Regulatory Compliance Analyst

SECU; Raleigh (NC); Hybrid; USD 65,000 - 90,000; Full time

Job summary

SECU is seeking a Regulatory Compliance Analyst to join the Risk Management team. The role focuses on testing, monitoring, risk assessment, training, and metric reporting within a hybrid work model.

The ideal candidate has experience in regulated environments, strong communication skills, and a collaborative mindset. A degree and relevant certifications are preferred.

Qualifications

• Associates degree in any field; 2 years of relevant experience can substitute.
• Experience in a highly regulated industry (credit union/financial institution).
• Exceptional written and verbal communication with great attention to detail.
• Ability to work independently and in a collaborative team setting.

Responsibilities

• 40% testing and monitoring across first-line functions to ensure regulatory compliance and identify gaps.
• Review monitoring efforts and elevate issues to management as needed.

Skills

Communication

Attention to detail

Teamwork

Regulatory knowledge

MS Office

Education

Associates degree

Bachelor’s degree

CUCO/CHRCP certifications

Tools

Microsoft Office Suite

Job description

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

Hybrid In-Office/Remote Position

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 elevate 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.

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.