Policy and Governance Specialist

Lafayette Federal Credit Union•Rockville, MD
•Hybrid

About The Position

Lafayette Federal Credit Union is seeking a Policy and Governance Specialist to help develop and maintain a practical, reliable policy program. The role translates complex regulatory, compliance, and business requirements into clear policy language and supports responsible use of AI-assisted research and drafting, with careful verification against authoritative sources. It also coordinates stakeholder reviews and approvals and maintains policy records, version control, and review schedules. The specialist collaborates with business leaders, compliance partners, subject matter experts, and other stakeholders to gather input, resolve feedback, and move policies through approval. The role requires sound judgment, diplomacy, discretion, and careful handling of sensitive information. The position is hybrid and limited to residents of DC, Maryland, or Virginia who live within a reasonable commuting distance of the headquarters and can meet onsite requirements.

Requirements

  • Bachelor's degree from an accredited institution.
  • At least three years of professional experience in policy, governance, compliance, legal, risk management, internal audit, regulatory change, or a related discipline.
  • Demonstrated technical writing and document development experience.
  • Experience coordinating projects involving multiple stakeholders and competing priorities.
  • Strong proficiency with technology platforms and digital collaboration tools.
  • Familiarity with AI-powered research, drafting, and productivity platforms.
  • Strong organizational skills and a high degree of attention to detail.
  • Clear writing, careful research, collaboration, follow-through, and ability to turn complex information into usable language.
  • Comfort coordinating competing priorities, asking questions, and following through on details.
  • Ability to review and verify AI-generated content thoughtfully.
  • Ability to build productive relationships and handle confidential information with discretion and diplomacy.
  • Must reside in DC, Maryland, or Virginia within a reasonable commuting distance of headquarters and be able to meet onsite or hybrid work requirements.

Responsibilities

  • Draft, revise, and maintain policies, standards, procedures, and related governance documentation.
  • Align policy content with organizational standards, templates, and governance requirements.
  • Translate complex regulatory, compliance, and business requirements into clear, actionable policy language.
  • Use AI research, drafting, and content-generation platforms and established prompt sequences and workflows to support policy creation and revision.
  • Review AI-generated content for accuracy, completeness, consistency, and alignment with organizational standards.
  • Verify policy content against authoritative sources, regulations, and primary reference materials, and ensure requirements are traceable to supporting documentation.
  • Conduct quality reviews to maintain policy accuracy and integrity.
  • Facilitate policy reviews with business leaders, compliance partners, subject matter experts, and other stakeholders.
  • Drive policy approval processes and timely completion of review cycles; resolve feedback and coordinate updates across stakeholder groups.
  • Organize, schedule, and facilitate policy review meetings and working sessions; document decisions, action items, and approval outcomes.
  • Track policy initiatives and deliverables and maintain visibility of progress.
  • Support governance activities throughout the policy lifecycle.
  • Maintain policy repositories, records, version control, and approval documentation.
  • Monitor policy review schedules and ongoing compliance with governance requirements.
  • Complete applicable annual mandated training accurately and on time, including training such as Bank Secrecy Act, Anti-Money Laundering, OFAC, cybersecurity, diversity and anti-harassment, and fair lending.
  • Build productive relationships, solicit cooperation, handle sensitive information confidentially, and exercise diplomacy and tact.

Benefits

  • Competitive compensation and comprehensive benefits.
  • Retirement savings and employer contributions.
  • Generous paid time off.
  • Professional development and continuing education opportunities.
  • Employer-paid 99.9% health insurance premium for single and family coverage under the HMO plan.
  • Fully funded deductible under the HMO plan.
  • 401(k) employer matching contribution.
  • Life insurance and short- and long-term disability coverage.
  • Paid time off, holiday leave, and birthday leave.
  • Educational assistance.
  • Commuter benefits program.
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