The Compliance Advisor in the Compliance Risk Management ("CRM")
organization will take on a key leadership role in identifying,
assessing, and mitigating risk (including but not limited to
operational and regulatory risks). Incumbents will lead complex
compliance risk management activities and provide guidance for an
assigned area of responsibility, while working with senior business
line leadership to implement and execute the compliance strategy
and advise on prioritization of compliance risks.
* Consult with senior managers of business units on complex
* May assist in oversight of state, federal, domestic and
possibly international regulator relationships and examinations
including the Federal Reserve, OCC, SEC, DOL, FINRA, CFPB, State of
New York, and/or the State of Delaware, as applicable.
* Evaluate the effectiveness of existing processes and recommend
new processes that most effectively anticipate, manage, and reduce
risk to the business.
* Develop and communicate recommendations that support adherence
to regulations, industry best practices and/or the CRM program.
* Maintain subject matter expertise 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,
* Liaise 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 complex new/revised
product and service offerings and work closely with senior leaders
of business units to plan a response.
* Work with senior leaders of 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.
* Adhere to applicable compliance/operational risk controls in
accordance with Company or regulatory standards and policies.
* 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.
Specific to Posting:
Working knowledge of applicable laws and regulations, including,
but not limited to the following depending on the position's area
* Governance: Issues management, examination management,
reporting, risk assessment, quality control and assurance,
budgeting, technology solutions, compliance training * WISD: Wealth
and investment laws and regulations * Testing and Project
Management: All CRM testing functions as well as enterprise testing
support to other departments * Enterprise: Laws and rules that
apply across the enterprise, such as privacy rules, FCRA, TCPA, Reg
W, the Volcker Rule, Reg O, etc - * BSA/AML & OFAC: Laws and rules
that apply to BSA/AML/Sanctions program including Customer Due
Diligence, suspicious activity, OFAC and regulatory reporting.
Scope of Responsibilities:
The Compliance Advisor - MTS Institutional works under general
supervision of the Compliance Manager but exercises a high level of
judgment and discretion to resolve problem situations
Effective communication and collaboration with Senior Leadership
and M&T Bank Executive Management is expected in the role.
The Compliance Advisor must understand when situations warrant
escalation to the MTS and M&T Bank Chief Compliance Officer,
Legal, or when other consultation is needed.
The Compliance Advisor position is essential to ensuring
compliance. Failure to adhere to regulations could result in
significant long-term negative impact due to severe penalties from
regulators and to legal and reputational risk.
This position must maintain positive working relationships with
CRM staff, business line owners, as well as maintaining significant
contact with 2nd Line Risk Management, Legal, Audit, and other
M&T subsidiaries and departments. The Compliance Advisor also
interacts with external contacts, including regulators/examiners,
vendors, and peer companies.
Education and Experience Required:
A combined minimum of 12 years' higher education and/or work
experience, including 8 years' experience in compliance, legal,
audit, risk or other relevant function.
Proficient computer skills (including spreadsheet and word
Strong analytical skills.
Working knowledge of applicable laws.
Strong written and verbal communication skills.
Buffalo, New York, United States of America