AVP of Compliance

Nusenda Credit Union is dedicated to excellent member service, care for our community, and being a great place to work. We strive to make a positive difference in the lives of our members and the communities we serve to help them achieve their financial goals. Diversity, equity, and inclusion are part of our culture and values.

As an employer of choice, we invest in people and their careers. Our competitive employee benefits include several health and wellness options, competitive 401(k) matching contributions, professional development, and tuition assistance and more!

Thank you for your interest in joining the Nusenda team!

We are currently seeking an Assistant Vice President of Compliance to join our organization. As the AVP of Compliance
, you’ll be responsible for ensuring Nusenda’s compliance with NCUA regulations, state, and Federal laws. You’ll support the development, implementation, and administration of the credit union’s Compliance Department serving as the board-appointed Compliance/BSA Officer. You’ll oversee the BSA program, conduct OFAC monitoring, manage legal, and government service required activities. Additional responsibilities include serving as a liaison between Government agencies such as FinCEN, FBI, IRS, for official business support, outside compliance counsel for research matters, and external audits while overseeing the coordination and execution of Internal Audit activities.

• Oversee, coordinate, and assist in the daily activity of the Compliance department(s) and resources to include assignment of duties and special projects, monitoring workload and productivity, planning and prioritization, problem resolution, and develops recommendations for change or improvement.
• Responsible for the maturation, proactive assessment, and enhancements for regulatory compliance programs applicable to the organization’s size and complexity.
• Ensure compliance with regulations, high-risk account compliance (MRB, MSB, FNA, and Hemp), training, marketing, retail and fraud support, and other legal or government related service activities.
• Collaborate with the Supervisory Committee, Chief Risk Officer, senior leadership team, and third parties to ensure operational adherence with regulatory requirements.
• Work with internal audit specialist and Compliance Manager to complete in depth research and analyzes on new and changing regulations to identify potential impacts to policy and opportunities for the organization, by partnering with the Compliance Manager and third-party compliance legal expertise for support as needed.
• Responsible for the maturation, proactive enhancement and ensuring due diligence is demonstrated for the organization’s Bank Secrecy Act (BSA) program applicable to the organizations size and complexity.
• Collaborate with the Board, Senior Leadership team, and the BSA Manager to ensure operational adherence with overall BSA requirements including policy, procedure, monitoring, reporting, training, and record retention.
• Direct and complete in-depth research and analyze new and changing BSA rules and regulations to identify potential impacts and opportunities for processes, reporting, training and systems.
• Responsible for BSA vendor management and system use, including staff facing Currency Transaction Reporting (CTR), Suspicious Activity Reporting and Anti Money Laundering red flag alert processing.
• Direct the preparation and review monthly and quarterly metric BSA reports.

• Five years to eight years of similar or related experience
• Bachelor’s degree in Business Administration or related field. Industry Compliance and BSA Certifications such as NCCO - NAFCU Certified Compliance Officer, NCBSO - NAFCU Certified Bank Secrecy Officer, CCUIA – CUNA Certified Credit Union Internal Auditor and Certified Cannabis Banking Professional preferred.

• Strong knowledge of federal and state banking regulations and experience in conducting audits and analyzing data to assess regulatory risk.
• Exceptional verbal, written, and presentation skills with the ability to work with multiple levels of the organization.
• Development, performance management,…