Compliance Manager

Job Description

Job Description

Salary : About Us

About Us

Credit Unions are not-for-profit organizations that exist to serve their members rather than to maximize profits. As a member-owned institution, our focus is on providing a safe place to save and borrow at reasonable rates! That is why our mission at Mid American Credit Union is to be the best choice for quality financial services, above and beyond all other alternatives.

Who Should Apply

Mid American Credit Union is looking for individuals that like to be challenged, rewarded and inspired! This job is perfect for self-motivated, quick thinkers with unmatched problem-solving skills.

Are you ready to be a part of a team that exceeds member expectations every day?

What You'll Do

Create, maintain and enhance an effective compliance management program, that provides a framework to manage compliance related risks.

Identify relevant risks and opportunities, determine the scope and impact, and implements workable solutions while monitoring progress.

Effectively evaluates potential situations that could affect MACU’s ethics and compliance standards, practices, and reporting integrity.

Supports the credit union’s compliance program through review of current operational practices ensuring alignment with regulatory requirements, internal policies and procedures.

Collaborate with departments and trainers to provide training and education within all responsible areas, to ensure departments are well versed in regulations needed to perform routine job duties.

Conduct training sessions for staff as needed.

Develop, participate in, and propose changes to Credit Union policies, procedures, and processes for compliance and applicable regulatory and consumer / public interest laws, rules, and regulation.

Collaborates with departments and managements to implement appropriate changes. Supports Credit Union’s key initiatives and implementation of new products / services.

Tasks range include but are not limited to participating in vendor discovery meetings, assisting with compliance related components of implementations, performing compliance related quality assurance activities and educating appropriate staff on related compliance requirements.

Throughout the process, collaborates to identify creative solutions that remove roadblocks while streamlining workflow, enhancing the member experience and maintaining regulatory compliance.

• Serves as subject matter expert and works with departments to assist in complex account questions including, but not limited to, tax-favored account transactions, complex file maintenance activity, subpoenas, BSA related matters, and monthly, quarterly, and annual reporting.
• Stays current on and facilitates the collection and summary of compliance data to produce accurate and reliable information for decision making, including, but not necessarily limited to, disseminating information on current, amendments, and proposed laws and regulations to relevant senior management.

Attends training sessions and participates in industry events, and maintains compliance designated certifications, as assigned.

Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Must be able and eager to take on other duties as assigned.

Cultural Responsibilities

Be committed to being part of the Mid American team! Show commitment to learning and growth. Consistently demonstrate a positive attitude and strong people skills during interactions with co-workers and members.

Be able to work individually as well as with a team. Embrace change and be able to think of new ideas to assist our members.

Demonstrate financial responsibility and professionalism.

What You Need to Get the Job Done

• A Bachelor's degree in related field or the equivalent combination of education (two-year college degree, completion of specialized course of study and relevant work experience).
• Credit Union Compliance Expert (CUCE) or equivalent certification is preferred but not required.
• Significant level of trust, credibility, and diplomacy.
• Ability to build effective and professional relationships across the organization to allow for an effective compliance management process and communication.
• Strong problem-solving and analytical skills are required to determine root causes and determine resolutions.
• Strong time management skills, ability to prioritize multiple task, and remain organized. Self-motivated.
• Excellent oral and written communication skills. Ability to develop and deliver professional and effective presentations.
• Understanding and knowledge of Federal and State laws pertaining to credit union compliance, NCUA rules and regulations.

General capabilities in the use of personal computer-based business application software and other standard office equipment.

Physical Requirements

Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 20 lbs. Must be capable of climbing / descending stairs in emergency situation.

Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary.

Must be able to work extended hours whenever required or requested by management. Must be capable of travel by automobile (as a driver and a passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities.

Must be capable of regular, reliable and timely attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled office setting with office noise. Exposed to potentially hazardous conditions such as robbery.

Receives detailed instructions and security procedures on an annual basis to minimize risk.

Mental and / or Physical Requirements

Must be able to perform job functions independently and work effectively either on own or as part of a team. Must be able to plan and direct the work activities of self and others.

Must be able to read and carry out various written instructions and follow oral instructions. Must be able to speak clearly and deliver information in a logical and understandable sequence.

Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of service and discretion.

Must be able to perform responsibilities with composure under the stress of deadlines requirements for extreme accuracy and quality and / or fast pace.

Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.

What You'll Love About Us

• A Company that Cares. We are more than a financial institution; we give back to our community. We teach financial literacy and donate and support local organizations.
• Work that Stays at Work. Genuine work / life balance served here!
• Rest and Relaxation. Paid vacation time, personal leave and paid holidays!
• Health Benefits. Medical with HSA and FSA options, dental, and vision.
• Prepare for the Future. 401(k) with a generous company match.
• Invest in YOU. Tuition Reimbursement Program.

An Equal Opportunity Employer

Because our team members are trusted to handle sensitive information, we require all candidates that receive and accept employment offers to complete a background check before being hired.

This company participates in E-Verify

The Right to Work

Este Empleador Participa en E-Verify

El Derecho a Trabajar