Vice President of Compliance and Risk in Perry Hall, Maryland at Peake Federal Credit Union

Peake Federal Credit Union is a federally chartered credit union with approximately $525 million in assets serving more than 28,000 members through three branch locations, digital banking services, and a member contact center. At Peake, we believe our people make the difference. We are a team of dedicated professionals who care deeply about our members, our communities, and one another. We work collaboratively, support each other's growth, and take pride in creating meaningful experiences for the people we serve. Our RICHeS values are at the heart of our culture and guide every interaction. We strive to be responsive, innovative, and member-focused, while always operating with integrity, honesty, and the highest standards of security and trust. We are committed to making banking easier, more personal, and more rewarding for our members—and to creating a workplace where employees feel valued, respected, and empowered to succeed.

If you are looking for an organization where your contributions are valued and your leadership can help shape the future, we invite you to explore a career with Peake Federal Credit Union.

The Position

The Vice President of Compliance & Risk provides strategic leadership and oversight of the Credit Union’s compliance and risk management programs. This role is responsible for ensuring adherence to applicable laws, regulations, and regulatory guidance while fostering a culture of integrity, accountability, and proactive risk management throughout the organization. As a key member of the leadership team, this position serves as a trusted advisor to executive management, providing guidance on regulatory, operational, strategic, and reputational risks. This position is responsible for developing, implementing, and maintaining an effective Compliance Management System (CMS), overseeing the Credit Union’s BSA/AML/OFAC program, and leading enterprise-wide risk management initiatives that support the organization’s strategic objectives.

Key Areas of Responsibility:

This position plays a critical role in safeguarding the Credit Union’s reputation, ensuring regulatory compliance, and promoting a strong risk management framework that supports long-term organizational success.

Work Schedule & Branch

• Location: Perry Hall, Maryland.

• This is a Full-time position requiring a minimum of 40 hours per week.

• The work schedule is Monday through Friday, 8:00 am to 5:00 pm.

• Duties are performed in a professional office environment. Responsibilities may occasionally require an adjusted work schedule, working from a different branch, working before and/or after business hours, working on Saturdays and working hours exceeding the standard work schedule.

Qualifications

Minimum Required Education: Bachelor’s degree in Business, Finance, Risk Management, or related field required. Professional certification, such as one of the following from America’s Credit Unions, is strongly preferred:

• Certified Credit Union Compliance Officer (CUCO)

• Certified Credit Union Internal Auditor (CCUIA)

• Certified Bank Secrecy Act Professional (CBSAP)

• Credit Union Enterprise Risk Certification (CUERC)

Minimum Required Experience: Five years of experience in compliance, risk management, internal audit, or related financial institution functions required. Credit union experience is preferred.

Equivalent combinations of education and experience may be considered.

Other Requirements:

• Ability to align compliance and risk management initiatives with organizational goals and provide leadership in a changing regulatory environment.

• Ability to analyze complex issues, identify risk exposure, evaluate trends, and develop practical, effective solutions.

• Ability to make sound, timely, and well-informed decisions while balancing regulatory requirements, operational needs, and organizational risk.

• Ability to communicate clearly and effectively with employees, executive leadership, regulators, auditors, and the Board of Directors, both verbally and in writing.

• Knowledge of Bank Secrecy Act (BSA), Anti-Money Laundering (AML), USA PATRIOT Act, and OFAC regulatory requirements and expectations.

• Knowledge of enterprise risk management (ERM) principles, including risk identification, assessment, mitigation, and reporting.

• Knowledge of compliance management systems (CMS), including governance, monitoring, testing, and corrective action processes.

• Knowledge of regulatory examination and internal/external audit processes, including coordination, response management, and remediation tracking.

• Knowledge of third-party and vendor risk management practices, including due diligence, contracting, and ongoing monitoring.

• Knowledge of lending compliance requirements, including HMDA and related mortgage lending regulations and reporting standards.

• Proficiency in Microsoft Office Suite and ability to utilize compliance, risk, and monitoring systems and tools.

• Ability to interpret and apply complex regulatory guidance to operational practices and business initiatives.

• A credit check and criminal background check are required.

Physical Requirements

The physical demands described below are representative of those that must be met by an employee to perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

The incumbent must be able to work in an office environment and remain seated for extended periods, with the ability to occasionally stand and move within the office as needed. The incumbent must be able to communicate effectively with others in person and by telephone/video conference. The incumbent must be able to review information presented on computer screens and in printed materials and must be able to operate a computer and other standard office equipment as required to perform the essential functions of the role.

Benefits for Full-time Employees

We care about our employees and show that care with benefits to help you stay healthy, rest and recharge, plan for your financial future, and maintain a healthy work/life balance. We offer:

• Health, dental, & vision plans

• 401(k) plan with a generous 4% employer contribution

• A generous paid time off plan, including a minimum of 3 weeks paid vacation/personal leave per year

• Paid time off on your birthday & holidays

• Health Reimbursement & Flexible Spending Accounts

• Paid life insurance and Long-term disability plans

• Daytime shifts

• Predictable work schedules for many positions

• Premium pay on Saturdays

Salary Range

The salary range for this position is $126,000 to $189,000 annually, with a midpoint of $157,500. Final compensation will be based on factors such as relevant experience, qualifications, skills, and internal equity considerations.

Parking

Parking is provided at no charge.

Branch Locations

Towson – Main Office & Branch, 23 W. Susquehanna Avenue Towson, Maryland 21204

Perry Hall – Branch, 8640 Ridgely's Choice Drive, Baltimore, Maryland 21236

GBMC – Branch, Physician's Pavilion North Suite 145, 6535 N. Charles Street, Baltimore, Maryland 21204

Equal Employment Opportunity

Peake Federal Credit Union provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race and traits associated with race (such as hair texture, afro hairstyles, and protective hairstyles), color, religion, age, sex (including pregnancy, sexual orientation, or gender identity), national origin, disability status, genetics, protected veteran status, or any other characteristic protected by federal, state or local laws.