VP - Policy and Compliance

Oklahoma Agcredit - Edmond, OK

Full-time - Senior

Edmond, OK

Credit Intermediation and Related Activities

About the position

The VP - Policy and Compliance is responsible for the strategic design, development, organization, implementation, and operation of the Association's compliance management program. This role ensures that the Association's policies comply with Farm Credit Administration regulations and oversees the compliance management program to align with federal and state regulations.

Responsibilities

• Attend trainings and read articles on lending regulations, policies and procedures, consumer protection, and public interest laws.
• Determine when to discuss procedural changes based on findings with appropriate staff.
• Recommend, develop, and revise policies and procedures to meet federal and state regulations for manager approval.
• Assist in ensuring policies are maintained in accordance with the Policy Review Schedule.
• Review the National Oversight Plan and prepare an executive summary for review.
• Create and/or amend risk/audit/compliance policy, procedures, and training materials as needed.
• Stay abreast of changing regulatory requirements by actively reviewing FCA website and consumer protection sites.
• Maintain the Association's Policy Review Schedule and ensure policies go for board approval as outlined in the schedule.
• Work with outside counsel to ensure policies are up-to-date and in compliance with regulatory guidance.
• Develop and revise policies and procedures to ensure compliance with federal and state regulations.
• Create step-by-step guidance and procedures to comply with current regulations.
• Run and analyze required compliance reports and troubleshoot report findings with COO.
• Develop and coordinate regulatory projects as approved by Management to meet strategic business objectives.
• Develop detailed project plans, including tasks, timelines, resources, and dependencies.
• Coordinate project tasks and activities among team members, ensuring alignment with project goals.
• Answer questions from employees and management regarding compliance, policies, and procedures.
• Train and provide compliance guidance to management, lending officers, credit officers, and support staff.

Requirements

• Bachelor's degree in business administration, risk management, or related field.
• 3 - 5 years of experience in compliance, risk, finance, management, or banking, or an equivalent combination of education and experience.
• Prefer Farm Credit Administration (FCA) experience with the agency or at another Association within the Farm Credit System.
• Knowledge of Adobe, Microsoft Word, Excel, PowerPoint, and Outlook sufficient to create, update and save basic documents.
• Skill in leadership of regulatory projects.
• Knowledge of project plan creation and execution.
• Ability to communicate and collaborate with stakeholders on regulatory projects.
• Ability to present to a variety of audiences.
• Ability to review pending regulatory compliance and problem-solve implementation strategies at the Association level.

Nice-to-haves

• Experience with the Farm Credit Administration (FCA) regulations.
• Strong oral and written communication skills sufficient to discuss a variety of job-related topics.

Benefits

• Equal Opportunity Employer dedicated to diversity in the workplace.
• Great work environment.