Compliance Analyst

Apple Federal Credit Union•Fairfax, VA

6d•$63,000 - $79,000•Onsite

About The Position

At Apple Federal Credit Union, we’re more than a financial institution; we’re a community-focused organization powered by passionate people. With 24 branches across Northern Virginia and a proud legacy of service, we’re committed to improving the lives of our members and the communities we serve. We believe our employees are our greatest asset. That’s why we foster a supportive workplace culture that values inclusiveness, innovation and growth. Whether you’re just starting out or advancing your career, you’ll find opportunities for professional development, mentorship and meaningful impact.

Requirements

BA/BS in related field.
Compliance certification required.
BSA experience.
Excellent analytical ability and ability to conduct thorough research, interpret and understand laws and regulations, and provide workable recommendations and solutions to problems.
Broad knowledge of, and practical experience with, credit union or other financial institution operating areas, functions, products and services and the laws and regulations which apply to credit unions.
Well-organized, efficient, detail-oriented self-starter, able to work independently.
Ability to handle simultaneously, multiple tasks and changing priorities in an efficient and effective manner.
The ability to work with all levels of management and credit union staff, and members.

Nice To Haves

BA/BS in related field preferred.
The America’s Credit Unions Certified Credit Union Compliance Officer Certification or equivalent required within 1 year from hire date.

Responsibilities

Keep abreast of, monitor, analyze and communicate developing trends and changes in regulatory compliance laws, rules, and regulations, and advise management of the operational impact of such trends and changes. Facilitate implementation of new regulations and regulatory change, as necessary.
On behalf of the credit union, analyze and provide written response when necessary to proposed new regulations and/or amendments to existing regulations within allotted time frames established by the regulatory agency(ies).
Develop, participate in, and review proposed changes to credit union policies and procedures for compliance with applicable regulatory and consumer/public interest laws, rules, and regulations, and provide recommendations for any necessary changes.
Review, revise and develop credit union forms, contracts, agreements, and disclosures to ensure compliance with applicable laws, rules, and regulations. Interface with legal counsel and/or bonding agency to ensure that the terms and conditions set forth in forms, contracts, agreements, and disclosures are accurate, complete, and meet the needs of and properly protect the credit union.
Assists in the management of the fidelity bond and property and casualty insurance coverage on behalf of the credit union.
Participate in new product development and provide input regarding compliance concerns relevant to proposed and current products and services offered by the credit union.
Report as appropriate, regulatory matters, concerns, and/or the overall compliance condition of applicable divisions, departments, operations, or functions within the credit union to the Compliance Officer.