Sr. Director of Legal & Compliance - World Council of Credit Unions

ABOUT US:

The World Council of Credit Unions works to advance financial inclusion through the credit union and cooperative model by engaging in international advocacy, development, education and networking that empowers underserved populations, and promotes more equitable and resilient communities.

PRIMARY PURPOSE:

We are looking for a highly experienced and knowledgeable professional who is a dynamic leader with a passion for corporate law, governance, and compliance within an international sector. If you are a strategic thinker, a collaborative leader, and a problem solver, we invite you to apply for this exciting opportunity. You will be responsible for developing and implementing corporate legal strategies and policies to ensure compliance with all applicable laws and regulations.

The Senior Director of Legal and Compliance will be responsible for overseeing the Legal & Compliance Department of the World Council of Credit Unions (WOCCU) , a 501(c)(6) association and related entities and country offices, including Worldwide Foundation for Credit Unions (WFCU), a 501(c)(3) charitable organization. This position will oversee the Compliance Manager and Compliance Representatives from each of WOCCU’s projects and functional teams.

PRIMARY RESPONSIBILITIES:

Legal Expertise in General Legal Matters including:

• Leads the organization’s corporate strategic and tactical legal initiatives
• Advises on the organization's current and emerging legal risks
• In consultation with the CEO and COO, provides the board with an independent appraisal of the organization's legal and compliance risks, and challenges
• Provides senior leadership with effective legal advice on organizational strategies and implementation
• Advises on legal aspects of the organization’s funding, including advising on current and future business structures and legal entities
• Leads all contract legal reviews and relevant negotiations.
• Works with local counsel and oversees Country Office registration and legal support
• Oversees litigation and manages relationships with external legal counsel

Compliance Leadership, including:

• Develops and oversees WOCCU’s enterprise-wide Compliance Program and supervises the Compliance Manager
• Oversees the development of Policies, Procedures, and Best Practices
• Manages and mitigates risks by developing and implementing policies and procedures
• Regularly trains staff on Legal & Compliance department policies and procedures
• Oversees the conduct of regular compliance audits and risk assessments
• In coordination with the HR Director, oversees Hotline, internal Investigations

This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities that management deems necessary.

Keyword: Sr. Director of Legal & Compliance
Required Experience:

QUALIFICATIONS

To perform this job successfully, the individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Specific Skills:

• A deep understanding of the legal and regulatory issues relevant to 501(c)(6) association and 501(c)(3) organizations, with international operations footprint
• Superior judgment, good instincts, integrity, and strong ethical compass
• Strong understanding of legal and compliance best practices
• Proven ability to develop and implement effective legal and compliance programs
• Experience overseeing compliance programs for a US government funded entity
• Strategic planning, information analysis, negotiation, and project management skills
• Insight into developing a legal & compliance department and current on legal industry trends
• Knowledge of corporate law, contracts, compliance, and governance
• Excellent leadership and management skills
• Exceptional analytical, critical-thinking, problem-solving, and decision-making abilities
• Excellent written and verbal communication skills
• Team leadership, presentation, interpersonal and relationship-building skills
• Ability to adapt to changing regulatory environments and requirements in the US.
• USAID experience and/or training regarding USAID compliance
• Ability to manage multiple priorities and deadlines in a fast-paced environment

Education:

• This position requires the incumbent to possess a Juris Doctor (JD) from an accredited law school

Work Experience:

• Minimum of 10 years of legal experience, with significant experience in senior legal and/or compliance roles (preferably both) within an organization of comparable size and operational footprint. Experience with US government funding and regulatory compliance is essential.

Certificates and Licenses:

• Must be licensed to practice law in at least (1) US State

Travel: Up to 15% of the time in a calendar year; domestic and international.

Location: Our office is headquartered in Madison, WI with an additional office in Washington, D.C. The Madison, WI team is fully remote, while the D.C. office has a hybrid work setting requiring staff to report to our D.C. location 2-3 days a week. This role can be based in the Madison, WI area or Washington, D.C.

Language Skills: Fluency in English required. Second language (Spanish, French, Portuguese) desired. Excellent writing skills and analysis, including the ability to draft complex policies and procedures in user-friendly manner and to communicate concepts and ideas effectively with proficient grammar and punctuation.

Computer Skills: Working knowledge of the web with proven skills in Microsoft Suite products (Word, Excel, SharePoint, PowerPoint, Outlook, etc.). Familiarity with contract lifecycle management systems desired.

Compensation: Salary is commensurate with experience (Position salary range is for D.C. is $136,547.26 - $204,820.88 / Wisconsin: $104,137.21 - $156, 205.81)

Benefits:

WOCCU seeks to attract and retain the best talent by offering a comprehensive benefits package. This summary of benefits is for regular full-time and eligible part-time employees (working at least 30 hours per week).

Health, Dental, and Vision

Medical –WOCCU offers medical insurance through CareFirst with several options you can choose from (HMO, POS, and PPO) based on your individual and family needs. A four-tier plan (Employee Only, Employee + Spouse, Employee + Children, and Employee + Family) coverage is offered to eligible WOCCU employees and dependents.

Flexible Spending Account (FSA) – Pre-tax dollars to pay for out-of-pocket healthcare or dependent care costs. The contribution limit is determined by the IRS and updated every year.

Dental –Delta Dental provides preventative, basic, major, and orthodontia (19 years and under) dental care services.

Vision Care – VSP covers vision expenses for exams, frames, standard lenses, and contact lenses.

Prescription Drug Coverage – Covers eligible prescription drug expenses at retail or mail-order pharmacies (included with selected medical coverage).

Domestic Partner Coverage – Domestic partners are covered under WOCCU health plans.

Disability and Life Insurance

Short-term Disability (STD) –Offers income replacement of 60% up to $1,500 per week for a maximum benefit period of 9 weeks. This benefit will begin after 0 days if you become disabled due to injury and after 7 days if you become disabled due to an illness.

Long-term Disability (LTD) –Offers income replacement of 60% up to $10,000 per month.

Group Life and AD&D Insurance – WOCCU provides a replacement for loss of income in the event of an employee's untimely death in the amount of two times the employee's salary up to a maximum of $350,000.

Voluntary Life and AD&D Insurance –WOCCU employees can elect additional life and AD&D insurance plans based on their family’s needs.

Paid Time Off

Sick Leave – Eligible employees will accrue sick leave benefits at the rate of 12 days per year (1 day for every full month of service). Part-time employees accrue sick leave at a prorated rate.

Vacation Leave – Vacation time begins at the commencement of employment and accrues in proportional increments per pay period throughout the calendar year. Vacation accrual is based on years of service.

Paid Holidays – WOCCU offers 11 paid holidays and 1 floating holiday that can be used at the employee's discretion.

From: World Council of Credit Unions