Regulatory Compliance Specialist

Suncoast Credit Union; Tampa (FL); Remote; USD 59,000 - 90,000; Full time

Job summary

Join a forward-thinking company as a Regulatory Compliance Specialist, where your expertise will ensure adherence to laws and regulations. In this engaging role, you'll evaluate policies, assess compliance risks, and collaborate with various departments to foster a culture of compliance. With a focus on professional growth and community involvement, this organization offers a supportive environment where employees thrive. Enjoy a competitive salary, comprehensive benefits, and the opportunity to make a significant impact in the financial sector. If you are detail-oriented and passionate about regulatory compliance, this is the perfect role for you.

Benefits

Bonus Program up to 9%

401K Matching up to 8%

Medical Coverage

Dental and Vision Coverage

Access to 4,000+ Gyms

Mental Health Resources

Paid Time Off

Paid Volunteer Hours

Degree Assistance up to $5,000 per year

Qualifications

• 3+ years of experience in regulatory or operations compliance.
• Ability to prioritize tasks and meet deadlines effectively.

Responsibilities

• Evaluate compliance with federal and state laws.
• Collaborate with departments to ensure adherence to regulations.

Skills

Regulatory Compliance

Risk Assessment

Communication Skills

Detail-oriented

Task Management

Education

Bachelor's degree in Business Administration

Bachelor's degree in Finance

Credit Union Compliance Officer (CUCO)

NAFCU Certified Compliance Officer (NCCO)

Tools

Compliance Management System Software

Job description

Overview

Compensation: $59,000 - $90,000 based on experience and credentials

Location Type: Remote

Position Type: Full Time

Schedule: Monday through Friday 8:00 AM - 5:00 PM

It is required to have experience in reviewing regulations, interpreting regulatory requirements, identifying areas needing correction action to achievecompliance, and preventing potential violations.

The Regulatory Compliance Specialist is responsible for ensuring an organization adheres to relevant laws, regulations, and standards. They monitor regulatory developments, staying informed about industry regulations, providing regulatory guidance while strategizing through collaboration with other departments to ensure adherence to regulations.

Responsibilities

• Evaluate each business units’ policies to ensure compliance with applicable federal and state laws and regulations and confirming that their procedures align with the policies
• Provide compliance-related information and answer questions from other business units
• Identify and assess key compliance risks to ensure ongoing internal controls and newly developed products, processes and services have appropriate controls to mitigate eminent risk
• Audit annual compliance training
• Collaborate with the Learning and Development Department to ensure all regulatory training for staff and volunteers is completed
• Ensure regulatory changes or updates to policies and procedures are clearly communicated
• Follow up to ensure new procedures are understood and implemented
• Assist with collecting compliance data from business units for use by internal and external auditors
• Administer compliance management system software and maintains user database
• Maintain knowledge and understanding of current trends, laws, and issues affecting area of expertise
• Attend educational events to l increase professional knowledge

Qualifications

• Bachelor's degree in business administration, finance, or a related field (A comparable combination of work experience and training may be substituted for education requirements.)
• 3+ years of experience in regulatory or operations compliance
• Credit Union Compliance Officer (CUCO) or NAFCU Certified Compliance Officer (NCCO) designation preferred
• Ability to prioritize tasks, deal effectively with competing and changing priorities to meet deadlines
• Accurate, detail-oriented, and organized with task management
• Effective communication skills (written, verbal and interpersonal) to interact with members, staff, vendors, and government regulators

Benefits

• Financial Well-Being: Bonus Program up to 9%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
• Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
• Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
• Community Involvement: Paid Volunteer Hours
• Growth: Degree Assistance up to $5,000 per year

For more information, including additional benefits, please visit our benefits website at https://careers.suncoastcreditunion.com/benefits

Company Overview

Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community.
For more information, please visit our careers site at https://careers.suncoastcreditunion.com/

• Bachelor's degree in business administration, finance, or a related field (A comparable combination of work experience and training may be substituted for education requirements.)
• 3+ years of experience in regulatory or operations compliance
• Credit Union Compliance Officer (CUCO) or NAFCU Certified Compliance Officer (NCCO) designation preferred
• Ability to prioritize tasks, deal effectively with competing and changing priorities to meet deadlines
• Accurate, detail-oriented, and organized with task management
• Effective communication skills (written, verbal and interpersonal) to interact with members, staff, vendors, and government regulators

Benefits

• Financial Well-Being: Bonus Program up to 9%, 401K Matching up to 8%, Retirement Planning, Pay Increases based on Competency, Employee Loan Discounts, Flex Spending Accounts
• Wellness: Medical Coverage, Dental and Vision Coverage, Access to 4,000+ Gyms, Mental Health Resources, PTO Wellness Days, Short Term and Long Term Disability Coverage
• Work-Life Balance: 11 Paid Holidays, 3 weeks of Paid Time Off, 4 weeks of Paid Parental Leave, Birthday PTO
• Community Involvement: Paid Volunteer Hours
• Growth: Degree Assistance up to $5,000 per year

For more information, including additional benefits, please visit our benefits website at https://careers.suncoastcreditunion.com/benefits

Company Overview

Suncoast Credit Union is consistently chosen as a Tampa Bay Times Top Workplace because its employees genuinely #LOVEWORK! Employees flourish in an inclusive culture celebrating growth and prioritizing the community.
For more information, please visit our careers site at https://careers.suncoastcreditunion.com/

• Evaluate each business units’ policies to ensure compliance with applicable federal and state laws and regulations and confirming that their procedures align with the policies
• Provide compliance-related information and answer questions from other business units
• Identify and assess key compliance risks to ensure ongoing internal controls and newly developed products, processes and services have appropriate controls to mitigate eminent risk
• Audit annual compliance training
• Collaborate with the Learning and Development Department to ensure all regulatory training for staff and volunteers is completed
• Ensure regulatory changes or updates to policies and procedures are clearly communicated
• Follow up to ensure new procedures are understood and implemented
• Assist with collecting compliance data from business units for use by internal and external auditors
• Administer compliance management system software and maintains user database
• Maintain knowledge and understanding of current trends, laws, and issues affecting area of expertise
• Attend educational events to l increase professional knowledge