Compliance Analyst II

Navy Federal Credit Union•Vienna, VA

8h•$79,200 - $124,500•Onsite

About The Position

The Compliance Analyst II researches, analyzes, interprets, recommends, and enforces Navy Federal policies and practices to ensure compliance with applicable local, state, federal, and other regulatory requirements and case law. The role advises management and business units on regulatory changes and risks, develops and maintains compliance policies and documentation, and supports organization-wide compliance programs, training, communications, testing, audits, and enforcement activities. The position also manages and leads projects and collaborative teams, including defining project plans, requirements, scope, resources, costs, risks, and timelines. It coordinates implementation across business units, keeps stakeholders informed, addresses complex compliance matters, and prepares audit and regulator responses. The role adheres to Navy Federal policies and procedures and regulations pertaining to the Bank Secrecy Act.

Requirements

Compliance analysis experience.
Demonstrated ability to analyze and interpret regulatory requirements and case law.
Knowledge of relevant local, state, federal, and other regulatory requirements.
Knowledge of research methods, theories, practices, and procedures, demonstrated through successful research and/or education.
Demonstrated ability to influence, negotiate, and persuade.
Ability to clearly and concisely translate, interpret, and present findings and conclusions orally and in writing.
Proficiency with PC applications and internet-based technology for conducting research.
Prior project management experience.
Experience leading collaborative work teams.
Effective oral, written, interpersonal communication, and presentation skills.
Bachelor's degree in a related field, or an equivalent combination of education, training, and experience.

Nice To Haves

Specialized knowledge of relevant local, state, federal, and other regulatory requirements.
Experience in legislative staff work.
Extensive compliance analysis experience.
Advanced or thorough knowledge of compliance issues in the financial services industry.
Internal Navy Federal project portfolio management (PPM) knowledge.
Knowledge of internal credit union operations, processes, and procedures.
Certification in a related area of compliance.
Bachelor's degree in business or public administration, management, operations analysis, legal studies, or a related field, or equivalent work experience.

Responsibilities

Formulate and revise policies, procedures, and instructions to ensure compliance with regulatory requirements.
Research, analyze, and interpret regulatory requirements, laws, opinions, case law, and court decisions; provide findings and recommendations to management.
Conduct risk assessments, identify potential enterprise risks, develop solutions and alternatives, and advise management.
Monitor changes in regulatory requirements and review new, amended, or pending regulations.
Create, review, analyze, and maintain compliance policies, procedures, documentation, and regulatory rationales for changes.
Ensure communication and implementation of compliance policies, procedures, and instructions across the organization.
Direct or lead implementation of compliance programs across the organization, functional areas, or geographic regions.
Develop, participate in, and conduct compliance education and training; assess training needs, finalize training and communications, and track attendance.
Consult with business units and management on interpreting laws and regulations and enforcing the compliance program.
Serve as a liaison between departments on compliance matters.
Monitor, measure, and analyze the effectiveness of compliance programs, training, and communications.
Develop, monitor, and administer compliance activities, including systems and processes for addressing alleged violations.
Participate in or conduct internal and external compliance testing and audits; lead interactions with auditors and regulators.
Determine information needed for audits, finalize audit documentation and responses, and respond to audit findings for management approval.
Manage projects and project resources, establish collaborative teams, coordinate work across business units, and ensure deadlines and intended results are achieved.
Define and manage project plans, business requirements, scope, resources, costs, issues, priorities, decisions, risks, external contracts, and internal service agreements.
Keep project teams and stakeholders informed and manage expectations.
Lead functional teams, projects, or portions of projects to solve unique and complex business problems in accordance with Navy Federal's PPM standards.
Handle complex enforcement actions as directed by management.
Perform other related duties as assigned.