Management Development Program - Wealth Governance, Risk, and Policy- Buffalo, NY

Overview:

Serves as a member of the Management Development Program (MDP) and participates in ten weeks of Core Training and one year of On-the-Job (OJT) training. Core Training responsibilities include participation in classroom training, observations of departmental presentations, interaction with senior management, peer networking, and working in teams on two group project assignments. OJT responsibilities vary by department and are assigned by the department manager.

The position may be responsible for additional projects as assigned by the department manager or Leadership Development Manager-MDP.

• 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.

• Risk Management

• Policy / Procedure / Control Management

• Monitoring / Oversight

• Committee Governance

• Trust Administration

• Participate in and complete a one-year long, non-rotational training program while creating and adding value to assigned department. Receive job specific training, general training in banking, communication and leadership, and personalized coaching and feedback. Performance measures may include several objective test scores, peer and sponsor feedback from group projects, facilitator feedback, Leadership Development Manager-MDP feedback, Department Manager feedback, final assessment score, and year-end performance appraisal from Department Manager and Leadership Development Manager-MDP.

• Core Training - Participate in ten weeks of training throughout the one-year assignment to learn banking, basic financial skills, technical skills, and leadership/interpersonal skills. Develop a solid understanding of banking functions, processes, and operations.

• Group Projects - Participate in two group project assignments, working with a team of their peers to build relationships within their teams as well as with project sponsors, internal and external contacts, and senior management. Teams make a presentation to senior management at the conclusion of each project providing recommendations and potential project solutions.

• On-the-Job Training - The fundamental skills taught in core training are combined with On-the-Job training based on the incumbent's assignment. Job specific training teaches departmental policies, procedures, systems, and products. Upon completion of MDP, all incumbents attain basic skills necessary to become entry-level professionals and/or managers in their assigned department.

• Complete tasks in a manner that are compliant with…