Senior Director of Compliance

Financial Staffing Resources, Ltd.•Dallas, TX

About The Position

FSR is recruiting a Senior Director of Compliance for a credit union. The role manages the credit union’s formal compliance program and oversees the administration of complex member accounts. It ensures policies and procedures comply with applicable federal and state laws and regulations by analyzing regulatory requirements, developing and updating policies, and coordinating timely communication and implementation of changes across affected departments. The position reports directly to the Chief Financial Officer and supervises two employees. The Senior Director also develops compliance resources and training in collaboration with the training department, prepares reports for the Board of Directors, works with regulatory examiners and auditors, and monitors corrective actions related to identified compliance deficiencies. The role provides leadership oversight of complex member accounts, including IRAs, trust accounts, deceased member accounts, estate accounts, and business accounts. Direct experience administering fiduciary or complex member accounts is not required.

Requirements

At least 10 years of similar or related experience.
High school diploma or GED.
Strong communication and interpersonal skills.
Ability to work effectively with others on sensitive or confidential matters.
Ability to motivate, influence, and train others.
Ability to develop and maintain productive relationships with internal departments and external organizations.
Ability to communicate and gain support for policies, procedures, and regulatory requirements.

Nice To Haves

Credit Union Compliance Officer certification.

Responsibilities

Analyze new and pending federal and state laws and regulations affecting credit union operations.
Develop, review, and update policies and procedures to ensure ongoing regulatory compliance.
Communicate regulatory changes to affected departments and ensure new procedures are implemented within established timeframes.
Maintain current knowledge of applicable federal and state laws.
Coordinate projects involving regulatory disclosures, policy changes, and compliance procedures.
Review forms, disclosures, advertisements, and other materials for regulatory compliance.
Develop and maintain a library of compliance resources.
Work with the credit union’s training department to develop and deliver compliance training for employees and volunteers.
Ensure management and staff are informed of regulatory changes affecting their responsibilities.
Prepare and present periodic reports to the Board of Directors regarding compliance activities.
Work with regulatory examiners and auditors to address compliance matters.
Monitor corrective actions related to compliance deficiencies identified during examinations and audits.
Ensure compliance reports are accurate, professional, and completed within required deadlines.
Keep management informed of significant operational and compliance matters affecting the credit union.
Oversee the administration of complex member accounts, including IRAs, trust accounts, deceased member accounts, estate accounts, and business accounts.
Ensure procedures governing complex member accounts are established, reviewed, and updated as necessary.
Supervise two direct reports.
Maintain effective working relationships with management, employees, members, regulatory agencies, and other external contacts.
Promote a professional, courteous, and friendly environment for members and staff.
Maintain regular attendance and report to work as scheduled.
Perform other related duties as assigned.