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Finance - Banking Attorney in Buffalo, NY

The M&T Bank Nov 20,2017 Jul 11,2017 Location USA Buffalo NY
This job is expired...

In-House

Attorney

Finance - Banking

Min 5 yrs required

Profile

Deputy Compliance Officer-Centralized Compliance The candidate will be responsible for oversight compliance with respect to laws and regulations applicable to subject matter business activities of the bank. Subject matter business activities can include: Deposits, Lending, Fiduciary, Broker Dealer, Insurance, Investment Advisor, Administrative Support or combinations thereof. Interact with business unit compliance personnel and senior management to ensure compliance with laws and regulations. Will advice and assistance of Counsel, identifies and risk ranks laws and regulations applicable to the subject matter business activities for which the position is responsible. Uses internet and other means to remain current on legal and regulatory requirements and, in cooperation with Counsel's Office, disseminates to business unit compliance coordinators and senior and middle management within assigned subject matter businesses any changes and/or new regulatory guidance with regard to applicable laws, regulations and common law. Provides guidance and oversight to business unit compliance coordinators and senior and middle management within assigned subject matter businesses to perform, maintain and periodically review and update a risk-based, sub-categorization of products and services offered by the business lines organized according to the applicable laws and regulations that impact them. Provides guidance and oversight to business units compliance coordinators and senior and middle management within assigned subject matter business to develop, design and document policies and control procedures requiring a working knowledge and understanding of laws, common law and regulations applicable to the subject matter. While the principal responsibility for the development of procedures rests with the business line and the position serves as a subject matter expert / advisor to the business line and also functions to review and approve of policies to facilitate consistent development and documentation of policies and procedures across multiple business lines. Develops the curriculum and training materials for employees concerning underlying legal and regulatory requirements with which assigned business units must comply. This requires a working knowledge and understanding of laws, common law and regulations applicable to the subject matter. Also provides guidance and oversight to business units compliance coordinators and senior and middle management within assigned subject matter business on the development of curriculum and training materials concerning the specific policies and control procedures used within the business line to assure compliance. Test Plans. Provides guidance to the Deputy Compliance Testing Officer, the business unit compliance coordinators and senior and middle management within assigned subject matter businesses with regard to development of test plans to assure compliance with laws and regulations. Also, along with the Deputy Compliance Testing Officer provides oversight over business unit compliance coordinators in the implementation of test plans. Provide direction to Corporate Compliance Specialists with specific subject matter expertise concerning specific laws, regulations and common law that are dedicated to particular business lines. Exercise managerial authority over staff with respect to hiring, staffing, salary recommendations, performance management, employee development, and termination.

Qualification and Experience

The candidate should have Bachelors' degree or the equivalent in work experience with a minimum 7+ years of banking / compliance or other relevant experience. Or a juris doctorate and 5+ years with relevant banking / financial experience. 3-5 years supervisory experience. Proficient personal computer skills to include spreadsheet, word processing and database systems is required. Must have ability to use internet to access and download regulatory compliance information available on government websites. Must have knowledge of organizations, operations, systems and practices within subject matter business units. Must have ability to read and understand laws, regulations and common law applicable to subject matter.

Additional info

Ref 3DDRU

Company info