ZipRecruiter

Log In

1

Assistant Risk Manager Jobs in Buffalo, NY (NOW HIRING)

M&T Bank

Fraud Risk Manager

Buffalo, NY · On-site

$107K - $179K/yr

Manage the team responsible for risk and control functions in the business unit. Assist the Business Risk Officer in setting direction for the department and risk policy of the organization. Primary ...

M&T Bank

Fraud Risk Manager

Buffalo, NY · On-site

$107K - $179K/yr

Manage the team responsible for risk and control functions in the business unit. Assist the Business Risk Officer in setting direction for the department and risk policy of the organization. Primary ...

M&T Bank

Director, Treasury Risk

Buffalo, NY · On-site

$285K - $295K/yr

... Assistant Treasurer, Head of Liquidity & Funding, Head of Market Risk, or related occupation. Must have CPA or CFA license. Requires four (4) years of experience with Liquidity Risk Management ...

M&T Bank

Director, Treasury Risk

Buffalo, NY · On-site

$285K - $295K/yr

... Assistant Treasurer, Head of Liquidity & Funding, Head of Market Risk, or related occupation. Must have CPA or CFA license. Requires four (4) years of experience with Liquidity Risk Management ...

M&T Bank

Director, Treasury Risk

Buffalo, NY · On-site

$285K - $295K/yr

... Assistant Treasurer, Head of Liquidity & Funding, Head of Market Risk, or related occupation. Must have CPA or CFA license. Requires four (4) years of experience with Liquidity Risk Management ...

M&T Bank Corporation

Director, Treasury Risk

Buffalo, NY · On-site

$285K - $295K/yr

... Assistant Treasurer, Head of Liquidity & Funding, Head of Market Risk, or related occupation. Must have CPA or CFA license. Requires four (4) years of experience with Liquidity Risk Management ...

next page

Showing results 1-20

All JobsRisk JobsAssistant Risk Manager JobsAssistant Risk Manager Jobs in Buffalo, NY

Assistant Risk Manager information

See Buffalo, NY salary details

$23.6K

$67.4K

$142.9K

How much do assistant risk manager jobs pay per year?

As of Sep 14, 2026, the average yearly pay for assistant risk manager in Buffalo, NY is $67,407.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,134.00 and $84,869.00 per year, depending on experience, location, and employer.

What does an assistant risk manager do?

An Assistant Risk Manager helps organizations identify, assess, and minimize potential risks that could affect their operations or financial stability. Their responsibilities typically include conducting risk assessments, analyzing data, assisting in the development of risk management policies, and helping to implement risk mitigation strategies. They work closely with other departments to ensure compliance with regulations and to support the overall risk management framework. This role often involves preparing reports, supporting insurance processes, and staying up to date on industry best practices to protect the organization from potential loss.

What are the key skills and qualifications needed to thrive as an assistant risk manager, and why are they important?

To thrive as an Assistant Risk Manager, you need strong analytical skills, attention to detail, and a degree in finance, business, or a related field. Familiarity with risk management software, data analysis tools like Excel, and relevant certifications such as ARM (Associate in Risk Management) are typically required. Excellent communication, problem-solving abilities, and teamwork help you effectively assess risks and collaborate with stakeholders. These skills ensure accurate risk identification, mitigation, and the safeguarding of organizational assets.

How does an assistant risk manager typically collaborate with other departments to identify and mitigate risks?

An Assistant Risk Manager frequently works cross-functionally, partnering with departments such as finance, operations, and compliance to identify potential risks and develop mitigation strategies. This role often involves gathering information from various teams, facilitating risk assessments, and ensuring that all departments understand and adhere to risk management policies. Collaboration may include regular meetings, joint projects, and providing training or support to help other teams recognize and address emerging risks. Strong communication and interpersonal skills are essential for building effective relationships and fostering a culture of risk awareness throughout the organization.

How much do assistant risk managers earn?

Assistant risk managers typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is an Assistant Risk Manager a stressful job?

