GRC Analyst
TTM Technologies
Cyber Security
Senior Policy and Compliance Officer
Navy Federal Credit Union
full-time
Posted on:
Location: Florida, Virginia • 🇺🇸 United States
Visit company websiteSalary
💰 $111,600 - $163,100 per year
Job Level
Senior
About the role
- Analyze and interpret federal and state laws and regulations to ensure policies and practices comply with federal financial regulations
- Advise business units on UDAAP, FDCPA, ECOA, TILA, FCRA, RESPA, TCPA, EFTA, Expedited Funds Availability Act, Federal Credit Union Act and other laws
- Provide subject matter input on responses to regulator complaints and inquiries and conduct root cause analysis
- Conduct internal compliance reviews, advise managers of findings, and recommend corrective actions
- Counsel and advise management and operating units on requirements of applicable laws and regulations
- Lead teams to implement new or changed compliance requirements and participate on teams to develop compliant products and services
- Emphasize compliance in regular contacts throughout the organization and maintain liaison with external groups
- Mentor, develop, and review work products of Compliance Analysts and perform other duties as required
Requirements
- Bachelor’s degree in related field or the equivalent combination of training, education, and experience (7-10 years)
- Experience in researching and analyzing complex laws and regulations, staff commentaries, legal opinions, court decisions and other documentation and the analysis of operations to determine and ensure compliance
- Thorough knowledge of compliance issues, laws and regulations relating to federal financial regulations as well as the Consumer Financial Protection Bureau’s complaint processes
- Knowledge of regulations impacting financial institutions
- Ability to support and promote an effective, ongoing credit union regulatory compliance program
- Demonstrated ability to effectively communicate complex issues both verbally and in writing
- Ability to lead and manage projects
- Ability to work independently on multiple issues concurrently and to exercise independent judgment in establishing priorities
- Desired: Law degree or graduate degree in related area
- Desired: Compliance experience in complaints management
- Desired: Experience with regulator(s); NCUA, CFPB, OCC, Federal Reserve, etc.
- Desired: Experience in conducting monitoring and assessing risk associated with regulatory compliance issues
- Desired: Experience with data collection and management, including Sharepoint, Excel, etc.
- Desired: Certification as a credit union compliance professional by a widely recognized certification authority
