Vice President of Enterprise Risk Management

LOC Credit Union • Farmington Hills, MI

1d

About The Position

LOC Credit Union is looking for an experienced Vice President of Enterprise Risk Management to lead our compliance, risk management, and audit programs while ensuring the Credit Union remains compliant with all applicable laws and regulations. This role serves as a trusted advisor to leadership, oversees the Bank Secrecy Act (BSA) program, vendor management, policy governance, fraud prevention, audits, and overall enterprise risk management and much more.

Requirements

• Experience in financial institution compliance, risk management, or audit.
• Strong knowledge of BSA/AML, OFAC, consumer regulations, and regulatory requirements.
• Excellent leadership, communication, organizational, and analytical skills.
• Ability to manage multiple priorities while maintaining a high level of confidentiality and accuracy.

Nice To Haves

• Collaborative leader with passion for regulatory excellence and protecting the organization and its members.

Responsibilities

• Lead regulatory compliance, BSA/AML, OFAC, and enterprise risk management programs.
• Oversee internal and external audits, vendor management, policy administration, contract management, and complaint management.
• Monitor regulatory changes and advise leadership on compliance impacts.
• Review member-facing communications, marketing, and disclosures for compliance.
• Develop fraud prevention strategies and oversee compliance-related risk assessments.
• Partner with leadership to strengthen internal controls and promote a culture of compliance.

Benefits

• health
• dental
• vision
• life insurance
• 15 paid holidays off, which includes your birthday
• generous paid time off (PTO)

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed