Compliance Officer

About the role

We are a credit union dedicated to improving lives through fair treatment and mutual assistance. Our Compliance Officer will play a key role in ensuring we comply with relevant regulations and laws.

Responsibilities

• Provide regulatory expertise in response to business initiatives and audits.
• Develop and implement compliance policies and procedures.
• Assist in developing compliance training programs for staff.
• Complete and review risk assessments to identify compliance risks.
• Review and assess compliance issues related to new/revised products and services.
• Ensure compliance with existing processes and recommend new ones.
• Prepare quarterly and annual compliance reports.
• Perform routine monitoring to determine compliance with regulations.
• Communicate monitoring results to management and escalate issues as needed.
• Consult with management and regulatory agencies on compliance matters.
• Maintain a thorough knowledge of relevant laws and regulations.
• Interact with State and Federal Regulatory Agencies, Executive Management, and support departments.

Qualifications

• Strong knowledge of federal and state rules and regulations applicable to financial institutions.
• Knowledge of risk management and compliance.
• Understanding of Credit Union policies and service philosophy.
• Experience in a financial institution or compliance role.
• Preferred certifications: CRCM, CUCO, CMCP.
• Four-year college degree preferred.
• Minimum of five years’ experience in a similar role.