Compliance Analyst

About Redwood Credit Union

At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad. As a not-for-profit financial institution, we are committed to a people-first approach, reflected in how we serve our Members and treat our employees. Our leadership team fosters a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and financial well-being for all.

Why work for Redwood Credit Union?

• 25th largest credit union in the U.S. and the largest financial institution based in the North Bay
• Recognized by Newsweek as one of "America's Best Credit Unions 2026"
• Awarded a 5-Star Bauer Rating
• Recognized by Newsweek as one of "America's Greatest Midsize Workplaces 2025"
• Top Corporate Philanthropists (#24) - San Francisco Business Times
• Voted Best Places to Work in the North Bay 20 years in a row
• World-class Employee Engagement scores
• Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
• Industry-leading Net Promoter Scores across the U.S.

Responsibilities

Compliance

• Review and conduct in-depth analysis on regulatory and legal changes affecting financial institutions to determine applicability and impact to RCU.
• Research regulatory/legal questions for other departments as assigned.
• Prepare and present analysis summaries and findings to RCU management to assist in decision-making.
• Independently work with RCU departments to implement legal requirements and ensure changes to products, services, and processes comply with applicable legal requirements.
• Create and manage compliance programs and training programs.
• Review advertisements, forms, letters, and disclosures for other departments to ensure compliance with applicable legal requirements.
• Prepare revisions to Credit Union disclosures.
• Prepare written reports and analysis for Compliance management.
• Assist on projects, exams, audits, and other tasks as assigned.
• Provide excellent service to all Members and internal clients.
• Prepare currency transaction reports in compliance with the Bank Secrecy Act.
• Manage projects required to implement regulatory and legal changes, including setting project goals, coordinating efforts between multiple departments, and monitoring for effectiveness.

Risk Management

• Independently work with RCU departments to identify and mitigate risks to the line of business, including compliance, business continuity, and internal controls.
• Collect and prepare information for business continuity planning.

Audit

• Collect and prepare information for both internal and external audits.
• Document audit procedures performed or coordinated/supported.
• Maintain audit work papers and documentation.
• Develop and monitor remediation plans resulting from any deficiencies identified in audits.
• Submit all audit work (i.e., planning, programs, work papers, reports, etc.) to the Compliance Manager for review prior to issuance of final reports.
• Administer compliance testing program and monitor result status.

Administration

• Assist with department budget preparation and perform legal expense analysis.
• Complete monthly report(s) and maintain records of time usage.
• Manage and administer RCU’s forms library.
• Manage and administer RCU’s Management Procedures Manual.
• Attend training as designated by Compliance Manager.

Requirements

• Comprehensive knowledge of laws, regulations, principles, and processes related to financial institutions.
• Strong analytical/problem-solving, communication, organizational, and interpersonal skills.
• Possess insight and judgment to initiate timely and appropriate action.
• Meticulous attention to detail.
• Skill in the operation of a PC with the use of Microsoft Office software and Browser-based applications; ability to navigate internet and intranet applications.
• Ability to communicate complex ideas effectively, both verbally and in writing.
• Ability to establish and maintain effective working relationships with diverse groups of people.
• Ability to effectively research and report on complex legal issues.
• Ability to organize, coordinate, and prioritize a variety of activities simultaneously with limited supervision.
• Ability to act independently and confidentially, using discretion and tact.
• Ability to distinguish and manage confidential material and information.
• Ability and desire to work in a team environment, with the ability to establish and maintain effective working relationships in a diverse environment, including working with other departments.

Qualifications

The ideal candidate has a combination of education and experience equivalent to a bachelor’s degree in business, pre-law, or related field with a minimum of five years of experience in the financial services industry; regulatory compliance or financial institution internal audit.

Compliance Officer Certification (NCCO, CUCE, or equivalent) is desirable.

Pay

Base starting range: $42.00 to $55.00 per hour, commensurate with experience. Our base salary starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity.

Benefits

• Competitive medical, dental, and vision insurance, mental health offerings
• Employee performance incentive plan
• Salary Advancement- Merit increase based on performance
• 401(k) program with employer match
• Competitive PTO accrual plus 11 paid company holidays and your birthday off

RCU Discounts and Perks

• 0.75% discount off RCU standard collateral auto loans
• 1% discount on all recreational or boat loan products
• 2% discount off Visas and LOC Loans through RCU
• 0% interest loan to support employees with various immigration-related expenses such as visa application fees and relocation costs. Loan amount up to $1,000.
• 0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15,000.
• 0% interest on garment, fitness, or home office equipment loan of up to $500
• 100% financing for employee-purchased homes

Physical Requirements

• Ability to attend offsite conferences which may include travel by car or air.
• Ability to stand, bend, stoop, sit, walk, twist, and turn.
• Ability to use a computer keyboard and calculator.
• Ability to lift up to 15 pounds occasionally.

Work environment is indoors; the majority of the time is spent sitting at a desk.