Overview
To ensure org-wide compliance with federal regulations. To assist the Manager in leading ongoing operational strategy, and alignment with corporate and departmental strategic goals. To ensure the credit union is in compliance with applicable regulations and established policies and procedures. Oversee all complaints received into the organization and track complaints to determine trends. Provide leadership to professional employees and/or supervisors; responsible for both strategic and tactical issues. (Lead staff and/or supervisors)
Responsibilities
Analyze new and existing federal regulations to ensure that Navy Federal is in compliance with established standards Complex/Difficult
Develop and maintain a fair lending quantitative framework across all business units. Complex/Difficult
Lead fair lending governance efforts such as maintaining quantitative testing policies and procedures and managing the fair lending review calendar. Complex/Difficult
Communicate the results of fair lending testing to executives. Complex/Difficult
Identify existing and new issues pertaining to compliance with state and federal regulations to ensure necessary policies, strategies and procedures are implemented Significant Impact
Resolve problems that arise in the normal course of monitoring and maintaining regulatory and legislative compliance Complex/Difficult
Compile, research and analyze trends in support of projects and initiatives; provides results and recommendations based on analysis Advanced Analysis
Keep Regulatory Compliance Leadership and cognizant business units apprised of compliance status
Analyze and prepare reports and data for management decision making
Act as primary liaison with Navy Federal business units to ensure regulatory compliance in order to facilitate, improve and strengthen business operations
Recommend policy and procedural changes to ensure compliance Considerable Impact
Respond to General Counsel and senior management requests for specific legal interpretation and/or application of laws and regulations Advanced
Develop the department strategy and strategic plan by working with the department executives and leadership, as well as other Navy Federal senior executives Lead
Align department strategic plan and initiatives with corporate strategy and strategic plans Advanced Analysis
Perform supervisory/managerial responsibilities
Ensure adequate/skilled staffing; select employees
Establish performance goals and priorities
Prepare, conduct and review performance appraisals
Develop, mentor and counsel staff
Provide input and/or prepare budget requirements for Annual Financial Plan (AFP)
Ensure section/branch goals and objectives align with division/department strategy
Ensure efficiency of operations
Act as manager in the incumbent's absence
Performs other duties as assigned
Qualifications
Significant Experience in that demonstrates an excellent understanding/ability to interpret and apply legislative and regulatory compliance guidelines, preferably in a financial institution
Significant experience in demonstrating thought-leadership, initiative-taking, decision-making and creativity solving business problems
Significant experience in work which displays increasing levels of responsibility and/or authority
Extensive experience in managing multiple priorities independently and or in a team environment to achieve goals
Expert knowledge of project lifecycles and management methodologies
Ability to represent the business unit in task groups and planning meetings
Significant experience in supervising and leading employees
Advanced in the use of PCs and related Software Package
Advanced organizational, planning and time management skills
Advanced analytical/quantitative, reconciliation and deductive reasoning skills
Expert skill exercising initiative and using good judgment to make sound decisions
Expert verbal and written communication skills
Bachelor's degree in a related field or the equivalent combination of education, training and/or experience
Desired Qualifications
Working knowledge of Navy Federal products, services, programs, policies and procedures
Working knowledge of NCUA rules, regulations and federal laws pertaining to consumer lending
Master's Degree in a related field of study
Hours: Monday - Friday, 8:00AM - 4:30PM
Locations: 820 Follin Ln. Vienna, Virginia 22180 | 5550 Heritage Oaks Dr. Pensacola, FL 32526
About Us
You have goals, dreams, hobbies, and things you're passionate about-what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them-friends, family, and passions. And we're looking for team members who are passionate about our mission-making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it:
- Military Times 2022 Best for Vets Employers
- WayUp Top 100 Internship Programs
- ForbesR 2022 The Best Employers for New Grads
- Fortune Best Workplaces for Women
- Fortune 100 Best Companies to Work ForR
- ComputerworldR Best Places to Work in IT
- Ripplematch Campus Forward Award - Excellence in Early Career Hiring
- Fortune Best Place to Work for Financial and Insurance Services
Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability
Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position
Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.
REQNUMBER: 19495