An Assistant Risk Manager role involves identifying and analyzing potential risks to an organization, which can be stressful due to the responsibility of preventing financial or operational losses. The job often requires attention to detail, problem-solving skills, and working under deadlines, which can contribute to workplace stress. However, stress levels vary depending on the organization, workload, and individual resilience.

What are the most commonly searched types of Risk Manager jobs in Buffalo, NY?

The most popular types of Risk Manager jobs in Buffalo, NY are:

What job categories do people searching Assistant Risk Manager jobs in Buffalo, NY look for?

The top searched job categories for Assistant Risk Manager jobs in Buffalo, NY are:

What cities near Buffalo, NY are hiring for Assistant Risk Manager jobs?

Cities near Buffalo, NY with the most Assistant Risk Manager job openings:

Assistant Risk Manager jobs near you
Infographic showing various Assistant Risk Manager job openings in Buffalo, NY as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $67,407 per year, or $32.4 per hour.

Fraud Risk Manager

Buffalo, NY • On-site

M&T Bank
Finance and Insurance • 10K+ employees
Learn more about M&T Bankexternal

$107K - $179K/yr

Full-time

Re-posted 3 days ago

Key responsibilities

  • Oversee the identification, assessment, and reporting of risks impacting the business unit, including loss events and Key Risk Indicators (KRIs).

  • Manage the team responsible for risk and control functions, ensuring proper documentation, testing, and reporting of risk management activities.

  • Develop and oversee processes for risk event reporting, issue escalation, and remediation plans.

M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 189 frontline employees who took The Breakroom Quiz

Job description

Overview:

Manage the first line of defense risk management responsibilities of the business unit in accordance with the Enterprise Risk Framework. Oversee the proactive identification, accurate assessment and reporting of risks impacting the business unit, including loss events and Key Risk Indicators (KRI's). Ensure the appropriate escalation of identified issues and the timely completion of remediation plans. Manage the team responsible for risk and control functions in the business unit. Assist the Business Risk Officer in setting direction for the department and risk policy of the organization.

Primary Responsibilities:
  • Lead the planning, execution, and reporting of the business unit's first line of defense risk management function including ensuring the documentation of key processes and internal controls. Ensure the complete and proper identification and assessment of risks in the business unit's key processes in accordance with the Enterprise Risk Framework, internal guidance, and risk management professional standards.
  • Drive the development, execution and reporting of the business unit's risk-based testing program. Ensure control testing is performed in accordance with M&T's First Line of Defense Guidance on Management of Risks & Internal Controls and professional standards.
  • Oversee reporting to Business Unit Management, Scenario Management and internal risk committees. Provide direct assistance/support to the First Line Risk Officer
  • Monitor business unit performance with respect to established key risk indicators (KRIs) and prepare comprehensive KRI reporting.
  • Ensure the accurate and timely completion of Risk Control Self Assessments (RCSAs) and other risk management reporting. Develop a process by which emerging risks and losses are reviewed and incorporated into the RCSAs and KRIs.
  • Identify emerging risks and risks associated with new products/ services/ markets/ channels or changes to existing products/ services/ markets/ channels and oversee the reporting of these risks to management and the Markets, Products and Services Risk Committee.
  • Ensure the effective and efficient management and reporting of issues, including remediation plans. Develop and oversee the process for identifying and reporting risk events and losses in a timely manner. Appropriately escalate identified issues to the First Line Risk Officer and business unit management.
  • Develop, implement and oversee the maintenance of policies for the business unit. This includes the updating of policies in response to federal, state or business unit process changes. Respond to both internal and external requests in relation to departmental policies and procedures.
  • Provide coaching and mentoring to the staff. Review and approve test results. Build a working relationship with business unit management, Internal Audit, Corporate Operational Risk and Corporate Compliance Portfolio Managers.
  • Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports belonging 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.
Education and Experience Required:

Bachelor's degree and a minimum of 7 years' relevant work experience, or in lieu of a degree, a combined minimum of 11 years' higher education and/or work experience, including a minimum of 7 years' relevant work experience

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $107,500.00 - $179,100.00 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 M&T Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply