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Nusenda Credit Union · 1 day ago

AVP of Compliance

Albuquerque, New Mexico, United States

Full-time

Onsite

Mid, Senior Level

5+ years exp

Nusenda Credit Union is dedicated to excellent member service and community care, seeking an Assistant Vice President of Compliance. The AVP of Compliance will ensure adherence to regulations, oversee the Compliance Department, and collaborate with various stakeholders to enhance compliance programs.

Banking

Responsibilities

Oversee, coordinate, and assist in the daily activity of the Compliance department(s) and resources to include assignment of duties and special projects, monitoring workload and productivity, planning and prioritization, problem resolution, and develops recommendations for change or improvement

Responsible for the maturation, proactive assessment, and enhancements for regulatory compliance programs applicable to the organization’s size and complexity

Ensure compliance with regulations, high-risk account compliance (MRB, MSB, FNA, and Hemp), training, marketing, retail and fraud support, and other legal or government related service activities

Collaborate with the Supervisory Committee, Chief Risk Officer, senior leadership team, and third parties to ensure operational adherence with regulatory requirements

Work with internal audit specialist and Compliance Manager to complete in depth research and analyzes on new and changing regulations to identify potential impacts to policy and opportunities for the organization, by partnering with the Compliance Manager and third-party compliance legal expertise for support as needed

Responsible for the maturation, proactive enhancement and ensuring due diligence is demonstrated for the organization’s Bank Secrecy Act (BSA) program applicable to the organizations size and complexity

Collaborate with the Board, Senior Leadership team, and the BSA Manager to ensure operational adherence with overall BSA requirements including policy, procedure, monitoring, reporting, training, and record retention

Direct and complete in-depth research and analyze new and changing BSA rules and regulations to identify potential impacts and opportunities for processes, reporting, training and systems

Responsible for BSA vendor management and system use, including staff facing Currency Transaction Reporting (CTR), Suspicious Activity Reporting and Anti Money Laundering red flag alert processing

Direct the preparation and review monthly and quarterly metric BSA reports

Qualification

BSA program managementRegulatory complianceAuditing experienceNCUA regulations knowledgeData analysisVerbal communicationWritten communicationPresentation skillsOrganizational skillsProblem-solving skills

Required

Five years to eight years of similar or related experience

Bachelor's degree in Business Administration or related field

Strong knowledge of federal and state banking regulations and experience in conducting audits and analyzing data to assess regulatory risk

Exceptional verbal, written, and presentation skills with the ability to work with multiple levels of the organization

Development, performance management, training, and employee counseling skills essential

Excellent organizational and attention to detail skills

Must possess strong analytical and problem-solving skills, with the ability to derive innovative strategies and implement them in a timely, effective manner

Preferred

Industry Compliance and BSA Certifications such as NCCO - NAFCU Certified Compliance Officer, NCBSO - NAFCU Certified Bank Secrecy Officer, CCUIA – CUNA Certified Credit Union Internal Auditor and Certified Cannabis Banking Professional