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The M&T Bank

Deputy Compliance Officer - Compliance Risk Management

The M&T Bank - Buffalo, NY


Basic Function:Responsible for oversight compliance with respect to laws and regulations applicable to subject matter business activities of the bank. Subject matter business activities can include: Mortgage, Consumer Lending, and Credit Card. Interact with business unit compliance personnel and senior management to ensure compliance with laws and regulations.
Responsibilities:(a) Legal & Regulatory Risk Ranking. Identifies and risk rates laws and regulations applicable to the subject matter business activities for which the position is responsible. (b) Legal & Regulatory Updating & Dissemination. Uses internet and other means to remain current on legal and regulatory requirements and disseminates to business unit compliance coordinators and senior and middle management within assigned subject matter businesses any changes and/or new regulatory guidance with regard to applicable laws, regulations and common law. (c) Product & Services Risk Ranking. Provides guidance and oversight to business unit compliance coordinators and senior and middle management within assigned subject matter businesses to perform, maintain and periodically review and update a risk-based, sub-categorization of products and services offered by the business lines organized according to the applicable laws and regulations that impact them. (d) Compliance Policies & Control Procedures. Provides guidance and oversight to business units compliance coordinators and senior and middle management within assigned subject matter business to develop, design and document policies and control procedures requiring a working knowledge and understanding of laws and regulations applicable to the subject matter. While the principal responsibility for the development of procedures rests with the business line and the position serves as a subject matter expert / advisor to the business line and also functions to review and approve of policies to facilitate consistent development and documentation of policies and procedures across multiple business lines. (e) Training Plans. Develops the curriculum and training materials for employees concerning underlying legal and regulatory requirements with which assigned business units must comply. This requires a working knowledge and understanding of laws, common law and regulations applicable to the subject matter. Also provides guidance and oversight to business units compliance coordinators and senior and middle management within assigned subject matter business on the development of curriculum and training materials concerning the specific policies and control procedures used within the business line to assure compliance. (f) Test Plans. Provides guidance to the Deputy Compliance Testing Officer, the business unit compliance coordinators and senior and middle management within assigned subject matter businesses with regard to development of test plans to assure compliance with laws and regulations. Also, along with the Deputy Compliance Testing Officer provides oversight over business unit compliance coordinators in the implementation of test plans. (g) Supervision & Management. Provide direction to Corporate Compliance Specialists with specific subject matter expertise concerning specific laws, regulations and common law that are dedicated to particular business lines. Exercise managerial authority over staff with respect to hiring, staffing, salary recommendations, performance management, employee development, and termination.
Minimum Qualifications:Bachelor's degree or the equivalent in work experience with a minimum of seven (7) years experience in corporate compliance related position (whether in a centralized corporate compliance department or embedded within a business unit) or 10 years experience in a related subject matter management function with extensive exposure to regulatory compliance. Management experience required. OR a juris doctorate and a minimum of three years experience in employment in a bank or other related institution with consistent exposure to regulatory compliance.

About M&T:At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T.  As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future.Job Posting:  Nov 27, 2017, 5:14:02 PM Unposting Date:  Ongoing

15 days 19 hours ago

The M&T Bank

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Deputy Compliance Officer - Compliance Risk Management The M&T Bank - Buffalo, NY, United States

   

Location: Buffalo, NY

Company Profile:
Times like these call for a financial services partner that has stood the test of time. Established in 1856 as Manufacturers and Traders Bank, today we’re the M&T Bank Corporation, one of the 20 largest US headquartered commercial bank holding companies, with current assets of $97.1 billion (as of June 30, 2015) and more than 650 branches, account access at over 1,500 M&T Bank ATMs and more than 15,000 employees throughout New York, Maryland, Pennsylvania, Washington, D.C., Virginia, West Virginia, New Jersey, Florida, Delaware and Toronto, Canada (Deposits with M&T are not insured by the Canada Deposit Insurance Corporation (CDIC)).