Position Title: Vice President, Risk & Compliance
Reports to: First Vice President, Enterprise Risk Management
Grade Level: 16
Full Salary Range: $120,574.45 - $180,861.67
Hiring Salary Range: $120,574.45 - $150,718.06
Position Summary:
The Vice President, Risk and Compliance is responsible for administering the Credit Unionโs Compliance Management System (CMS) and providing independent secondโline oversight of regulatory compliance risk. This role ensures compliance with applicable federal and state laws and regulations and serves as the primary subject matter expert for complianceโrelated risk. Duties must be accomplished in compliance with federal and state laws and in accordance with the credit unionโs policies and procedures and with constant attention to Aleroโs creed, vision, mission and goals.
Duties and Responsibilities:
- Administer and maintain the Vendor Management System (VMS).
- Conduct, update, and document the Compliance Risk Assessment.
- Monitor regulatory changes and ensure timely implementation across the organization.
- Maintain and review complianceโrelated policies, procedures, and disclosures.
- Oversee compliance monitoring, testing, and validation activities.
- Coordinate and manage regulatory compliance examinations and responses.
- Provide compliance guidance, advisory support, and training to firstโline business units.
- Advise executive leadership on compliance risks, trends, and emerging regulatory issues.
- Track compliance issues and escalate material risks to the First Vice President, Enterprise Risk Management.
- Support fair lending, UDAAP, and broader consumer protection initiatives.
- Perform all other duties as assigned
Qualifications:
Education and Experience
- Bachelorโs degree required; professional compliance certification preferred (CRCM, NCCO).
- 7โ10 years of experience in financial institution compliance.
Skills and Competencies
- Strong working knowledge of consumer protection and safetyโandโsoundness regulations.
- Proven experience managing regulatory exams and interacting with examiners.
Benefits
- Health, Vision, Dental Insurance
- Long-term Disability Insurance
- Critical Illness
- Life Insurance
- 401(k) match
- Profit sharing
- PTO
- Flexible Spending Account
- Tuition Reimbursement
- Pet Insurance
- Commuter Benefit
While performing the duties of this job, the employee is frequently required to sit, view information on a computer screen, and talk or hear. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Telephone conversations may be monitored or recorded for the purposes of training, coaching, feedback and quality assurance on an unannounced basis.