Senior Compliance Risk Lead - Consumer & Operations (Hybrid)

M&T Bank; Buffalo (NY); Hybrid; USD 90,000 - 149,000; Full time

Job summary

M&T Bank in Buffalo, NY seeks a regulatory compliance professional to guide complex operations risk management across the first line of defense. You will produce materials for internal and external examinations and translate regulatory requirements into governance, controls, and business practices.

Role involves staying current on federal/state laws, collaborating with Compliance Risk Management and Legal, and supporting product development with compliant processes.

Qualifications

• Bachelor’s degree or equivalent work experience.
• Minimum five years’ relevant industry experience, including one year in compliance.
• Knowledge of risk management strategies in the financial industry.

Responsibilities

• Serve as a primary consultant with managers of business units on business compliance matters.
• Maintain knowledge of applicable laws, regulations, regulatory guidance, and supervisory expectations relevant to assigned areas of responsibility, including federal and state financial operational regulatory requirements (e.g., Internal Revenue Code, Treasury Regulations, unclaimed property regulations).
• Analyze Federal and State laws and regulations in conjunction with Compliance Risk Management and Legal to ensure consistency with M&T's risk appetite.
• Apply governance, risk, and compliance concepts, practices, and procedures including regulatory change management, risk and compliance assessments, and the development and maintenance of governance documentation.
• 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.
• Ensure all activities are appropriately vetted and approved by Compliance Risk Management, Legal, and Regulatory Affairs, as appropriate.
• Oversee the integrity of current compliance policies and procedures by managing periodic operational risk/compliance reviews of the business line activities.
• Prepare and present updates and communication to various levels of management.
• Escalate issues to management as appropriate
• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
• Identify opportunities for continuous improvement and develop recommendations for management on strategies to enhance process efficiency, effectiveness, and sustainability.
• Promote an environment that supports belonging 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.

Skills

Regulatory knowledge

Risk management

Project management

Communication

Analytical abilities

Education

Bachelor’s degree or equivalent work experience

Juris Doctor (J.D.) preferred

Job description

M&T Bank in Buffalo, NY seeks a regulatory compliance professional to guide complex operations risk management across the first line of defense. You will produce materials for internal and external examinations and translate regulatory requirements into governance, controls, and business practices.

Role involves staying current on federal/state laws, collaborating with Compliance Risk Management and Legal, and supporting product development with compliant processes.