Legal and Compliance Manager

DORT FINANCIAL CU•Grand Blanc, MI

About The Position

The Legal and Compliance Manager will proactively develop, manage, and enhance the Credit Union’s regulatory compliance program and work closely with internal audit and management to develop, implement, and monitor compliance programs, ensuring the credit union’s activities align with regulatory standards and best practices in the financial services industry. This position plays a critical role in protecting the credit union from legal and financial risks, fostering a culture of compliance, and safeguarding member trust. This position will ensure that all Credit Union activities comply with applicable federal and state laws and regulations, NCUA rules and regulations, related financial industry laws and regulations, and policies and procedures. Responsible for overseeing the intake, review, and appropriate management of legal documentation and correspondence including but not limited to powers of attorney (POAs), deceased member documentation, trusts and estate accounts, guardian, conservatorship, subpoenas, complaints, and related litigation communications. This role ensures all legal requests and legal papers are processed accurately, in compliance with applicable laws and credit union policies. Serves as a liaison between internal teams, legal counsel, external agencies, and external counsel to support the Credit Union’s legal and regulatory obligations.

Requirements

Bachelor’s degree in Business Administration, Legal or Compliance Studies, or Finance is required.
A minimum of five years of related experience is required.
Must have regulatory reporting knowledge, the ability to interpret regulations and laws, and strong verbal and written communication skills.
Additionally, at least three years of management experience is required.
In-depth knowledge of the laws and regulations pertaining to credit unions and the ability to interpret related laws and regulations.
Experience in researching and analyzing complex laws and regulations, team commentaries, legal opinions, court decisions and other documentation and the analysis of operations to determine and ensure compliance.
Excellent professional communication skills, able to communicate effectively with all levels of team, as well as, attorneys, law enforcement and various state and local courts.
Must be able to work independently and exercise strong leadership, problem-solving, and sound business judgment in order to make decisions in the best interests of the credit union.
Proficient in MS Office products (Word, PowerPoint, Excel, Outlook).
Must be willing to embrace and leverage technology toward continuous process improvement.
Ability to lead by example, motivate team and promote teamwork.
Familiarity with court systems, legal process serving, document authentication, and legal records management.
Ability to build partnerships throughout the organization and maintain working relationships.
Must be bondable.

Nice To Haves

Certified Credit Union Compliance or Regulatory Officer or similar Certification preferred.
Working knowledge of NCUA regulations is strongly preferred.

Responsibilities

Proactively develop, manage, and enhance the Credit Union’s regulatory compliance program
Work closely with internal audit and management to develop, implement, and monitor compliance programs
Ensure the credit union’s activities align with regulatory standards and best practices in the financial services industry
Protect the credit union from legal and financial risks
Foster a culture of compliance
Safeguard member trust
Ensure that all Credit Union activities comply with applicable federal and state laws and regulations, NCUA rules and regulations, related financial industry laws and regulations, and policies and procedures
Oversee the intake, review, and appropriate management of legal documentation and correspondence including but not limited to powers of attorney (POAs), deceased member documentation, trusts and estate accounts, guardian, conservatorship, subpoenas, complaints, and related litigation communications
Ensure all legal requests and legal papers are processed accurately, in compliance with applicable laws and credit union policies
Serve as a liaison between internal teams, legal counsel, external agencies, and external counsel to support the Credit Union’s legal and regulatory obligations.