WISCONSIN CREDIT UNION LEAGUE
Risk and Compliance Manager- Prospera Credit Union
WISCONSIN CREDIT UNION LEAGUE, Madison, Wisconsin, us, 53774
Summary
Prospera Credit Union is seeking a Risk and Compliance Manager. This role oversees compliance with laws and regulations by developing and updating policies and procedures, reviews audits for effective controls and operational efficiency, and maintains internal control documentation. The position manages the Credit Union's Business Continuity and Disaster Recovery programs, as well as vendor management records. This role serves as the BSA/OFAC Officer for the credit union and is a member of the Risk Committee of the Board of Directors (along with the CFO and CEO). Responsibilities
Regulatory Compliance (BSA, OFAC, CTR, etc.) — Serve as the primary lead for ensuring the credit union's compliance with federal and state laws, regulations, and industry guidelines, with a strong emphasis on BSA, AML, OFAC, and CTR requirements. Develop, maintain, and implement compliance policies and procedures, keeping them current with evolving regulations. Coordinate and deliver compliance training programs for all employees to promote a culture of awareness. Monitor the regulatory landscape for new and changing requirements and assess their potential impact on credit union operations. Assist in preparing for and responding to regulatory examinations and audits related to compliance. Oversee the accurate and timely filing of all required regulatory reports, including SARs, CTRs, and OFAC blocking/reject reports. Fraud Prevention and Investigation (20%) — Lead the development and execution of fraud prevention strategies, policies, and procedures. Monitor suspicious activity and transactions, and conduct initial investigations into potential fraud. Work with relevant departments to implement controls to minimize fraud risk. Assist in the recovery of funds and coordinate with law enforcement as needed. Provide guidance and training to staff on identifying and reporting suspicious activities. Audit and Internal Controls (15%) — Develop the annual audit plan; perform audit procedures, report findings and recommendations; coordinate external audits; lead BSA/OFAC reporting, auditing, and compliance, as well as the Business Continuity Plan and Disaster Recovery. Vendor Management (10%) — Oversee third-party vendor relationships, rate vendors, and manage related records. Chair the vendor oversight committee and oversee the TPV program. Management Responsibilities (10%) — Oversee and serve as backup to the Fraud Compliance Specialist; contribute to development and annual reviews. Qualifications
Three to five years of risk and compliance experience, including people leadership; a bachelor's degree or formal certifications recognized as equivalent. Strong ability to resolve conflicts, build relationships, and solicit cooperation while maintaining discretion. Ability to handle confidential matters with diplomacy and tact in communication. About the Organization
Prospera Credit Union is a local, member-owned financial institution in the Fox Valley area. We offer competitive compensation, an excellent benefits package, and a fun, friendly, team-oriented atmosphere. Prospera Credit Union is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Information collected regarding categories as provided by law will in no way affect the decision regarding an employment application. How to Apply
For more information, or to apply now, you must go to the website below. Please DO NOT email your resume; we ONLY accept applications through our website. Click Here to apply!
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Prospera Credit Union is seeking a Risk and Compliance Manager. This role oversees compliance with laws and regulations by developing and updating policies and procedures, reviews audits for effective controls and operational efficiency, and maintains internal control documentation. The position manages the Credit Union's Business Continuity and Disaster Recovery programs, as well as vendor management records. This role serves as the BSA/OFAC Officer for the credit union and is a member of the Risk Committee of the Board of Directors (along with the CFO and CEO). Responsibilities
Regulatory Compliance (BSA, OFAC, CTR, etc.) — Serve as the primary lead for ensuring the credit union's compliance with federal and state laws, regulations, and industry guidelines, with a strong emphasis on BSA, AML, OFAC, and CTR requirements. Develop, maintain, and implement compliance policies and procedures, keeping them current with evolving regulations. Coordinate and deliver compliance training programs for all employees to promote a culture of awareness. Monitor the regulatory landscape for new and changing requirements and assess their potential impact on credit union operations. Assist in preparing for and responding to regulatory examinations and audits related to compliance. Oversee the accurate and timely filing of all required regulatory reports, including SARs, CTRs, and OFAC blocking/reject reports. Fraud Prevention and Investigation (20%) — Lead the development and execution of fraud prevention strategies, policies, and procedures. Monitor suspicious activity and transactions, and conduct initial investigations into potential fraud. Work with relevant departments to implement controls to minimize fraud risk. Assist in the recovery of funds and coordinate with law enforcement as needed. Provide guidance and training to staff on identifying and reporting suspicious activities. Audit and Internal Controls (15%) — Develop the annual audit plan; perform audit procedures, report findings and recommendations; coordinate external audits; lead BSA/OFAC reporting, auditing, and compliance, as well as the Business Continuity Plan and Disaster Recovery. Vendor Management (10%) — Oversee third-party vendor relationships, rate vendors, and manage related records. Chair the vendor oversight committee and oversee the TPV program. Management Responsibilities (10%) — Oversee and serve as backup to the Fraud Compliance Specialist; contribute to development and annual reviews. Qualifications
Three to five years of risk and compliance experience, including people leadership; a bachelor's degree or formal certifications recognized as equivalent. Strong ability to resolve conflicts, build relationships, and solicit cooperation while maintaining discretion. Ability to handle confidential matters with diplomacy and tact in communication. About the Organization
Prospera Credit Union is a local, member-owned financial institution in the Fox Valley area. We offer competitive compensation, an excellent benefits package, and a fun, friendly, team-oriented atmosphere. Prospera Credit Union is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Information collected regarding categories as provided by law will in no way affect the decision regarding an employment application. How to Apply
For more information, or to apply now, you must go to the website below. Please DO NOT email your resume; we ONLY accept applications through our website. Click Here to apply!
#J-18808-Ljbffr