Job details

Compliance Manager

Overview:

Compensation: $88,000 - $148,000 based on experience and credentials

Schedule: Monday through Friday 8:00 AM – 5:00 PM (flexible hybrid)

The Compliance Manager oversees the development and management of the compliance program. This role is vital to ensuring Suncoast Credit Union is compliant with all applicable laws and regulations. This individual will proactively identify opportunities to prevent violations. Furthermore, this role will provide regulatory guidance and strategize with business units throughout the credit union.

Suncoast Credit Union is consistently chosen as a Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community. Chartered in 1934, Suncoast has never furloughed any employees. To attract the highest quality candidates, Suncoast Credit Union offers a comprehensive benefits package including, but not limited to:

* COMPETITIVE MARKET SALARIES * MEDICAL COVERAGE * PAID TIME OFF * 11 PAID HOLIDAYS * PARENTAL LEAVE * RETIREMENT PLANNING * DEGREE ASSISTANCE * BONUS OPTIONS * ACCESS TO OVER 4,000 GYMS * FREE IDENTITY THEFT PROTECTION * PAID VOLUNTEER HOURS * LEGAL ASSISTANCE * MENTAL HEALTH RESOURCES * EMPLOYEE LOAN DISCOUNTS *

Get the benefits you deserve from an organization that cares about your well-being, inside and outside the workplace. Join a team supporting a healthy body, healthy mind, and healthy work-life balance!

Responsibilities:

Monitor progress to ensure area goals are met and high-quality member service is maintained
Collaborate with the Vice President to establish performance goals for the compliance department and each staff member
Cultivate a strong team by building trust among the members
Conduct quarterly audits on the compliance management process
Prepare reports for GRC and ERM Committees
Participate in regulatory compliance exams, including those conducted by the National Credit Union Administration, independent auditors, internal auditors, or other required examinations
Oversee the business unit evaluations and compliance risk assessments to adequately assess controls and mitigate compliance risk within the credit union
Report, review, and interpret changes to federal or state regulations and laws
Collaborate with each business unit to ensure procedures and processes are updated to comply with new regulatory requirements
Collaborate with the Learning and Development Department to review required compliance courses and assign them based on job functionality
Review audit of completion, prepare and report status to senior management on a regular basis and to the supervisory committee annually
Review all policies to verify they are set within parameters and prepare outcome reports for senior staff board committees on a quarterly basis
Ensure all credit union policies are up to date and have received board approval within the required timeframe
Provide an updated schedule for policy reviews to policy owners, senior staff, and board committee
Review and recommend new methods or procedures to make daily operations more efficient
Set goals and objectives for team members, guide staff in developing action plans to reach stated goals
Hire, train, coach, appraise, and reward staff, acknowledge staff feedback or concerns
Assist senior management with developing and implementing long-term and short-term business objectives
Develop, monitor, and maintain department budget in cooperation with senior management
Assist senior management with regulatory compliance to ensure the credit union is in accordance with applicable laws and government regulations

Qualifications:

Bachelor’s degree in business or compliance-related field (A comparable combination of work experience and training may be substituted for education requirements. Active pursuit of a bachelor’s degree or PCUE designation also is acceptable.)
7+ years of progressively responsible experience in BSA/AML monitoring and investigations with a financial institution
Credit Union Compliance Expert (CUCE) or NAFCU Certified Compliance Officer (NCCO) designation preferred
Previous management or supervisory experience desired
Must exercise logical reasoning and independent discretion in all areas of responsibility
Must be able to maintain a high level of confidentiality
Strong organization, prioritization, analytical, and problem-solving skills to effectively manage areas of responsibility and attain goals
Ability to analyze and resolve complex problems
Strong knowledge and understanding of regulatory compliance necessary to successfully perform job responsibilities
Strong communication skills (written, verbal and interpersonal skills) to interact effectively with members, staff, vendors, and government regulators
Ability to communicate policies, practices, and procedures for direct reports and other stakeholders to understand

Suncoast Credit Union Glassdoor Company Review

3.9