Compliance Officer
2 days ago
Albuquerque
Job DescriptionSalary: $80,000 - $90,000 About Albuquerque Community Foundation Albuquerque Community Foundation (the Foundation) is a tax-exempt 501(c)(3) public charity created by and for people in the greater Albuquerque area. The Foundation administers a permanent community endowment composed of many gifts, large and small, and uses the earnings from that endowment to make grants to other nonprofit organizations and educational institutions. We serve primarily the four-county area of Valencia, Bernalillo, Torrance and Sandoval; however, our vision is to be a leader in community philanthropy. Our leadership spans local, state and national collaborative efforts and our donor-advised fund holders make grants statewide and nationwide. We enable people with philanthropic interests to easily and effectively support the issues they care about - immediately or through a planned gift. We invest in the long-term well-being of nonprofit groups and bring people and organizations together, convening diverse voices to address local issues and opportunities. Our business is building community through equitable practices to support the Foundations overall mission, vision, strategic objectives and commitment to Diversity, Equity & Inclusion. The Foundation also provides staffing support for the New Mexico Community Trust (NMCT), which holds many of the projects that the Compliance Officer will need to thoroughly understand and support. Position Overview Under the supervision of the CFO, the Compliance Officer protects the Foundation from risk and promotes a culture of integrity and accountability. This position will oversee internal compliance with regulatory requirements, internal policies, and requirements of federal, state, city/county, and national philanthropic contracts, grants, and other initiatives undertaken by NMCT and the Foundation. The position will support and lead specific time-bound projects aligned with organizational strategic direction and objectives, which may involve convening, facilitating, and managing/supporting projects in collaboration with multiple project stakeholders. The majority of such initiatives undertaken by NMCT and the Foundation involve a great deal of sub-granting to nonprofit organizations who must also adhere to the compliance requirements of the contract/grant; as such, the Compliance Officer will also coach sub-grantees in compliance and contract/grant management, conduct audits of sub-grantees internal systems and processes to ensure compliance, and offer relational support such as individual meetings and/or program cohorts. The ideal candidate for this role succeeds in balancing multiple priorities with a strong knowledge of compliance, finance, risk management, and nonprofit, governmental, and community relations. Main Job Responsibilities: • Compliance Monitoring:, • Develop, implement, and oversee policies, procedures, and a compliance program that ensure adherence to the Foundations internal policies, state and federal laws, specific contract/grant requirements, and other rules and regulations, • Identify areas of noncompliance and coordinate with Leadership, staff, and external partners (funders, government agencies, contract sub-awardees, etc.) to develop plans for improvement, • Perform internal audits for the Foundation and sub-awardees to ensure compliance with laws, regulations, and program requirements at all levels, • Serve as a point of contact for regulatory agencies and ensure timely reporting and communications, • Compliance Knowledge and Training:, • Maintain current knowledge of applicable laws, rules and regulations, and legal and technical issues for federal and state funds, including but not limited to updates to the Office of Management and Budgets Uniform Guidance., • Regularly revise procedures and reports to reflect regulatory changes and improve upon processes, • Provide training and support to Foundation staff, sub-awardees, and other stakeholders on compliance requirements and related matters, • Risk Management:, • Conduct risk assessments to identify areas of risk in current and prospective programs/contracts and forecast potential future risks, • Develop plans for risk mitigation and management, • Review legal and other documents to evaluate alignment with the Foundations level of risk tolerance, • Ensure risk management policies and strategies are in compliance with applicable regulations, standards, and priorities of the Foundation Other Responsibilities: • Team Collaboration:, • Collaborate with members of the Finance and Community Impact & Leadership teams to ensure a coordinated approach to integrating and managing compliance for various simultaneous contracts and programs, • Participate in Foundation-wide events, meetings, and initiatives as needed, including but not limited to Board of Trustee meetings and the Annual Meeting, • Reporting and Analysis:, • Analyze processes, documents, and systems for compliance and risk, • Conduct and prepare policy and compliance audits and summaries, • Prepare reports for Leadership and external regulatory bodies as required and appropriate, • Community Engagement:, • Represent the Albuquerque Community Foundation at community events, networking functions, and other public forums, • Diversity, Equity and Inclusion:, • All staff are encouraged to develop a practice and learning around diversity, equity, and inclusion Qualifications and Skills Required: • Education & Experience:, • Bachelors degree in business management/administration, law, finance, or other relevant field, • Minimum 3 years of experience with contract/grant management at various levels (federal, state, city/county, private philanthropy) is required, • Experience should include compliance, risk management, legal reviews, audits, or similar processes, • Strong knowledge of compliance/risk management protocols and best practices, • Knowledge of program impact and evaluation is desirable, but not required, • Alignment with Foundation Values:, • Trust: Build relationships based on authenticity, actionable change, adaptability, and cultural humility, • Equity: Address ongoing injustice and work to change systems of oppression and harm, • Integrity: Provide high-quality service with humility and respect, • Accountability: Be responsible and transparent in learning, striving, and adapting towards becoming the communitys foundation, • Technical Skills & Communication Skills:, • Proficiency in MS Office products, • Develop knowledge and expertise in Community Suite and other software, • Strong, clear writing and presentation skills, • Excellent organizational and project management skills, with the ability to manage multiple priorities and deadlines, • Excellent analytical skills and ability to accurately interpret complex documents and policies, • Strong attention to detail and ability to creatively problem-solve, • Work Style:, • Self-motivated, initiative-driven, and integrity-based work style with a commitment to professional ethics, • Ability to prioritize competing time and schedule demands, • Exhibit a professional, courteous, and friendly demeanor, • Dependable and sound decision-making capability, • Ability to work independently and in a team environment, • Other:, • An understanding of philanthropy and a commitment to the mission of the Albuquerque Community Foundation, • High level of integrity, professionalism, and discretion in handling confidential information and promoting compliance with rules and regulations, • Must be available to attend Foundation events and interact positively with attendees, • Must be able to successfully pass a pre-employment background investigation This position is eligible to participate in the Foundations hybrid work environment, meaning the employee has the option to work from home two days a week, as approved by the employees supervisor and Foundation management. Work may be performed in an office setting within the Foundation or another organization or business office, private home or public gathering place. Evening, weekend or irregular hours may be required. Reimbursable travel throughout the four-county Greater Albuquerque Metropolitan Area may be required, as well as occasional reimbursable travel outside this area. The Foundation operates with a small staff. All staff members are expected to participate as needed in all areas.