Overview:
Provide guidance on complex compliance risk management activities in assigned area of responsibility. Execute the compliance strategy and assist in identifying compliance risk exposure and help the organization prioritize compliance risks.
Primary Responsibilities:
- Drive issues management lifecycle through facilitation of senior compliance leaders’ review and awareness of compliance risk issues.
- Consult with senior managers of business units and/or CRM senior managers on complex compliance matters.
- Own critical reporting efforts within CRM, including analyzing compliance risk data for trends and emerging risks, synthesizing qualitative information related to issues and findings, developing KRIs/KPIs and metrics, and producing succinct and actionable reports for compliance leaders.
- Proactively identify and drive efforts to increase process efficiency and effectiveness of compliance risk reporting.
- May assist in oversight of state, federal, domestic and possibly international regulator relationships and examinations including the Federal Reserve, OCC, SEC, DOL, FINRA, CFPB, State of New York, and/or the State of Delaware, as applicable.
- Evaluate the effectiveness of existing processes and recommend new ones that most effectively anticipate, manage, and reduce risk to the business.
- Consult with managers of business units on compliance matters.
- Provide timely and thoughtful regulatory expertise in response to business initiatives, line of business guidance requests, internal and external audits, and regulatory examinations.
- Ensure compliance with existing processes and procedures and recommend new ones that most effectively anticipate, manage, and reduce risk to the business.
- Assist in development and communicate recommendations that support adherence to regulations, industry best practices and/or the CRM program.
- Maintain a thorough knowledge and 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.
- Develop and/or deliver training to support employees in fulfilling their compliance responsibilities.
- Escalate and measure compliance risk issues to leadership and the lines of business, as well as the 1st and 2nd Lines of Defense, as necessary.
- Liaison with CRM departments as appropriate in the execution of CRM program components.
- Assist in Risk Assessment to identify compliance risk exposure and help the organization prioritize compliance risks.
- Assess compliance issues presented through new/revised product and service offerings and work closely with lines of business to plan a response.
- Work with business units and/or CRM to design a plan for timely and effective resolution of complex issues identified through monitoring and testing.
- May interact with State and Federal Regulatory Agencies, numerous risk and executive management, lines of business, and support organizations such as Internal Audit and Legal on an ongoing and regular basis to ensure the enterprise is operating within the Board-mandated compliance risk tolerance.
Specific to Posting:
Preferred experience in one or more of the following areas of compliance is desired:
- Fair and 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
- Global Fiduciary Risk: Wealth and investment laws and regulations
- Core banking: Deposit and lending laws and regulations (B, D, E, H, X, Z, etc.) and regulatory guidance (AMPTA, Subprime guidance, etc.)
- Testing and Project Management: All CRM testing functions as well as enterprise testing support to other departments
- Enterprise: Laws and rules that apply across the enterprise, such as privacy rules, FCRA, TCPA, Reg W, the Volcker Rule, Reg O, etc.
- BSA/AML & OFAC: Laws and rules that apply to BSA/AML/Sanctions program including Customer Due Diligence, suspicious activity, OFAC and regulatory reporting.
Education and 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
Education and Experience Preferred:
- Bachelor’s degree in Finance, Economics, Math, Accounting, Engineering, or Business Administration; Master’s degree in Business Administration (MBA) or advanced degree
- Minimum of 6 years’ relevant work experience
- Banking/financial industry experience
- Six Sigma, Lean or Process Improvement, or project management-related education
- Experience with financial, regulatory and/or process analysis, and technical writing
- Curious and innovative
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
What We Do
Waste Connections, Inc. is an integrated solid waste services company that provides waste collection, transfer, disposal and recycling services in mostly exclusive and secondary markets in the U.S. and Canada. Through its R360 Environmental Solutions subsidiary, the Company is also a leading provider of non-hazardous oilfield waste treatment, recovery and disposal services in several of the most active natural resource producing areas in the United States, including the Permian, Bakken and Eagle Ford Basins. Waste Connections serves more than six million residential, commercial, industrial, and exploration and production customers from a network of operations in 39 states, six provinces and the District of Columbia. The Company also provides intermodal services for the movement of cargo and solid waste containers in the Pacific Northwest.
Our corporate strategy targets secondary and suburban markets that have strong demographic growth trends and where competitive barriers to entry can be developed. We seek to avoid highly competitive, large urban markets and target markets where we can provide either non-integrated or integrated solid waste services under exclusive arrangements, or markets where we can be integrated and attain high market share. We are a leading provider of solid waste services in most of our markets, and approximately 50% of our revenues are derived from market areas where we have franchise or exclusive rights to provide our waste services.
