Jobs

Regulatory Affairs Counsel

The National Association of Federally-Insured Credit Unions (NAFCU) seeks a Regulatory Affairs Counsel to assist in the development and implementation of the Association’s regulatory policy priorities and to conduct analysis of financial regulations affecting credit unions. This position reports directly to the Vice President of Regulatory Affairs.

Who we are:

NAFCU is helping credit unions unlock their potential by helping them grow through best-in-class advocacy, compliance assistance, and education.  Everything we do is designed to help credit unions increase their ability to serve America’s main streets – we believe credit unions are the best financial services option for the American consumer, and we want them to win.

Growing also is key where our 75+ employees are concerned.  Extreme member service is what we provide our credit unions, but it’s also what we provide one another so we can meet our individual and Association goals in the short- and long-term.  We want to work in the company of a diverse, inclusive group of people who treat their colleagues with respect and warmth.

Who you are:

You have an interest in financial services regulation and public policy, in particular as they relate to credit unions and what they offer to the community.  You are a self-starter with strong verbal and written communication skills, who enjoys a fast-paced work environment.  You can think on your feet and like to advocate for a cause.  You have strong people skills.  You have the ability to work collaboratively, balance multiple tasks and projects without missing deadlines, and efficiently generate high-quality work product.  You thrive in a team-oriented environment and take pride in being helpful to others.  You hold yourself and others to a high standard.

What you’ll do:

• Assist in planning and execution of the Association’s advocacy strategy and goals through research and development of NAFCU positions on regulatory issues.
• Inform NAFCU members of developments in regulatory areas that affect the operation of credit unions and assist members in communicating with federal agencies.
• Prepare written comments to the regulatory agencies and other policy setting bodies on issues affecting credit union practices; assist in the preparation and distribution of Regulatory Alerts and Final Regulations.
• Monitor and report to the Association on the activities of the agencies as they relate to federally-insured credit unions; review and assist in updating the NAFCU website with respect to regulatory issues.
• Maintain relationships with other industry groups and maintain personal networks throughout the federal financial regulatory agencies, quasi-regulatory agencies, and industry groups.
• Work with the Regulatory Compliance Division to gather member feedback on regulatory issues to inform and guide the Association’s advocacy efforts.
• Work with the Legislative Affairs Division in drafting and reviewing legislation affecting credit unions.
• Assist the Communications Division with messaging on regulatory advocacy issues, including reviewing content and speaking with members of the press.
• Speak before various audiences regarding regulatory issues, and may be required to travel both locally and to NAFCU conferences within the U.S.

Position Requirements:

• Law degree and state or D.C. bar membership required.
• Working knowledge of Bank Secrecy Act/Anti-Money Laundering laws and regulations and experience with FinCEN rulemaking OR working knowledge of housing finance policy issues and experience with agency requirements, including Fannie Mae, Freddie Mac, and FHA/VA/HUD, strongly preferred.
• Background in government affairs, especially on behalf of trade associations, is desired.
• Prior experience with economics, finance, or business, especially in financial services, is a plus.
• Exceptional interpersonal, verbal, written, and analytical skills.
• Superior research skills, including computerized research tools and the Internet.
• Ability to complete tasks in a timely manner with minimal supervision.
• Strong organizational skills and attention to detail.
• Team player – flexible with respect to multiple priorities and changing circumstances.
• Some travel required.
• This position is located in Arlington, Virginia, and requires a presence on the Hill or in federal agencies. No geographically remote candidates will be considered.

To apply, email your resume, cover letter, and salary requirements to hr@nafcu.org.  EOE

Job posted: 2023-05-10