Strategic Initiatives Lead (Remote)
Remote, USA
Overview:
Works closely with senior managers within Compliance Risk Management (CRM) to manage key initiatives, including supporting critical Division/Department cross-functional projects related to strategic objectives of the Bank, improving risk management and ensuring efficiency and sustainability of core processes and positioning the Bank to meet evolving regulatory expectations. Leads department, division, or cross-functional initiatives.
Primary Responsibilities:
- Own critical reporting efforts within CRM, including developing KRIs/KPIs and metrics, analyzing compliance risk data for trends and emerging risks, synthesizing qualitative information related to issues and findings, and producing succinct and actionable reports for compliance leaders.
- Proactively identify and drive efforts to increase process efficiency and effectiveness of compliance risk reporting.
- Consult with senior managers of business units and/or CRM senior managers on complex compliance matters.
- 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.
- Lead efforts to define scope/approach for department initiatives. Direct and monitor resources. May be responsible on an individual basis for directing complex, critical, and highly visible projects for the division.
- Provide analytical expertise to support initiatives that may include planning, design and analysis of results, presenting content at various governance functions, development of comprehensive content and materials, analysis of complex data sets, or analysis/optimization of data structures.
- Consider stakeholder perspectives, address objections, help develop solutions, and drive action. Interact with senior management (internal/external) to obtain pertinent information.
- 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 issues needing escalation to management.
- 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.
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 and a minimum of 5 years’ relevant work experience, or in lieu of a degree, a combined minimum of 9 years’ higher education and/or work experience, including a minimum of 5 years’ relevant work experience
- Strong attention to detail
- Strong ability to lead teams
- Excellent project management skills
- Strong analytical ability
- Creative problem-solving skills
- Excellent interpersonal skills necessary for business partner relationships within and outside the organization
- Strong written and verbal communication skills
- Ability to communicate professionally at many different levels
- Self-motivated
- Results-driven
- Well-organized
- Ability to handle multiple tasks and work under time constraints in support of various assignments
- Proficient with personal computers and pertinent spreadsheet, database, graphing, and presentation software
Education and Experience Preferred:
- Bachelors’ 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
Job Profile
- Analyze compliance risk data
- Consult on compliance matters
- Develop KPIs
- Direct resources
- Due diligence
- Evaluate processes
- Identify risk-related issues
- Lead department initiatives
- Lead teams
- Manage key initiatives
- Produce reports
- Risk Assessment
- Support governance functions
AML Analytical Analytical Expertise Audit Audit compliance Banking Regulations BSA BSA/AML Budgeting Communication Compliance Compliance Risk Management CRM Testing Customer Due Diligence Data analysis Data synthesis Due Diligence Examination management Fair Lending FCRA Governance Graphing Guidance Interpersonal Issues management KPI development OFAC Presentation Presentation software Problem-solving Process Analysis Process Efficiency Process Improvement Project Management Quality Control Regulatory Compliance Regulatory Guidance Regulatory reporting Regulatory standards Reporting Risk Assessment Risk Management Stakeholder management Suspicious activity TCPA Technical Writing Technology solutions UDAAP Verbal Writing
Experience5 years
EducationAccounting Advanced degree Bachelor Bachelor's degree Business Business Administration Economics Engineering Finance Higher Education Master Math MBA Technology
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9