VP - Risk Management & Compliance

Maine Savings Federal Credit Union • Hampden, ME

50m • Hybrid

About The Position

Maine Savings is seeking a collaborative and detail-oriented Vice President of Risk Management & Compliance to lead and oversee the organization’s enterprise compliance program. Reporting to the Chief Risk Officer, this role ensures adherence to applicable laws and regulations, maintains a strong Compliance Management System (CMS), and partners closely with internal and external auditors. The VP will provide leadership, structure, and oversight to a team of compliance professionals responsible for day-to-day monitoring, testing, and regulatory support activities.

Requirements

• At least ten years of experience in compliance, risk management, or audit within a financial institution.
• A minimum of five years of consistent and steady leadership growth.
• Bachelor's degree in Business, Finance, Risk Management, or a related field.
• Strong knowledge of NCUA regulations, FFIEC guidance, BSA/AML, and consumer compliance requirements.
• Experience working with auditors and regulatory examiners.
• Demonstrated leadership experience managing and developing teams.
• Ability to translate regulatory requirements into practical business processes.
• Strong organization, documentation, and communication skills.

Nice To Haves

• Occasional off-site, overnight travel is required.
• Position may allow for hybrid work opportunities.

Responsibilities

• Leads, coaches, and develops a team of compliance professionals responsible for daily compliance monitoring and operational support by establishing clear expectations, accountability, and development opportunities for team members.
• Provides guidance and training to staff on regulatory requirements and compliance practices.
• Monitor regulatory changes and ensures timely implementation across business lines; assesses organizational impact of any and all changes.
• Takes a leadership role in regulatory audits, examinations, and reporting requirements; coordinates audit requests, responses, and documentation.
• Manage the Credit Union's response to subpoenas and other legal matters, frequently working with outside counsel.
• Tracks and manages audit findings, ensuring timely remediation and sustainable corrective actions.
• Maintains comprehensive, accurate and examiner-ready documentation of compliance programs, controls, and testing activities.

Benefits

• health insurance
• dental and vision insurance
• 401k with company match
• paid holidays
• a generous Paid Time Off program
• employee referral program
• employee discounts
• continuing education and student debt relief programs
• longevity bonuses

What This Job Offers

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