About The Position
The Compliance Testing Advisor manages, leads, and executes risk-based compliance testing engagements in accordance with department standards to help ensure the Bank complies with applicable laws, rules, and regulations. The role oversees and coaches team members to deliver quality work, supports enhancements to testing methodology, engages stakeholders, and promotes the Compliance Testing Group across the organization. Working under the direction of the Compliance Testing Manager, the Advisor exercises independent judgment and discretion. The role collaborates with Corporate Compliance subject matter deputies, business unit staff, and Internal Audit, and interacts with external contacts including Bank Supervisors/Examiners and peers at other institutions. It assists with oversight of Wealth Management, Institutional Services, and institutional broker-dealer testing involving applicable state, federal, domestic, and possibly international regulatory relationships and examinations. This hybrid position requires in-office work four days each week, with the possibility of one remote workday per week. It is based at an M&T Bank corporate office in Buffalo, NY; Wilmington, DE; Iselin, NJ; or possibly New York, NY.
Requirements
- Bachelor’s degree in a related field and six years of experience in compliance, legal, audit, risk, or another relevant function; alternatively, a combined minimum of 10 years of higher education and/or work experience, including six years in one of those relevant functions.
- Demonstrated coaching or leadership experience.
- Ability to read and understand laws, regulations, and common law applicable to the subject matter.
- Ability to exercise judgment and sound discretion and recognize when Corporate Compliance Management guidance is needed.
- Strong, comprehensive understanding of financial services functions.
- Ability to thrive in a collaborative, team-oriented environment.
- Strong interpersonal skills and ability to communicate effectively, orally and in writing, with mid-level management.
- Strong organizational and analytical skills.
- Regulatory subject matter expertise related to aspects of the portfolio.
- Strong proficiency with spreadsheet, presentation, and word processing software.
Nice To Haves
- Institutional Services and Wealth Management experience, especially compliance experience in these areas.
- Experience building compliance or audit test scripts.
- Related certification such as CPA, CIA, CISA, CAMS, CRCM, or similar.
- MBA or master’s degree in an appropriate field.
Responsibilities
- Independently interface with all levels of the organization to obtain information about processes and controls.
- Perform compliance testing in accordance with department and professional standards.
- Oversee the planning and execution of multiple simultaneous testing engagements across a defined portfolio.
- Ensure engagements meet established timeframes and escalate anticipated delays to senior management early.
- Draft and communicate substantive testing findings and control execution weaknesses to compliance and business unit management under a manager’s direction.
- Lead collaborative testing discussions with management and effectively challenge judgments and opinions.
- Review findings with testing management and compliance officers to confirm issue validity, and recommend appropriate issue tier ratings to the Senior Compliance Testing Manager.
- Work with business units and compliance groups to promote a consistent understanding of requirements.
- Perform system administration duties as needed, including maintaining, validating, or updating the Archer compliance data management system.
- Review team members’ work papers and provide feedback, coaching, and mentoring.
- Build working relationships with mid-level Internal Audit, Business Units, and Corporate Compliance Portfolio Managers.
- Encourage integrated testing approaches with the data and systems team and suggest ways to improve testing efficiency and effectiveness.
- Serve as a knowledge resource for staff and maintain working knowledge of regulatory requirements to support appropriate testing.
- Provide feedback on business unit process and control assessments and risk-focused testing approaches.
- Independently document and assess test scripts at all levels.
- Participate in special projects and department-wide initiatives as needed.
- Multitask assignments and meet established deadlines.
- Adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with its Risk Appetite.
- Identify risk-related findings that need escalation to a Manager.
- Promote an environment that supports diversity and reflects the M&T Bank brand.
- Maintain internal control standards, including timely implementation of internal and external audit points and applicable issues raised by external regulators.
- Complete other related duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
