Navy Federal Credit Union

Compensation

Full Description

Description: • Oversee analysis of new and existing federal regulations to ensure Navy Federal compliance • Develop operational strategic plan; identify and address areas of significant risk and evaluate overall effectiveness of operations • Coordinate and supervise the review and analysis of federal regulatory compliance efforts • Prepare responses to regulatory requests for comments and correspondence to support Navy Federal's positions; maintain policies and procedures • Develop strategic implementation plans to ensure cohesive efforts across business units for enterprise-wide initiatives • Identify existing and new issues pertaining to corporate compliance with state and federal regulations and implement necessary policies, strategies and procedures • Act as subject matter expert with business units to ensure regulatory compliance and strengthen operations • Keep AVP, Compliance and business units apprised of compliance status • Oversee Compliance Officers charged with reviewing proposed and final federal regulations and guidance • Provide guidance on issues having department and/or organization-wide impact • Monitor and review new and existing regulations and legislation • Prepare correspondence to Congress and federal regulators for executive signature expressing Navy Federal's positions • Respond to General Counsel and senior management requests for legal interpretation/application of laws and regulations • Lead operational/business analysis and action plans for operational improvement • Perform managerial duties: set performance standards, direction, goals, assignments, and oversee Compliance Analysts and Senior Compliance Officers • Select, assess, reward, counsel and develop team members • Collect, compile and prepare reports and data for management decision making • Ensure compliance with statutory requirements and Navy Federal policies, procedures, rules, regulations and values • Ensure effective management of projects from inception through implementation Requirements: • Extensive experience that demonstrates an excellent understanding/ability to interpret and apply legislative and regulatory compliance guidelines, preferably in a financial institution, including experience with CFPB and NCUA consumer finance regulations • Experienced people leader • Ability to analyze highly complex concepts and articulate logical, coherent, workable solutions and procedures • Extensive project management and supervisory experience directing/facilitating the work of others • Expert planning, organizational and problem solving skills • Expert analytical, reconciliation and deductive reasoning skills • Advanced interpersonal, verbal and written communication skills • Advanced skill in dealing tactfully and diplomatically with all levels of workforce and leadership • Expert skill to exercise initiative, good judgment and make sound decisions • Expert skill to anticipate needs, to execute appropriate project management functions and to document, track and report project status for the management team • Expert skill in document management and a wide range of proprietary and universal software products and other technology • Bachelor's Degree, or the equivalent combination of training, education and experience • Desired: Familiarity with Navy Federal's objectives, functions, and policies • Desired: Expertise in group leadership • Desired: Familiarity with non-lending laws and regulations and consumer-related compliance laws (Regulation E, Regulation CC, TISA, UDAAP, etc.); experience with payments products and modernization (RTP, Zelle, Debit Cards, Checks, Remittances, Wires); error resolution; savings products; security/fraud regulations and standards • Desired: Juris Doctor Benefits: • Highly competitive pay • Generous benefits and perks • Hybrid work arrangement • Standard schedule: Monday - Friday, 8:00AM - 4:30PM • Meaningful career experience and engaged, appreciative culture