Blue Federal Credit Union
2401 E Pershing Blvd
Cheyenne, WY 82001
Blue Federal Credit Union seeks a Compliance Manager. This person will create and maintain the credit union's regulatory compliance program including evaluation of the impact of existing and new regulatory changes as well as legislation on the credit union. Responsible for training and education within all responsible areas as well as disseminating the information to all levels of the credit union. Responsible for the maintenance of existing forms, disclosures, and procedures and that all comply with regulatory and ethical standards. Provide oversight of compliance staff including the Anti-Money Laundering/Bank Secrecy Act, and quality control programs.
Effectively creates and maintains a regulatory compliance program for Blue Federal Credit Union. Evaluates the impact of existing and new regulatory changes and facilitates the dissemination of this information to the proper parties. Must consistently be up-to-date on legislative and compliance requirements in order to keep the credit union compliant as well as create a culture of compliance.
Effectively interpret and research legislative and regulatory pronouncements and incorporate into the compliance program. On behalf of the credit union, analyze and provide written response to proposed new regulations and/or amendments to existing regulations within allotted time frames. Provide written response to inquiries of a regulatory nature, supporting analysis, conclusions and recommendations upon well-investigated and documented research of regulatory requirements. Identify and communicate regulatory compliance, deficiencies or potential problems, and provide guidance in the development of alternative solutions or implementation of corrective action.
Effectively cooperates with credit union departments as necessary regarding the NCUA relationship as it pertains to compliance of laws and regulatory mandates, any regulatory exams (both federal and state), external audits, and effectively coordinates efforts with internal audits, as appropriate.
Ensure credit union procedures comply with policy and ethical standards. Develop, participate in, and propose changes to credit union policies and procedures for compliance with applicable regulatory and consumer/public interest laws, rules and regulations, and provide recommendations for necessary changes.
Provide direction and oversight of the BSA program and other compliance staff within the Risk/Compliance business unit.
Ensures training/education, in an effort that management team members fully comprehend the scope and the importance of regulatory compliance and its impact on their specific functional/operational areas within the credit union. Works effectively with management team members to conduct compliance reviews and tests within their areas as well as on an overall basis, plus provides critical feedback and analysis to help improve overall regulatory compliance.
Provide input regarding compliance concerns relevant to purpose and current products and services offered by the credit union, including electronic delivery services. Review all advertising and marketing materials for compliance.
Review, revise, and develop credit union forms, and disclosures to ensure compliance with applicable laws, rules and regulations. Interface with legal counsel and/or insurance agencies, as needed, to ensure that the terms and conditions set forth in forms, contracts, agreements, and disclosures are accurate, complete, and meet the needs of and properly protect the credit union.
Five years to eight years of similar or related experience, including preparatory experience. Financial institution regulatory compliance experience is required.
A college degree.CUCE, NCCO or equivalent certification preferred.
Understanding and knowledge of Bank Secrecy Act and AML Regulations, USA Patriot Act, Office of Foreign Assets Control and/or local regulations.
To apply for this position, please visit our Careers Page: https://bluefederalcreditunion.appone.com/