M&T Bank Compliance Consultant - Marketing & ICP Reviews (Remote) in Abilene, Kansas
Responsible for reviewing and opining on marketing materials and incentive compensation plans (ICP) from a regulatory perspective and providing feedback and formal compliance approval as necessary. Provide guidance and support as it relates to the company’s marketing and ICP functions to ensure adherence to related laws, regulations as well as bank policies and procedures.
Identify and assess compliance risk on marketing materials from all business lines submitted for review and approval; meet established SLAs
Responsible for assisting with the continued development of a robust marketing review compliance program, to include regulatory change management, business unit monitoring and build-out of business line controls
Assist with development of policies, standards and procedures designed to achieve compliance with applicable marketing requirements and standards; may also include the review and approval of policies/procedures across various marketing areas to facilitate consistent development and documentation of the same
Maintain a working knowledge and understanding of laws, rules, and industry trends, which the business and/or Compliance Risk Management (CRM) must comply and an awareness of issues of recent regulatory focus
Provide day-to-day compliance support to include researching regulatory issues, documenting analysis, and responding in a consistent and timely manner to compliance questions
Monitor business activities to identify the potential exposure of regulatory risks, and work with the marketing areas and other support functions to implement measures to prevent, eliminate, manage, or mitigate those risks
Collaborate with business units to create action plans to remediate gaps and track the status of action plans
Identify, measure, and escalate compliance risk issues to the Compliance Manager and/or the LOBs as necessary
Understand and adhere to the company’s risk and regulatory policies, standards, and controls in accordance with the Board-approved risk appetite. Identify risk-related issues needing escalation to management
Promote an environment that supports diversity and reflects the M&T Bank brand
Complete other related duties as assigned
Specific to Posting:
This position works under minimal supervision of the Compliance Manager and is required to exercise independent judgment and discretion.
Working knowledge of marketing-related banking laws, regulations, and industry guidance
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
- Core banking: Deposit and lending laws and regulations (B, D, E, H, X, Z, etc.) and regulatory guidance (Alternative Mortgage Transaction Parity Act (AMTPA), Subprime guidance, etc.)
- Enterprise: Laws and rules that apply across the enterprise, such as privacy rules, FCRA, TCPA, Reg W, the Volcker Rule, Reg O, etc.
Education and Experience Required:
Bachelor’s Degree in related field
6 years’ experience in compliance, legal, audit 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
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $69,889.05 - $116,481.75 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.
Abilene, Kansas, United States of America
M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.