Compliance Manager

Role

Assures compliance with all company policies and procedures, as well as, all applicable state and federal banking regulations. Must comply with credit union's BSA/AML/OFAC Program and ensure that Consumer Compliance regulatory requirements are adhered to. Responsible for the oversight of a Consumer Compliance and Safety and Soundness program. Manages the vendor management program.

Major Duties and Responsibilities

• Directs the Quality Assurance and Compliance and Security departments. Reports requirements to management and may train departmental heads in compliance processes, quality assurance requirements and controls.
• Maintains a schedule for a cursory examination of all compliance requisites and looks for evidence of deficiencies in controls, duplication of effort, timeliness of response to compliance issue or lack of compliance with laws, government regulations, and management policies or procedures.
• Conducts special studies for management to discover the company's potential exposure to existing or pending compliance regulation and cooperates with the appropriate staff in developing an effective response to the compliance requirements.
• Assists the company and divisional management in understanding and addressing all applicable laws and regulations. Develops and maintains corporate compliance policies and establishes compliance review procedures.
• Assists management and other team members with department business to coordinate inter and intra-departmental activities; resolves inquiries or issues relating to BSA/Compliance matters; participates in various internal committees as assigned.
• Monitor various compliance surveillance and exception reports. Conduct periodic internal account/customer reviews to identify potentially suspicious activity. Completely and accurately document steps taken through the investigation process.
• All other job responsibilities as assigned by management.
• Comply with all company policies, procedures, and service standards. Comply with all applicable laws and regulations.

EXPERIENCE

Five to seven years of Compliance and Quality Assurance experience. Knowledge of Bank Secrecy Act and AML regulations, USA Patriot Act, and Office of Foreign Assets Control regulations. Three to five years of supervisory experience.

EDUCATION/CERTIFICATIONS/LICENSES

Bachelors Degree in Business Administration or related field.

INTERPERSONAL SKILLS

A significant level of trust and diplomacy is required to be an effective subject matter expert in the position. Ability to communicate information of a sensitive and/or highly confidential nature is a normal part of the day-to-day experience. Communications can involve motivating, influencing, educating, and/or advising others on matters of significance. Ability to develop and foster strong working relationships with team members and members to ensure we are achieving the overall mission and vision of the credit union. Incorporate core values into daily activities and decisions.

OTHER SKILLS

Strong written and oral communication skills Time management skills Ability to prioritize and multitask Logic and reasoning skills Attention to detail Microsoft Office

ADA Requirements

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 driver and 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.

MENTAL AND/OR EMOTIONAL 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 customer service and discretion when dealing with the public. 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.

Nothing in this position description restricts management's right to assign or reassign duties and responsibilities to this job at any time.

ASE Credit Union is an Equal Opportunity Employer