M&T Bank

Regulation W Compliance Officer (Hybrid - See Job Description for Listed Locations)

M&T Bank  •  $108k - $179k/yr  •  Buffalo, NY (Hybrid)  •  2 months ago
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Job Description

*** Work Arrangement/Location: This is a hybrid position requiring in-office work four days a week and will be based at Buffalo, NY, Metro NYC, Wilmington, DE or Boston, MA.

We are seeking a knowledgeable Regulation W Compliance Officer to oversee affiliate‑transaction compliance across the bank and its related entities, including our investment adviser, broker‑dealer, trust company, and other affiliated businesses. This role ensures adherence to Sections 23A and 23B of the Federal Reserve Act and supports strong enterprise‑wide governance of intercompany relationships and transactions.

Primary Responsibilities:

  • Perform and continuously enhance the bank’s Regulation W compliance framework, including policies, procedures, and risk assessments.
  • Advise business partners across the bank and affiliates on permissible covered transactions, quantitative limits, exemptions, and 23B arm’s‑length requirements.
  • Ensure proper review and approval of affiliate transactions, ensuring proper identification, documentation, collateralization, and tracking.
  • Ensure there is maintenance of an up‑to‑date inventory of affiliates, control relationships, and covered‑transaction exposures.
  • Partner with Legal, Finance, Treasury, Operations, and business leaders to review new products, intercompany agreements, and service arrangements for Regulation W implications.
  • Ensure periodic testing, monitoring, and reporting to validate compliance and support remediation of identified issues.
  • Serve as the primary subject‑matter expert during regulatory exams and internal audits.
  • Deliver training and guidance to lines of business on Regulation W requirements and expectations.
  • Support governance processes related to organizational changes and new entity formation to assess affiliate implications.

Education and Experience Required:

A combined minimum of 12 years’ higher education and/or work experience, including 8 years’ experience in compliance, legal, or risk experience in financial services, with strong knowledge of Regulation W

  • Experience working with or supporting affiliated entities such as investment advisers, broker‑dealers, or trust companies.
  • Strong analytical and problem‑solving skills with the ability to interpret and operationalize complex regulatory requirements.
  • Effective communicator who can influence stakeholders and collaborate across business lines

Juris Doctor or Master’s degree preferred.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $107,500.00 - $179,100.00 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.

Location

Buffalo, New York, United States of America

M&T Bank

About M&T Bank

Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: make a difference in people’s lives and uplift the communities we serve. Founded in 1856 in Buffalo, NY we are now a top 11 full-service US-based commercial bank with a retail footprint across the east coast and wealth services available nationwide and abroad. As a bank, we offer advice, guidance, expertise, and solutions across the entire financial spectrum that combines M&T’s traditional banking services with the wealth management and institutional capabilities offered by Wilmington Trust. We are a community-minded organization with more than 167 years of experience. We serve customers, community, and colleagues whether they be across the street, across the state or across the country.

As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values drive the work we do – integrity, ownership, collaboration, curiosity, candor and we seek to further build upon our record of success by bringing in top talent and fresh skill sets while continuing to support the growth and development of all our team members.

M&T Bank is unwavering when it comes to providing equal employment opportunities to all employees and applicants without regard to race, color, national origin, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Buffalo, New York
Year Founded
Unknown
Website
mtb.com
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