Compliance Officer

University of Hawaii Federal Credit Union; Honolulu (HI); On-site; USD 75,000 - 90,000; Full time

Benefits offered by this job

On-demand pay through financial well­-

Medical Insurance

Dental Insurance

401(k) Plan with Employer Match

35+ Paid Days Off per Year

Vacation Cash-Out

Flexible Spending Accounts

Life Insurance

Long Term Disability

Employee Assistance Program

Bus pass subsidy

Referral program

Professional development opportunities

Job summary

University of Hawaii Federal Credit Union is seeking a Compliance Officer to develop and oversee programs ensuring adherence to laws, regulations, and internal policies across the credit union. You will educate staff and leadership on compliance responsibilities and manage risk exposure.

The role requires evaluating regulatory changes, maintaining documentation, and partnering with management to implement robust compliance practices in a dynamic financial services environment in Hawaii.

Qualifications

• Four-year degree or equivalent work experience.
• Must be proficient in MS Office Suite.
• Knowledge of financial institution regulations.
• Experience in writing policies, manuals and procedures.
• Requires the development, preparation, and monitoring of budgets.
• Able to interpret regulations and laws and disseminate information.

Responsibilities

• 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.
• Assists 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.
• Assists 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.
• Assists with the Credit Union Vendor Due Diligence Program.
• Assists with the development and maintenance of the Enterprise Risk Management Program.
• Responds to concerns from management, and staff.
• Supports and carries out the strategic objectives of the credit union.
• Performs other duties as required.

Skills

Customer service

Coaching

Analytical thinking

Multitasking

Communication

Teamwork

Problem solving

Education

Four-year degree or equivalent

Tools

MS Office Suite

Job description

Salary Range: $75,000.00 To $90,000.00 Annually

DO YOU WANT TO MAKE A DIFFERENCE?

Join a spirited, dynamic team with Hawai`i’s leading credit union as we make a difference in our community – providing financial value, exceptional service, and state-of-the-art convenience to our members.

Position Title

Compliance Officer

Department

Compliance

FLSA Classification

Exempt

Reports to

Vice President, Member Support

Employee 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-Coverage
• Dental Insurance; Company Pays 100% of Employee's Self-Coverage and Employee Pays for Low Cost Family-Coverage
• Medical and Dental Plan Premium Waiver Option
• 401(k) Retirement Plan with Employer Match and Non-Elective Contribution (NEC)
• Eligible to Earn Thirty-Five (35+) Paid Days Off a Year
• Vacation Cash-Out Program
• Flexible Spending Accounts: Healthcare and Dependent Care (Pre-Tax Benefit)
• Company Pays for Employee Group Basic Life With AD&D Insurance
• Company Pays for Employee Long Term Disability Insurance
• Voluntary Accident Recovery, Critical Illness + Cancer, and Hospital Insurance
• Employee Assistance Program (EAP)
• Employee Loan Discount
• Company Subsidizes 50% for Adult Monthly Bus Pass
• Cash Reward Employee Referral Program
• Workiversary Cash Reward and Gifts
• Internal and External Professional Development Opportunities
• And Many More!

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.
• Assists 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.
• Assists 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.
• Assists with the Credit Union Vendor Due Diligence Program.
• Assists with the development and maintenance of the Enterprise Risk Management Program.
• Responds to concerns from management, and staff.
• Supports and carries out the strategic objectives of the credit union.
• Performs other duties as required.

Performance Standards

The following duties are completed in an accurate, updated and timely manner:

• Credit union is in compliance with all federal and state rules and regulations.
• Compliance training for board of directors, management, and staff.
• Credit union policies and procedures are compliant with all federal and state rules and regulations.
• Credit union disclosures, forms, and marketing materials are compliant with federal and state rules and regulations.

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.

Activities and Requirements of this Position

Repetitive Motion

Movements frequently and regularly required using wrists, hands, and/or fingers.

Communication Skills

Must frequently convey detailed or important instructions or ideas accurately and quickly.

Visual Abilities

Average visual acuity necessary to read, prepare and inspect documents or products.

Hearing

Able to hear average or normal conversations and receive information.

Physical Strength

Sedentary work (sitting most of the time). Able to lift and carry up to 25 lbs.

Reasoning Ability

Able to apply common sense understanding to carry-out detailed instructions and to deal with problems involving variables.

Mathematics Ability

Able to perform basic math skills including adding, subtracting, multiplying and dividing using a calculator.

Language Ability

Able to write complex sentences using normal word order with present and past tenses, as well as a command of the English vocabulary.

Working Conditions

Air-conditioned, smoke-free office setting.

Attendance Requirements

Please note that scheduled attendance requirements may change due to business needs.

Business Hours

Monday through Saturday. Business hours are subject to change. Must be able to work additional hours, weekends, and holidays as needed.