive rights to provide our waste services.
