Compliance Officer

Christian Financial Credit Union; Sterling Heights (MI); Presencial; USD 90.000 - 130.000; Jornada completa

Descripción de la vacante

Christian Financial Credit Union is seeking a Compliance Officer to serve as the subject matter expert on compliance matters, developing and maintaining programs to align with state and federal laws. You will work with departments to implement changes, coordinate training, and oversee audits with external auditors and examiners.

The role requires experience in financial compliance, strong analytical and communication skills, and the ability to advise management on policy updates.

Formación

• Bachelor’s degree in Business Administration or related field required.
• 3+ years of compliance experience in a financial institution of comparable asset size.
• CUCE designation or ability to obtain within 12 months.

Responsabilidades

• Establishes and maintains the Credit Union’s Compliance Program.
• Stays informed of Federal and State laws and regulations and the changing compliance landscape.
• Evaluates policies, procedures, products, and services to ensure compliance with applicable laws and regulations.
• Reviews and maintains regulatory compliance related policies and procedures.
• Advises management and provides recommendations for change where appropriate.
• Oversees training initiatives related to compliance and maintains a training calendar.
• Interfaces with external auditors and state examiners during audits and monitors corrective actions.
• Complies with BSA/AML requirements and internal controls.

Conocimientos

Leadership

Relationship building

Analytical skills

Communication

Teamwork

Tech proficiency

Data processing

CU policies

Confidentiality

Educación

Bachelor’s degree in Business Administration or related field

Descripción del empleo

Role Description

The Compliance Officer is the Credit Union’s subject matter expert on compliance related matters. The Compliance Officer will analyze requirements and ensure that the Credit Union is compliant with State and Federal laws and regulations. The incumbent is responsible for the development, implantation and implantation and maintenance of compliance programs and assesses the effectiveness of programs. This Compliance Officer will play a critical role in support of product and service development and launch, identifying required elements of future implantation and enhancements. Ensures compliance functions are well coordinated with departments and branches.

Responsibilities

• Establishes and maintains the Credit Union’s Compliance Program.


• Stays informed of Federal and State laws and regulations and the changing compliance landscape through professional reading, researching, networking, and seminar attendance.


• Evaluates Credit Union policies, procedures, products, and services to ensure compliance with applicable laws and r4egulations.


• Responsible for reviewing, creating and/or maintaining regulatory compliance related policies and procedures.


• Assists in design or revision of forms, products, services, website programs.


• Advises management and provides recommendations for change where appropriate.


• Verifies that changes to policies, procedures, products, etc. are communicated to impacted departments or to the entire Credit Union.


• Works with departments to ensure changes are implemented effectively and assists in establishing internal controls as needed.


• Interfaces with external auditors and state examiners during compliance related audits/exams. Assure issues are addressed and monitor corrective actions.


• Oversee training initiatives related to compliance.


• Develops and maintains a compliance training calendar for employees and Board Members


• Ensure all receive sufficient training as required frothier roles in a timely matter. May work with the Education Department to implement.


• Develop and ensure implantation of record retention policies and procedures is accordance with regulations and laws.


• Provides regular reports of compliance activities to the Board Directors


• Maintains effective relationships and communication with department heads.


• Adhere to CU policies and procedures.


• Comply with applicable federal and state laws and regulations regarding BSA/AML.


• Perform other duties as assigned.

Qualifications

• Bachelor’s degree in Business Administration or related field required.


• 3 + years of compliance experience within a financial institution of comparable asset size, preferably a Credit Union. Comparable experience may be considered.


• Credit Union Compliance Expert (CUCE) designation or the ability to attain within 12 months of entry into the position.

Expected Skills and Abilities

To perform this job successfully, an individual must be able to perform each responsibility satisfactorily. The requirements listed below are representative of the minimum knowledge, skill, and/or ability required.

• Demonstrated leadership skills.


• Ability to establish and maintain effective working relationships across all functional areas of the Credit Union.


• Ability to establish and maintain effective working relationships across all functional areas of the Credit Union.


• The ability to research and analyze information.


• Excellent listening, clear verbal, and professional written communication skills


• Demonstrated ability to work under pressure, to be flexible, and to work successfully in a team environment as well as autonomously with limited direction.


• Proficiency with computer software and the ability to adapt quickly to changing technology.


• Knowledge of core data processing system.


• Knowledge of Credit Union policies and procedures.


• Ability to carry out duties with a high degree of confidentiality.

Required Courses

• Completion of all required Credit Union Training

This is a general job description and is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, use a keyboard, talk and hear. The employee is also required to drive, walk, reach with hands and arms; and stoop or kneel. The employee must be able to lift and or move up to 40 pounds. Specific vision abilities required by this job include close vision and the ability to adjust and focus.

CFCU is an equal opportunity employer, all hiring decisions are based on merit. CFCU will not tolerate discrimination against any employee in any aspect of employment based upon the employee's religion, race, color, national origin, age, sex, height, weight, sexual preference, marital status, pregnancy, disability, genetic information, or any other category protected under federal, state, or local law.

CFCU is committed to providing equal employment opportunities to qualified individuals with disabilities. This may include providing reasonable accommodation where appropriate in order for an otherwise qualified individual to perform the essential functions of the job.