Compliance Testing Advisor - Institutional Services and Wealth Management (ISWM) - Hybrid (see potential locations in job description)

M&T Bank•Iselin, NJ

10d•$89,600 - $149,300•Hybrid

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, 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 to understand requirements, workflows, processes, and testing approaches. It may also interact with bank supervisors, examiners, and peers at other institutions. The position assists with oversight of Wealth Management, Institutional Services, and institutional broker-dealer testing involving state, federal, domestic, and potentially international regulatory relationships and examinations. The position is hybrid, requiring four days in the office each week and allowing one remote-work day. 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 at least 6 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 6 years in a relevant function.
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 work effectively 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 certifications such as CPA, CIA, CISA, CAMS, CRCM, or similar.
MBA or a master’s degree in an appropriate field.

Responsibilities

Interface independently 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 testing, including multiple simultaneous engagements across a defined testing portfolio.
Ensure testing 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 at all levels and effectively challenge judgments and opinions.
Review test findings with testing management and other compliance officers to confirm their validity, and recommend appropriate issue tier ratings to the Senior Compliance Testing Manager.
Work with business units and compliance groups to support a consistent understanding of requirements.
Perform system administrative 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 unit staff, and Corporate Compliance Portfolio Managers.
Encourage integrated testing with the data and systems team and suggest approaches to improve testing efficiency and effectiveness.
Serve as a knowledge resource for staff.
Maintain working knowledge of regulatory requirements to support appropriate testing.
Provide feedback to team members 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.
Manage multiple assignments and meet established deadlines.
Follow company risk and regulatory standards, policies, controls, and Risk Appetite; identify risk-related findings requiring 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 and applicable issues raised by external regulators.
Complete other related duties as assigned.
Assist with oversight of testing related to regulatory relationships and examinations involving the Federal Reserve, OCC, SEC, DOL, FINRA, CFPB, and the States of New York and/or Delaware, as applicable.