Compliance Manager job at DFCU Bank | Apply Now

Developing and Implementing Compliance Programs:

• Create and oversee company policies and procedures to ensure adherence to legal and regulatory requirements.

• Develop compliance training programs for employees to enhance awareness and understanding of compliance issues.

Monitoring and Auditing:

• Conduct regular audits and assessments to identify potential compliance risks.

• Monitor and evaluate the effectiveness of compliance programs and practices.

• Ensure ongoing compliance with relevant laws, regulations, and standards.

Risk Management:

• Identify areas of compliance risk and develop strategies to mitigate these risks.

• Establish a system for tracking, reporting, and managing compliance-related issues.

Reporting and Documentation:

• Prepare and submit compliance reports to senior management and regulatory authorities.

• Maintain detailed records of compliance activities, findings, and corrective actions taken.

Advising and Guiding:

• Serve as a point of contact for employees to report potential compliance violations.

• Provide guidance to employees and management on compliance-related matters.

Regulatory Liaison:

• Liaise with regulatory bodies and external auditors to address compliance-related inquiries and inspections.

• Stay informed about changes in laws and regulations that affect the organization and communicate these changes internally.

Investigating and Resolving Issues:

• Investigate reports of non-compliance or unethical behavior.

• Implement corrective action plans and follow up to ensure compliance issues are resolved.

Policy Review and Updates:

• Regularly review and update company policies to reflect changes in laws and regulations.

• Ensure policies are communicated effectively throughout the organization.

Ethical Practices Promotion:

• Promote a culture of ethical behavior and compliance within the organization.

• Encourage transparency and accountability in business practices.

Collaboration:

• Work closely with various departments, including legal, human resources, and finance, to ensure cohesive compliance efforts.

• Coordinate with external stakeholders, such as clients and partners, to ensure mutual compliance with relevant standards.