Overview:

Function autonomously while executing the compliance strategy and advancing the Compliance Risk Management and Fair & Responsible Banking Programs. Provide guidance on complex compliance risk management activities as it relates to Fair & Responsible Banking. Positively influence and collaborate across the Bank with respect to Fair & Responsible Banking job responsibilities.

Primary Responsibilities:

• Serve as a Fair Lending subject matter expert by understanding how potential Fair Lending risk manifests itself within the Bank’s various lines of business and advising accordingly.
  • Maintain a general 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.
  • With limited management guidance, consult with business units on compliance matters.
  • Liaison with CRM departments as appropriate in the execution of CRM program components.
  • Assist in the development and/or delivery of training to support employees in fulfilling their compliance responsibilities.
  • Identify and evaluate controls that are in place that are designed to mitigate risk of non-compliance.
• Identify, measure, and escalate Fair Banking compliance risk issues timely to leadership and the lines of business, as well as the 1st and 2nd Lines of Defense, as necessary.
  • May assess compliance issues presented through new/revised product and service offerings and work closely with lines of business to plan a response.
  • Assist with development and implementation of compliance policies and procedures.
  • Escalate material compliance risks to Compliance Managers, as appropriate.
  • Under management guidance, work with business units and/or CRM to design a plan for timely and effective resolution of issues identified through monitoring and testing.
  • Ensure business units and/or CRM have appropriate monitoring mechanisms in place to identify compliance risks.  Identify gaps where additional monitoring mechanisms may need to be implemented.
  • May assist in Risk Assessment to identify compliance risk exposure and help the organization prioritize compliance risks.

Specific to Posting:

• This position works under limited management guidance of the Compliance Manager and is required to exercise independent judgment and discretion. 
• This position has substantial contact with internal departments and positions within M&T Bank Corporation and its subsidiaries, including Legal and members of middle and senior management.
• Responsible banking: Fair lending laws and regulation (federal and state); unfair, deceptive and abuse acts and practices (UDAAP), Home Mortgage Disclosure Act, etc.
• Governance: Issues management, examination management, reporting, risk assessment, quality control and assurance, budgeting, technology solutions, compliance training
• Risk evaluation: review policy, procedure, products, services, systems for potential fair lending risk and write a Qualitative Fair Lending Review to include conclusions on the fair lending risks evaluated.
• Regulatory Updates: Review, Interpret, and advise on regulatory updates that are identified.
• Marketing Campaign Review: Advise the Marketing Compliance Team on Fair Lending risks and review marketing campaign criteria.
• Complaint Dispositioning: Review and disposition complaints where discrimination is alleged for trending analysis.
• Proficient in software utilized by the department, including Archer and SharePoint
• Effective project management skills
• Responsible banking:  Fair lending laws and regulation (federal and state); unfair, deceptive and abuse acts and practices (UDAAP), Home Mortgage Disclosure Act, etc.  
• Governance: Issues management, examination management, reporting, risk assessment, quality control and assurance, budgeting, technology solutions, compliance training
• Testing and Project Management: All CRM testing functions as well as enterprise testing support to other departments

Experience and Education Required:

• Bachelor's Degree in related field.
• 5 years’ experience in compliance, legal, audit, risk or other relevant function
  • OR in lieu of degree, A combined minimum 9 years higher education and/or work experience, including minimum 5 years in compliance, legal, audit, risk or other relevant function

Location

Clanton, Alabama, United States of America