Compliance Officer
3 weeks ago
Compliance Program Overview
The Compliance Manager will be responsible for creating, maintaining, and enhancing an effective compliance management program that provides a framework to manage compliance-related risks. This includes identifying relevant risks and opportunities, determining the scope and impact, and implementing workable solutions while monitoring progress.
Key Responsibilities
- Supports the credit union's compliance program through review of current operational practices ensuring alignment with regulatory requirements, internal policies, and procedures.
- Develops, participates in, and proposes changes to Credit Union policies, procedures, and processes for compliance and applicable regulatory and consumer/public interest laws, rules, and regulations.
- Collaborates with departments and management to implement appropriate changes.
- Works independently or with a project team to identify compliance requirements, including 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.
- Reviews and approves disclosures, forms, advertising, promotional materials, and member communication related to products and services for compliance with applicable laws.
Requirements
- 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.
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