Vice President of Risk and Compliance

Job Description:

Salal Credit Union is seeking a collaborative, pragmatic, and strategic Vice President of Risk & Compliance to lead our enterprise-wide second-line risk, compliance, and financial crimes functions. This leader will shape how risk is understood and applied across the organization by ensuring strong governance and regulatory alignment while enabling business growth, operational efficiency, and confident decision-making.

This is a unique opportunity to step into a well-performing environment with strong technical teams already in place and elevate the function through partnership, simplification, and sound executive judgment.

The ideal candidate is a relationship-driven risk leader who balances discipline with practicality-someone who simplifies complexity, operates from a place of trust, and influences effectively across all levels of the organization. You lead with a partnership mindset, helping the business move forward while maintaining appropriate risk boundaries.

Your Impact

• Lead and evolve the Enterprise Risk Management program, ensuring alignment with institutional risk appetite, regulatory expectations, and business strategy
• Establish and strengthen enterprise risk governance, including clear escalation pathways, reporting structures, and oversight practices that enable timely, informed decision-making
• Serve as a trusted advisor to executive leadership and the Board, delivering clear, actionable insights on risk exposure, trends, and trade-offs
• Oversee compliance, BSA/AML, fraud, and regulatory programs, ensuring they remain effective, scalable, and appropriately risk-based
• Act as executive liaison for audits, exams, and regulators, reinforcing a strong and credible regulatory posture
• Drive integration of risk practices into business initiatives, partnering across teams to enable growth while maintaining appropriate controls
• Simplify and standardize risk and compliance processes, improving efficiency, clarity, and speed to decision across the organization

Your Qualifications

• 12+ years of experience in financial services, risk, compliance, or similarly complex regulated environments
• 7+ years of senior leadership experience, including leading leaders and enterprise initiatives
• Experience across ERM, compliance, BSA/AML, fraud, and governance frameworks
• Bachelor’s degree required; advanced degree (MBA, MS) preferred
• Relevant certifications (CRCM, CAMS, CERP, CIA, CISA, CRISC, CUCE) preferred

Your Work Setting

This role will work closely with leaders across the Credit Union while leading a primarily remote team. Given regular in-person leadership meetings and collaboration needs, this position follows a hybrid schedule, with an expectation to be onsite at our Seattle Headquarters (Northgate neighborhood) at least two days per week.

Compensation and Benefits Offered:

• This role has a salary range of $158,800 – $222,320, which reflects the full compensation range for the position over time. Most offers are expected to fall between $170,000 – $197,000, depending on qualifications and experience.
• Potential to earn additional compensation annually based on company goal achievement.
• Comprehensive healthcare benefits including health, dental, and vision insurance. Our high deductible plan options include a health savings account (HSA) with annual company-paid contributions.
• Generous time off including 15 days of vacation, 12 days of sick time, 2 floating holiday per year, and Paid holidays.
• Tuition reimbursement.
• 401(k) plan with company matching after 6 months of employment.
• Charitable contribution matching.
• Company-paid life, AD&D, and long-term disability insurances. Plus additional optional benefits.

Expanded details about our benefit offerings can be found on our company careers page: www.salalcu.org/careers