Compliance Risk Advisor

Mountain America Credit Union; Sandy (UT); Hybrid; USD 70,000 - 100,000; Full time

Job summary

Mountain America Credit Union is seeking a Compliance Risk Coordinator to support the CMS by monitoring controls, documenting risk, and advising business units. The role involves hybrid work at Mountain America Center in Sandy, UT, with in-office days Monday and Tuesday.

Responsibilities include policy gap analysis, regulatory interpretation, and training material development. Ideal candidates have 3+ years in research or compliance, a Bachelor's in business finance or equivalent experience, and

Qualifications

• Minimum 3 years' research and/or compliance experience.
• Bachelor's degree in business finance or additional 5 years combined experience in a financial setting.
• CUCE designation preferred.
• Ability to clearly express ideas, results and recommendations in writing and reports.

Responsibilities

• Assist in gap analysis for credit union policies and procedures
• Identify control improvements for monitoring risk
• Administer internal procedure repository solution to track, monitor, and report compliance changes throughout the organization
• Review updates to procedures and determine if changes affect board policy, standards or step-by-steps
• Review internal operating and lending policies, programs, and procedures periodically to ensure adherence to laws, rules and regulation
• Assist in developing and reviewing compliance training materials related to operations, deposit accounts, lending products and services. Conduct compliance training (e.g., new manager compliance training), as applicable
• Coordinate the review and interpretation of new and pending regulations that may impact the credit union's procedures
• Gather and assist BUs with remediation or acceptance of risk associated with identified issues and opportunities for improvement
• Document and report issues management and business unit support activities using established methods
• Conduct reviews of marketing assets/proofs, as applicable, and assist marketing team with inquires related to operations and lending
• Assists with the compliance monitoring process including identification of areas to monitor, monitoring schedule, reporting, and addressing identified gaps
• Develop and maintain an effective working relationship with BUs and management
• Assist BUs with inquiries related to operations, and deposit accounts, lending regulations and industry standards
• Partners with Governance and Regulatory Risk to ensure compliance risk activities‑in‑cluding monitoring, issues management, and controls‑meet regulatory requirements.
• Execute assigned functions including planning, reporting, and finalization; execute work in conformance with department standards, budgets and deadlines
• Utilize judgment and responsibility in fulfilling department functions using the credit union policies and the hierarchy of decision making
• Complies with all regulations as required by law, which may include but not limited to BSA, OFAC, FACT Act, GLBA, Regulation CC (Funds availability), Regulation DD (TISA), Regulation E, UDAAP, and Reg. B, Reg. Z, RESPA, HMDA, Fair Lending. FCRA, CARD Act and other regulations as required by law as it relates to his/her position
• Perform other duties as assigned

Skills

Compliance

Risk assessment

Regulatory knowledge

Analytical thinking

Communication

Education

Bachelor's degree in business finance

5+ years combined experience in financial setting

Tools

Microsoft Office Suite (Outlook, Word, PowerPoint, Excel)

Symitar

Archer

Analytical/reporting software

Job description

Job Summary

The Compliance Risk Coordinator is a critical member of Mountain America's Compliance Risk team that contributes to the overall implementation of the credit union's Compliance Management System (CMS) which involves monitoring and documenting controls, and advising business units on risk. The Compliance Risk Coordinator executes compliance monitoring activities, ensures compliance procedures are identified and developed, reports and escalates issues to assigned business units, and participates in root‑cause analysis and validation of remediation efforts. The Compliance Risk Coordinator acts as a primary liaison for business units to ensure the credit union maintains a strong CMS.

Job Description

LOCATION

Mountain America Center - Hybrid
9800 S Monroe St
Sandy, UT 84070

SCHEDULE

Full Time; this is a hybrid schedule with some weekly in office expectation, based on business need.

• Typical days in office will be Monday and Tuesday

• Assist in gap analysis for credit union policies and procedures
• Identify control improvements for monitoring risk
• Administer internal procedure repository solution to track, monitor, and report compliance changes throughout the organization
• Review updates to procedures and determine if changes affect board policy, standards or step-by-steps
• Review internal operating and lending policies, programs, and procedures periodically to ensure adherence to laws, rules and regulation
• Assist in developing and reviewing compliance training materials related to operations, deposit accounts, lending products and services. Conduct compliance training (e.g., new manager compliance training), as applicable
• Coordinate the review and interpretation of new and pending regulations that may impact the credit union's procedures
• Gather and assist BUs with remediation or acceptance of risk associated with identified issues and opportunities for improvement
• Document and report issues management and business unit support activities using established methods
• Conduct reviews of marketing assets/proofs, as applicable, and assist marketing team with inquires related to operations and lending
• Assists with the compliance monitoring process including identification of areas to monitor, monitoring schedule, reporting, and addressing identified gaps
• Develop and maintain an effective working relationship with BUs and management
• Assist BUs with inquiries related to operations, and deposit accounts, lending regulations and industry standards
• Partners with Governance and Regulatory Risk to ensure compliance risk activities‑in‑cluding monitoring, issues management, and controls‑meet regulatory requirements.
• Execute assigned functions including planning, reporting, and finalization; execute work in conformance with department standards, budgets and deadlines
• Utilize judgment and responsibility in fulfilling department functions using the credit union policies and the hierarchy of decision making
• Complies with all regulations as required by law, which may include but not limited to BSA, OFAC, FACT Act, GLBA, Regulation CC (Funds availability), Regulation DD (TISA), Regulation E, UDAAP, and Reg. B, Reg. Z, RESPA, HMDA, Fair Lending. FCRA, CARD Act and other regulations as required by law as it relates to his/her position
• Perform other duties as assigned

KNOWLEDGE, SKILLS, and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

Minimum 3 years' research and/or compliance experience

Education

Bachelor's degree in business finance or additional 5 years combined experience in a financial setting.

Licenses, Certifications, Registrations

CUCE designation preferred

Managerial Responsibility N/A

Computer/Office Equipment Skills

Advanced skills with Microsoft Office Suite including Outlook, Word, PowerPoint, and Excel
Experience with analytical and reporting software preferred
Experience with Symitar, Archer or another financial institutions software

Language Skills

Demonstrated ability to clearly express ideas, methodology, results and recommendations verbally, in writing and through insightful reports and graphic illustrations
Demonstrated ability to document outcomes and present information in a manner appropriate for key stakeholders and all levels of the organization

Other Skills and Abilities

Highly analytical and strong attention to detail
Abili