Compliance Control Monitoring Manager
Compliance Control Monitoring Manager
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1 Vacancy
Job Description
Title: Compliance Control & Monitoring Manager
Primary Location:Grand Rapids
Employee Status: fulltime exempt
Estimated Hours/Week:38
Remote:No
***This is not a remote opportunity. Position required to report to the Grand Rapids office daily.***
What Youll Get: (note varied offerings based on role and hours)
Weekly Pay
Comprehensive Health & Wellness package including Medical (with prescription coverage) Dental and vision
Matching Health Savings Account Contributions Dependent Care flexible spending account (FSA)
Retirement options like 401 (k) with company match and pension.
Paid time off: Vacation Personal days paid holidays paid volunteer time sick days & flex time.
Tuition reimbursement
To see a full list of our benefit offerings check out this helpful guide!
About this position:
LMCU is looking for a Compliance Control & Monitoring Manager who will be responsible for working in a team environment to develop and execute regulatory controls and testing to provide reasonable assurance that each line of business within LMCU is complying with applicable laws regulations and internal policies.
What youll do:
Manage process walkthroughs and design monitoring and testing activities for areas deemed to be of higher focus. Perform an analysis of evidentiary data and draw conclusions as to the adequacy and effectiveness of business controls. Ensure that workpapers are thorough wellorganized and support the work executed including evidence of exceptions identified.
Prepare and present reports that are appropriate for executivelevel consumption to clearly communicate results risks root causes and key issues.
Maintain current knowledge of CFPB and other regulators focus areas specific to consumer protection regulations enforcements and industry practices.
Manage compliance issues identified during testing and follow up as needed. Ensure corrective action plans are properly executed to comply with corporate policy or applicable regulation.
Support development of the annual compliance monitoring plan including recalibration of the plan based on the results of the compliance risk assessment as well as external/audit findings that might adjust the monitoring plan.
What Youll Bring: Youll like this position if you have...
Three years to five years of similar or related experience including preparatory experience in a corporate testing or audit function within the financial services sector and/or related experience working in complex audit or testing operations or related projects.
Experience with banking regulations is a plus. Experience working with regulatory agencies such as the NCUA CFPB etc.
Willingness to obtain compliance certification.
A bachelors degree in business administration finance accounting economics risk management or related field of study.
CRCM CIA or CAMS certifications preferred but not required.
Strong interpersonal skills for building strong relationships with stakeholders and engaging teams.
Excellent written skills in interacting with nonexecutives and executive management and across a number of business lines and control functions.
Ability to effectively prioritize multiple tasks and work collaboratively as part of a team.
Ability to evaluate detailed business data and test results with healthy skepticism and an understanding of when and how to challenge.
Expert knowledge in banking compliance rules laws and regulations and specific regulatory requirements.
Strong background in analyzing regulatory requirements and conducting control assessments.
Who We Are:
Were proud of our past thrilled with our present and couldnt be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.
As a credit union LMCU is a not for profit institution owned by its members instead of corporate stock holders. We are accountable directly to our members and they directly share in our success benefitting by lower and fewer fees better savings and checking interest rates lower cost mortgages and a host of other advantages that simply dont exist at traditional banks.
Its about always doing whats best and right for our members it guides everything we do.
From friendly knowledgeable and professional employees who greet you by name to offering stellar value at every turn LMCU works for its members.
Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day. As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members lifetime financial needs.
Youll be encouraged to innovate and excel and were committed to your empowerment as an employee providing ongoing training development support and opportunities for you to achieve your career goals.
Have additional questions about the role
You may email us at: .
If you lack access to the internet or internet connectivity or have a disability that hinders your ability to apply online please choose one of the following options to obtain assistance:
Call us at:
Mail your resume to: 5664 Prairie Creek Drive Caledonia MI 49316
Please Note: These options are reserved for use by individuals requesting an accommodation as a candidate. Information received via these options will be routed to our HR team who will provide appropriate assistance to facilitate the completion of LMCUs online application.
Required Experience:
Manager
Employment Type
Full-Time
