Manager, Compliance and Third Party Risk Operations - Vienna, United States - Navy Federal Credit Union

Navy Federal Credit Union

Verified Company

Vienna, United States

2 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Overview

Responsibilities

Manage, review, and coordinate responses, examination briefings, and ad hoc requests to/from regulatory agencies in conjunction with VP Risk Management
Manage and coordinate Business Unit examination readiness reviews to effectively prepare for impending and potential examinations
Advise, facilitate, and collaborate on program/service changes that improve regulatory readiness, anticipate regulatory trends or actions, or enhance regulatory responsiveness
Work on projects, process improvement efforts, and business unit training initiatives that comply with, mitigate or potentially mitigate, current or future regulatory expectations and/or impacts
Oversee tracking and coordination of Business Unit responses, examination briefings, and ad hoc requests to/from regulatory agencies
Lead, compliance and/or riskrelated discussions with Business Unit, including examination preparation sessions, postreview discussions, and ad hoc meetings as needed
Support Business Unit leadership and partner with team to identify issues, opportunities, and develop and implement remediation plans and process improvement opportunities to mitigate risk and enhance compliance requirements and expectations
Provide guidance to Business Unit operational and strategic objectives, as related to compliance impacts
Interpret compliance findings; identify control deficiencies, evaluate risk implications, and draw the appropriate conclusions to best communicate to Business Unit
Establish and monitor key performance indicators of team, determine gaps in performance metrics, and recommend/execute change management techniques for efficiency/quality improvements
Provide support for various elements of BU Third Party Risk Management (TPRM) program
Collaborate with management and staff to optimize risk assessment and to identify which third parties require risk assessments
Support identification of key risk indicators for BU to identify emerging risks and potential solutions
Assist in designing and developing dashboards, scorecards, and reports using appropriate metrics (e.g., key indicators, emerging risks, control effectiveness, etc.)
Engage with stakeholders to assist in determining appropriate level of vendor oversight
Develop and maintain an understanding of relevant industry standards, best practices, business processes, and technologies, as applicable and necessary to the Business Unit
Partner with senior management to ensure internal/external exam preparedness
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

Leadership Level

Supervise daily activities
Perform other related duties as assigned

Qualifications

Expert knowledge of operational risk management concepts and practices
Advanced knowledge and understanding of Third Party Risk Management in a large financial institution setting
Advanced experience in compliance enforcement and/or auditing
Advanced knowledge of compliance, laws and regulations relating to the Business Unit, including NCUA, CFPB regulations
Advanced experience in leading, directing and controlling a multifunction corporate/institutional operation and demonstrated skill in leading others to achieve goals
Advanced experience in implementing strategic initiatives to support organizational objectives
Experience in thoughtleadership, initiative taking, decisionmaking and creative problemsolving
Significant experience working with all levels of staff, management, stakeholders, vendors
Significant experience managing and developing employees
Experience in project/program management processes and methodologies
Expert experience managing multiple priorities independently and/or in a team environment
Expert skill leading with diplomacy and tact while maintaining appropriate assertiveness and persistence
Advanced skill to influence, negotiate and & persuade to reach agreeable exchange & positive outcomes
Advanced relationship building, negotiation and facilitation skills
Advanced analytical/quantitative, reconciliation and deductive reasoning skills
Expert skill presenting findings, conclusions, alternatives, and information clearly and concisely
Excellent interpersonal, verbal, and written communication skills
Bachelor's Degree in a Business Administration, Economics, or the equivalent combination of training, education and/or experience