Compliance Officer - New Grad

NuMark Credit Union • Lemont, IL

5d • Onsite

About The Position

NuMark Credit Union is seeking a Compliance Officer who is ready to apply their legal education in a dynamic, supportive environment where growth is not just encouraged, it's expected. This role blends legal analysis, real-world decision-making, and business influence, making it a perfect starting point for recent law school graduates.

Requirements

• Juris Doctor's Degree (preferred) or a current compliance officer program certification (CUCE by CUNA or CRCM from ABA) and five to ten years prior experience as a Compliance Officer or related position of Audit/Finance/Compliance/Legal/Risk functions in a bank or credit union preferred.
• If not already a licensed attorney, must pass next Illinois bar examination.
• Highly detail-oriented and analytical.
• Must be able to thoroughly conduct research on and interpret new and existing laws and regulations.
• Advanced knowledge of federal and state laws governing credit unions is required.
• Knowledge of estates and trusts is required.
• Ability to provide workable recommendations and solutions to compliance problems.
• Goal-oriented and results-oriented.
• Strong communication skills are required.
• Ability to effectively work with outside counsel and consultants.
• Ability to communicate clearly with both legal and non-legal audiences.
• A desire to step out of government constraints and see your work drive real business outcomes.

Nice To Haves

• Knowledge of contract law is preferred.

Responsibilities

• Reviews laws and regulations regularly to ensure all Credit Union operations and activity are compliant with federal and state laws and regulations.
• Leads the auditing process and collaborates closely with auditors, examiners, President/CEO and Management to ensure a successful audit.
• Recommends policy changes in the Credit Union's compliance program that reduce risk and reflect current legislative changes.
• Ensures policy changes are clearly communicated to the executive team and department heads.
• Assists in the development and implementation of staff compliance training programs in accordance with all applicable laws and regulations.
• Is the Subject Matter Expert (SME) for the Credit Union on all compliance-related matters.
• Reviews and prepares legal documents for the credit union.
• Works with outside counsel on referred legal matters while keeping the CEO up to date.
• Fosters and encourages a culture of compliance within the Credit Union.

Benefits

• Full Time Employees can choose between several plans from Blue Cross Blue Shield (HMO, Options or PPO)
• Dental
• Vision
• 3 weeks of Paid Time Off
• Paid Holidays Off
• Company Lunches and Parties
• Birthday Holidays
• Life Insurance (Company Paid)
• Short and Long Term Disability (Company Reimbursed)
• 401(k) Savings Plan with Company Match & Profit Sharing
• Flex Spending Account
• Accident Insurance Plans
• Education Reimbursement for Bachelor or Master's Degrees
• Employee Assistance Program
• Paid Community Volunteer Time
• Career Advancement Opportunities

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level