Director of Enterprise Risk - Berrien Springs (Full-Time)
This is a Hybrid Work Eligible position. You will be required to come into the Operations Center in Berrien Springs, MI as needed to ensure business needs are met.
ABOUT HONOR:
At Honor Credit Union, we've been putting members first since 1934. Our team remains true to our member promise: Providing Solutions For Your Financial Success. Honor members enjoy extraordinary member service at 28 branches, and worldwide through online banking.
OUR TEAM:
As a team member at Honor Credit Union, you are genuinely part of a family. We leave the term "employee" at the door because you're much more than that; you're a valued member of the Honor Team and its success. We don't settle for good; we aspire to be great, and that starts with the people that live out the "I Am Honor" promise every day.
At our core, we are obsessed with providing extraordinary member experience with solutions for financial success. We are rooted in the belief that finances don't have to be intimidating and giving back to the communities we serve is essential. We are made up of outgoing, positive, friendly, and highly experienced people, which creates an inclusive, stimulating atmosphere. Smiling is the epitome of our culture, and like kindness, we believe smiling is contagious - it's no accident that you'll find a smiley face on all things Honor.
COMMITMENTS TO LIVING "I AM HONOR":
- Act with Urgency and Care - You have the direct authority and responsibility to act and seek out solutions.
- The Platinum Rule - Treat others the way they want to be treated.
- Make the Connection - Develop genuine relationships so you can provide a "WOW" experience.
- See a Need, Fill a Need - Seize opportunities to help others meet their needs, whether they are known or unrealized.
- Reason over Rules - Make decisions that are good for the person and good for Honor.
- Cultivate Peace & Love - Uphold an environment where diversity is celebrated, kindness is contagious, and everyone belongs.
WHAT WE ARE LOOKING FOR:
- Accountable for implementing and maintaining a formal regulatory compliance program by overseeing the Internal Audit, Compliance, and Bank Secrecy Act (BSA) functions. This includes implementing company-wide regulatory compliance initiatives, directing credit union compliance policies and procedures, as well as directing certain areas of compliance pertaining to BSA/Anti-Money Laundering (AML), privacy, high-risk accounts (MSB, MRB, and hemp-related), and regulations affecting deposit and lending products.
- Oversees reporting and metrics for enterprise-level risk management functions, including third-party vendor risk management and business continuity.
- Assesses the risk potential of current procedures and institutes new procedures that minimize loss exposure.
- Sets departmental goals, evaluates performance, and provides coaching and development to the Compliance & Audit Team.
- Ensures accurate and up-to-date records are maintained for various compliance-related activities.
- Stays informed of pending and new laws and developments related to enterprise-risk issues, assesses requirements, appropriately revises policies and procedures, and ensures communication and implementation of regulatory changes.
WHAT WE EXPECT FROM YOU:
EDUCATION/CERTIFICATION:
- Bachelor's degree in Law, Finance, Business Administration or a related field; or an equivalent combination training and work experience.
- A Law degree is preferred.
EXPERIENCE REQUIRED:
- Eight to 10 years of similar or related experience and training in regulatory compliance, risk, audit, or appropriate experience for a financial institution is required.
- Must have an understanding of Bank Secrecy Act and AML Regulations, USA Patriot Act, Office of Foreign Assets Control and/or local regulations or consumer fraud issues.
KNOWLEDGE/SKILLS/ABILITIES:
- Must have a demonstrated ability to keep finances in order.
- Must be analytical and have great communication skills.
- Be self-directed and able to work with minimal supervision.
- Strong project management skills, well-organized and have an excellent eye for detail.
- At all times follow the core values of credit union - honesty, truth, respect and integrity.
- Handle issues with tact, diplomacy, and an appropriate sense of urgency.
- Understands and complies with all applicable laws and regulations.
- Exceptional problem-solving skills.
WHAT'S IN IT FOR YOU:
Honor has excellent benefits for all full and part time team members. We offer:
- Medical with prescription coverage, Dental, and Vision.
- 401k employer contribution & matching program.
- Paid time off and paid holidays (including your birthday!).
- Paid community volunteer hours.
- Wellbeing spending account.
- Various discounts on credit union products and services for team members & their families.
- Additional perks included.
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