M&T Bank · 5 hours ago
Senior Compliance Consultant - UDAAP Reviews (Remote)
United States
Full-time
Remote
Senior Level
$85K/yr - $142K/yr
6+ years exp
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Hiring Manager
Alex Shupe
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Responsibilities
Maintain a thorough knowledge and 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, particularly as it relates to UDAAP.
Execute UDAAP Reviews from start to finish with autonomy, while keeping management informed of progress and potential risk issues identified.
Ensure UDAAP Reviews are performed in accordance with established policies and procedures, and within designated timelines.
Effectively scope and develop an approach to performing a UDAAP Review in assigned area utilizing the appropriate resources and taking issues of regulatory focus into consideration.
Collaborate with other areas in CRM such as the Compliance Advisory Group and the Compliance Testing Group, and the Governance and Monitoring Office during the UDAAP Review process to keep them acquainted with work performed and partner where appropriate.
Conduct effective walkthroughs, obtain appropriate documentation, and accurately identify controls, monitoring, and risk within a process as it relates to the product/service operations and functionality being reviewed.
Understand how to incorporate the use of data into UDAAP Reviews and collaborate with CRM and/or business line data teams to do so.
Ensure all documentation associated with the UDAAP Review is complete, thorough, clear, and concise.
Actively participate in meetings within the three lines of defense as it relates to the work being performed or as otherwise directed by management.
Understand the root cause of any potential risks identified and effectively communicate said risks to management and business partners.
Escalate and measure potential UDAAP and other compliance risk issues identified to management and the lines of business as necessary.
As needed, partner with other areas of CRM to design a plan for timely and effective resolution of complex issues identified through UDAAP Reviews.
Actively seek out knowledge related to M&T products, services and operations to assist in the Review process and self-serve where able.
Continuously evaluate the UDAAP Review Program and suggest enhancements to processes for improvement as they arise.
Lead projects associated with implementing UDAAP Review Program enhancements when tasked.
Demonstrate strong communication, collaboration, interpersonal and organizational skills.
May interact 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.
Perform other ad hoc tasks as needed.
Qualification
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Required
Bachelor's Degree in related field.
6 years’ experience in compliance, legal, audit, risk or other relevant function, OR in lieu of degree, a combined minimum 10 years higher education and/or work experience, including 6 years in compliance, legal, audit, risk or other relevant function
Compliance Monitoring Experience
Preferred
UDAAP exp in a financial institution setting
CRCM Certification
Company
M&T Bank
M&T Bank provides banking, investment, insurance, and mortgage financial services.
10,001+ employees
H1B Sponsorship
M&T Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (52)
2022 (105)
2021 (78)
2020 (2)
Funding
Current Stage
Public CompanyTotal Funding
unknown1998-06-01IPO· undefined
Leadership Team
R
René Jones
Chairman & Chief Executive Officer
Richard Gold
President and Chief Operating Officer
Recent News
Investor's Business Daily
2024-11-27
2024-11-25
2024-11-25
Company data provided by crunchbase
