Lead Compliance Advisor

Compliance Advisory Services

In this role, you will support deposit programs, such as checking and savings products, and provide consumer compliance advisory services. Provide consulting to help the first line of defense understand applicable regulatory requirements and the appropriate risk-based control framework to manage compliance risk within the defined compliance risk appetite. Develop and evaluate Compliance Management System ("CMS") components, such as risk assessments, policies, procedures, issues management, controls and monitoring, and reporting, for assigned advisory support teams.

Responsibilities

• Assist the risk assessment manager by providing consulting on regulatory requirements and conduct privacy risk assessments primarily supporting the Deposits (Checking & savings) business.
• Develop working knowledge of business areas' products, services, operations, third parties, and strategy.
• Provide effective challenge and advice through interaction with first line partners and risk management peers to influence outcomes regarding the Alliant CMS.
• Develop and evaluate the Compliance Management System (CMS) components such as assistance with risk assessments, policies, procedures, issues management, controls and monitoring, and reporting for their assigned advisory support teams.
• Assist in risk assessments to evaluate the effectiveness of the CMS within assigned business areas and work with the first line of defense to appropriately address identified gaps.
• Support product and service development and provide compliance advice to project teams including reviewing policies and procedures, member communications, and account disclosures.
• Provide effective challenge and compliance advice through regular interaction with first line partners and risk management peers to influence outcomes regarding the CMS.
• Consult with and advise issues remediation teams on the comprehensiveness of issue remediation plans to ensure identification of root cause, timely restitution to impacted members, and successful updates to the CMS to prevent a recurrence.
• Responsible to work with regulatory exams and internal audit preparation, including assistance with fieldwork and remediation.
• Assist the compliance advisory leader with CMS enhancements across the organization.
• Partner with complaint management and marketing teams to review materials and advise on compliance risk such as marketing materials, complaint documentation, supporting information or evidence.
• Participate on project teams to serve as a trusted advisor to the various product and service teams.

Education :

Years of Experience :

In Lieu of Education :

Compensation & Benefits :

Typical hiring range : $99,200 - $140,100 Annually. Actual compensation will be determined using factors such as experience, skills & knowledge.

Additional Compensation : Annual performance bonus

Benefits : Alliant provides a benefits package including health care, vision, dental, and 401k with employer match.

Additional Benefits :

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.

The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.