[Remote] Senior Compliance Manager-Crypto and Emerging Banking Solutions at M&T Bank

United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Banking, Financial ServicesIndustries

Requirements

Deep expertise in financial crime compliance, crypto markets, and emerging technologies
Experience with BSA/AML and sanctions compliance standards
Experience with blockchain analytics tools and crypto transaction monitoring systems
Ability to conduct risk assessments and scenario analyses
Ability to develop and deliver training programs
Ability to manage a small team

Responsibilities

Develop and implement a comprehensive crypto and other emerging non-traditional banking solutions financial crimes risk management framework
Act as the enterprise-wide financial crimes compliance subject matter risk expert on crypto/stablecoin and other emerging non-traditional solutions
Partner with technology teams to evaluate and implement blockchain analytics tools and crypto transaction monitoring systems
Lead investigations into suspicious crypto-related activity and provide guidance on appropriate mitigation strategies
Collaborate with AML, fraud, sanctions, and cybersecurity teams to ensure cohesive risk coverage
Advise on crypto-related policy development, including KYC, transaction monitoring, sanctions filtering and blockchain analytics
Remain current with emerging non-traditional banking solutions regulatory developments and ensure organizational compliance
Develop and deliver training programs on crypto-related financial crime risks to internal stakeholders
Conduct deep-dive risk assessments and scenario analyses on topics such as digital assets and other emerging non-traditional banking products and/or channels
Evaluate and advise on new and/or revised products and services from a crypto compliance risk perspective for assigned areas
Provide regular briefings and strategic insights to the BSA Officer, CRO and the risk leadership team
Provide valuable input in various committees and working groups comprised of senior and executive management business partners
Collaborate with business units, compliance, legal, technology, and audit to ensure a coordinated response to emerging threats
Represent the bank in industry working groups, regulatory consultations, and thought leadership forums
Exercise usual authority of a manager concerning staffing, performance appraisals, promotions, salary recommendations, performance management and terminations
Design, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis
Identify risk-related issues needing escalation to management
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
Complete other related duties as assigned
Take emerging trends in non-traditional banking solutions and turning them into actionable insights for senior leadership, helping shape enterprise risk strategy and decision-making
Embed forward-looking risk intelligence into governance, planning, and reporting processes

Skills

Key technologies and capabilities for this role

Financial Crime ComplianceBSA/AMLSanctions ComplianceCrypto MarketsEmerging TechnologiesBlockchain AnalyticsTransaction MonitoringRisk ManagementPolicy DevelopmentKYCScenario AnalysisInvestigationTraining

Questions & Answers

Common questions about this position

What are the primary responsibilities of the Senior Compliance Manager?

The role involves developing a crypto risk management framework, acting as the enterprise-wide expert on crypto and emerging solutions, partnering with technology teams on blockchain tools, leading investigations, and advising senior leadership on risks.

What expertise is required for this position?

Deep expertise in financial crime compliance, crypto markets, emerging technologies like blockchain and digital assets, and regulatory developments in non-traditional banking solutions is required.

Is this a remote position or does it require office presence?

This information is not specified in the job description.

What is the salary or compensation for this role?

This information is not specified in the job description.

What makes a strong candidate for this Senior Compliance Manager role?

A strong candidate will have managerial experience in staffing and performance management, deep knowledge of BSA/AML compliance, crypto risks, and the ability to collaborate cross-functionally while providing strategic insights to executive leadership.

M&T Bank

Full-service banking for individuals and businesses

About M&T Bank

M&T Bank provides a variety of banking services to individuals, small businesses, and larger companies. Their offerings include mortgage assistance, personal and business checking accounts, and mobile banking options. The bank primarily operates in the Northeastern and Mid-Atlantic regions of the United States, emphasizing community engagement and a focus on customer service. M&T Bank's business model is based on traditional banking practices, such as loans, deposits, and investment products, and it generates revenue through interest income and service fees. A key aspect that sets M&T Bank apart from its competitors is its commitment to community involvement, which includes allowing employees to volunteer and supporting local organizations. The recent merger with United Bank, N.A. has further expanded their services and market presence.

Buffalo, New YorkHeadquarters

1993Year Founded

IPOCompany Stage

Financial ServicesIndustries

10,001+Employees

Risks

Competition from fintechs could erode M&T Bank's market share among tech-savvy customers.

Integration challenges from the United Bank merger may disrupt operations.

Decreased prime rate could reduce interest income, impacting profitability.

Differentiation

M&T Bank emphasizes community engagement through its charitable foundation and volunteer programs.

The bank offers a wide range of traditional and digital banking services.

Recent merger with United Bank, N.A. expands M&T's market reach and service offerings.

Upsides

M&T Bank's $1.5 billion senior notes offering strengthens its financial position.

Decreased prime rate may attract more borrowers, increasing loan volume.

Shannon Lazare's appointment as New Jersey Regional President enhances local community engagement.

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