Director of Compliance and Risk Management
Company: The Atlantic Federal Credit Union
Location: Springfield
Posted on: April 1, 2026
|
|
|
Job Description:
Job Summary: Provides strategic direction and oversight to the
management team on compliance, audit, and risk management issues.
Ensures audit and risk assessments are being conducted as dictated
by Credit Union policy. Assures that the Credit Union and its
business units adequately identify, measure, monitor and control
the Credit Union’s operational, compliance, strategic and
reputation risks relative to the products, services, and activities
for which they are responsible. Duties/Responsibilities: ·
Coordinate with the executive management team, the development and
maintenance of the risk, audit and compliance management programs.
· Assessing Risk Management Processes: ensure full audits are
performed, including risk management and control management to
ensure that compliance is met within all the company’s systems and
processes, and oversee the implementation of their findings. ·
Develop annual audit calendar and program, manage third party
providers to execute components of the audit program (within
budgetary guidelines). Act as a liaison with auditors ensuring that
requested data is provided as needed. · Determine frequency and
scope of audit based on size, complexity and risk profile of the
Credit Union · Maintaining proficient knowledge of the current AML
compliance climate, including BSA, USA Patriot Act, and OFAC
regulations · Assist with the review of BSA compliance as needed. ·
Performs oversight and at times review, monitoring, and analysis of
various reports, logs, and transaction data to identify trends,
unusual activity, and monitor large currency activity; oversees the
filing of SAR reports, determines if transactions are suspicious in
nature, such as kiting, significant changes in balances, cash
structuring in deposits, loans payments, certificate of deposit
purchases, wire or ACH transfers, monetary instrument sales, new
account openings, etc. · Acting as liaison between regulators,
consultants, auditors, and senior management regarding regulatory,
internal audit, external audit, and compliance matters, ensuring
that Credit Union requested data is provided as needed. · Oversight
of Fair Lending, UDAAP, and consumer compliance risk assessment and
monitoring. · Oversight of vendor due diligence and ongoing
monitoring under the Credit Union’s Third-Party Risk Program. ·
Ensures cybersecurity risk is documented and evaluated through
collaboration with IT and Information Security. Requirements
Education and Experience: · BS or BA degree · CAMS Certification a
plus · 5 years or more of compliance management experience in a
financial institution is required. · NCCO designation preferred. ·
Professional certification in a compliance related field or risk
management preferred. Salary Description $110k-$135k
Keywords: The Atlantic Federal Credit Union, North Bergen , Director of Compliance and Risk Management, Accounting, Auditing , Springfield, New Jersey
