Sr Compliance Manager

Sr Compliance Manager

Requirements

• Bachelor’s degree in business or equivalent experience.
• Typically requires at least 7 years of compliance experience within a financial institution or financial regulatory agency.

Responsibilities

• Lead Compliance Strategy: Assess and evolve BECU’s compliance program by analyzing current practices and envisioning future-state improvements. Use your knowledge to set a strong, proactive compliance foundation.
• Navigate Regulatory Complexity: Research and interpret federal and state laws, guidance, and regulations. Turn complex legal language into actionable insights that empower business units.
• Evaluate Risk Thoughtfully: Use assessments, monitoring, and data analysis to gauge risk exposure. Develop compliance risk ratings that drive informed, strategic decisions across the organization.
• Translate Regulation into Action: Proactively communicate new or changing regulatory requirements to internal stakeholders. Identify how emerging laws may impact future initiatives like open banking or fintech partnerships.
• Lead Projects that Matter: Guide cross-functional teams in compliance-related projects. Act as liaison to the Technology division to advance compliance related projects. Participate in user acceptance testing and ensure compliance is integrated from day one.
• Champion Consumer Protection: Analyze complaints and concerns related to compliance. Help uncover root causes and create thoughtful, people-centered solutions to mitigate risk and protect members.
• Empower Product Innovation: Provide compliance guidance as new products, services, or geographic expansions are considered — especially those involving fintech or third-party partnerships.
• Drive Remediation with Care: Oversee issue management when deficiencies arise. Support business partners in building effective, lasting remediation plans and monitor progress through resolution.
• Train and Inform with Purpose: Build and deliver engaging training, resources, and tools that help employees understand and apply compliance principles in their everyday roles.
• Collaborate on Vendor Oversight: Participate in all phases of the vendor lifecycle. Ensure third-party partnerships uphold the same high compliance standards we expect internally.
• Support Examinations and Audits: Serve as a key contact for regulatory agencies, auditors, and legal teams. Coordinate responses to findings and collaborate with Legal to ensure accurate interpretations and outcomes.
• Advise with Influence: Provide trusted guidance to executive and senior leadership. Represent the compliance perspective in strategic conversations and internal councils.

Preferred Qualifications

• Advanced degree (e.g., Master’s or Juris Doctor).
• Financial Institution Examination experience or CRCM (Certified Regulatory Compliance Manager) or NCCO (NAFCU Certified Compliance Officer) designation.
• Experience supporting cross-functional initiatives or guiding teams toward resolution of compliance issues.
• Experience managing projects and conducting risk assessments.
• Experience with analytical and document drafting tasks.
• Experience communicating compliance-related information to various stakeholders.
• Ability to manage multiple tasks and meet deadlines.
• Experience applying problem-solving methods to compliance-related issues.
• Proficiency using Microsoft Office and ability to learn new software systems.
• Experience conducting legal research, analysis, and creating formal reports.