RISK SPECIALIST I

ADP, Inc.; Yuma (AZ); On-site; USD 52,000 - 75,000; Full time

Job summary

ADP, Inc. is seeking a Quality Control and Compliance Support role focused on analyzing data to identify risk and non-compliance, and providing guidance to mitigate issues across branches and departments.

The role interfaces with internal stakeholders to review compliance with federal and state laws affecting member services. The position requires strong analytical, reporting, and communication skills, with the ability to present findings clearly and maintain confidentiality while supporting

Qualifications

• Knowledge of federal and state financial laws and regulations.
• Experience in financial institutions preferred.
• Ability to read, analyze, and interpret regulations and procedures.
• Ability to write reports, business correspondence, and policy manuals.

Responsibilities

• Assist and support daily, monthly, and quarterly QC and review work as assigned.
• Prepare reports documenting errors, risk and QC issues; formalize findings to branches and departments.
• Provide documentary evidence for efficiency/effectiveness reviews and support management recommendations.
• Support staff in compliance and risk mitigation; review compliance with laws affecting member services.
• Coordinate audits or QC activities and gather information for audits.

Skills

Auditing

Compliance

Risk management

Regulatory interpretation

Report writing

Communication

Team collaboration

Education

High School Diploma or GED

One year exp in Auditing/Compliance

Job description

Primarily responsible for performing Quality Control and Compliance support functions. This role must demonstrate a high level of experience and depth of knowledge to interface with internal stakeholders, analyzing data to identify areas of concern. Must recognize and report issues, often providing guidance to mitigate potential risk or non-compliance. Provides support to staff in reference to compliance and risk mitigation. Reviews the credit union’s compliance with a multitude of laws/regulations which affect operations in providing member services.

Essential Functions & Responsibilities

• Assist and supports daily, monthly, and quarterly Quality Control (QC) and review work, as assigned.
• Assist and supports the preparation of reports that document errors, risk and QC issues and formalize the findings to all the branches and departments and ensure the QC findings are reviewed and corrected.
• Assist and supports the collection, analysis, and provides documentary evidence as a basis for formulating an opinion on the efficiency and effectiveness of operations and activities being reviewed and/or formulated for implementation.Provides reporting and is accountable for the accuracy and integrity of such findings and any recommendations to management.
• Provides support to staff in reference to compliance and risk mitigation. Reviews the credit union’s compliance with a multitude of laws/regulations which affect operations in providing member services.
• Supports the coordination of audits or QC’s performed and may gather information for audits.
• Maintain priority level work and proceeds with objectives under minimal supervision.
• Maintains an open and effective system of communication throughout the organization and has ability to communicate findings and recommendations in a clear and concise manner through presentations, verbal conversations and/or written documents. Must maintain a professional, friendly image and service-oriented approach are being consistently exercised in all areas of responsibility.
• Assist with Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC) related activities as assigned.
• Responsible for complying with the Bank Secrecy Act policies and procedures, including attendance at annual training, as directed by the Bank Secrecy Act Officer.
• Works in the spirit of the credit union’s purpose and values.
• Performs other duties as assigned.

Qualifications, Requirements, & Skills

The qualifications, requirements, and skills below are representative of those required to successfully and satisfactorily perform the essential duties and functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties and functions.

Education/Certification

High School Diploma or GED equivalent; or an equivalent combination of education, training, and experience.

Required Experience

One year experience and/or training in Auditing, Compliance and/or Risk Management in a financial institution is preferred, or equivalent combination of education and experience.

Required Knowledge

Knowledge of applicable federal and state financial laws and regulations. Understanding of loan and operational processes, documentation, and systems.Knowledge of a financial institution’s policies and procedures involving Member transactions. Knowledge of Credit Union transactional systems, reports and reporting formats.

Skills/Abilities

Ability to accurately interpret regulatory implications for the organization. Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and policy & procedure manuals.

Characteristics

Must have a positive attitude. Must be self-motivated and able to function independently in a multi-task environment while also taking direction and working as part of a team. Must possess a high level of integrity, recognizing the need for discretion and confidentiality. Must be able to tactfully handle all situations and remain impartial. Must have a collaborative work style.