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Posted September 14, 2020

Chief Legal Officer

Listerhill Credit Union
Muscle Shoals, AL Full Time
Reference: FireSeeds743999715256720

Chief Legal Officer Muscle Shoals, AL, USA Full-time Company Description **FireSeeds is the recruiting firm partnered with...

Chief Legal Officer

  • Muscle Shoals, AL, USA
  • Full-time

Company Description

**FireSeeds is the recruiting firm partnered with Listerhill Credit Union. You are applying to the Chief Legal Officer opportunity at Listerhill Credit Union.

Listerhill Credit Union is a nonprofit comprehensive financial cooperative that recently surpassed $1 billion in assets. Their primary purpose is to help their members live a healthy financial life. Their exponential growth can be attributed to the value they've placed on creating and developing their exceptional culture.

Their story starts in 1952 when seven Reynolds Metals employees came together with $5 each and an idea of creating a credit union that was member- owned and member-focused. Service was their only motivation, which added value to being a member. Since then, Listerhill has grown from an office at Reynolds Metals to 18 branches throughout northwest Alabama and south- central Tennessee. Today, they serve 13 counties with a full line of financial services. Their purpose and commitment to value have never changed. They set high standards for success by continually seeking improvement and striving to be innovative for the member’s benefit.

Listerhill is located in Muscle Shoals, AL, a region of North Alabama known for its music. Their sister city, Florence, is frequently referred to as “the birthplace of Blues”. Join an organization that has had a tremendous impact on their city and the communities they serve.

Job Description

The Chief Legal Officer will play a critical role in leading Listerhill Credit Union towards their goal of doubling in size to $2 billion in assets. Your efforts and ultimate successes should be measurable and recognizable as you strive daily within LCU’s vision: “to value people over profit, proactively seek improvement, work passionately, exceed expectations, and make our community a better place.” The CLO will be the resident expert and leader who helps the company minimize its legal risks by advising the other officers and board members on any major legal and regulatory issues the company confronts in daily strategic implementation. You will develop and lead a team of dedicated compliance experts; with a purpose to support the Senior Leadership Team (SLT) with clear and effective advice that identifies and mitigates legal risks regarding company strategies and their implementations, manage the corporate legal function, and oversee the work of outside counsels.

Key Responsibilities:

  • Lead in keeping the SLT and Board of Directors aware of compliance and regulatory issues and working together to form recommended courses of actions to remedy such matters
  • Work alongside and coordinate with platform owners, policy owners, department managers, and all Chief level staff to maintain all Board approved policies in compliance with ACUA and NCUA rules and regulations, along with all germane state and federal laws, including the review, maintenance and creation of new policies with the ultimate policy owners
  • Continually validate that all ACUA and NCUA rules and regulations are being adhered to, along with all applicable state and federal laws pertinent to our operating environments
  • Maintain overall leadership and enforcement of policies related to records retention per ACUA and NCUA rules and regulations and pertinent state and federal laws
  • Be responsible for all Vendor and Contract Management
  • Provide strategic leadership, insights and operational control for policies and procedures supporting transactions and matters related to all aspects of BSA/AML, OFAC, CTR’s and SAR’s; including formation of streamlined technology driven processes, tools and systems to identify, assess, measure, manage, monitor and report as needed to both internal and external stakeholders
  • Direct leadership of current compliance staff while also managing growth of compliance team over time
  • Focus on LCU’s strategic plan to act as an agent of change and influence and appropriately challenge material risk decisions and their possible outcomes, without being risk averse but risk aware
  • Support the Senior Leadership Team with a strong emotional intelligence and presence, enabling an atmosphere of trust, reliability, and unbiased views of all areas of compliance and legal matters facing LCU on a daily basis

Qualifications

  • College degree (BS or BA in a relevant field); and accredited juris doctor (JD) and applicable state license to practice law in Alabama
  • A minimum of three to ten years of experience in financial institutions preferred, with a documented record of progressive success in management, supervisory roles, or senior leadership
  • Superior knowledge of the existing regulatory and compliance environment of financial institutions
  • Must possess a significant level of diplomacy and trust
  • Commitment to LCU’s Mission Statement and Core Values
  • Overwhelming communication skills
  • Demonstrated ability to oversee or utilize appropriate technology platforms to manage compliance, policy archive, and vendor management
  • Must successfully complete appropriate LCU assessments

Additional Information

Competitive Compensation Package with Health, Dental, Vision, 401k, Deferred Retirement, STD, PTO etc.

Listerhill Credit Union is an equal opportunity employer and does not discriminate in employment decisions based on any factor protected by federal, state or local law.

This listing expired on Nov 13. Applications are no longer accepted.

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