Compliance Officer

Position Purpose

This position develops, administers and monitors programs for compliance with laws, regulations and rules governing operations and products. Informs and educates staff and Senior Management of compliance responsibilities. Ensures Senior Management is kept informed of all aspects of the Credit Union’s compliance activities, including an evaluation of its relative risk exposure related to compliance.

Essential Functions

• Performs reviews to ensure the credit union’s operations are in compliance with all regulatory requirements.
• Develops and implements ongoing compliance training programs to meet the goals and objectives of the credit union relevant to quality standards established.
• Aids with the credit union’s Bank Secrecy Act and Red Flags Program.
• Interprets and disseminates information on regulatory matters in a timely manner.
• Ensures that all forms and disclosures are in compliance with NCUA rules and regulations.
• Creates and manages a compliance program, to be continually maintained and monitored as new regulations or changes to existing regulations become effective.
• Aids management with compliance issues by being a resource in obtaining pertinent information on various rules and regulations and identifying impacts to current operations and services.
• Assists auditors and examiners in their review of the credit union’s records.
• Receives and responds to subpoena and related legal requests for information.
• Files fidelity bond or related insurance claims.
• Aids with the Credit Union Vendor Due Diligence Program.
• Aids with the development and maintenance of the Enterprise Risk Management Program.
• Supports and carries out the strategic objectives of the credit union.
• Performs other duties as required.

Qualifications

• Education/Certification: Four-year degree or equivalent work experience.
• Required Knowledge: Must be proficient in MS Office Suite. Knowledge of financial institution regulations.
• Experience Required: Experience in writing policies, manuals and procedures.
• Skills/Abilities: Requires the development, preparation, and monitoring of budgets. Able to interpret regulations and laws and disseminate information. Able to multi-task, work under pressure and meet deadlines. Excellent customer service & interpersonal skills. Able to work in a fast-paced environment. Effective and clear verbal and written communication skills. Foster team work. Excellent coaching and mentoring skills. Excellent analytical, creative, and problem solving skills.

Position Benefits

One great perk of working at UHFCU is we offer on-demand pay through our financial wellness provider. With the on-demand pay benefit, you can have the money you've already earned when you need it, so your time and money can work better for you. Get early access and get paid without waiting for your paycheck. In addition to competitive pay, we are proud to offer a comprehensive benefits package. Medical Insurance which Includes Drug and Vision; Company pays 100% of Employee's Self-Coverage; PLUS, a Company Paid Subsidy Towards Family-CoverageDental Insurance; Company Pays 100% of Employee's Self-Coverage and Employee Pays for Low Cost Family-CoverageMedical and Dental Plan Premium Waiver Option401(k) Retirement Plan with Employer Match and Non-Elective Contribution (NEC)Eligible to Earn Thirty-Five (35+) Paid Days Off a YearVacation Cash-Out ProgramFlexible Spending Accounts: Healthcare and Dependent Care (Pre-Tax Benefit)Company Pays for Employee Group Basic Life With AD&D InsuranceCompany Pays for Employee Long Term Disability InsuranceVoluntary Accident Recovery, Critical Illness + Cancer, and Hospital InsuranceEmployee Assistance Program (EAP)Employee Loan DiscountCompany Subsidizes 50% for Adult Monthly Bus Pass Cash Reward Employee Referral ProgramWorkiversary Cash Reward and GiftsInternal and External Professional Development OpportunitiesAnd Many More!