Director of Compliance & BSA San Jose
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Job Location:
San Jose, CA - USA
Yearly Salary:
USD 145000 - 155000
Posted on:
7 hours ago
Vacancies:
1 Vacancy
Job Summary
Join Our Team and Make a Difference!
Take your career to the next level at one of Californias most innovative and growing Credit Unions awarded Top Workplaces five years in a row!
At PremierOne Credit Union we strive to carry out our mission to deliver a better financial life to members through every interaction. We look for team players who can contribute the right skills to achieve these goals while keeping focus on our mission. Join our talented and passionate team and be part of a team that values growth innovation and community involvement.
We are now seeking a Director of Compliance & BSA who has:
- 5 years of working in a compliance or risk management role within financial institution is preferred
- Exceptional analytical problem-solving and investigative skills.
- Excellent interpersonal and communication skills for developing and motivating staff
- Strong attention to detail and documentation standards.
- Proactive approach to identifying and mitigating compliance risk.
- Ability to work collaboratively across departments and with senior management.
- High level of integrity and professional judgment
The Director of Compliance & BSA is responsible for safeguarding the financial interests of members and the Credit Union by identifying assessing and mitigating fraud and compliance risks across all operations. Aligns the compliance and fraud functions with the strategic direction of the Credit Union. This role is also responsible for ensuring the policies and procedures of the Credit Union comply with the appropriate laws and regulations and provides strategic direction for risk and fraud prevention.
Essential Job Functions include:
- Develops and leads comprehensive compliance review and monitoring program designed to identify manage and report company wide legal and regulatory compliance risk. Implements a compliance program to effectively review nominated areas of the Credit Union for compliance.
- Analyzes new and pending laws which will affect the Credit Unions current operations develops and periodically reviews and updates the policies and procedures to ensure compliance with the applicable Federal and State laws and regulations notifies all affected parties of changes and the new procedures adopted.
- Provide management oversight of the Credit Union compliance with the Bank Secrecy Act (BSA) vendor management and all fraud related activities across the organization including risk mitigation tactics metrics reporting and trends.
- Coordinates projects that involve information disclosure and policy changes to inform staff of procedures that must be complied partnership with the training department strategically advises on what training to assign to staff based on role and exposure. Responsible for assessing and developing training schedule as it relates to compliance risk and BSA.
- Manage projects required to implement regulatory and legal changes including setting project goals coordinating efforts between multiple departments and monitoring for effectiveness. Partner with departments to implement such changes to products services and processes to ensure compliance.
- Prepares and presents periodic reports to the Board of Directors concerning the Credit Unions current record of compliance. Prepare analyses and present summaries/findings to Credit Union management to assist in decision-making.
- Partner with Lending to provide support and ensure compliance with the following regulations: Fair Lending Home Mortgage Disclosure Act (HMDA) Equal Credit Opportunity Act (ECOA) Truth in Lending Act (TILA) Fair Debt Collection Practices Act (FDCPA) S.A.F.E Act Fair Credit Reporting Act (FCRA) Real Estate Settlement Procedures Act (RESPA) Community Reinvestment Act (CRA) Privacy of Consumer Financial Information and Unfair Deceptive or Abusive Acts or Practices (UDAAP).
- Partner with Member Service to provide support and ensure compliance with the following regulations : Electronic Funds Transfer Act (EFT) Truth in Savings Act (TISA) Availability of Funds and Collection of Checks (Reg. CC) OFAC and Currency Transaction Reporting (CTR).
Education and Preferred Qualifications:
- A bachelors degree or achievement of formal certifications recognized in the industry as equivalent to a bachelors degree
- 5 years of compliance or risk management in banking and financial services
- 5 years in Management/Leadership role
- Strong knowledge of applicable federal and state financial regulations
Fantastic Benefits:
PremierOne Credit Union reflects the value placed on employees by providing the following impressive benefits in addition to competitive salary:
- Medical Dental Vision Life and Long-Term Disability Insurances
- 401(k) including employer match
- Discounts on financial products and services including loans!
- Paid sick leave & vacation
- Company-wide Incentive Plan plus much more!
Salary Range: $145000 to $155000 annually
Apply Now for Consideration!
PremierOne Credit Union is an equal opportunity employer
Required Experience:
Director
Key Skills
- Crisis Management
- Marketing
- Public Relations
- Fundraising
- Media Relations
- Constant Contact
- Strategic Planning
- Social Media Management
- Team Management
- Public Speaking
- Wordpress
- Writing Skills
About Company
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