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Senior Compliance Manager - 3DJZ9 in Baltimore, MD at M&T Bank

Date Posted: 9/26/2018

Job Snapshot

Job Description

Basic Function
Lead compliance risk management activities throughout the enterprise for their assigned area of responsibility. The Sr Compliance Manager will help develop, implement and execute strategy of the workflow and performance of personnel to ensure processes are completed in an accurate and timely manner.
Top Responsibilities
Assume primary Compliance program oversight responsibilities for the Bank’s Broker Dealer Municipal and Corporate Underwriting services.

Identify, measure, and escalate compliance risk issues to the Compliance Director and/or the Lines of Business (LOBs) as necessary.
Assist in oversight of state, federal, domestic and possibly international regulator relationships and examinations including the Federal Reserve, OCC, SEC, DOL, FINRA, MSRB, CFPB, State of New York, and/or the State of Delaware, as applicable.
Implement and execute on strategic priorities for the group, potentially impacting the enterprise, assist to implement the priorities, and ensure ongoing compliance across the enterprise.
Develop, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis.
Manage and maintain enterprise-wide policies, standards, and procedures designed to achieve compliance with applicable laws, rules, and regulations
Evaluate and advise on new/revised products and services from a compliance risk perspective for assigned areas
Maintain internal control standards, including timely support for implementation of internal and external audits, examinations, investigations, or supervisory events
Work with the Compliance Director to engage other Risk Departments, Internal Audit, Legal and/or Regulatory Affairs regarding interrelated risk issues impacting operational, credit, strategic, reputation, market, liquidity, interest rate and capital risks
Assist in the development of enterprise-wide policies, standards, and procedures designed to achieve compliance with applicable laws, rules, and regulations
Interacts with State and Federal Regulatory Agencies, numerous risk and executive management, lines of business, and support organizations such as Internal Audit and Legal on an ongoing and regular basis to ensure the enterprise is operating within the Board-mandated compliance risk tolerance.
Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations
'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.
10 years’ experience in compliance, legal, audit, risk or other relevant function or In lieu of degree, combined minimum of 14 years higher education and/or work experience, including 10 years compliance, legal, audit, risk or other relevant function
Minimum of 5 years managerial or supervisory experience


Ideal Qualifications

Series 7, 24, 53, and 79 licenses
Demonstrated leadership capabilities. Proficient computer skills (including spreadsheet and word processing software), analytical skills, working knowledge of applicable laws, written and verbal communications w/ all levels.

Working knowledge of applicable SEC, FINRA, and MSRB laws and regulations, including, but not limited to the following areas;
o New issue underwriting of Municipal and Corporate Debt and Equity
o Trade reporting
o Pershing and Bloomberg Trading Platforms
o G-37 / political contributions tracking and reporting
o Sales / customer documentation requirements
o Continuing Disclosure monitoring
o Outside Business Activities and Personal Transactions monitoring
o Investment Banking and Public Finance conflicts of interest mitigation

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.