Director of Risk Management & Compliance (Hybrid)

Earthmover Credit Union • Montgomery, IL

1d • $75,000 - $100,000 • Hybrid

About The Position

The Director of Risk Management & Compliance at Earthmover Credit Union leads the organization’s Compliance Management System (CMS) and develops and implements a formal Enterprise Risk Management (ERM) framework aligned with strategic goals. The role works closely with senior leadership, the Board of Directors, and departments across the credit union to identify, assess, monitor, and mitigate risk and ensure compliance with applicable laws and regulations.

This strategic leadership position oversees compliance monitoring, testing, reporting, corrective action, policies, procedures, disclosures, examinations, and audits. It also provides guidance on products, services, processes, and strategic initiatives; presents reports to senior leadership and the Board; and builds and develops a high-performing compliance team. Candidates must reside in Illinois and be able to commute regularly to the Oswego, Illinois office. Hybrid work is available after successful completion of training, approximately 120 days.

Requirements

• Bachelor's degree in business, accounting, economics, law, or a related field preferred, or equivalent experience.
• 10+ years of compliance and/or risk management experience, including at least 5 years in a leadership role.
• Strong knowledge of financial institution laws, regulations, and compliance requirements, including BSA/AML, USA PATRIOT Act, OFAC, FACTA/Identity Theft Prevention, Fair Credit laws, fraud prevention and mitigation, and other applicable credit union regulations.
• Experience with a Compliance Management System (CMS) and/or Enterprise Risk Management.
• Experience working with examiners and auditors.
• Strong analytical, investigative, decision-making, and problem-solving skills.
• Excellent communication, leadership, and interpersonal skills.
• Strong organizational skills and attention to detail.
• Ability to work independently and collaborate effectively across all levels of the organization.
• Proficiency with Microsoft Office and other technology platforms.
• Must reside in Illinois and be able to commute regularly to the Oswego, Illinois office.

Nice To Haves

• BSACS or CUCE certification, or willingness to obtain.
• Bachelor's degree in business, accounting, economics, law, or a related field.

Responsibilities

• Lead and oversee ECU's Compliance Management System (CMS), including monitoring, testing, reporting, and corrective action.
• Develop and implement a formal Enterprise Risk Management (ERM) framework aligned with ECU's strategic goals.
• Identify, assess, monitor, and report on enterprise-wide operational, strategic, compliance, and reputational risks.
• Monitor regulatory changes and communicate impacts and required actions to leadership and departments.
• Review and oversee compliance policies, procedures, disclosures, and the annual policy review process.
• Prepare and present compliance and risk reports to senior leadership and the Board of Directors.
• Coordinate compliance-related regulatory examinations and audits.
• Provide compliance and risk guidance for products, services, processes, and strategic initiatives.
• Build and lead a high-performing compliance team through coaching, development, and accountability.
• Partner with departments across ECU to strengthen its culture of compliance and risk awareness.
• Stay current on regulatory requirements, industry trends, and emerging risks.

Benefits

• Comprehensive medical, dental, and vision insurance.
• Company-paid Short-Term Disability, Long-Term Disability, and Life Insurance.
• Pet Discount Program and a variety of other voluntary benefits.
• 10% employer contribution to your 401(k).
• Generous paid time off and paid holidays.
• Annual discretionary bonus.
• Career growth and professional development opportunities.
• Hybrid work opportunity after successful completion of training (approximately 120 days).
• Competitive salary of $75,000–$100,000 based on credit union and/or banking experience.

What This Job Offers

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