M&T Bank is a financial institution seeking candidates for their Management Development Program (MDP) in Wealth Governance, Risk, and Policy. Participants will undergo ten weeks of core training followed by one year of on-the-job training, focusing on risk management, policy development, and compliance within the Wealth Management Division.
Responsibilities
- Support operations of the Wealth Management committee governance system including, acting as the Committee Secretary for the Wealth Division's committees to ensure those committees are operating as designed and adhering to all necessary requirements
- Identify, manage and mitigate risks inherent in trust administration and assist in building commensurate controls to lessen risk and enhance the control environment
- Participate in review, development and enhancement of fiduciary related policies, procedures and business practices to ensure the Wealth Management Division maintains proper controls to meet responsibilities as a regulated professional trustee and achieve satisfactory regulatory examinations and audits
- Partner with the fiduciary team to identify key risk issues involving fiduciary accounts and activities including, identifying fiduciary issues in account transactions to route to the correct committee or person to be assessed and resolved appropriately
- Partner with Fiduciary Management leadership team to identify systemic risk issues that would mitigate risk and enhance operations of the fiduciary organization
- Develop effective working relationships with the Fiduciary leadership team, key business partners and senior leaders of the Division
- Serve as an advisor to business line staff
- Participate in regulatory examinations and internal audits pertinent to the Wealth Management Division and work with the first and second lines of defense
- May set policy or develop and oversee implementation of procedures or controls related to compliance requirements within a business processes
- May directly or indirectly monitor functions to ensure procedures and controls are functioning as designed
- May develop training of business line personnel regarding procedures and controls designed to ensure compliance with laws and/or regulations
- May participate in management of examinations or audits as well as any resulting corrective actions
- Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. 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
Skills
- Bachelor's Degree candidate at a school where M&T Bank recruits MDPs (or an MBA student with no work experience)
- Outstanding academic credentials (GPA of 3.0 or better)
- Up to 1 years' work experience
- Outstanding written and verbal communication skills
- Demonstrated interpersonal skills
- Demonstrated analytical skills
- Demonstrated computer skills
- Demonstrated presentation skills
- Demonstrated leadership abilities
- Work/internship experience
- Work Visa Sponsorship not offered for this role
Company Overview
Great companies have an enduring sense of purpose. It was founded in 1856, and is headquartered in Buffalo, New York, US, with a workforce of 10001+ employees. Its website is http://www.mtb.com.
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