Compliance Counsel II

State Employees' Credit Union • Raleigh, NC

3d • Hybrid

About The Position

The Compliance Counsel II role sits in the second line Regulatory Compliance team within Risk Management and is responsible for helping ensure the Credit Union’s compliance with applicable state and federal laws and regulations.

Requirements

• Juris Doctor degree from accredited law school.
• License to practice law in North Carolina or able to obtain within a reasonable time, and in good standing with state bar.
• 2-5 years of progressive experience as in-house counsel in a compliance-related field at a large credit union or bank, or as an attorney in a law firm that provided direct and substantial compliance related services to credit unions, banks, or financial institutions on a variety of consumer products and services.
• Knowledge of state and federal laws, and regulations affecting state-chartered, federally insured credit unions, banks, and other financial institutions (especially those promulgated by the National Credit Union Administration and Consumer Financial Protection Bureau), such as: TILA, RESPA, HMDA, FCRA, FDCPA, SCRA, SAFE Act, ECOA, TISA, Regulation CC, EFTA, ESIGN, and UDAAP.
• Strong legal research and writing skills, and excellent verbal communication abilities.
• Exceptional attention to detail and ability to manage multiple assignments efficiently.
• Ability to remain flexible and adapt to changing departmental demands.
• Excellent interpersonal skills, including the ability to cooperate and collaborate with co-workers and be cordial in all interactions with co-workers and other employees.

Nice To Haves

• Compliance certifications such as the ACU Credit Union Compliance Officer (CUCO) designation and/or the ACU Certified Credit Union HR Compliance Professional (CHRCP) designation, or the willingness to earn in a reasonable time period.
• Knowledge of federal employment laws including but not limited to ERISA, FMLA, FLSA, and the ADA.
• Basic understanding of the Credit Union’s products, services, and systems.

Responsibilities

• Review compliance-related materials, including but not limited to, disclosures, training, marketing and advertising materials, and other member-facing materials to ensure compliance with applicable laws and regulations.
• Research questions for compliance with applicable laws and regulations as requested by Compliance Senior Leadership and the Credit Union’s various business lines, including Human Resources.
• Develop and maintain active relationships within professional networks to stay current on emerging issues and regulatory requirements.
• Review and revise, as appropriate, responses to complaints submitted by membership through regulatory channels which present compliance-based concerns or issues.
• Conduct compliance risk-based reviews of new and existing vendor relationships and provide recommendations on any additional due diligence that may be required.
• Monitor and prepare summaries regarding regulatory activities, regulatory changes, and industry developments to identify new regulations, trends and emerging issues that may impact the Credit Union including but not limited to consumer protection regulations and HR- and employment-related regulatory activities.
• Work collaboratively with and mentor team members, including but not limited to sharing legal and other expertise, actively participate in team and departmental meetings, and be willing to pivot tasks based on shifts in priorities.
• Assist Compliance Senior Leadership with audits and examinations as needed, helping to ensure audit or exam preparatory needs are met.

Benefits

• equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Ph.D. or professional degree