What are the responsibilities and job description for the Compliance Manager position at TTCU Brand?
TTCU Federal Credit Union is seeking a passionate and motivated Compliance Manager to join our team. In this role, you’ll be responsible for overseeing compliance processes, conducting audits, providing staff training, and managing relationships with regulatory bodies. The ideal candidate will be responsible for leading efforts in ensuring adherence to regulatory standards and internal policies as well as having a strong understanding of industry regulations, excellent communication skills, and experience in compliance management.
Supervises: Compliance Analysts
Essential Job Functions and Responsibilities:
- Perform Risk Assessments to identify compliance risk exposure and help the organization prioritize compliance risks.
- Assess compliance issues presented through complex new/revised product and service offerings and work closely with senior leaders of business units to plan a response.
- Develop, administer, and monitor programs to ensure the Credit Union's compliance with laws, regulations, and rules.
- Evaluate the effectiveness of existing processes and recommend new processes that most effectively anticipate, manage, and reduce risk to the business.
- Maintain subject matter expertise and understanding of the laws, rules, and regulations with which the business must comply and an awareness of issues of recent regulatory focus.
- Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
- Work closely with the VP/General Counsel on escalated Compliance matters while also acting as the Compliance subject matter expert for the Compliance team.
- Act as the system administrator for all Compliance related software and technology.
Minimum Qualifications:
- Bachelor's degree in Business, Finance, Economics, or another related field required.
- Juris Doctorate (JD) preferred.
- Minimum of 5 years experience working in a financial institution.
- Minimum of 5 years as Supervisor or Management experience in banking, or other related field.
- Minimum of 8 years with Risk Management or Compliance.
- Extensive knowledge of Anti-Money laundering regulations, NCUA Rules and Regulations, and Consumer Compliance regulations including but not limited to Reg B, Reg Z, Reg X, Reg CC, Reg E.
- Intermediate knowledge with Microsoft Office (Word, Excel, PowerPoint, SharePoint, and Outlook).
- Ability to learn proprietary computer software such as Keystone, OnBase, Concur, and Cisco Agent Desktop
Why TTCU Federal Credit Union?
We offer a competitive salary, comprehensive benefits, and a supportive work environment where your contributions make a meaningful impact. Join us in helping our members achieve financial success!
