Compliance Officer

Veritas Partners; Washington; On-site; USD 110,000 - 170,000; Full time

Job summary

Veritas Partners in the DC area is seeking a Compliance Officer to lead regulatory compliance efforts in financial services. The role focuses on developing and overseeing a comprehensive training program to ensure laws and internal policies are followed across departments.

You will serve as the primary liaison for compliance exams and audits, drive remediation initiatives, and guide policy development while monitoring evolving regulations and industry standards.

Qualifications

• Five-ten years of related compliance, risk, and/or audit experience in the financial services industry.
• Must be US Citizen.
• Strong lending compliance/consumer protection knowledge including TILA, Reg Z, Fair Lending, ECOA, RESPA, FDCPA, UDAAP.
• Banking compliance experience is a must.
• Credit union/NCUA experience is highly preferred.
• Bachelor’s degree in business, accounting or related field; banking schooling or advanced degree preferred.
• Professional certification in compliance or auditing such as NCCO, CRCM, or CFE.
• Experience with Quality Control/Quality Assurance in a financial institution (deposits and lending).
• Experience drafting and reviewing compliance policies, procedures, training materials, and responses.

Responsibilities

• Develops and manages credit union wide compliance training program.
• Proactively manages and updates training to reflect changes in laws and regulations.
• Point of contact on all Compliance exams and audits.
• Facilitates remediation of audit findings by training staff to correct issues.
• Assists in vendor due diligence and special projects to evaluate risks.
• Evaluates impact of regulatory changes and informs stakeholders.
• Designs and coordinates policies, procedures, training materials and communications.
• Plans and assigns the annual compliance training plan for the CU.
• Drafts and reviews regulatory compliance policies for annual approval.
• Provides regulatory guidance to Lending, Retail Banking, Digital Banking, etc.

Skills

Lending compliance

Regulatory knowledge

Auditing

Policy drafting

Training programs

US citizenship

Education

Bachelor's degree in business or accounting

Advanced degree or banking studies preferred

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

• Five-ten years of related compliance, risk, and/or audit experience in the financial services industry
• Must be US Citizen
• Strong lending compliance/consumer protection knowledge is absolutely key: TILA, Reg Z, Fair Lending, Fair Credit Union Act, ECOA, RESPA, ECOA, FDCPA, UDAAP
• Banking compliance experience is a must
• Credit union/NCUA experience is highly preferred
• Bachelor’s degree in business, accounting or related field; banking schools and/or an advanced degree is preferred. Or equivalent combination of education and experience
• Professional certification in the field of compliance or auditing is preferred such as NCCO, CRCM, and CFE
• Experience with Quality Control and Quality Assurance in a Financial Institution with specific experience in deposits and lending is required
• Experience drafting and reviewing compliance policies, procedures, training materials, complaint responses and marketing materials.