Compliance Consultant - Compliance Marketing & ICP Reviews

Overview:

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. 

Primary Responsibilities:

• 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
• 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
• - Enterprise:  Laws and rules that apply across the enterprise, such as privacy rules, FCRA, and TCPA, 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 $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