M&T Bank · 2 days ago
Compliance Testing Advisor - Institutional Services & Wealth Management and M&T Institutional Broker Dealer
Remote, USA
Full-time
Remote
Mid, Senior Level
$85K/yr - $142K/yr
6+ years exp
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Responsibilities
Interface with all layers of the organization independently to obtain information related to processes and controls.
Perform compliance testing in accordance with department and professional standards.
Oversee planning and execution of testing, including multiple simultaneous testing engagements across a defined testing portfolio.
Ensure testing engagements are completed within established timeframes, and/or provide early escalation of anticipated delays to senior management.
Draft and communicate substantive testing findings and control execution weaknesses to all levels of compliance and business unit management under the direction of a Manager.
Lead collaborative testing team discussions with all levels of management where judgment and opinions are effectively challenged.
Review test findings with testing management and other compliance officers to confirm validity of issues; make recommendations to Senior Compliance Testing Manager regarding the appropriate tier rating of identified issues.
Work with business units and compliance groups to ensure consistent understanding of requirements.
Responsibilities may also include system administrative duties such as maintenance, validation, and/or updating in the compliance data management system (Archer).
Review work papers of all team members and provide related feedback, coaching, and mentoring.
Build a working relationship with mid-level Internal Audit, Business Units, and Corporate Compliance Portfolio Managers.
Encourage integrated testing approaches with the data & systems team and make suggestions on testing approaches to improve the efficiency and effectiveness of testing procedures.
Serve as knowledge resource for all staff.
Maintain a comprehensive working knowledge of regulatory requirements to ensure an appropriate level of testing.
Provide feedback to team members regarding assessments of business unit process and controls and respective risk focused input on effectiveness and efficiency of testing approach.
Independently document and assess all levels of test scripts.
Participate in special projects and department wide initiatives, as necessary.
Multitask assignments and meet established deadlines.
Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite. Identify risk-related findings needing escalation to a Manager.
Promote an environment that supports diversity 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.
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
Demonstrated coaching experience.
Ability to read and understand laws, regulations, and common law applicable to subject matter.
Ability to exercise judgment and sound discretion, and understand when Corporate Compliance Management guidance is needed.
Strong, comprehensive understanding of financial services functions.
Ability to thrive in a collaborative, team-oriented environment.
Strong interpersonal skills, having the ability to effectively communicate both orally and in writing to mid-level management.
Strong organizational and analytical skills.
Possess regulatory subject matter expertise related to aspects of the portfolio.
Strong proficiency with spreadsheet, presentation, and word processing software.
Preferred
FINRA Series 7 and 24 Licenses
Related certifications (CPA, CIA, CISA, CAMS, CRCM or similar certifications)
MBA or Master's Degree in an appropriate field
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· nyse:MTB
Leadership Team
R
René Jones
Chairman & Chief Executive Officer
Richard Gold
President and Chief Operating Officer
Recent News
2024-10-31
Hartford Business Journal
2024-10-31
Company data provided by crunchbase
