Compliance Officer

Veritas Partners; Washington (District of Columbia); On-site; USD 110,000 - 170,000; Full time

Job summary

Veritas Partners seeks an experienced Compliance Officer (Financial Services) for the DC area. The role focuses on developing and managing a credit union-wide compliance training program and serving as the primary liaison for regulatory exams and internal audits.

The ideal candidate has 5–10 years in compliance, risk, or audit within financial services, with strong lending compliance knowledge (TILA, Reg Z, ECOA, RESPA, FDCPA). A bachelor’s degree and relevant certifications are preferred.

Qualifications

• Five-ten years of related compliance, risk, and/or audit experience in the financial services industry.
• US Citizenship required.
• Strong lending compliance/consumer protection knowledge: TILA, Reg Z, ECOA, RESPA, FDCPA.
• Banking compliance experience is a must.
• Credit union/NCUA experience strongly preferred.
• Experience with Quality Control and Quality Assurance in deposits and lending.
• Experience drafting and reviewing compliance policies, procedures, training materials, complaint responses and marketing material.

Responsibilities

• Develops and manages credit union wide compliance training program. Proactively updates training to reflect changes in laws and regulations.
• Point of contact on all Compliance exams and the compliance portion of any other exams and internal audits.
• Facilitates remediation of compliance audit findings by training staff to correct and prevent violations.
• Assists in vendor due diligence and special projects to evaluate risks.
• Evaluates impact of regulatory changes and informs stakeholders; implements changes timely.
• Designs and coordinates preparation and ongoing review of policies, procedures, training materials, and communication tools.
• Plans and assigns the annual compliance training plan for the CU.
• Drafts and reviews regulatory compliance policies and procedures for annual approval.
• Provides research and answers to compliance-related questions across the credit union.
• Provides regulatory guidance and advice to Lending, Retail Banking, Digital Banking, etc.

Skills

Compliance knowledge

Risk management

Auditing experience

US Citizenship

Education

Bachelor's degree in business, accounting or related field

Advanced degree preferred

Certification in compliance (NCCO/CRCM/CF)

Job description

Compliance Officer (Financial Services) - DC area

Responsibilities

• :Develops and manages credit union wide compliance training program. Proactively manages and updates training to ensure changes in relevant laws and regulations are indoctrinated into all affected departments and personnel
• .Point of contact on all Compliance exams and the compliance portion of any other exams and internal audits
• .Facilitates remediation of compliance audit findings by training staff to make corrections and prevent future violations
• .Assists in vendor due diligence and special projects as directed by management to evaluate risks
• .Evaluates the impact of existing and new regulatory changes to ensure appropriate stakeholders are informed and necessary changes are implemented timely
• .Designs, develops, and coordinates the preparation and ongoing review of policies, procedures, training materials, and other communication tools to ensure departments meet compliance requirements
• .Plans and assigns the annual compliance training plan for the CU
• .Drafts and reviews regulatory compliance policies and procedures for the annual approval
• .Performs appropriate research and provides answers and/or solutions to compliance-related questions from across the credit union
• .Provide regulatory guidance and advice to Lending, Retail Banking, Digital Banking, etc

.
Qualification

• s:Five-ten years of related compliance, risk, and/or audit experience in the financial services indust
• ryMust be US Citiz
• enStrong lending compliance/consumer protection knowledge is absolutely key: TILA, Reg Z, Fair Lending, Fair Credit Union Act, ECOA, RESPA, ECOA, FDCPA, UDA
• APBanking compliance experience is a mu
• stCredit union/NCUA experience issly preferr
• edBachelor’s degree in business, accounting or related field; banking schools and/or an advanced degree is preferred. Or equivalent combination of education and experien
• ceProfessional certification in the field of compliance or auditing is preferred such as NCCO, CRCM, and CF
• E.Experience with Quality Control and Quality Assurance in a Financial Institution with specific experience in deposits and lending is require
• d.Experience drafting and reviewing compliance policies, procedures, training materials, complaint responses and marketing material