Corporate Compliance - Compliance Analyst - Hybrid - Sacramento, CA

JOB TITLE: Compliance Analyst

DEPARTMENT: Corporate Compliance

STATUS: EXEMPT

JOB CODE: 4318

PAY SCALE: $66,560.00 - $73,500.00 Annually

GENERAL DESCRIPTION:

The Compliance Analyst will be responsible for assisting in the execution of the Compliance Program. Under the direction of the Corporate Compliance Sr. Manager/Manager, assists supported departments with compliance related activities including regulatory research, reviews of policies and procedures, and marketing/communication collateral reviews, and project/initiative support to ensure ongoing compliance with governmental regulations.

TASKS, DUTIES, FUNCTIONS:

1. Under the direction of the Compliance Sr. Manager/Manager, assist with the maintenance and continued improvement of the Credit Union’s Compliance Program.


2. Promote compliance awareness across the organization by establishing and maintaining relationships with key business line and functional stakeholders.


3. Maintain a thorough understanding of state and federal laws and regulations related to regulatory consumer protection compliance.


4. Escalate any compliance concerns to the Compliance Manager for possible corrective action.


5. Review marketing collateral and member communications to ensure compliance with applicable regulations.


6. Assist with monitoring, tracking, and reporting changes to state and federal laws, regulations, rules, and providing guidance to business owners, compliance management, and senior managers.


7. Prepare compliance reports by collecting, analyzing, and summarizing information in order to deliver accurate and reliable information for decision-making.


8. Performs all other related duties as assigned.

PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS:

1. Effective oral and written communication skills required to proof-read, review, summarize, and report on complex government rules, regulations, and guidance.


2. Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, facsimile machine and telephone.

ORGANIZATIONAL CONTACTS & RELATIONSHIPS:

1. INTERNAL: All levels of staff.


2. EXTERNAL: Vendors, management and the staff of other financial institutions.

QUALIFICATIONS:

• EDUCATION: Bachelor’s degree in Business Administration or Associate’s degree coupled with commensurate experience in business communications, analysis and/or regulatory compliance. May be considered if individual demonstrates skill level appropriated for the position.


• EXPERIENCE: Minimum three years’ experience with in regulatory compliance, risk or audit for a financial institution including an emphasis on regulatory compliance, customer service, branch operations, complaint resolution and problem-solving.


• KNOWLEDGE/SKILLS:




• Knowledgeable of compliance laws, rules, regulations (with a special emphasis on consumer protection regulations), and procedures. Sound knowledge of principles of business.


• Ability to communicate at a management level (oral and written) and work well with others in a dynamic team environment.


• Demonstrated ability to utilize a consultative approach with all levels of management.


• Strong foundation in credit union philosophy, member service and operational processes.


• Ability to work effectively and collaboratively within the department, with business unit owners, and others outside of the credit union.


• Strong problem-solving, credit union operations, and organizational skills with the ability to present information logically.


• Ability to positively communicate suggested solutions and alternate outcomes.


• Ability to multi-task effectively and meet deadlines with limited supervision.


• Possess the ability to work independently with minimal some direction and exhibit initiative.


• Demonstrated ability to think critically think and analyze and communicate complex information to all levels of management and staff.


• Proficiency in Microsoft Word, Excel, and PowerPoint as well as Adobe Acrobat Pro and SharePoint.

PHYSICAL REQUIREMENTS:

1. Prolonged sitting throughout the workday with occasional mobility required.


2. Corrected vision within the normal range.


3. Hearing within normal range. A device to enhance hearing will be provided if needed.


4. Ability to lift 15 lbs. as may be required.


5. Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.

LICENSES/CERTIFICATIONS: Compliance Certification required (or obtained within two years of hire); Credit Union Compliance Expert (CUCE), NAFCU’s Certified Compliance Officer (NCCO), and/or Certified Regulatory Compliance Manager (CRCM).

REV. 06.28.2023