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Arize Federal Credit Union · 2 days ago

Director of Compliance

State College, PA

Full-time

Onsite

Mid, Senior Level

$81K/yr - $90K/yr

5+ years exp

Arize Federal Credit Union is devoted to serving its members and community by providing financial solutions. They are seeking an experienced Director of Compliance to lead their compliance risk management program and ensure adherence to federal and state laws and regulations.

CommunitiesFinancial ServicesLendingNon Profit

Responsibilities

Direct and oversee an enterprise-wide compliance risk management program

Analyze new and pending laws and regulations and assess their impact on credit union operations

Develop, review, and update policies and procedures to ensure regulatory compliance

Oversee the compliance department, including hiring, performance management, and development of staff

Monitor and administer compliance risk management programs in accordance with applicable regulations

Oversee member disclosure compliance, including drafting, reviewing, testing, and maintaining required disclosures

Serve as the subject-matter expert for staff regarding compliance and disclosure requirements

Prepare and present periodic compliance reports to senior management

Serve as BSA Officer, ensuring timely and accurate BSA/AML reporting, SAR and CTR filings, and record retention

Oversee FinCEN, OFAC, fraud monitoring, and related due diligence activities

Coordinate compliance-related training across the organization

Act as a liaison with affiliated CUSOs and external agencies on compliance matters

Support the CFO with Enterprise Risk Management reporting and analysis

Investigate compliance-related incidents, fraud, or irregularities as requested

Qualification

Compliance risk managementBSA/AML regulationsLeadership experienceFinancial institution regulationsAnalytical skillsProfessionalismDiscretionCommunication skillsProblem-solving skills

Required

5-10 years of similar or related compliance experience, preferably within a financial institution or credit union

Bachelor's degree or equivalent industry-recognized certifications

Strong working knowledge of financial institution regulations, including BSA/AML

Proven leadership experience with the ability to guide, develop, and support a compliance team

Strong analytical, communication, and problem-solving skills

High level of discretion, professionalism, and sound judgment

Benefits

Incentive Plan

Holidays and Generous Paid Time Off

Education Assistance

Medical, Dental, and Vision Coverage

Life Insurance, Disability, and Maternity Leave

Flexible Spending Accounts

401(k) Plan

Retirement – 10% Employer Contributions (Total) + 3% Safe Harbor Contribution after 1st month (100% vested) + 7% Additional Contribution after 12 months (6-year vesting)