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Compliance Consultant - 3DJLJ in Buffalo, NY at M&T Bank

Date Posted: 7/9/2018

Job Snapshot

Job Description

Basic Function
Provide consultative guidance on compliance risk management activities throughout the enterprise for their assigned area of responsibility. Execute the compliance risk management program.
Top Responsibilities
With limited management guidance, consult with business units on compliance matters.
Assist with development and implementation of compliance policies and procedures.
Identify and evaluate controls that are in place that are designed to mitigate risk of non-compliance.
Ensure business units and/or CRM have appropriate monitoring mechanisms in place to identify compliance risks. Identify gaps where additional monitoring mechanisms may need to be implemented.
Maintain a general understanding of the laws, rules and regulations with which the business and/or CRM must comply and an awareness of issues of recent regulatory focus.
Assist in the development and/or delivery of training to support employees in fulfilling their compliance responsibilities.
Escalate material compliance risks to Compliance Managers, as appropriate.
Liaison with CRM departments as appropriate in the execution of CRM program components.
May assist in Risk Assessment to identify compliance risk exposure and help the organization prioritize compliance risks.
May assess compliance issues presented through new/revised product and service offerings and work closely with lines of business to plan a response.
Under management guidance, work with business units and/or CRM to design a plan for timely and effective resolution of issues identified through monitoring and testing.
Responsible banking: Fair lending laws and regulation (federal and state); unfair, deceptive and abuse acts and practices (UDAAP), Home Mortgage Disclosure Act, etc.
-Governance: Issues management, examination management, reporting, risk assessment, quality control and assurance, budgeting, technology solutions, compliance training
-WISD: Wealth and investment laws and regulations
-Core banking: Deposit and lending laws and regulations (B, D, E, H, X, Z, etc.) and regulatory guidance (AMPTA, Subprime guidance, etc.)
-Testing and Project Management: All CRM testing functions as well as enterprise testing support to other departments
-Enterprise: Laws and rules that apply across the enterprise, such as privacy rules, FCRA, TCPA, Reg W, the Volcker Rule, Reg O, etc -
-BSA/AML & OFAC: Laws and rules that apply to BSA/AML/Sanctions program including Customer Due Diligence, suspicious activity, OFAC and regulatory reporting.
Bachelor's Degree in related field.
5 years’ experience in compliance, legal, audit, risk or other relevant function or In lieu of degree, combined minimum 9 years higher education and/or work experience, including minimum 5 years in compliance, legal, audit, risk or other relevant function
Proficient computer skills (including spreadsheet and word processing software), analytical skills, working knowledge of applicable laws, written and verbal communications w/ all levels.

We encourage candidates with relevant military experience to apply.

About M&T
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.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.