Overview:

Function autonomously while executing the compliance strategy and advancing the Compliance Risk Management and Fair & Responsible Banking Programs. Provide guidance on complex compliance risk management activities as it relates to Fair & Responsible Banking. Positively influence and collaborate across the Bank with respect to Fair & Responsible Banking job responsibilities.

Primary Responsibilities:

• Serve as a Fair Lending subject matter expert by understanding how potential Fair Lending risk manifests itself within the Bank’s various lines of business and advising accordingly.
  • Maintain a general understanding of the laws, rules and regulations with which the business and/or CRM must comply and an awareness of issues of recent regulatory focus.
  • With limited management guidance, consult with business units on compliance matters.
  • Liaison with CRM departments as appropriate in the execution of CRM program components.
  • Assist in the development and/or delivery of training to support employees in fulfilling their compliance responsibilities.
  • Identify and evaluate controls that are in place that are designed to mitigate risk of non-compliance.
• Identify, measure, and escalate Fair Banking compliance risk issues timely to leadership and the lines of business, as well as the 1st and 2nd Lines of Defense, as necessary.
  • May assess compliance issues presented through new/revised product and service offerings and work closely with lines of business to plan a response.
  • Assist with development and implementation of compliance policies and procedures.
  • Escalate material compliance risks to Compliance Managers, as appropriate.
  • Under management guidance, work with business units and/or CRM to design a plan for timely and effective resolution of issues identified through monitoring and testing.
  • Ensure business units and/or CRM have appropriate monitoring mechanisms in place to identify compliance risks.  Identify gaps where additional monitoring mechanisms may need to be implemented.
  • May assist in Risk Assessment to identify compliance risk exposure and help the organization prioritize compliance risks.

Specific to Posting:

• This position works under limited management guidance of the Compliance Manager and is required to exercise independent judgment and discretion. 
• This position has substantial contact with internal departments and positions within M&T Bank Corporation and its subsidiaries, including Legal and members of middle and senior management.
• 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
• Risk evaluation: review policy, procedure, products, services, systems for potential fair lending risk and write a Qualitative Fair Lending Review to include conclusions on the fair lending risks evaluated.
• Regulatory Updates: Review, Interpret, and advise on regulatory updates that are identified.
• Marketing Campaign Review: Advise the Marketing Compliance Team on Fair Lending risks and review marketing campaign criteria.
• Complaint Dispositioning: Review and disposition complaints where discrimination is alleged for trending analysis.
• Proficient in software utilized by the department, including Archer and SharePoint
• Effective project management skills
• 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
• Testing and Project Management: All CRM testing functions as well as enterprise testing support to other departments

Experience and Education Required:

• Bachelor's Degree in related field.
• 5 years’ experience in compliance, legal, audit, risk or other relevant function
  • OR in lieu of degree, A combined minimum 9 years higher education and/or work experience, including minimum 5 years in compliance, legal, audit, risk or other relevant function

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $71,985.72 - $119,976.20 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

Clanton, Alabama, United States of America