Risk Management & Compliance Consultant
REPORTING RELATIONSHIPS
Position Reports To:
VP, Risk Management & Compliance
Position Supervises: N/A
Summary of Position
Provides comprehensive compliance assistance to Credit Unions.
____________________________________________________________________________
ESSENTIAL FUNCTIONS
• Work with client Credit Unions in developing and maintaining a compliance program, complete risk assessments, and specialized reviews.
• Develop and review each department’s compliance procedures to improve compliance with applicable federal and state laws and regulations.
• Evaluate and recommend changes to policies, forms, etc. to improve compliance with applicable laws and regulations.
• Coordinate implementation of new laws and regulations affecting Credit Unions with Credit Union management, including updating policies to reflect changes caused by new regulations.
• Compile and maintain training materials and conduct training sessions for new and existing employees.
• Coordinate with regulatory examiners and external auditors during examinations to ensure that compliance issues are adequately addressed where appropriate.
• Assist with gathering pertinent information to comply with state and federal requests that are addressed to Credit Unions.
• Serve as an educational resource at League and chapter events, as necessary.
• Support and assist Cornerstone League and Cornerstone Resource departments with compliance topics, information, and data as needed.
NOTE: The list of essential functions is not exhaustive. It may be supplemented as necessary from time to time.
____________________________________________________________________________
QUALIFICATIONS
Education/Certification: A combination of education or experience that demonstrates the ability to perform the essential functions of the position. A bachelor’s degree in business, finance, accounting, or related discipline is a plus, but not required. Compliance certification is desired.
Required Knowledge: Professional, well-developed interpersonal and communication skills necessary for interacting with credit union personnel and serving as a representative of the Cornerstone League & Affiliates. Work requires extensive knowledge of the Credit Union system and federal and state regulations affecting the Credit Union movement. Work also requires extensive knowledge of Credit Union operations.
Experience Required: A minimum of three to five years’ experience in Credit Union operations, and/or financial institutions is required.
Skills/Abilities: Must have excellent written and verbal communication skills, attention to detail, and presentation skills. Must be able to work independently. Must maintain confidentiality and be member/ owner service-oriented.
____________________________________________________________________________
PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
Work requires sitting for the majority of the day. Work also requires occasional lifting and carrying up to 10 lbs. These activities also require occasional bending, squatting, reaching, and kneeling.
____________________________________________________________________________
WORKING CONDITIONS
No hazardous or significant unpleasant condition (such as in a typical office). Must be able to travel by car or plan to visit client credit unions. This position requires 20% travel within the state of Arkansas, up to a week at a time to credit union locations. May include car or air travel.
____________________________________________________________________________
MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
Reasoning Ability: Ability to apply logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with difficult concepts and complex variables.
Mathematics Ability: Intermediate mathematical skills required (calculations and concepts involving decimals, percentages, fractions, etc.).
Language Ability: Able to read technical journals, abstracts financial reports and legal documents. Ability to prepare articles, abstracts, editorials, journals, manuals, and critiques. Ability to prepare and make comprehensive presentations, participate in formal debate, communicate extemporaneously, and professionally communicate before an audience.
______________________________________________________
Benefits
We believe that our team members are our greatest asset, and we're committed to creating a work environment that supports your personal and professional growth. Here's what you can look forward to as part of our team:
• Comprehensive Health Plans: Your well-being is important to us! Enjoy access to medical, dental, and vision insurance to keep you feeling your best.
• Generous Time Off: Recharge with our unlimited vacation policy, plus paid holidays, to help you maintain a healthy work-life balance.
• Retirement Savings Plan: Plan your future with our competitive retirement savings options, including employer matching to help you reac
Position Reports To:
VP, Risk Management & Compliance
Position Supervises: N/A
Summary of Position
Provides comprehensive compliance assistance to Credit Unions.
____________________________________________________________________________
ESSENTIAL FUNCTIONS
• Work with client Credit Unions in developing and maintaining a compliance program, complete risk assessments, and specialized reviews.
• Develop and review each department’s compliance procedures to improve compliance with applicable federal and state laws and regulations.
• Evaluate and recommend changes to policies, forms, etc. to improve compliance with applicable laws and regulations.
• Coordinate implementation of new laws and regulations affecting Credit Unions with Credit Union management, including updating policies to reflect changes caused by new regulations.
• Compile and maintain training materials and conduct training sessions for new and existing employees.
• Coordinate with regulatory examiners and external auditors during examinations to ensure that compliance issues are adequately addressed where appropriate.
• Assist with gathering pertinent information to comply with state and federal requests that are addressed to Credit Unions.
• Serve as an educational resource at League and chapter events, as necessary.
• Support and assist Cornerstone League and Cornerstone Resource departments with compliance topics, information, and data as needed.
NOTE: The list of essential functions is not exhaustive. It may be supplemented as necessary from time to time.
____________________________________________________________________________
QUALIFICATIONS
Education/Certification: A combination of education or experience that demonstrates the ability to perform the essential functions of the position. A bachelor’s degree in business, finance, accounting, or related discipline is a plus, but not required. Compliance certification is desired.
Required Knowledge: Professional, well-developed interpersonal and communication skills necessary for interacting with credit union personnel and serving as a representative of the Cornerstone League & Affiliates. Work requires extensive knowledge of the Credit Union system and federal and state regulations affecting the Credit Union movement. Work also requires extensive knowledge of Credit Union operations.
Experience Required: A minimum of three to five years’ experience in Credit Union operations, and/or financial institutions is required.
Skills/Abilities: Must have excellent written and verbal communication skills, attention to detail, and presentation skills. Must be able to work independently. Must maintain confidentiality and be member/ owner service-oriented.
____________________________________________________________________________
PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
Work requires sitting for the majority of the day. Work also requires occasional lifting and carrying up to 10 lbs. These activities also require occasional bending, squatting, reaching, and kneeling.
____________________________________________________________________________
WORKING CONDITIONS
No hazardous or significant unpleasant condition (such as in a typical office). Must be able to travel by car or plan to visit client credit unions. This position requires 20% travel within the state of Arkansas, up to a week at a time to credit union locations. May include car or air travel.
____________________________________________________________________________
MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION
Reasoning Ability: Ability to apply logical or scientific thinking to a wide range of intellectual and practical problems. Ability to deal with difficult concepts and complex variables.
Mathematics Ability: Intermediate mathematical skills required (calculations and concepts involving decimals, percentages, fractions, etc.).
Language Ability: Able to read technical journals, abstracts financial reports and legal documents. Ability to prepare articles, abstracts, editorials, journals, manuals, and critiques. Ability to prepare and make comprehensive presentations, participate in formal debate, communicate extemporaneously, and professionally communicate before an audience.
______________________________________________________
Benefits
We believe that our team members are our greatest asset, and we're committed to creating a work environment that supports your personal and professional growth. Here's what you can look forward to as part of our team:
• Comprehensive Health Plans: Your well-being is important to us! Enjoy access to medical, dental, and vision insurance to keep you feeling your best.
• Generous Time Off: Recharge with our unlimited vacation policy, plus paid holidays, to help you maintain a healthy work-life balance.
• Retirement Savings Plan: Plan your future with our competitive retirement savings options, including employer matching to help you reac