Compliance Officer | Full-Time

Avadian Credit Union; Birmingham (AL); On-site; USD 85,000 - 120,000; Full time

Job summary

Avadian Credit Union seeks an experienced Compliance Officer to ensure regulatory compliance across the enterprise. This role designs a risk-focused testing program and supports ERM and business continuity, while guiding staff on applicable laws and internal policies.

Responsibilities include monitoring laws, conducting testing, implementing corrective actions, and aiding in audits, disclosures, and policy updates. Equal opportunity employer.

Qualifications

• In-depth knowledge of state and federal banking laws and regulations.
• Excellent writing, communication, and analytical skills.
• Ability to research, interpret, and provide compliant recommendations.
• Ability to handle multiple tasks and work independently.

Responsibilities

• Monitor applicable laws and revise policies as needed.
• Conduct compliance testing and report findings with timely resolutions.
• Manage corrective actions to prevent non-compliance and mitigate risk.
• Advise staff on compliance regulations, policies, and procedures.
• Assist in marketing disclosures and regulatory compliance mitigation.
• Support ERM program, risk assessments, reporting, control effectiveness.
• Maintain knowledge through ongoing training and development.
• Support business continuity program and tabletop exercises.
• Provide support during audits or examinations.
• Follow BSA/OFAC policies and procedures.

Skills

Regulatory compliance

Audit experience

Risk assessment

Policy development

BSA/OFAC knowledge

Written communication

Analytical skills

Education

Bachelor's degree in related field

Job description

Full-time Description

Avadian Credit Union is seeking an experienced Compliance Officer. This individual will ensure the Credit Union's compliance with all applicable laws, regulations, and internal policies. Exercises independent judgment to design and execute a comprehensive, risk focused compliance testing program across all departments. Monitors regulatory developments, assesses emerging compliance risks, and recommends policy and control enhancements to strengthen governance and risk oversight. Provides regulatory guidance impacting business units, products, services, and operations, Supports the administration of the Enterprise Risk Management and Business Continuity programs to ensure effective risk identification, mitigation, and escalation.

Functions & Responsibilities

• Proactively monitor applicable laws and regulations to ensure enterprise wide compliance, identify both existing and emerging risks, and regularly review and revise policies as necessary.
• Conduct compliance testing, report findings, and ensure timely resolution of findings or risks.
• Independently manage or implement corrective actions to prevent non-compliance with applicable laws and regulations and to mitigate risk.
• Serve as a subject matter resource to staff by providing guidance on compliance related regulations, policies, procedures, and other operating rules that may apply.
• Assist in the development, review, and revision of marketing, forms, agreements, and disclosures to ensure regulatory compliance and to mitigate risk.
• Support the Credit Union’s Enterprise Risk Management program by conducting risk assessments, reporting, control effectiveness, and identifying areas in need of risk mitigation.
• Maintain knowledge of applicable compliance requirements through ongoing training and professional development.
• Support the management and maintenance of the business continuity program and assist in the development and implementation of periodic tabletop exercises.
• Provide support during credit union audits or examinations, as needed.
• Responsible for following all BSA/OFAC policies and procedures.
• Prompt and regular attendance is required.
• Perform other duties as assigned.

Requirements

Basic Requirements

• The role requires in-depth knowledge of state and federal laws and regulations governing credit union or bank operations, including loan and deposit products.
• Must have excellent writing, communication, and analytical skills.
• Ability to conduct thorough research, interpret laws and regulations, and provide workable recommendations and solutions to meet regulatory compliance requirements.
• Ability to handle multiple tasks and work independently.

Experience: Five to eight years of Compliance or audit experience in a credit union or bank.

Education: College degree plus advanced coursework or experience in credit union or bank compliance.

Please note - submitting a resume does not guarantee any future action by Avadian Credit Union.

Avadian Credit Union is an Equal Opportunity Employer.