Be an early applicantLess than 25 applicants

Company

M&T Bank · 4 hours ago

Senior Compliance Consultant - Retail Deposits

United States

Full-time

Remote

Mid, Senior Level

$85K/yr - $142K/yr

6+ years exp

Maximize your interview chances

BankingConsulting

H1B Sponsor Likely

Insider Connection @M&T Bank

Discover valuable connections within the company who might provide insights and potential referrals.
Get 3x more responses when you reach out via email instead of LinkedIn.

Responsibilities

Engage and consult with managers of business units and first line risk on compliance matters.

Provide timely and thoughtful regulatory expertise in response to business initiatives, line of business guidance requests, internal and external audits, and regulatory examinations.

Ensure compliance with existing processes and procedures and recommend new ones that most effectively anticipate, manage, and reduce risk to the business.

Assist in development and communicate recommendations that support adherence to regulations, industry best practices and/or the CRM program.

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.

Develop and/or deliver training to support employees in fulfilling their compliance responsibilities.

Escalate and measure compliance risk issues to leadership and the lines of business, as well as the 1st and 2nd Lines of Defense, as necessary.

Liaison with CRM departments as appropriate in the execution of CRM program components.

Assist in Risk Assessment to identify compliance risk exposure and help the organization prioritize compliance risks.

Assess compliance issues presented through new/revised product and service offerings and work closely with lines of business to plan a response.

Work with business units and/or CRM to design a plan for timely and effective resolution of complex issues identified through monitoring and testing.

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.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Retail Deposit lawsCompliance risk managementRegulatory expertiseFair lending lawsUnfair practices regulationsRisk assessmentCompliance trainingGovernanceTesting functionsEnterprise lawsProject management

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.

Thorough knowledge and understanding of the laws, rules and regulations with which the business and/or CRM must comply.

Awareness of issues of recent regulatory focus.

Experience with core banking: Retail Deposit laws and regulations (B, D, E, H, X, Z, etc.) and regulatory guidance (AMPTA, Subprime guidance, etc.).

Knowledge of responsible banking: Fair lending laws and regulation (federal and state); unfair, deceptive and abuse acts and practices (UDAAP), Home Mortgage Disclosure Act, etc.

Experience with governance: Issues management, examination management, reporting, risk assessment, quality control and assurance, budgeting, technology solutions, compliance training.

Experience with testing and project management: All CRM testing functions as well as enterprise testing support to other departments.

Knowledge of enterprise laws and rules that apply across the enterprise, such as privacy rules, FCRA, TCPA, Reg W, the Volcker Rule, Reg O, etc.

Company

M&T Bank

Glassdoor

3.6

M&T Bank provides banking, investment, insurance, and mortgage financial services.

Founded in 1856

Buffalo, New York, USA

10001+ employees

https://www3.mtb.com/

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)