Compliance Counsel I

If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!

Position Overview

The Compliance Counsel I is part of the Regulatory Compliance team within the Compliance department of State Employees’ Credit Union and is responsible for helping ensure the Credit Union’s compliance with applicable state and federal laws and regulations.

Responsibilities

60%

Research questions and conduct reviews of consumer-facing materials for compliance with applicable laws and regulations as requested by Compliance management and the Credit Union’s various business lines.

20%

Prepare summaries regarding regulatory activities, regulatory changes, and industry developments to identify new regulations, trends and emerging issues that may impact the Credit Union.

10%

Assist with compliance risk-based reviews of new and existing vendor relationships and provide recommendations on any additional due diligence that may be required.

10%

Work collaboratively with and support team members, including but not limited to sharing legal and other expertise, actively participate in team and departmental meetings, and be willing to pivot tasks based on shifts in priorities.

Supervision

Direct Reports:None.

Internal Relationships:

The Credit Union’s Regulatory Compliance Counsel team members work with various first line compliance counterparts, including but not limited to Loan Compliance, Deposits Compliance, Card Payments Compliance, Legal Services and Privacy, to ensure the successful completion of reviews, research, and other projects.

External and Vendor Relationships:N/A

Qualifications

Note all required qualifications are needed for any incumbent in this role.

Required Education Acceptable Fields of Study: Juris Doctor degree from accredited law school. License to practice law in North Carolina or able to obtain within a reasonable time, and in good standing with state bar.

Desired Education Acceptable Fields of Study: Click or tap here to enter text.

Required Relevant Experience

1 Year

Required Knowledge, Abilities, Skills

• 0 -3 years of experience.
• Strong legal research and writing skills, and excellent verbal communication abilities. 
• Exceptional attention to detail and ability to manage multiple assignments efficiently.
• Ability to remain flexible and adapt to changing departmental demands.
• Excellent interpersonal skills, including the ability to cooperate and collaborate with co-workers and be cordial in all interactions with fellow employees.

• Dedication to SECU philosophy and work ethic. 
• Proficiency with Microsoft Office Suite.
• Must be able to speak and write English fluently.
• Must adhere to the work schedule and attendance policy established by manager.

Desired Knowledge, Abilities, Skills

• Experience in a compliance-related field at a large credit union or bank, or as an attorney in a law firm that provided direct and substantial compliance related services to credit unions, banks, or financial institutions on a variety of consumer products and services.
• America’s Credit Unions Certified Credit Union Compliance Officer (CUCO) or able to obtain within a reasonable time.
• Knowledge of and experience advising on consumer financial matters with a good knowledge of state and federal consumer protection regulations, including, but not limited to: TILA, RESPA, HMDA, FCRA, FDCPA, SCRA, SAFE Act, ECOA, TISA, Regulation DD, Regulation CC, EFTA, ESIGN, CDD Rule, and UDAAP.
• Knowledge of and experience in dealing with both state and federal agency regulatory compliance examinations.

Special Position Requirements

☒Sitting for prolonged periods

☒Computer for prolonged periods

☒Hybrid position with remote work and office setting with physical proximity to other employees.

☒Must be able to comprehend phone calls and carry out verbal and written instructions.

SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.

Disclaimer

State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.