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Operational Risk/Business Process Analyst II - 3DH8Y in Buffalo, NY at M&T Bank

Date Posted: 4/27/2018

Job Snapshot

Job Description

Support the development and implementation of various operational risk/compliance related initiatives within Enterprise Security. Responsible for assisting in adherence to State and Federal regulatory compliance with the Bank Secrecy Act, USA PATRIOT Act and OFAC. Interacts with business unit compliance personnel and security personnel to ensure compliance with laws, regulations, and audit requirements.
•         Assist in mitigating the risks associated with high risk customers through enhanced due diligence review and suspicious activity identification throughout M&T Bank Corporation to ensure compliance with Federal and State laws and regulations and to minimize penalties and reputational losses.
•         Conduct periodic compliance reviews and testing throughout business units.
•         Implements internal policies and control procedures with a thorough knowledge and understanding of guidance, laws and regulations regarding M&T not doing business with persons involved in money laundering or terrorist financing or with prohibited persons or entities designed by OFAC, other law enforcement agencies, and /or suspicious activity. Develop and maintain documented self-test plans for applicable state and federal regulations. Perform self-testing according to formalized timelines.  
•         Identify corrective action and formulate solutions that minimize the impact of identified compliance issues.
•         Communicate to appropriate business units and follow up to ensure corrective actions are implemented.
•         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.
•         Develop training materials for business unit employees.  
•         Conduct training sessions for all levels of business unit staff.  
•         Validate the integrity of current and/or new compliance policies and procedures.
•         Design and/or modify compliance control procedures.  
•         Document procedures and disseminate to affected parties.
•         Perform other related assignments as requested by management.
•         Provide backup in support of Physical Security and Investigations project implementation, data creation and reporting, vendor management, and check restitution.
•         Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
•         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.
•         The position requires extensive contact with business unit personnel in training and auditing capacity.
•         The position interacts with non-management, middle management and business units/partners. 
•         Testing is critical to the business’s ability to identify issues with meeting regulatory requirements and reduce the risk of fines/penalties resulting from non-compliance that would impact profitability.
•         Bachelor’s degree and a minimum of 2 years demonstrated experience in compliance administration/analysis or in lieu of a degree a combined minimum of 6 years higher education and/or work experience including a minimum of 2 years demonstrated experience in a compliance administration/analysis
•         Three (3) years’ banking experience
•         Sound analytical abilities and problem solving
•         Excellent written and verbal communication skills
•         Good attention to detail
•         Solid working knowledge of personal computers
•         General understanding of Bank systems and processes
•         Departmental experience 
•         Knowledge of software utilized by department 
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.
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'Relevant Military Experience is Desired'
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.