Job Description
Job Location: Compliance - Chadds Ford, PA 19317
Position Type: Full TimeEducation
Level: 4 Year Degree
Salary Range: $66,799.00 - $100,194.00 Salary
Summary
- Executes and oversees day-to-day components of the Credit Union’s Compliance Program. Performs core compliance activities while providing operational and administrative support to ensure the program runs efficiently and effectively. Ensures compliance tasks are completed accurately, timely, and consistently. Supports monitoring, tracking, and follow-up activities and escalating potential issues as appropriate.
Key Responsibilities
- Provides oversight and direction to staff including hiring; communicating expectations; planning, monitoring and evaluating performance; coaching, counseling and developing employees; recommending compensation actions, and coordinating and enforcing systems, policies and procedures.
- Manages day-to-day operational and administrative compliance functions, helping to ensure timely execution of departmental priorities.
- Monitors regulatory updates and assists in interpreting and communicating changes to appropriate stakeholders as directed.
- Coordinates Internal Audit activities by tracking audit plans, findings, and remediation efforts. Follows up with responsible parties to support timely resolution and keep management informed of status.
- Maintains and administers the centralized repository for Board and Management policies, including coordinating reviews, updates, approvals, distribution, and tracking acknowledgments.
- Supports compliance risk assessment activities through data gathering, documentation, and tracking of mitigation efforts. Escalates potential risks or control gaps to management as appropriate.
- Supports oversight of day-to-day vendor management activities.
- Assists in the preparation and coordination of materials for management committees and Board meetings, including compiling meeting packets, maintaining minutes, and tracking follow-up on action items.
- Performs routine compliance reporting, metrics tracking, and documentation management; ensure records are accurate, complete, and well-organized.
- Monitors compliance training requirements and assist with the administration of training initiatives.
- Is responsible for adhering to operational controls, including being compliant with all required regulations and policies such as the Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) to ensure the safety and soundness of the Franklin Mint Federal Credit Union and its members.
QualificationsEducation/Experience
- Bachelor’s degree in Business, Finance, Legal Studies, or a related field preferred; equivalent experience may be considered.
- 3+ years of experience in a compliance, audit, or regulatory environment within a financial institution or similarly regulated industry.
- 2+ years of experience providing work direction, training, or supervision to staff preferred
- Working knowledge of applicable regulatory requirements, compliance practices, and general vendor management and risk concepts.
Other
Qualifications
Strong demonstrated abilities required:
- Interpersonal/Team Player
- Presentation Skills
- Motivated/Works Independently
- Analytical/Problem Solving
- Organizational Skills
- Project Management Skills
- Detail Oriented
- Verbal/Written Skills
- Microsoft Office
- Prioritize/Multi-task
Also required:
- Ability to work a flexible schedule
- Must maintain confidentiality
- Strong working knowledge of multiple business lines and associated processes within a financial institution.
Physical Requirements
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
- Ability to sit for extended periods; occasional standing
- Frequent use of hands/fingers for typing and operating standard office equipment
- Ability to hear and speak clearly
- Visual acuity to read computer screens and written documents
- Minimal physical exertion; occasional walking
Other Duties
- This job description is not intended to be an all-inclusive list of responsibilities required for this job. Responsibilities may be assigned or changed at any time.
What we offer to our team members:
- A competitive salary
- Team Based Incentives and Performance Bonus Opportunities
- Referral Incentive Opportunities
- Generous Paid Time Off
- Medical, Dental and Vision plans
- Health Savings Account with employer contribution
- Flexible Spending Accounts
- 401K with employer contribution and match
- Employer paid life insurance/AD&D
- Supplemental insurance plan options
- Employer paid Short and Long term disability programs
- Paid Family Leave
- Tuition Reimbursement
- Training and Development Programs
- Paid Holidays
- Paid Volunteer Time Off
- Employee Assistance Programs
- Pet Insurance
Equal Employment Opportunity
- FMFCU/SFN is an equal opportunity employer and prohibits discrimination against any applicant or employee based on any legally-recognized basis, including, but not limited to: race, color, religion, sex (including gender identity, sexual orientation, and pregnancy), age (40 and over), national origin or ancestry, physical or mental disability, genetic information, veteran status, uniformed service member status or any other status protected by federal, state or local law.
Offered pay rate for this position typically aligns with the minimum to midpoint of the salary range and varies based on factors such as qualifications and experience, budget, and internal alignment.