Compliance Risk Manager - Boise and Chubbuck

Overview

*This position can be located in Boise or Chubbuck*

The Compliance Risk Manager will oversee the Compliance Analysts, Senior Compliance Analysts, Bank Secrecy Act (BSA) Analysts, and Fair Lending Officers. This role involves supervising their duties, enhancing processes and systems, and providing coaching and training to achieve performance excellence. Responsibilities include reviewing workpapers, preparing Compliance Annual Plans, and addressing ad-hoc requests from the AVP of Compliance or VP of Risk Management. The manager will interpret regulatory guidance, drive internal process improvements, utilize data analytics for compliance risk monitoring, and manage communications with regulatory agencies.

Responsibilities

• Research and analyze regulatory guidance to provide recommendations for improvements.
• Persuade stakeholders with well-founded, evidence-based verbal or written rationale.
• Offer practical and actionable alternatives for improvements.
• Exhibit professional skepticism and engage in respectful disagreements to achieve common goals.
• Manage teams, including hiring, coaching, training, and motivating them to excel.
• Conduct regular one-on-one meetings to address compliance challenges and prepare team members for various compliance functions.
• Train teams to execute Compliance Assessments and collaborate with business lines on root cause analysis and management action plans.
• Review and approve compliance assessments, supporting documentation, and workpapers.
• Oversee assessment activities, workpapers, and reports within the Governance, Risk, and Compliance (GRC) system.
• Educate team members on compliance risks within the organization’s risk management framework.
• Ensure team members obtain relevant certifications (e.g., CUCE, BSACS) to enhance their roles.
• Utilize data analytics, including creating tables and graphs, for compliance monitoring.
• Maintain thorough documentation for review by regulatory examiners.
• Guide Analysts in handling compliance-related inquiries, updating procedures based on insights, and collaborating with business lines for necessary updates.
• Supervise team schedules, manage workloads, and monitor service levels.
• Address complaints from members or regulatory bodies.
• Periodically review and update procedures governing Compliance team roles and processes.
• Conduct performance evaluations, develop strength development plans, and administer corrective actions if necessary.
• Provide progress reports to the AVP of Compliance or VP of Risk Management.
• Prepare written reports for senior management as assigned.
• Complete projects assigned by senior management.
• Demonstrate proficiency in data analytics and coach team members in data analysis.
• Assist with other duties and projects as assigned.

Qualifications

• Bachelor’s degree in Business, Finance, Statistics, Economics, or a related field; Juris Doctorate or another graduate degree preferred.
• Project Management Professional (PMP) certification is a plus.
• Minimum of two years’ experience in compliance or audit; three or more years preferred.
• Ability to analyze and apply regulatory guidance effectively.
• Strong communication skills with the ability to provide compelling, practical, and actionable recommendations to senior management.
• Demonstrated professional skepticism and ability to find common-ground resolutions.
• Strong leadership, training, and people management skills.
• Ability to lead, coach, and train others in compliance and BSA/Anti-Money Laundering activities.
• CUNA’s Credit Union Compliance Expert (CUCE) designation or equivalent preferred.
• Ability to maintain confidentiality of organizational and member records.

Performance Standards:

• Lead, coach, and train teams in compliance, BSA, and fair lending functions.
• Analyze and respond appropriately to compliance-related risks.
• Manage team members to support organizational compliance and BSA needs effectively.
• Stay informed about applicable laws, rules, and regulations.
• Utilize available technology related to compliance and BSA functions.
• Communicate effectively with members, team members, examiners, and management.
• Organize and manage the workload of Compliance Analysts, BSA Team Members, and Fair Lending Team Members.
• Maintain professionalism in appearance, attendance, work quality, and as a representative of the organization’s core values.

Physical Requirements:

• Perform tasks requiring manual dexterity (e.g., processing paperwork, typing).
• Sit for extended periods.
• Lift 20-40 pounds of supplies.
• Engage in repetitive motions using wrists, hands, and fingers.
• Operate basic office machines (e.g., computer, telephone, copier).

The above statements describe the general functions of the job and should not be construed as a detailed description of all work requirements.

Must be eligible for membership at Idaho Central Credit Union to obtain employment.

Idaho Central Credit Union is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, age, disability, protected veteran status, or other characteristics protected by law.