This position directly reports to the Vice President of Compliance, and is accountable for day-to-day compliance review & training activities.
(Note: These examples are intended to illustrate various types of work performed. The omission of specific statements of duties does not exclude them from the position if the work is similar, related or a logical assignment to the position.)
Accountable for day to day compliance operations and consulting projects that include targeted consumer & commercial compliance reviews, compliance risk assessments, fair lending analysis, CRA evaluations, Loan review and BSA/AML testing etc. Write reports, including key findings and recommendations.
Design and execute education and training programs for company and clients. Ensure clients remain current and informed on new initiatives and/or emerging regulatory compliance trends.
As requested, develop and revise internal procedures/checklist/templates/model forms & language designed to assist all consultants in ensuring consistency with overall consulting approach and to minimize operational risk and inefficiency.
Identify changes in applicable rules, regulations and industry standards and related trends in order to keep all staff and clients informed to make the necessary modifications to compliance program. Provide all necessary guidance and training as requested.
Ensure all draft and final reports provided clients are accurate with respect to content, grammar, punctuation and formatting. Ensure drafts and final reports are provided timely to all clients and in accordance with the most recent client instructions. Ensure the highest level of security and disposal with respect to client and company materials, equipment and documents.
Notify management of any client concerns and/or complaints; participate in client meetings, and executive presentations.
Assist financial institutions in maintaining compliance with Federal & State consumer banking laws and regulations by implementing programs which include compliance reviews, policy and procedure writing, training, and analysis.
Performs other assignments as requested by the Vice President and CEO.
MINIMUM TRAINING AND EXPERIENCE
Bachelors’ degree in Business/Accounting/Finance or equivalent required with a minimum of 5-years experience in executive level management
A minimum of five years of credit union or banking experience and consumer regulatory compliance either as a federal or state regulator. CFE, CRCM a plus with strong analytical, interpersonal, time management and organizational skills
Working knowledge with Microsoft PC products with emphasis on Microsoft Word & Excel
Ability to travel up to 80%
Proven ability to prioritize tasks and projects and to multi-task and operate under extreme deadlines
Proficiency in solving problems of substantial variety and complexity, as well the ability to undertake tasks broad in nature, requiring ingenuity and originality
Demonstrated ability to operate independently, and exercise significant latitude for independent judgment, discretion, and action
Exceptional interpersonal skills and the ability to work effectively with all levels of employees throughout the organization and clients
Telecommuting is allowed.
About M&M Consulting
In 1996 a group of experienced bankers and auditors came together to form a company that would go the extra mile to provide the depth of knowledge found at a large institution with the service and community focus that community-based institutions provide. M&M was born to serve New England institutions with the kind of practical and knowledgeable advice that is a hallmark of our region. We do our homework and we treat each of our clients as unique institutions with specialized needs and preferences.
M&M has grown primarily by word of mouth referrals from satisfied clients. There was never a plan to grow throughout New England and the Northeast, it just happened organically. We have always believed in Strength and Strategy – we try to make our clients stronger and we proactively try to help provide strategic solutions that make sense for the client.
We’ve always had three service divisions, even when we only had three employees! M&M has always stood for an interdisciplinary approach to risk management. Our integrated services ensure that nothing is missed, and it cuts down on duplication and overlap in audit services. M&M ensures strong checks and balances throughout the proces...s, regardless of which division is performing the audit.
Today M&M covers the New England region with a team of over three dozen experienced professionals, including attorneys, CPAs and former senior managers of community and regional banking organizations. All M&M consultants are staff members; we don’t use sub-contractors or “hired guns”. We commit to top-quality benefits and training for our staff to recruit and retain highly competent individuals who are focused on the needs of our clients.
M&M is committed to client confidentiality and top flight data security. We are glad to answer questions on how we are continually monitoring and improving our practices as the industry evolves.
Let us help you achieve your strategic goals; call or email M&M Consulting today!