Senior Compliance Testing Analyst - Consumer Protection

Overview:

The Senior Compliance Testing Analyst is responsible for executing compliance testing and issue validations utilizing a risk-based approach to ensure the Bank’s compliance with consumer protection related laws, rules, and regulations, such as Fair Lending/Fair & Responsible Banking, UDAP/UDAAP, HMDA, and CRA. These responsibilities may also include leading and planning the execution of testing engagements, reporting, as well as the oversight and coaching of team members to deliver a quality product in line with department standards.

Position Responsibilities:

· Interface with all layers of the organization predominantly independently to obtain information related to processes and controls.

· Lead collaborative testing team discussions with all levels of management where judgment and opinions are effectively challenged.

· Assess business unit process and controls under minimal direction, or independently, and provide risk focused input on effectiveness and efficiency of testing approach.

· Perform compliance testing and issue validation in accordance with department and industry standards.

· Specific compliance testing responsibilities include the planning and execution of control and substantive testing, assistance in the review of testing, and evaluation of results to determine if control weaknesses or testing exceptions exist.

· Review work papers of team members and provide related feedback, coaching, and mentoring.

· Encourage integrated testing approaches with the data & analytics team and make suggestions on testing approaches to improve the efficiency and effectiveness of testing procedures.

· Organize and complete work within established timeframes predominantly independently while periodically providing status updates to management.

· Draft substantive testing findings and control execution weaknesses under the direction of a Manager.

· Review test findings with testing management and other compliance officers to confirm validity of issues; make recommendations to Compliance Testing Manager regarding the appropriate tier rating of identified issues.

· Work with business units and compliance groups to ensure consistent understanding of state and regulatory requirements.

· Responsibilities may also include system administrative duties such as maintenance, validation, and/or updating in the compliance data management system (Archer).

· Build a working relationship with line-level Internal Audit, Legal, Business Units, First Line Risk personnel, and Corporate Compliance Portfolio Managers.

· Serve as knowledge resource for team members.

· Maintain a strong working knowledge of regulatory requirements to perform and ensure an appropriate level of testing.

· Independently document and assess all levels of test scripts.

· Participate in special projects and department-wide initiatives, as necessary.

· Multitask assignments and meet established deadlines.

· Understand and adhere to the Company’s risk and regulatory standards, policies, and controls in accordance with the Company’s Risk Appetite.

· Identify and escalate potential risks in accordance with the Bank’s see something, suspect something, say something risk culture.

· 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.

Nature and Scope:

The position works under the direction of the Compliance Testing Manager and is required to exercise independent judgment and discretion utilizing a risk-based approach.

The position collaborates extensively with (a) Corporate Compliance Portfolio Managers (PCMs) to gain an appropriate understanding of applicable state and regulatory requirements, (b) First Line Risk, Business Unit staff and PCMs to understand workflows, processes, and controls, and (c) Internal Audit and the UDAAP Program Department as a resource for review and coordination of testing plans and methods.

Supervisory Responsibilities:

None.

Education/Experience Required:

· Bachelor’s degree in a business-related curriculum and a minimum of 4 years' relevant work experience (Compliance, Audit, Business, Finance, Technology, Computer Science, or Risk Management),

· OR in lieu of a degree,

· A combined minimum of 8 years’ higher education and/or work experience including 4 years' relevant work experience.

· Experience testing/auditing one or more of the following business lines: Mortgage, Consumer Lending, Business/Commercial Lending, Retail Deposits

· Demonstrated coaching experience.

· Ability to read and understand laws, regulations, and common law applicable to subject matter.

· Ability to exercise judgment and sound discretion and understand when Corporate Compliance Management guidance is needed.

· Ability to thrive in a collaborative, team-oriented environment.

· Strong interpersonal skills, having the ability to effectively communicate both orally and in writing to line-level management.

· Strong organizational and analytical skills.

· Strong proficiency with personal computers as well as pertinent software packages.

Education/Experience Preferred:

· Working knowledge of HMDA, FHA, CRA, Fair Lending, and/or UDAP/UDAAP principles

· Related certifications (CPA, CIA, CISA, CAMS, CRCM or similar certification)

· MBA or master’s degree in an appropriate field.

· Comprehensive understanding of financial services functions

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $71,985.72 - $119,976.20 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