Compliance Analyst II

Bellco Credit Union•Greenwood Village, CO

1d•Onsite

About The Position

The Compliance Analyst II supports the credit union’s Compliance Management System (CMS) by monitoring regulatory requirements, assessing risk, and evaluating internal controls to ensure compliance with applicable federal and state laws. This role conducts compliance testing and analysis to identify opportunities for improved efficiency and effectiveness, collaborates with management to develop corrective action plans, and assists with regulatory reporting. The Compliance Analyst plays a key role in promoting a strong culture of compliance across the organization and ensuring adherence to internal policies and regulatory expectations.

Requirements

Bachelor’s degree in Finance, Accounting, Business, Legal Studies, or related field preferred
Working knowledge of laws, regulations, and compliance practices applicable to credit unions
Minimum of 6 years of banking or credit union experience across deposit, lending, and servicing operations (or equivalent)
At least 2 years of experience in audit, compliance, or quality assurance functions
Strong verbal and written communication skills, with the ability to explain complex regulatory concepts clearly
High attention to detail with strong analytical, problem-solving, and root cause analysis skills
Working knowledge of regulations from NCUA, CFPB, and applicable state agencies
Experience with regulatory examinations, compliance management systems, and process improvement
Ability to interpret and apply regulations and guidance to operational practices
Strong organizational and time management skills with the ability to manage multiple priorities independently
High level of integrity and discretion when handling confidential information
Adaptability in a dynamic regulatory environment
Proficiency in Microsoft Office Suite
Valid driver’s license and proof of insurance required

Nice To Haves

Compliance or audit related training preferred
Professional certifications preferred (e.g., CUCO, NCCO, CCBCO, CRCM, CCBIA)
Experience with compliance monitoring tools and systems preferred

Responsibilities

Monitor and interpret changes in federal and state regulations (e.g., Reg E, TILA, FCRA, UDAAP, ECOA, TISA, HMDA, RESPA)
Assess regulatory impact and support updates to policies, procedures, and internal guidance
Stay informed on emerging compliance risks and industry best practices
Support implementation and continuous improvement of CMS Program
Perform periodic and ad hoc compliance testing to evaluate adherence to regulatory requirements and internal controls
Document findings, identify control weaknesses, and recommend corrective actions
Track and validate remediation efforts for timely resolution
Review and analyze member complaints to identify trends, root causes, and potential regulatory implications
Review marketing materials for compliance with applicable regulations
Collaborate with business units to evaluate effectiveness of internal controls
Prepare reports summarizing compliance monitoring and testing results, complaint trends, regulatory changes, and risk exposure for management and board committees
Develop and maintain risk metrics to enhance compliance reporting
Support annual compliance risk assessments and CMS planning activities
Assist in developing and delivering compliance training programs to business units
Support implementation of regulatory changes through cross-functional project coordination
Serve as a compliance resource for business units, providing guidance, interpretation, and control expectations
Maintain documentation, databases, and procedures related to compliance activities
Participate in ongoing professional development, including webinars and industry training
Support new product, service, and process change reviews
Promote a culture of compliance and consumer protection across all business units
Support regulatory examinations and audits by gathering documentation and coordinating responses
Track findings and assist in ensuring timely remediation and reporting