Job Description
Overview:
Manage a team of professionals and managers in the development, implementation, execution, and maintenance of various first line of defense regulatory and operational risk/compliance-related initiatives for the Mortgage Originations Business Unit. 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:
- Manage the implementation of all new and changed policies, regulations and laws that affect the business line
- Prepare and present updates and communication to senior management, including the business unit and internal oversight entities (e.g. second and third line risk)
- Manage relationships and communications with Internal Audit, Compliance Risk Management, examiners, third party auditors and the Legal Department.
- Manage the analysis and interpretation of Federal regulations and State laws in conjunction with Compliance Risk Management and Legal Department to ensure consistency and actions consistent with M&T's risk appetite, applicable to business line.
- 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 and reporting non-compliant processes or outcomes and assist the business line in developing corrective actions and formulating effective and sustainable solutions that minimize the impact of identified compliance issues.
- Ensure all activities are appropriately vetted and approved by Compliance Risk Management and Legal, as appropriate.
- Oversee the integrity of current compliance policies and procedures by managing periodic operational risk/compliance reviews of the business line activities, including (but not limited to) testing, monitoring, validation of business unit platform UAT testing outcomes, P&P reviews, etc.
Supervisory/ Managerial Responsibilities:
Manages a team of professionals, including managers.
Education and Experience Required:
Bachelor’s degree or equivalent work experience.
Minimum seven years’ relevant industry experience, to include two years of compliance experience and work leadership experience.
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 skills
Ability to work well with all levels of management.
Must possess self-motivation and organizational skills.
Minimum four years’ supervisory / work leadership experience preferred.
Excellent written and verbal communication skills.
Attention to detail.
Six years’ departmental experience preferred.
Strong knowledge of personal computers, software, and the Internet.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $107,500.00 - $179,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
Location Buffalo, New York, United States of America
Job Tags
Work experience placement