Senior Consumer and Operational Compliance Risk Specialist

Posted 2 Days Ago
Be an Early Applicant
Buffalo, NY, USA
In-Office
90K-149K Annually
Senior level
Fintech
The Role
Provides operational regulatory compliance and risk management guidance to business units. Responsibilities include interpreting federal and state regulations, supporting governance and compliance processes, conducting monitoring and testing, maintaining policies and controls, preparing examination materials, managing regulatory change, advising on business initiatives, presenting to management, and escalating issues. The role requires collaboration with Compliance Risk Management, Legal, and Regulatory Affairs while driving continuous improvement and internal control effectiveness.
Summary Generated by Built In

This role is four days onsite at our Seneca One Buffalo, NY location, with the flexibility to work from home one day per week

Overview:

Provide guidance on complex operational regulatory compliance risk management activities to first line operations teams to include production of materials for both internal and external exams, supporting the Bank’s governance, risk, and compliance processes for identifying, assessing, and translating applicable regulatory requirements into business practices, governance documentation, and internal controls, provide expertise and support for the business line, performing monitoring, and/or testing. Analyze various State and Federal regulations to determine the relevance to business lines.  Leverage risk management tools to enhance the organization’s risk awareness in order to facilitate improved decisions.

Primary Responsibilities:
  • Serve as a primary consultant with managers of business units on business compliance matters
  • Maintain current knowledge of applicable laws, regulations, regulatory guidance, and supervisory expectations relevant to assigned areas of responsibility, including federal and state financial operational regulatory requirements (e.g., Internal Revenue Code, Treasury Regulations, unclaimed property regulations)
  • Manage the analysis and interpretation of Federal and State laws and regulations in conjunction with Compliance Risk Management and Legal to ensure consistency and actions consistent with M&T's risk appetite
  • Apply governance, risk, and compliance concepts, practices, and procedures including regulatory change management, risk and compliance assessments, and the development and maintenance of governance documentation
  • 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.
  • Ensure all activities are appropriately vetted and approved by Compliance Risk Management, Legal, and Regulatory Affairs, as appropriate.
  • Oversee the integrity of current compliance policies and procedures by managing periodic operational risk/compliance reviews of the business line activities. 
  • Prepare and present updates and communication to various levels of management.
  • Escalate issues to management as appropriate
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Identify opportunities for continuous improvement and develop recommendations for management on strategies to enhance process efficiency, effectiveness, and sustainability. 
  • Promote an environment that supports belonging 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.
Scope of Responsibilities:Managerial/Supervisory Responsibilities:

May provide work leadership

Education and Experience Required:

Bachelor’s degree or equivalent work experience.

Minimum five years’ relevant industry experience, to include one year of compliance experience. Demonstrated knowledge of risk management strategies and the financial industry  

Education and Experience Preferred:
  • Juris Doctor (J.D.) preferred
  • Thorough technical operational risk/compliance knowledge.
  • Strong project management skills.
  • Strong and proven ability to integrate sound compliance controls into business plans.
  • Strong analytical abilities and problem solving skills
  • Ability to work well with all levels of management. Must possess self-motivation and organizational skills.
  • Four years’ supervisory / work leadership experience preferred.
  • Excellent written and verbal communication skills.
  • Attention to detail.                                                       
  • Four years’ departmental experience preferred. 
  • Solid working knowledge of personal computers and software utilized by the Division. 

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $89,600.00 - $149,300.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

LocationBuffalo, New York, United States of America

Skills Required

  • Bachelor's degree or equivalent work experience
  • Minimum five years of relevant industry experience
  • At least one year of compliance experience
  • Demonstrated knowledge of risk management strategies
  • Demonstrated knowledge of the financial industry
  • Juris Doctor degree
  • Thorough technical operational risk and compliance knowledge
  • Strong project management skills
  • Ability to integrate compliance controls into business plans
  • Strong analytical and problem-solving skills
  • Ability to work effectively with all levels of management
  • Self-motivation and organizational skills
  • Four years of supervisory or work leadership experience
  • Excellent written and verbal communication skills
  • Attention to detail
  • Four years of departmental experience
  • Working knowledge of personal computers and division software

M&T Bank Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about M&T Bank and has not been reviewed or approved by M&T Bank.

  • Retirement Support Retirement benefits are positioned as a strong pillar, including a 401(k) match and the possibility of an additional employer contribution, plus access to an employee stock purchase plan.
  • Leave & Time Off Breadth Time-off offerings are framed as competitive, with a flexible PTO approach and paid volunteer time called out as a meaningful add-on to standard leave.
  • Wellbeing & Lifestyle Benefits Wellbeing support appears comparatively robust, highlighted by mental-health therapy/coaching sessions and broader wellness programming alongside community-oriented perks.

M&T Bank Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Buffalo, NY
21,590 Employees
Year Founded: 1856

What We Do

M&T Bank is a multi-state community-focused bank serving New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and Washington, D.C. Founded in 1856, the company provides banking, investment, insurance and mortgage financial services to more than 3.6 million consumer, business and government clients.

Similar Jobs

Canoe Logo Canoe

Director Of Engineering

Artificial Intelligence • Fintech • Information Technology • Machine Learning • Financial Services
Hybrid
New York City, NY, USA
180 Employees
200K-230K Annually

MetLife Logo MetLife

Actuarial Intern

Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
Hybrid
New York, NY, USA
43000 Employees
28-35 Hourly

Wells Fargo Logo Wells Fargo

Personal Banker Cold Spring

Fintech • Financial Services
Hybrid
Cold Spring, NY, USA
205000 Employees
23-31 Hourly
Hybrid
New York, NY, USA
205000 Employees
215K-355K Annually

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Kepler  Thumbnail
Artificial Intelligence • Fintech • Software
New York, New York
9 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account