Regulatory Compliance Analyst

State Employees' Credit Union

Raleigh, United StatesOn-siteFull time
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Location
Raleigh, United States
Work style
On-site
Job type
Full time
Posted
Oct 20
2 days ago
Career path

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About the company

State Employees' Credit Union

Financial services · 5,001 to 10,000 employees

State Employees' Credit Union on LinkedIn

What you'll do

  • Assist with proactive review testing of first-line business functions
  • Review monitoring efforts conducted by first line compliance teams and escalate issues
  • Assist with the annual update of the Compliance Risk Assessment
  • Support review of compliance-based training material
  • Coordinate recordkeeping of compliance training
  • Document and analyze departmental performance indicators and compliance risk indicators
  • Track key compliance indicators and items identified through the issues management lifecycle

What you need

  • Associate degree in any field, or an additional 2 years of relevant experience in lieu of a degree
  • Experience working in a highly regulated industry
  • Exceptional written and verbal communication skills, with great attention to detail
  • Ability to work individually and in a collaborative team setting
  • Ability to remain flexible and adapt to changing departmental demands
  • Bachelor's degree in any field (preferred)
  • Knowledge of state and federal laws and regulations affecting financial institutions (preferred)
  • Proficiency with Microsoft Office Suite (preferred)
  • Education: an associate degree, a bachelor's degree or a professional certificate

Key skills

Compliance-related testingRisk assessmentRegulatory complianceMicrosoft Office SuiteWritten and verbal communicationAttention to detail

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Read the full posting here
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 escalate 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.

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