Compliance Testing Advisor - Consumer Protection

Overview:

The Compliance Testing Advisor – Consumer Protection role is responsible for leading and executing compliance testing engagements and complex issue validations utilizing a risk-based approach to ensure the Bank’s compliance with consumer protection related laws, rules and regulations, such as Fair Lending/Fair & Responsible Banking, UDAP/UDAAP, HMDA, and CRA. The Compliance Testing Advisor is also responsible for the oversight and coaching of team members to deliver a quality product in line with department and industry standards. In addition, this role supports continued enhancements to testing methodology, ongoing stakeholder engagement, special projects and department wide initiatives, and the overall promotion of the Compliance Testing Group within the organization.

Position Responsibilities:

• Interface with all layers of the organization independently to obtain information related to processes and controls.

• Perform compliance testing and complex issue validation in accordance with department and industry standards.

• Oversee planning and execution of testing engagements, including multiple simultaneous engagements across the consumer protection portfolio.

• Ensure compliance testing engagements and issue validations are completed within established timeframes, and/or provide early escalation of anticipated delays to 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 compliance testing management and other compliance officers to confirm validity of issues; make recommendations to management regarding the appropriate tier rating of identified issues.

• Work with business units and compliance groups to ensure consistent understanding of state and regulatory requirements.

• Stay abreast of key and emerging risks within the industry to ensure testing engagement scope and resources are aligned to the evolving environment of risk items, initiatives, and trends.

• 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, Legal, Business Units, First Line Risk Officers, and Corporate Compliance Portfolio Managers.

• Encourage integrated testing approaches with the data & analytics team and make suggestions on testing approaches to improve the efficiency and effectiveness of testing procedures.

• Lead or participate in special projects and department-wide initiatives that may arise to support compliance objectives, including effective challenge of regulatory exam issue remediation.

• 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.

• 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 and escalate potential risks in accordance with the Bank’s see something, suspect something, say something risk culture.

• 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.

Nature and Scope:

The position works under the direction of the Compliance Testing Manager with a high degree of autonomy and is required to exercise independent judgment and discretion utilizing a risk-based approach. The position collaborates extensively with (a) Corporate Compliance Portfolio Managers (PCMs) to gain an appropriate understanding of applicable state and regulatory requirements, (b) First Line Risk, Business Unit staff, and PCMs to understand workflows, processes, and controls, and (c) Internal Audit and the UDAAP Program Department as a resource for review and coordination of testing plans and methods. The position may also interact with Legal, external contacts including Bank Supervisors/Examiners, and peers at other institutions.

Education/Experience 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.

• Experience testing/auditing one or more of the following business lines: Mortgage, Consumer Lending, Business/Commercial Lending, Retail Deposits

• Working knowledge of one or more of following regulations: HMDA, FHA, CRA, Fair Lending, and UDAP/UDAAP

• 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 or Legal 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.

Education/Experience Preferred:

• Some familiarity with, and the ability to quickly learn, the organizations, operations, systems, and practices throughout all business units within M&T Bank Corporation.

• Related certifications (CPA, CIA, CISA, CAMS, CRCM or similar certifications)

• MBA or master’s degree in an appropriate field

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,104.04 - $141,840.07 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. The range listed above corresponds to our national pay range for this role. The specific pay range applicable to you may vary based on your location.

LocationClanton, Alabama, United States of America