This site uses cookies. To find out more, see our Cookies Policy

Director of Risk Management in Huntington Beach, CA at Nuvision Credit Union

Date Posted: 3/6/2018

Job Snapshot

Job Description

Pay Range: $94,639 -$118,299/annually

Reporting to the Chief Risk Officer, the Director of Compliance, Audit and Enterprise Risk is responsible for working with credit union stakeholders to proactively and continuously improve control environment and develop programs to minimize risk, including: Compliance, Internal Controls, Vendor Management & Insurance and Enterprise Risk Management

This position adds value to the organization by ensuring it remains in compliance with all applicable rules and regulations through the utilization of the most effective and efficient policies, procedures, and practices. This position ensures key controls are in place to mitigate risk, assess and improve cross-departmental risk management processes, oversight of a comprehensive vendor management program and provides efficient management of the Audit and Quality Assurance functions. 


  • Compliance Management (Compliance Officer): Responsible for the overall management of the credit union’s regulatory compliance program. Provide guidance and direction for the development, implementation, communication and maintenance of the credit union’s compliance guidelines to ensure policies and procedures comply with the most up-to-date financial laws and regulations including, but not limited to deposit products, consumer lending, mortgage lending and business lending.
  • Assess the impact of new or amended laws and regulations and coordinate implementation strategies. Make recommendations for regulatory changes and assist the Leadership Team, as needed, in developing and updating policies and procedures that follow compliance guidelines.
  • Collaborates with Learning & Development, Mortgage Lending, Consumer Lending, and Branch Leadership to develop appropriate compliance training plan.
  • Assumes responsibility for ensuring that professional business relationships are established and maintained with contracted third party compliance firm. Oversee collection of Credit Union items requested for quarterly compliance reviews by third party compliance representative. Acts as liaison between Credit Union and third party compliance firm, gathering additional information and materials when requested/required.
  • Ensures that review findings are corrected and documented by appropriate leadership team members. Reviews monthly compliance reports to ensure outstanding items are addressed in a timely manner. Reports findings to Supervisory Committee. Facilitates Compliance Committee meetings and provides general compliance guidance for the various business units. Remains abreast of compliance changes and updates by reading material from NCUA, CUNA, NAFCU, CCUL, CFPB, FRB and legal counsel and attend seminars, webinars and training sessions. Maintain compliance certification(s) by attending required refresher courses and recertification classes.
  • Internal Controls Management (Audit and Exam): Provides guidance, direction and management oversight for the development, implementation, and maintenance of policies related to internal controls; including regulatory exams, financial audits, internal audits and compliance reviews. Acts as liaison between Credit Union and auditors, overseeing collection of Credit Union items requested for audits from regulatory agency/external and internal audit firm. Oversees branch audit/reviews by risk management team. Ensures that findings are corrected and documented by appropriate leadership team members. Reviews monthly audit reports to ensure outstanding items are addressed in a timely manner. Reports findings to Supervisory Committee.
  • Enterprise Risk Management: Development, administration and ongoing review of Enterprise Risk Management Program to understand organizational risks including impacts, likelihood, responses and mitigation for improved organizational prioritization. Establish a structure and process across the organization to identify, communicate and prioritize risks and opportunities. Cross-functionally develop and implement appropriate risk response plans.
  • Quality Assurance: Provides management oversight and guidance to support the review, research, and maintenance of lending quality, suggest improvements and enhancements to existing lending programs, processes, and procedures.
  • Vendor Management: Provides guidance, direction and management oversight for the development, implementation and maintenance of policies and processes related to acquiring corporate contracts and associated documentation related to vendor due diligence, scanning and archiving properly executed, signed contracts and documentation and notifying managers to review and execute new contracts and contract renewals in a timely manner.
  • Insurance: Effectively manages Credit Union corporate insurance coverage for directors, officers, staff, corporate offices and branch locations. Review and update insurance policies to ensure coverage is commensurate with regulatory guidelines.
  • Directs, develops, motivates and disciplines staff as required; monitors performance and design development and training plans for each direct report accordingly; administers performance evaluations and recommends appropriate personnel actions.
  • Works in unison with Risk Management Supervisor to provide guidance as related to BSA/OFAC and Loss Prevention.

Job Requirements


  • Five to seven years of experience in financial regulatory compliance, audit and/or enterprise risk management driving continuous improvement in business outcomes while mitigating risks is required. Seven to ten of experience years is preferred.
  • Proven experience developing an effective compliance, audit and/or enterprise risk program with strong assessment tools and controls identifying risks and opportunities.
  • Evidence of increasing responsibility and supervisory/management experience is necessary.
  • Five years of experience in mortgage regulatory compliance (State Regulations, HMDA, TRID, etc.) is preferred.
  • Thorough knowledge of applicable federal and state financial regulations is required.
  • Thorough knowledge of compliance reviews and reporting, internal controls including regulatory agency exams, internal audit, quality assurance, third party vendor management, enterprise risk management is required.
  • Thorough knowledge of practices and procedures within the financial services industry related to OFAC, BSA, financial crimes and regulatory report filing is required. Thorough knowledge of change management practices ensuring all stakeholders are prepared and comply with new regulatory policies is preferred.
  • Solid analytical, critical thinking and problem-solving skills required.
  • Must anticipates future consequences and trends in the regulatory environment.
  • Must be able to motivate and influence others to achieve business performance objectives.
  • Must be able to work in a fast-paced, high-stress environment with multiple and /or constantly changing  priorities.
  • Required certifications: CUCE (Credit Union Compliance Expert from CUNA) and/or NCCO (NAFCU Certified Compliance Officer) or equivalent.
  • Preferred certifications: ERME (Enterprise Risk Management Expert from CUNA) or equivalent; Change management or Project management Certification.
  • Education: Bachelor’s degree in Business Administration, Accounting, Finance or related field; or equivalent is required. Master’s degree in Business Administration is preferred.