Overview:

Lead compliance risk management activities throughout the enterprise for their assigned area of responsibility.  The Senior 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.

Primary Responsibilities:

• 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, 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.

Specific to Posting:

- 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.

Supervisory/ Managerial Responsibilities:

Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations

Experience and Education Required:

Bachelor's Degree in related field.

10  years’ experience in compliance, legal, audit, risk or other relevant function,

OR in lieu of degree,

A 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

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $0.00 - $0.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location.

Location

Sanford, North Carolina, United States of America