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Financial Staffing Resources, Ltd.

Director of Compliance

Dallas, TX, US · Hybrid · Full-time

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About the role

ComplianceLeadership
FSR is a leading provider of premier talent for credit unions (Direct -Hire) specifically recruiting for the credit union industry.  Our experienced placement professionals have an unparalleled understanding of our client’s business culture and candidate expectations. We expertly match our candidates talent to our clients need for any all staff levels within the credit union organization, from teller to CEO we can make it happen for you. We are seeking an experienced Director of Compliance to manage the credit union's formal compliance program and oversee the administration of complex member accounts. This position is responsible for ensuring the credit union's policies and procedures comply with applicable federal and state laws and regulations. The Senior Director will analyze new and pending regulatory requirements, develop and update compliance policies, and ensure affected departments are informed of changes and implement required procedures in a timely manner. This is a hybrid position: 3 days required in Dallas office, 2 days WFH (if desired).  This position reports directly to the Chief Financial Officer and supervises two employees. Key Responsibilities Compliance Management - Analyze new and pending federal and state laws and regulations affecting credit union operations. - Develop, review, and update policies and procedures to ensure ongoing regulatory compliance. - Communicate regulatory changes to affected departments and ensure new procedures are implemented within established timeframes. - Maintain current knowledge of applicable federal and state laws to ensure the credit union's policies and procedures remain compliant. - Coordinate projects involving regulatory disclosures, policy changes, and compliance procedures. - Review forms, disclosures, advertisements, and other materials for regulatory compliance. Compliance Training and Resources - Develop and maintain a library of compliance resources. - Work directly with the credit union's training department to develop and deliver effective compliance training for employees and volunteers. - Ensure management and staff are informed of regulatory changes affecting their areas of responsibility. Regulatory Examinations and Reporting - Prepare and present periodic reports to the Board of Directors regarding the credit union's compliance activities. - Work with regulatory examiners and auditors to ensure compliance matters are appropriately addressed. - Monitor corrective actions related to compliance deficiencies identified during examinations and audits. - Ensure compliance reports are prepared accurately, professionally, and within required deadlines. - Keep management informed of significant operational and compliance matters affecting the credit union. Complex Member Accounts Oversight - Oversee the administration of complex member accounts, including IRAs, trust accounts, deceased member accounts, estate accounts, and business accounts. - Ensure procedures governing these accounts are established, reviewed, and updated as necessary. - Provide leadership oversight of this function. Direct experience administering fiduciary or complex member accounts is not required. Leadership and Professional Responsibilities - Supervise two direct reports. - Maintain effective working relationships with management, employees, members, regulatory agencies, and other external contacts. - Promote a professional, courteous, and friendly environment for members and staff. - Maintain regular attendance and report to work as scheduled. - Perform other related duties as assigned. - Minimum of 10 years of similar or related experience. - High school diploma or GED required. - Credit Union Compliance Officer certification preferred. - Strong communication and interpersonal skills. - Ability to work effectively with others on sensitive or confidential matters. - Ability to motivate, influence, and train others. - Ability to develop and maintain productive relationships with internal departments and external organizations. - Ability to communicate and gain support for policies, procedures, and regulatory requirements. Compensation & Benefits:  $110K, robust benefits package and much more! This is a hybrid position: 3 days required in Dallas office, 2 days WFH (if desired).