AVP - Risk Management - Compliance & Fraud

Whats in it for you as an AVP Risk Management Compliance & Fraud:

• Opportunity to be part of a growing organization.
• Work in an environment that focuses on people not just profits.
• Full Benefits Package: 401k Medical Dental Life Paid Time Off.

The basics of an AVP Risk Management Compliance & Fraud:

• Monday Friday from 8:00 am 5:00 pm with flexibility
• Position is located at headquarters and there maybe opportunities to work remotely

What youll do as an AVP Risk Management Compliance & Fraud:

• As the AVP Risk Management Compliance & Fraud you will oversee and manage the Credit Unions comprehensive Compliance and Fraud programs with a focus on regulatory adherence financial crime prevention and risk management. This role involves developing implementing and monitoring procedures to ensure compliance with federal and state laws as well as industry standards. This role will also provide guidance and training to staff on compliance and fraud matters and act as the primary liaison with regulatory bodies.

Duties and Responsibilities:

Compliance Program Oversight:

• Lead and oversee all aspects of the regulatory adherence including financial crime and risk programs including the CIP Program customer due diligence processes and transaction monitoring for AML CTF and sanctions compliance.
• Stay abreast of regulatory changes and industry best practices ensuring the credit unions compliance programs are up to date. Interpret legislation or pending legislation and develop strategies for ensuring organizational compliance.
• Audit organizational programs or practices and identify actual or potential compliance risk; suggest and oversee implementation of risk mitigation strategies.
• Act as the company representative during inspections by external authorities or governing bodies.
• Work closely with senior management to develop update and maintain compliance policies and procedures. Ensure all policies are effectively communicated and implemented across the organization.
• Ensure proper documentation of compliancerelated issues and resolutions.
• Develop and deliver compliancerelated training sessions.

Fraud Program Oversight:

• Oversee the fraud prevention program ensuring effective measures are in place to detect and prevent fraudulent activities.
• Work with legal contacts and local state and federal authorities to stay abreast of current fraud schemes.
• Provide expertise and leadership regarding investigations into membership fraud.
•  Investigate allegations of illegal improper or unethical conduct by employees or company representatives.
• Collaborate with internal and external stakeholders to address fraud risks and implement corrective actions.
• Report fraud incidents to regulatory bodies as required.
• Provide guidance and training to staff on fraud prevention matters.

Team Leadership:

• Directly manage and lead a team of Compliance and Fraud associates providing guidance and support while fostering a collaborative work environment. Oversee all aspects of supervisory responsibilities to include scheduling performance coaching daily workflow training etc.
• Attract hire coach and engage assigned staff through servant leadership and continuous coaching.
• Conduct regular team meetings to communicate goals share updates and address challenges.
• Reinforce the Credit Unions mission vision and core values by serving as a culture agent motivating team members to achieve higher standards.

Data Analysis and Investigation Management:

• Manage and coordinate the gathering and analysis of data related to account investigations collaborating with key internal and external stakeholders.
• Oversee the review of alerts generated from all monitoring system ensuring thorough analysis and appropriate action.
• Maintain analyze and evaluate fraud detection and compliance systems and tools to ensure effectiveness while using all available automation and resources.

Collaboration and Support:

• Collaborate with internal and external stakeholders including senior staff and regulatory bodies to address compliancerelated inquiries and provide necessary support.
• Support the development and implementation of compliance training programs for all staff. Collaborate with the Learning & Development team to ensure that training is appropriate and robust.

Other:

• Comply with the credit union Bank Secrecy Act (BSA) Policy and Anti Money Laundering and Member Due Diligence Procedures. The BSA training is to be completed within 90 days of employment and annually thereafter.
• Complete compliance and career development training as assigned.
• Other duties as assigned.

Qualifications :

Must haves for an AVP Risk Management Compliance & Fraud:

• Skills: Strong leadership and team management skills. Excellent communication interpersonal and collaboration skills. Ability to handle sensitive information with confidentiality. Ability to make informed decisions and recommendations based on investigative findings. Proficiency in using compliance software and tools.
• Experience: 7 years of progressively responsible experience in compliance roles within the financial industry in organizations with greater than 1B in assets with a focus on AML CTF and sanctions. Indepth knowledge of regulatory compliance requirements and industry best practices. Proven experience in data analysis investigation management and reporting.
• Education: Bachelors degree in Criminal Justice Business Administration Finance or related field.

Nice to haves for an AVP Risk Management Compliance & Fraud:

• Education: Law degree. Professional certifications such as Certified Regulatory Compliance Manager (CRCM) or similar.
• Experience: Familiar with DNA and Verafin systems. Background in compliance law.

Additional Information :

All your information will be kept confidential according to EEO guidelines.

Remote Work :

No

Employment Type :

Fulltime