A new white paper from credit union compliance expert PolicyWorks, LLC offers guidance to credit unions to help them address the shortage of qualified compliance personnel.
As the compliance burden has grown for financial institutions, credit unions of all sizes are struggling to keep up with constantly changing regulations. At the same time, compliance has evolved into a more strategic professional discipline that requires specialized expertise and a broad understanding of how it affects a credit union’s product and service portfolio.
The growing demand for qualified compliance professionals has created a talent gap, forcing many credit unions to look for new ways to manage regulatory burdens. PolicyWorks offers advice for credit unions facing those challenges in the complimentary white paper, titled “Bridging the Talent Gap in Credit Union Compliance.”
The white paper explores both the challenges and the opportunities they present to credit unions to improve upon their compliance programs. It is available at the PolicyWorks website.