Compliance Testing Manager II - Consumer Lending (Remote)

Overview:

The Compliance Testing Manager II – Consumer Lending role is responsible for the managing and leading of compliance testing engagements utilizing a risk-based approach in line with department standards to ensure the Bank’s compliance with applicable laws, rules & regulations aligned to M&T’s Consumer Lending portfolio including Direct, Indirect, Credit Card, HELOC, and Overdraft Line of Credit. The Compliance Testing Manager II will also be responsible for contributing to special projects occurring within CTG which may entail designing and executing unique approaches to testing and risk management.   The role is also responsible for the oversight and coaching of team members to deliver a quality product in line with department standards. As a member of the Compliance Testing Group Management Team, this leadership role supports the development of the annual testing plan, continued enhancements to testing methodology, ongoing stakeholder engagement, talent management, and overall promotion of the Compliance Testing Group within the organization. This position requires interaction with senior levels of management. 

Position Responsibilities:

• Interface with all levels of management, including senior management, on all aspects of compliance testing.
• Ensure compliance testing is executed in accordance with department and professional standards.
• Lead a team that specifically conducts periodic business unit compliance control identification and testing of identified controls.
• Manage all phases of testing, including multiple simultaneous testing engagements, ensuring that testing engagements are completed within established timeframes and/or provide early escalation to anticipated delays to management.
• Lead special projects that may arise to support compliance objectives. 
• Support the annual risk assessment and testing plan development processes to determine testing coverage. 
• Review and communicate substantive testing findings and control execution weaknesses to all levels of compliance and business unit management.
• Lead and moderate collaborative testing team discussions with all levels of management where judgment and opinions are effectively challenged.
• Review and finalize tiering of test findings prior to communication to respective impacted and interested parties.
• Lead or moderate discussions with business units and compliance groups to ensure consistent understanding of requirements.
• Responsibilities may also include system administrative duties such as maintenance, validation, and/or updating in the compliance data management system (Archer).
• Review Planning, Test Scoping and Execution and Reporting for each respective testable unit, and provide related feedback, coaching, and mentoring.
• Build a strong working relationship with senior level Internal Audit, Business Units, and Corporate Compliance Portfolio Managers.
• Encourage integrated testing approaches with the data & systems team and make suggestions on testing approaches to improve the efficiency and effectiveness of testing procedures. 
• Serve as knowledge resource for all staff.
• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.
• Oversee a team of Analysts with responsibility for conducting periodic business unit compliance testing. This includes the identification and testing of applicable processes and controls that support compliance with applicable laws, rules, and regulations.
• Provide advisory and consulting services to Bank Management on risk and control matters.
• Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite.  Identify risk-related findings needing escalation to a manager.
• 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.
• Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations.

Nature and Scope:

The position works under general supervision of the Sr. Compliance Testing Manager and is required to exercise independent judgment and discretion.

The position collaborates extensively with (a) Corporate Compliance subject matter deputies (PCMs) to gain an appropriate understanding of applicable regulatory requirements, (b) business unit staff and PCMs to understand workflows and processes, and (c) Internal Audit as a resource for review and coordination of testing plans and methods. The position interacts with external contacts including Bank Supervisors/Examiners, attorneys, and peers at other institutions. Builds strong partnerships with business stakeholders and other compliance team members.

Supervisory Responsibilities:

Manage a team of testing analysts and leads, providing training, coaching and developmental opportunities as well as performance management, compensation planning and other similar managerial duties.

Education and Experience Required:

• Bachelor’s degree preferably in Accounting, Business, Finance, Mathematics, Statistics or other related field and a minimum of 8 years relevant work experience (Compliance, Audit or Risk Management), inclusive of 4 years' supervisory experience, OR in lieu of a degree, a combined minimum of 12 years’ higher education and/or work experience, including a minimum of 8 years' relevant work experience and 3 years' supervisory experience.
• Demonstrated leadership and coaching experience.
• Ability to read and understand laws, regulations, and common law applicable to subject matter.
• Ability to thrive in a collaborative, team-oriented environment.
• Must have banking and compliance knowledge, the ability to exercise sound judgment, and to observe the highest degree of confidentiality in the handling of information received in the course of their responsibilities.
• Sound understanding of financial services functions.
• Possess regulatory subject matter expertise for the respective portfolio being managed.
• Strong interpersonal skills, with the ability to effectively communicate both orally and in writing to senior level management with an approachable style.
• Possess strong project management skills, making sound decisions, and exhibiting initiative and critical thinking.
• Strong proficiency with spreadsheet, presentation, and word processing software.
• Possess effective negotiation skills.
• Demonstrated knowledge of testing techniques, processes, and methodology
• Demonstrates political astuteness and sensitivity to cultural diversity

Education and 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.
• Skill to diplomatically deal with and respond to requests from bank examiners.
• Related certifications (CPA, CIA, CISA, CAMS, CRCM or similar certifications)
• Some familiarity with, and the ability to quickly learn, the organizations, operations, systems, and practices throughout Consumer Lending businesses within M&T Bank Corporation.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $100,611.94 - $167,686.57 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