The Manager, Compliance ensures an effective implementation, maintenance and administration of the Credit Union’s Compliance Program. The role coordinates and performs risk assessment and monitoring activities to ensure that the Compliance Program remains current and is aligned with regulatory requirements. The role works closely with all business groups to ensure regulatory and fiduciary obligations are met. To effectively achieve compliance goals, the Compliance Manager maintains current knowledge of regulatory requirements and developments, monitors risk, identifies and corrects possible gaps and weaknesses. This role advises the lines of business/management on implications of new regulatory policies, Credit Union products, and assists in the implementation of new or revised policies and programs to address them. The role develops and maintains compliance information for analysis and reporting.
Line of Business (LOB) Compliance Program Execution and Monitoring