Legal & Regulatory Specialist

Role

The Legal & Regulatory Specialist is responsible for supporting the Credit Union’s legal and regulatory functions by handling sensitive and complex matters involving legal documentation, regulatory compliance, and law enforcement inquiries. This role ensures timely, accurate, and compliant handling of legal requests, while safeguarding the credit union’s interests and adhering to all applicable laws, policies, and procedures. The Legal & Regulatory Specialist serves as a key liaison between the credit union, legal counsel, regulatory agencies, and law enforcement.

Major Duties and Responsibilities

• Reviews and responds to legal requests, including subpoenas, search warrants, summonses, and garnishments, ensuring accuracy and compliance with applicable laws and P1FCU policies.
• Responsible for drafting miscellaneous legal documents under the direction of the Legal & Regulatory Manager and the Legal & Regulatory Assistant Manager.
• Review legal documents such as powers of attorney, trust agreements, conservator/guardian documents, and other relevant legal documents. Investigate and manage elder abuse cases, including identifying potential elder financial exploitation and filing appropriate reports in accordance with regulatory obligations.
• Collaborate with external legal counsel on sensitive and complex matters impacting the credit union. Review, research, and respond to regulatory complaints.
• Handle and support other sensitive legal and regulatory matters as they arise, exercising sound judgment and discretion. Maintain strict adherence to all credit union policies, procedures, and applicable regulations, maintaining consistency and compliance.
• Ensures files are maintained in good order. Documents all work performed on each case in a clear, organized manner.
• 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.
• Perform other duties as assigned and escalate matters to Executive Management as necessary.

Knowledge and Skills

Experience

Three years to five years of similar or related experience.

Education/Certifications/Licenses

A college degree, professional certificate, or a post graduate degree.

Interpersonal Skills

Work frequently involves contacts requiring considerable discussion of problems, material presentations, and resolving issues impacting multiple departments or branches. The ability to motivate or influence others is a material part of the job, requiring a significant level of professional diplomacy, trust and relationship. Obtaining cooperation and agreement (internally and/or externally) is an important part of the job and a expert level of interpersonal and written communication skills are critical to the success of this position.

ADA Requirements

Physical Requirements

Is able to bend, sit, and stand in order to perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs. Must be capable of climbing / descending stairs in an emergency situation. Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance.

Working Conditions

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Mental and/or Emotional Requirements

Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team. Must be able to read and carry out various written instructions and follow oral instructions. Must be able to complete basic mathematical calculations, spell accurately, and understand computer basics. Must be able to speak clearly and deliver information in a logical and understandable sequence. Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization and demonstrate highest levels of customer service and discretion when dealing with the public. Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace. Must be able to effectively handle multiple, simultaneous, and changing priorities. Must be capable of exercising highest level of discretion on both internal and external confidential matters.

• Experience handling sensitive and confidential information with a high degree of discretion and professionalism. 
• Strong analytical and critical thinking skills, with the ability to interpret legal documents and assess risk. 
• Excellent written and verbal communication skills, with the ability to interact effectively with legal counsel, law enforcement, regulatory agencies, and internal departments. 
• Strong attention to detail and organizational skills, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment. 
• Proficiency in Microsoft Office Suite and the ability to learn and navigate internal systems. 
• Ability to work independently, exercise sound judgment, and make decisions within P1FCU's established policies and procedures.