Manager, Legal & Risk - NFFG

Navy Federal Credit Union - Winchester, VA

Full-time - Manager

Winchester, VA

Credit Intermediation and Related Activities

About the position

The Manager, Legal & Risk at Navy Federal Credit Union is responsible for overseeing the day-to-day risk program to ensure compliance with federal and state regulations, as well as internal policies. This role involves acting as a liaison between various business units and regulatory bodies, managing legal inquiries, and providing guidance on risk management practices. The position requires a strong understanding of the financial industry and the ability to analyze both internal and external environments to support strategic objectives.

Responsibilities

• Act as liaison with NFFG's business units to facilitate, improve, and strengthen operations decisions-making through integration of legal analysis as part of the business development process
• Work with federal and state regulators on exams, audits, and regulatory implementations under the direction of the VP Legal Compliance & Risk
• Respond to NFFG legal inquiries from outside parties and internal staff, including member complaints and regulatory requests
• Serve as backup point of contact to VP Compliance, Legal & Risk for NFFG NFCU's Office of General Counsel and Enterprise Risk team
• Prepare regulatory comments, letters, and correspondence to government agencies and trade associations
• Respond to requests for legal interpretation and application of laws and regulations from senior management
• Analyze external and internal environments to assist with establishing relevant objectives for NFFG
• Research, evaluate, and guide efforts to develop a comprehensive enterprise-wide compliance system
• Direct the day-to-day risk program to align with NFFG's strategic objectives and regulatory expectations
• Ensure risk management practices are embedded across operational, financial, credit, compliance, and strategic risk domains
• Partner with business units to assess and develop risk mitigation strategies
• Counsel and advise key stakeholders on complex risk issues
• Provide special project support requiring legal or risk assessments as directed by the NFFG Chief Compliance Officer
• Perform other duties as assigned

Requirements

• Significant experience in evaluating a broker/dealer operation for associated risks in a financial organization
• Expert knowledge of federal, state, local and industry regulation affecting financial institutions
• Significant experience in managing and maintaining an effective compliance program
• Experience in risk analysis
• Significant experience in supervising and leading employees
• Expert knowledge of banking/financial industry standards and practices
• Advanced skill in making sound organizational and operational decisions
• Advanced research, analytical, and problem-solving skills
• Advanced skill in analyzing facts, identifying controls, developing procedures, and recommending solutions
• Advanced skill in presenting findings and information clearly and concisely
• Advanced relationship building, negotiation, and facilitation skills
• Advanced verbal and written communication skills
• Juris Doctor from an accredited law school or equivalent education, training, or experience

Benefits

• Highly competitive pay
• Generous benefits and perks
• Recognition as one of the best companies for Latinos to work for
• Awards for being a top workplace for various demographics and categories