Overview:

This position resides on the Regulatory Remediation Management team within Regulatory Affairs Department.

The responsibilities of regulatory affairs include:

Regulatory compliance guidance: Ensuring that bank products and services meet relevant laws and regulations. This includes providing guidance to departments and project teams on regulatory matters. Regulatory agency communication: Preparing and submitting applications, reports, and correspondence to regulatory agencies. This may also include responding to regulatory agencies about issues and preparing documentation for regulatory agencies.Regulatory policies: Developing and implementing policies and procedures to ensure compliance.Regulatory strategies: Developing strategies for regulatory compliance, examinations, and remediations.Regulatory knowledge: Staying current on relevant regulations, including proposed and final rules. Remediation Management: Regulatory Affairs is assigned as the controlling area for any supervisory findings across the organization and ensures that remediation owners and other stakeholders remediate such findings timely and completely.

This position will manage a portfolio of remediation efforts resulting from bank regulatory findings. The remediation advisor is an expert in the established firmwide processes for executing the full lifecycle of remediation and will apply that expertise to guiding remediation efforts to successful outcomes. They will work in close partnership with the finding owner and other stakeholders during the stages of the remediation lifecycle, from issuance to formal closure. This position also will leverage an understanding of supervisors and their expectations to assist finding owners in ensuring remediation efforts, evidence and support for closure are consistent with expectations. Finally, this position will provide finding owners with project management assistance during remediation including any monitoring and reporting owned by regulatory affairs. The remediation advisor/consultant will work closely with regulatory relations staff to coordinate ongoing communication and contact with issuing regulatory agencies.

Primary Responsibilities:Work with stakeholders to ensure regulatory findings are successfully planned, executed, monitored, reported, and completed as required.  Report status and escalate issues as necessary to the Remediation Manager and other oversight bodies.Advise and provide consultation to the line of business finding owners, to cultivate  understanding of the role, the concerns, and the priorities of supervisory agencies.  Learn and follow the remediation process associated with regulatory findings. Provide expertise regarding the remediation process and ensure that stakeholders understand their roles and responsibilities.Work with Finding and Remediation owners to develop Remediation Project Plan.  Work with stakeholders to record detailed project requirements, constraints and assumptions to establish project deliverables, using requirement-gathering techniques (e.g. planning sessions, brainstorming, focus groups) and the associated supervisory letters and guidance.Guide finding owners in communicating project plans to all stakeholders, including governing bodies, to ensure a common understanding, set expectations, and align stakeholders, finding owners and remediation project team members.Review supervisory communications to interpret and ensure clarity on issues and required remediations. Ensure a clear and shared understanding of the scope of the finding and remediation objectives.   Work with line of business owners to establish clear roles and responsibilities for finding owners and remediation project team members.  Ensure execution of the remediation in accordance with the approved plan.   Monitor and control the remediation, including proper approval of any changes to approved plans.Communicate with regulators regarding remediation to obtain any required approvals and to ensure proper feedback and transparency throughout the lifecycle of a finding.Perform other duties as assigned by management.Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.Promote an environment that supports diversity and reflects the M&T Bank brand.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.Implement approved actions required to mitigate project risk events.Improve project team performance by building team cohesiveness, leading, mentoring, training and motivating to facilitate cooperation, ensure project efficiency and boost morale.

Education and Experience Required:

Bachelor’s degree and a minimum of 4 years’ proven project management experience, or in lieu of a degree, a combined minimum of 8 years’ higher education and/or work experience, including a minimum of 4 years’ project management experience.

Proficiency with personal computers as well as pertinent software packages.

Education and Experience Preferred:

Direct experience with remediation efforts related to prudential/banking agency findings.

Experience working in bank supervision at a regulatory agency.

Experience in audit or in a second line challenge function.

Advanced project management skills.

Demonstrated leadership skills.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $85,104.04 - $141,840.07 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

LocationBuffalo, New York, United States of America