Regulatory Compliance Analyst

State Employees' Credit Union; Raleigh (NC); Híbrido; USD 65.000 - 90.000; Jornada completa

Descripción de la vacante

State Employees' Credit Union is seeking a Regulatory Compliance Analyst to help ensure adherence to applicable laws and regulations. You will assist with testing, monitoring, and risk assessment within Risk Management, supporting training material reviews and compliance training records.

The role emphasizes collaboration and adaptability in a regulated financial environment. The position requires an associate degree with potential equivalency for experience, and knowledge of major regulations

Formación

• Associates degree in any field.
• An additional 2 years of relevant experience can be considered in lieu of a degree.
• Experience in a highly regulated industry, preferably financial services.
• Exceptional written and verbal communication, with strong attention to detail.
• Ability to work independently and in a collaborative team.
• Flexibility to adapt to changing department demands.
• Bachelor’s degree in any field is desirable.

Responsabilidades

• Assist with testing and monitoring to ensure regulatory compliance in core functions.
• Support annual Compliance Risk Assessment updates including inherent risk and controls.
• Review compliance training materials and maintain department training records.
• Document and analyze key compliance metrics and report issues from the lifecycle.

Conocimientos

Communication skills

Attention to detail

Team collaboration

Flexibility

Microsoft Office Suite

Educación

Associate degree

Bachelor’s degree (desirable)

Herramientas

Microsoft Office Suite

Descripción del empleo

Hybrid In-Office/Remote Position

If you are motivated and believe in the credit union philosophy of \"People Helping People,\" join our team!

Position Overview

The Regulatory Compliance Analyst position sits in the Regulatory Compliance team within Risk Management and is responsible for helping to ensure the Credit Union’s compliance with applicable laws and regulations. This position will support the assessment of compliance risks and controls through performing compliance-related testing and monitoring activity.

Responsibilities

• 40% - Testing and Monitoring: Assist with proactive review testing of first-line business functions (including but not limited to: Loan Administration, Deposits & Operations, Card Services and Human Resources) to determine compliance with applicable regulatory requirements and identify regulatory gaps which present risk to the organization. Review monitoring efforts conducted by first line compliance teams and escape issues to management as needed.
• 20% - Risk Assessment: Assist with the annual update of the Compliance Risk Assessment, accounting for inherent risk and mitigating controls to determine overall risk.
• 20% - Training: Support Compliance Counsel team with the review of compliance-based training material, ensuring inclusion of current regulatory requirements and internal processes. Coordinate the recordkeeping of compliance training for the Regulatory Compliance department. Engage in continuing education to stay abreast of regulatory changes and in preparation for compliance reviews.
• 20% - Metric Reporting: Support efforts to document and analyze key departmental performance indicators, as well as key compliance risk indicators for the Credit Union. Track key compliance indicators from first line compliance function teams. Track and report on items identified through the issues management lifecycle.

Required Education

• Associates degree in any field.
• An additional 2 years of relevant experience can be considered in lieu of a degree.

Required Relevant Experience

• Experience working in a highly regulated industry (preferably a credit union or financial institution).
• Exceptional written and verbal communication skills, with great attention to detail.
• Demonstrated ability to work individually as well as in a collaborative team setting.
• Ability to remain flexible and adapt to changing departmental demands.

Desired Knowledge, Abilities, Skills

• Bachelor’s degree in any field.
• Compliance certifications such as the ACU Credit Union Compliance Officer (CUCO) designation and/or the ACU Certified Credit Union HR Compliance Professional (CHRCP) designation, or the willingness to earn in a reasonable time period.
• Knowledge of state and federal laws, and regulations affecting state-chartered, federally insured credit unions, banks, and other financial institutions (especially those promulgated by the National Credit Union Administration and Consumer Financial Protection Bureau), such as: TILA, RESPA, HMDA, FCRA, FDCPA, SCRA, SAFE Act, ECOA, TISA, Regulation CC, EFTA, ESIGN, and UDAAP.
• Knowledge of federal employment laws including but not limited to ERISA, FMLA, FLSA, and the ADA.
• Proficiency with Microsoft Office Suite.

Special Position Requirements

• Hybrid expectations.
• Sitting for prolonged periods of time.
• Computer use for long periods of time.

Disclaimer

SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.

Disclaimer State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.

State Employees' Credit Union is a not-for-profit, member-owned financial cooperative with a \"Do the Right Thing\" mission and a goal of helping people in our community.

SECU values the differences in our staff and in our North Carolina communities.

We believe that embracing the uniqueness of individuals makes our cooperative stronger, more innovative and better able to serve SECU members.