Compliance Officer (Onsite): El Centro

Responsibilities

• Develops, implements, and manages the credit union’s Compliance Management Program.
• Oversees Frontwave’s regulatory compliance change management process and facilitates regulatory changes based on credit union needs, statutory requirements, and organizational initiatives.
• Covers periodic compliance risk assessments to identify vulnerabilities, process gaps, and opportunities for strengthening controls.
• Maintains current knowledge of applicable laws, rules, and regulations through ongoing research and monitoring.
• Communicates relevant regulatory updates to departments and branches and responds to staff questions about policies, procedures, operations, and compliance matters.
• Develops, implements, and facilitates compliance training programs, presentations, exercises, and materials for staff and Management.
• Reviews, documents, and updates compliance-related processes and recommends procedural changes to Management and other appropriate stakeholders.
• Reviews credit union forms, documents, disclosures, advertisements, and promotional materials for accuracy, current usage, and regulatory compliance, including APY and APR calculations when applicable.
• Analyzes internal processes, procedures, and controls and recommends improvements to increase efficiency, deter and detect fraud, mitigate risk, and support compliance with applicable policies and procedures.
• Investigates internal compliance breaches, member complaints, and audit deficiencies to support timely remediation.
• Performs special engagements, analyses, and projects; gathers data; prepares reports for Management, audits, and other stakeholders; and ensures compliance with applicable reporting, recordkeeping, and document retention requirements.
• Demonstrates a commitment to continuous learning and professional growth.

Qualifications

• Bachelor’s degree in Business, Economics, Finance, or a related field from an accredited four-year college or university.
• Three to five years of compliance-related experience in a financial institution.
• An equivalent combination of education and experience may be considered in lieu of the stated education requirement.
• In-depth background in banking regulatory compliance, financial services branch operations, and applicable federal, state, and local agency rules, regulations, and laws.
• Strong understanding of financial institution concepts, principles, and practices, with demonstrated ability to apply this knowledge to complex assignments, including the development of new processes, guidelines, or procedures.
• Excellent research skills, with competence in collecting data, establishing facts, and interpreting a wide variety of technical instructions and regulatory guidelines.
• Refined observation and analytical skills, with the ability to draw valid conclusions from facts in non-standard situations.
• Proven ability to address complex problems involving multiple factors and variables while using sound organizational and time management skills.
• Attention to detail and the ability to communicate clearly and professionally, both verbally and in writing.
• Proficiency in creating effective and persuasive presentations on operational and regulatory compliance matters for staff and Management.
• Intermediate or advanced skills with Microsoft Office Suite applications, including Outlook, Excel, Word, and PowerPoint.
• Experience with automated policy and procedure management software and compliance management systems is highly desirable.
• Desired Certifications: Certified Regulatory Compliance Manager (CRCM), Credit Union Compliance Officer (CUCO), Certified Community Bank Compliance Officer (CCBCO), or similar certification preferred or the ability to obtain within 6 months of hire.