Risk Management & Compliance Consultant

REPORTING RELATIONSHIPS

Position Reports To: Risk Management & Compliance Consultant AVP

Position Supervises: N/A

Summary of Position

Provides comprehensive compliance assistance to Credit Unions.

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ESSENTIAL FUNCTIONS

• Work with client Credit Unions in developing and maintaining a compliance program, complete risk assessments, and specialized reviews.
• Develop and review each department’s compliance procedures to improve compliance with applicable federal and state laws and regulations.
• Evaluate and recommend changes to policies, forms, etc. to improve compliance with applicable laws and regulations.
• Coordinate implementation of new laws and regulations affecting Credit Unions with Credit Union management, including updating policies to reflect changes caused by new regulations.
• Compile and maintain training materials and conduct training sessions for new and existing employees.
• Coordinate with regulatory examiners and external auditors during examinations to ensure that compliance issues are adequately addressed where appropriate.
• Assist with gathering pertinent information to comply with state and federal requests that are addressed to Credit Unions.
• Serve as an educational resource at League and chapter events, as necessary.
• Support and assist Cornerstone League and Cornerstone Resource departments with compliance topics, information, and data as needed.

                  NOTE: The list of essential functions is not exhaustive.  It may be supplemented as necessary from time to time.

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PERFORMANCE MEASUREMENTS

CORE COMPETENCIES NEEDED

All Staff -

Accountability - Being answerable to personal actions.  Able to self-evaluate, take responsibility for one’s own actions, recognize mistakes, utilize feedback, willing to take ownership.

Adaptability – The degree to which the employee demonstrates openness to change and new ideas.  Ability to adjust to changing work requirements and respond to new situations.

Advocate - Positive champion on Cornerstone issues, products, and services.  Talks to credit unions about all the ways Cornerstone can assist.

Initiative - The ability to perform job responsibilities independently and responsibly.  The ability to proactively complete tasks, solve problems, improve processes, enhance products, and/or extend services within assigned range of authority.

Professionalism - Demonstrates and conveys a favorable image when representing the company.  Has high level of honesty, integrity, and confidentiality along with proper standards of professional dress.

Teamwork and Cooperation - The degree to which individuals promote a collaborative, cooperative, and productive working environment.  The level of demonstrated sensitivity, team building, support, and respect.  The degree of synergy promoted.

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QUALIFICATIONS

Education/Certification: A combination of education or experience that demonstrates the ability to perform the essential functions of the position. A bachelor’s degree in business, finance, accounting, or related discipline is a plus, but not required. Compliance certification is desired.

Required Knowledge: Professional, well-developed interpersonal and communication skills necessary for interacting with credit union personnel and serving as a representative of the Cornerstone League & Affiliates. Work requires extensive knowledge of the Credit Union system and federal and state regulations affecting the Credit Union movement. Work also requires extensive knowledge of Credit Union operations.

Experience Required: A minimum of three to five years’ experience in Credit Union operations, and/or financial institutions is required.

Skills/Abilities: Must have excellent written and verbal communication skills, attention to detail, and presentation skills.  Must be able to work independently. Must maintain confidentiality and be member/ owner service-oriented.

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PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Work requires sitting for the majority of the day.  Work also requires occasional lifting and carrying up to 10 lbs. These activities also require occasional bending, squatting, reaching, and kneeling.

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WORKING CONDITIONS

No hazardous or significant unpleasant condition (such as in a typical office). Must be able to travel by car or plan to visit client credit unions. This position requires occasional travel, up to a week at a time to credit union locations. May include car or air travel. air.

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MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Reasoning Ability: Ability to apply logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with difficult concepts and complex variables.

Mathematics Ability: Intermediate mathematical skills required (calculations and concepts involving decimals, percentages, fractions, etc.).

Language Ability: Able to read technical journals, abstracts financial reports and legal documents.  Ability to prepare articles, abstracts, editorials, journals, manuals, and critiques. Ability to prepare and make comprehensive presentations, participate in formal debate, communicate extemporaneously, and professionally communicate before an audience.

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Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.   Additional functions and requirements may be assigned by supervisors as deemed appropriate.

In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals.  However, no accommodation will be made which may pose serious health or safety risks to the employee or others or which impose hardships on the organization.

This job description is not intended to create an employment contract.  Cornerstone maintains its status as an at-will employer.