Compliance Specialist
Connexus Credit Union
full-time
Posted on:
Location Type: Remote
Location: Florida • Illinois • United States
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Job Level
About the role
- Support the development, implementation, and maintenance of comprehensive compliance programs
- Collaborate with department leaders to assess compliance risks
- Develop clear guidance and training materials
- Promote consistent regulatory understanding across the organization
- Serve as a subject matter expert for compliance and regulatory initiatives
- Ensure alignment with organizational standards and best practices
- Monitor compliance activities, analyze test results, support audits and reviews
- Provide guidance or recommendations to reinforce a strong culture of compliance and continuous improvement
- Coordinate and gather information for quarterly compliance reviews, loan reviews and the internal audit program
- Work with Learning and Development to ensure staff complete appropriate compliance training
- Monitor guidance and bulletins issued by government regulatory agencies and industry groups for emerging changes
- Identify the impact of new regulations on the Credit Union and advise management on viable control options
- Assist the Risk Management Department with the ongoing review and update of the Credit Union’s policies and risk assessments
- Prepare summary reports for Board of Directors / Supervisory Committee review
- Review all marketing promotions and documents to ensure regulatory compliance
- Work with internal departments to update Credit Union consumer disclosures
- Assist Internal Audit with ongoing due diligence analysis of third-party vendor relationships
- Manage and resolve operational inquiries that are received through the Compliance Help Desk
- Provide guidance to the Fraud Department on BSA/AML/OFAC compliance when needed
- Comply with all Federal Regulations as they pertain to your job duties, including BSA
Requirements
- Bachelor's degree or commensurate experience is Required.
- 1+ years of experience working in a compliance role within the financial industry is Required.
- Ability to obtain compliance certification through the America’s Credit Unions within the first 18 months of employment.
- After obtaining the certification, the employee will need to maintain the certification including the renewal of the certification through America's Credit Unions is Required.
- Working knowledge of compliance-related laws, regulation, issues and credit union/bank supervisory procedures and knowledge of credit unions/banking functions, how they are organized and regulated is Required.
- Proven organizational abilities and communication skills that will be utilized to promote the Compliance Management Program and further its effectiveness at the Credit Union is Required.
Benefits
- 20 days of paid time off and 10 paid holidays
- 16 hours of paid Volunteer Time Off
- 401K Retirement with up to 6% employer match
- Excellent Health, Dental, Vision insurance, including multiple plan options
- Health Savings Account with generous employer contributions
- Employer paid Life insurance, Short-Term and Long-Term Disability
- Tuition Reimbursement from $4,000 - $7,000 per calendar year
- Robust Learning and Development program that includes an annual professional development stipend
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
compliance programsregulatory compliancerisk assessmentaudit supportcompliance trainingBSA/AML/OFAC complianceregulatory guidancepolicy reviewdue diligence analysisreport preparation
Soft Skills
organizational abilitiescommunication skillscollaborationguidance provisionproblem-solvingcontinuous improvementtraining developmentsubject matter expertiseoperational inquiry resolutionpromoting compliance culture
Certifications
compliance certificationAmerica’s Credit Unions certification