Senior Compliance Manager Consumer Lending and Business Banking - (Remote)

Company: M&T Bank Corporation
Location: Buffalo
Posted on: March 15, 2023

Job Description:

Overview:Lead compliance risk management activities throughout the enterprise for Consumer Lending and Business Banking lines of business. The Senior Compliance Manager will help develop, implement, and execute strategy of the workflow and performance of personnel to ensure processes are completed in an accurate and timely manner.Primary Responsibilities:

• Manage the implementation of all new and changed regulations pertaining to the Consumer Lending and Business Banking Portfolios including, but not limited to (Truth in Lending Act (TILA), Fair Credit Reporting Act (FCRA), Equal Credit Opportunity Act (ECOA), Telephone Consumer Protection Act (TCPA), Unfair Deceptive Abusive Acts or Practices (UDAAP) as well as other applicable federal and state rules, regulations. and guidance.
• Prepare and present updates and communication to senior management on pertinent risk issues and regulatory change management topics.
• Manage relationships with Internal Audit, Compliance Risk Management, examiners, third party auditors and the Legal Department.
• Manage the analysis and interpretation of Federal and State laws, rules, requirements, and guidance in conjunction with Compliance Risk Management to ensure consistency and actions consistent with M&T's risk appetite.
• Assess and monitor regulatory environment as it relates to financial services industry actions, consent orders and enforcement actions.
• Support business line by providing technical compliance expertise in furthering business line initiatives, including the development and revamping of products, and resolving issues to ensure policies, procedures and controls result in material compliance.
• Manage the process of identifying corrective actions and formulating solutions that minimize the impact of identified compliance issues.
• Ensure all activities are appropriately vetted and approved by Compliance Risk Management, as appropriate.
• Oversee the integrity of current compliance policies and procedures by managing periodic operational risk/compliance reviews of the business line activities. - -Specific to Posting:
  • Expertise in Consumer Lending and Business Banking rules and regulations throughout the life of the products/services for both performing and non-performing loans including experience with Deposit and lending laws and regulations (B, D, E, H, V, X, Z, etc.) and regulatory guidance/issuances (CFPB Supervisory Highlights, industry Consent Orders, Enforcement Actions, Bulletins, etc.) and responsible banking laws including, but not limited to, -unfair, deceptive and abuse acts and practices (UDAAP) and fair lending laws.Supervisory/ Managerial Responsibilities:Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminationsExperience and Education Required: Bachelor's Degree in related field.10 - years' experience in compliance, legal, audit, risk or other relevant function,OR in lieu of degree,A combined minimum of 14 years higher education and/or work experience, including 10 years compliance, legal, audit, risk or other relevant functionMinimum of 5 years managerial or supervisory experienceLocationBuffalo, New York, United States of America

Keywords: M&T Bank Corporation, Buffalo , Senior Compliance Manager Consumer Lending and Business Banking - (Remote), Executive , Buffalo, New York