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Director Of Accounting And Risk
- TEKsystems (Troy, MI)
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Job Description
Our Opportunity:
The Director of Accounting & Risk Management is responsible for planning and directing Accounting and Risk Management functions and programs, and for successfully leading the Accounting and Risk Management teams. This position is responsible for ensuring operational excellence, regulatory compliance, and oversees the continual evolution of accounting and risk management programs, processes and requirements. This role works closely with organizational leaders to ensure the risk, compliance, audit and accounting functions are aligned with the Audit Committee, regulatory requirements, and overall Credit Union strategy.
What You'll Do in This Role:
• Lead and develop the Risk Mitigation Manager, Accounting Manager and corresponding teams to their highest potential through effective coaching and leadership. Evaluate and clearly communicate team member work expectations by conducting timely feedback, conducting 1:1s, and performance appraisals. Identify and provide opportunities for training, coaching, and mentoring techniques to ensure development, accountability standards and performance goals are achieved.
• Provides leadership and direction for the accounting and risk management functions within the credit union. Works collaboratively and across the organization with managers, sr managers, and team members involved in accounting and risk management activities and projects. Partner with organizational leadership to ensure the credit union complies with applicable laws and regulations. Provide regulation considerations for existing and potential products and services. Manage compliance and risk reviews for internal services, including websites, programs, or promotions to ensure compliance with all federal and state rules and regulations.
• Manage, develop, and maintain corporate compliance and risk management policies. Performs duties as the Bank Secrecy Act/OFAC Officer and assures the organization is compliant with all operational regulations.
• Oversees the operational accounting and risk management systems, processes and procedures to maximize efficiency and ensure regulatory compliance. Ensures systems, processes, and guidelines, including data management and reporting, are fully leveraged to meet department goals and organizational service expectations. Makes recommendations to sr leadership for improvements to promote sound growth and efficacy.
• Oversee and prepare various monthly, quarterly and annual reports and assist in preparations and response to questions tied to the annual audit and exam to support efficient operations of the credit union. Direct the monthly compilation of financial reports to ensure accurate and timely financial information is provided to management and the Board of Directors.
• Review general ledger reconciliations weekly and direct research/corrections as necessary. Responsible for accrual entries, valuations of servicing rights, and the establishment of reserves as needed.
• Oversee the creation and review process of budget reports for the company prior to presentation to sr management. Prepare and manage the Accounting Department and Risk Management departmental budgets. Assist and support various departments in the preparation of the credit union’s annual budget.
• Oversee risk reporting functions and gather, analyze and present risk data to various audiences including s r management and the board.
• Oversee and facilitate CCF's Audit Plan and Vendor Risk Management program to ensure internal and external audits are executed, Vendors are properly assessed and managed, and results are addressed and reported to sr management and the Audit Committees as expected.
• Strategically develop, plan, and execute organizational compliance and risk-related training programs.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control, in addition to all company policies.
Skills
gaap, general ledger, risk management, audit, financial crimes, aml, bank secrecy act
Additional Skills & Qualifications
• Bachelor’s degree in Accounting, Finance or Economics with relevant prior work experience. A CPA or MBA is preferred.
• Five to ten years of similar or related experience, including time spent in preparatory positions.
• Knowledge of Symitar core processing system preferred.
• A significant level of trust, credibility and diplomacy is required.
• In-depth dialogue, conversations and explanations with members, direct and indirect reports and outside vendors can be of a sensitive and/or highly confidential nature.
• Communications may involve motivating, influencing, educating and/or advising others on matters of significance.
• Experience in the financial services industry.
• Knowledge of generally accepted accounting principles, applicable State and Federal regulations, and the Federal Reserve Board and applicable association regulations (e.g., NACHA).
• Knowledge of laws and regulations covering the management and retention of various types of records.
• Bkgd in consumer, legal, or compliance requirements preferred.
• Strong understanding and knowledge of Bank Secrecy Act and AML Regulations, USA Patriot Act, Office of Foreign Assets Control and/or local regulations or consumer fraud issues.
• Must be highly analytical with experience in collecting, analyzing, and synthesizing information on various subjects.
• Must demonstrate the judgment and ability to closely partner with and advise sr and line managers or other stakeholders on regulatory engagements.
• Ability to manage multiple work streams involving multiple partners and groups.
• Must be proficient in MS Word, Excel, PowerPoint, SharePoint, and other Office applications.
• Must possess excellent written and oral communication skills.
• Ability to build relationships across multiple lines of business.
Pay and Benefits
The pay range for this position is $115000.00 - $130000.00/yr.
Will provide bonus and benefit package to interested, qualified candidates
Workplace Type
This is a fully onsite position in Troy,MI.
Application Deadline
This position is anticipated to close on Jun 14, 2025.
About TEKsystems and TEKsystems Global Services
We’re a leading provider of business and technology services. We accelerate business transformation for our customers. Our expertise in strategy, design, execution and operations unlocks business value through a range of solutions. We’re a team of 80,000 strong, working with over 6,000 customers, including 80% of the Fortune 500 across North America, Europe and Asia, who partner with us for our scale, full-stack capabilities and speed. We’re strategic thinkers, hands-on collaborators, helping customers capitalize on change and master the momentum of technology. We’re building tomorrow by delivering business outcomes and making positive impacts in our global communities. TEKsystems and TEKsystems Global Services are Allegis Group companies. Learn more at TEKsystems.com.
The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
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