Compliance Consultant - Fair Lending

Overview:

Function autonomously while executing the compliance strategy and advancing the Compliance Risk Management and Fair & Responsible Banking Programs. Provide guidance on complex compliance risk management activities as it relates to Fair & Responsible Banking. Positively influence and collaborate across the Bank with respect to Fair & Responsible Banking job responsibilities.

Primary Responsibilities:

• Serve as a Fair Lending subject matter expert by understanding how potential Fair Lending risk manifests itself within the Bank's various lines of business and advising accordingly.

• Maintain a general understanding of the laws, rules and regulations with which the business and/or CRM must comply and an awareness of issues of recent regulatory focus.

• With limited management guidance, consult with business units on compliance matters.

• Liaison with CRM departments as appropriate in the execution of CRM program components.

• Assist in the development and/or delivery of training to support employees in fulfilling their compliance responsibilities.

• Identify and evaluate controls that are in place that are designed to mitigate risk of non-compliance.

• Identify, measure, and escalate Fair Banking compliance risk issues timely to leadership and the lines of business, as well as the 1st and 2nd Lines of Defense, as necessary.

• May assess compliance issues presented through new/revised product and service offerings and work closely with lines of business to plan a response.

• Assist with development and implementation of compliance policies and procedures.

• Escalate material compliance risks to Compliance Managers, as appropriate.

• Under management guidance, work with business units and/or CRM to design a plan for timely and effective resolution of issues identified through monitoring and testing.

• Ensure business units and/or CRM have appropriate monitoring mechanisms in place to identify compliance risks. Identify gaps where additional monitoring mechanisms may need to be implemented.

• May assist in Risk Assessment to identify compliance risk exposure and help the organization prioritize compliance risks.

Specific to Posting:

• This position works under limited management guidance of the Compliance Manager and is required to exercise independent judgment and discretion.

• This position has substantial contact with internal departments and positions within M&T Bank Corporation and its subsidiaries, including Legal and members of middle and senior management.

• 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

• Risk evaluation: review policy, procedure, products, services, systems for potential fair lending risk and write a Qualitative Fair Lending Review to include conclusions on the fair lending risks evaluated.

• Regulatory Updates: Review, Interpret, and advise on regulatory updates that are identified.

• Marketing Campaign Review: Advise the Marketing Compliance Team on Fair Lending risks and review marketing campaign criteria.

• Complaint Dispositioning: Review and disposition complaints where discrimination is alleged for trending analysis.

• Proficient in software utilized by the department, including Archer and SharePoint

• Effective project management skills

• 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

• Testing and Project Management: All CRM testing functions as well as enterprise testing support to other departments

Experience and Education Required:

• Bachelor's Degree in related field.

• 5 years' experience in compliance, legal, audit, risk or other relevant function

• OR in lieu of degree, A combined minimum 9 years higher education and/or work experience, including minimum 5 years in compliance, legal, audit, risk or other relevant function

Location

Clanton, Alabama, United States of America

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer, including disabilities and veterans.