Overview:Lead a team of professionals and managers in the development, implementation and execution of various operational risk/compliance-related initiatives in support of multiple and/or highly complex business lines. Assess the implications of business decisions that involve legal, regulatory or operational/compliance risk. Lead the implementation of all policies and documentation for new and changed regulations.Primary Responsibilities:
Develop, implement and execute strategy for completion of workflow in assigned area, including remediation plan creation, revision and approval
Manage the implementation of all new and changed regulations for assigned area of support including the addition and review of policies, standards, and procedures designed to achieve compliance with applicable laws, rules, and regulations.
Prepare and present updates and communication to senior management.
Serve as an escalation point for Compliance Risk issues, bringing matters to the attention of Leadership as needed.
Manage relationships with Internal Audit, Compliance Risk Management, examiners, third party auditors and the Legal Department, engaging the First Line Risk Officer when appropriate
Manage the analysis and interpretation of Federal and State laws in conjunction with Compliance
Risk Management to ensure consistency and actions consistent with M&T's risk appetite.
Support business line by providing technical compliance expertise in furthering business line initiatives, including the development and revamping of products, and resolving issues to ensure policies, procedures and controls result in material compliance.
Manage the process of identifying corrective actions and formulating solutions that minimize the impact of identified compliance issues.
Ensure all activities are appropriately vetted and approved by Compliance Risk Management, as appropriate.
Oversee the integrity of current compliance policies and procedures by managing periodic operational risk/compliance reviews of the business line activities.
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.
Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
Scope of Responsibilities:Managerial/Supervisory Responsibilities:Manage a team of professionals, including managers up to 3.Education and Experience Required:Bachelor’s degree or equivalent work experience.10 years’ experience in compliance, legal, audit, risk or other relevant function; Minimum 5 years work leadership experienceEducation and Experience Preferred:Thorough technical operational risk/compliance knowledge.Strong project management skills.Strong and proven ability to integrate sound compliance controls into business plans. Strong analytical abilities and problem-solving skillsAbility to work well with all levels of management.Must possess self-motivation and organizational skills.Excellent written and verbal communication skills.Attention to detail.Six years’ departmental experience preferred.Physical Requirements:M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $118,945.80 - $198,243.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.LocationBuffalo, New York, United States of AmericaM&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.
