Senior Business Process Engineer (Institutional Services)
Wilmington Trust Institutional Services (IS) is driving rapid business growth and a strategic continuous-improvement program to standardize processes, adopt best practices, and add governance and control functions. Long-term digital transformation will shift the division to a client-centric, global, digital-first model while lowering the cost to serve.
About the role
We are seeking a Senior Business Process Engineer to join our Corporate Trust and Agency Services team. This role focuses on end-to-end process redesign to enhance operational efficiency, strengthen risk controls, and improve client experience.
Responsibilities
- Collaborate with stakeholders to define business requirements and ensure alignment with regulatory and compliance standards.
- Interview process subject matter experts (SMEs), process owners, and division managers to identify and understand their processes.
- Assess risks, gaps, and control weaknesses within existing processes; identify risk-related issues needing escalation to management.
- Design, implement, maintain, and enhance internal controls to mitigate risk on an ongoing basis.
- Document information using analytical tools and techniques including spreadsheets and process maps; leverage Microsoft Visio and BPMN.
- Document and map current-state business processes and facilitate the design of an improved future state.
- Ensure process documentation is built with consistent templates, fits into the broader process architecture, and is maintained according to governance procedures.
- Drive continuous improvement initiatives, leveraging best practices in process improvement and operational excellence.
- Support change management efforts to ensure successful adoption of redesigned processes.
- Collaborate with change-enablement teams on communication, training, and implementation of process changes.
- Ensure official process documentation is consistent with approved procedures.
- Champion process excellence across Institutional Services by focusing on reducing costs, cycle time, errors, and risk, encompassing concepts of LEAN, Six Sigma, Change Management, and Problem-Solving methodologies.
- Manage and formulate business opportunities in the long-term planning process, including development and adoption of business cases; responsible for implementation of overall initiatives.
- Develop and monitor measurement systems (e.g., KPIs/KRIs) to track process performance and operational metrics.
- Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite.
- 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.
Requirements
- 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.
- Ability to document processes accurately, in detail, and using BPMN 2.0.
- 5 years of financial services experience.
- Six Sigma Black Belt, Lean Certified, or Agile certification.
- Strong verbal and written communication skills.
- Strong analytical and problem-solving skills to properly deconstruct problems and determine viable solution options using data as a guide.
- Experience handling multiple tasks and working under time constraints in support of various assignments.
- Strong design and systems thinking skills.
Preferred Qualifications
- Minimum of a bachelor’s degree in a technical, finance, or business discipline.
- Minimum of 8 years’ process improvement experience.
- FinTech or corporate trust experience.
- Experience with risk management practices (Risk and Control Assessments).
- Self-motivated, well-organized, and detail-oriented.
- Proven success scaling process design practices across large, complex organizations.
- AI prompt engineering experience.
Pay
The pay range for this position is $118,200 – $197,000 annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Wilmington, Delaware, United States of America