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Business Unit Business Process Specialist - 3DITC in Baltimore, MD at M&T Bank

Date Posted: 5/25/2018

Job Snapshot

Job Description

Title: Business Unit Business Process Specialist 

Basic Function:

Provide centralized Bank Security Act (BSA) Anti Money Laundering (AML) compliance expertise to the business unit in order for management to assess the operational and data processing implications of business decisions that involve legal, regulatory, reputational, or compliance risk. Oversee the development and implementation of compliance related initiatives for the business unit. 

Essential Position Responsibilities:

• Analyze various State and Federal regulations to determine the relevance to business lines. Develop and implement appropriate procedures to ensure compliance with the regulations. Maintain compliance policy and procedures in accordance with approved bank policies.

• Validate the integrity of current compliance policies and procedures by overseeing periodic compliance reviews and self-testing throughout business. Develop and review the results of self-audits with the business units.  Correct process deficiencies uncovered by audits.

• Analyze and document the processes and procedures designed to implement the legal and compliance requirements related to new or modified products or services offered by business unit.

• Provide education within business by conducting BSA AML training sessions for various departments and by providing BSA AML expertise to departments to ensure that compliance policies and procedures are understood and followed.

• Interface with Corporate Compliance during bank examinations by serving as a principal source for gathering information from the business line as necessary to respond to examiner inquiries.

• Act as a consultant to the Corporate Compliance department for system and operational functionality. Perform compliance coordination activities for business with Corporate Compliance, Counsel’s office and other internal departments within the bank.

• Responsible for performing 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.

Nature and Scope:

• This position requires extensive interaction with the customer relationship teams, back office support departments.

• This position also requires interaction with the Corporate Compliance department and Legal.

• This position is critical to the business’s ability to meet regulatory requirements and reduce the risk of fines/penalties resulting from non-compliance that would impact profitability.

Supervisory Responsibility:

• None

Minimum Qualifications Required:

• Bachelor’s degree or equivalent work experience.

• A minimum of five years’ relevant industry experience.

• A minimum of two years’ previous supervisory / work leadership experience required.

Ideal Qualifications Preferred:

• Excellent written and verbal communication skills.

• Solid understanding of M&T, general bank operations and systemic functionality

• Proven ability to develop and integrate sound compliance controls into business plans.

• Sound analytical abilities and problem solving.

• Thorough technical compliance knowledge and project management skills.

• We encourage candidates with relevant military experience to apply.M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer.
M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas.
M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.