Director of Compliance

Financial Staffing Resources, Ltd.; Dallas (TX); Hybrid; USD 99,000 - 121,000; Full time

Job summary

Financial Staffing Resources, Ltd. in Dallas seeks an experienced Director of Compliance to lead the credit union's compliance program and oversee the administration of complex member accounts. You will ensure policies and procedures comply with applicable laws and coordinate regulatory changes and trainings.

The role is hybrid with 3 days in the Dallas office and 2 days remote, reporting to the CFO and supervising two employees. Strong leadership and regulatory expertise are required.

Qualifications

• 10+ years of similar or related compliance experience.
• High school diploma or GED required.
• Credit Union Compliance Officer certification preferred.
• Strong communication and interpersonal skills.
• Ability to motivate, influence, and train others.

Responsibilities

• Compliance management: analyze federal and state laws affecting credit union operations.
• Develop and update policies and procedures to ensure regulatory compliance.
• Communicate regulatory changes to departments and implement procedures on time.
• Maintain current knowledge of applicable laws to keep policies compliant.
• Coordinate projects involving disclosures, policy changes, and compliance procedures.
• Prepare and present reports to the Board regarding compliance activities.
• Oversee complex member accounts administration including fiduciary accounts.
• Lead relationships with management, regulators, and external contacts.

Job description

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.

Job Description

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

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.

Qualifications

Minimum of 10years 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.

Additional Information

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).