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.

DEPARTMENT DESCRIPTION:

The Audit division provides independent, objective assurance and advisory services designed to add value and improve the M&T Bank’s operations. Audit helps our organization accomplish its objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control, and governance processes.

DUTIES / RESPONSIBILITIES:

You’ll collaborate with the Audit team to identify risks and controls within a business line at the Bank, partner with team to develop and execute testing of controls and provide recommendations to the business line. The Audit team is hiring four members into their division within the 2024 Management Development Program. You’ll rotate with your peers through business lines audits, having the opportunity to build relationships, and learn about different areas of the organization from an Audit perspective. You will be participating in an established staff level development program inclusive of a mix of live, on-demand, on-the-job, and experiential training in Internal Audit, Banking, and the requisite soft skills to succeed as an auditor. The program also includes organized events by both Internal Audit and the Bank as a whole in conjunction with the Management Development Program. Your day-to-day work will include:

•Executing assigned audit tasks in a risk focused manner while maintaining independence and adhering to department and professional industry standards and within established budget and timeframe.

•Assisting in the execution and documentation of audit testing to support the delivery of high quality, value-added audit reports for a variety of business activities, which meet the requirements of the Audit Committee and regulatory expectations.

•Adhering to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.

•Communicating and present directly to leadership in Audit: including department directors, as well as senior management.

•Maintaining M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators, as applicable.

HOW YOU CAN GROW YOUR CAREER:

You’ll be participating in a two-year program; the first formally as a part of the Management Development Program (MDP) and concurrently learning with Internal Audit developed training to successfully learn to execute and lead audits. The objective is to build a strong pipeline for leadership within the Audit Division. Due to the visibility of the role of an Internal Auditor, there are many different paths your career can take in the future

Primary Responsibilities:

• 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 applicable laws and regulations and/or that serve to help the Company be in compliance with laws and regulations that apply to the business line the position supports.

• 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.

Scope of Responsibilities:

The Management Development Program is a non-rotational, one-year training program for recent college graduates where participants learn sales, accounting, project management and leadership skills depending upon their career track. Various methods of training include classroom study, divisional orientations, and teamwork on group projects. These fundamentals are coupled with on-the-job training to allow for immediate application in the area for which the participant has been hired.

Supervisory/ Managerial Responsibilities:

Not Applicable.

Education and Experience Required:

• 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

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $29.57 - $43.99 per hour. The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above encompasses all geographic locations. The pay rate specific to your location will fall within this range and is available from your recruiter.

Location

Wilmington, Delaware, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.