Compliance/Audit Specialist

EAST TEXAS PROFESSIONAL CREDIT UNION•Longview, TX

9h•Onsite

About The Position

The Compliance/Audit Specialist performs a broad range of audit functions to ensure staff compliance with policies and procedures. The role verifies, samples, reviews, confirms, and reports on financial accounting, operational activities, loan processes, and other areas as assigned. The specialist works with the Compliance Officer and auditors to evaluate internal controls and recommend improvements, supports the Compliance Officer and Special Accounts Representative as needed, and serves as the Credit Union’s OFAC Officer. The specialist reviews Credit Union records for evidence of fraud, control deficiencies, or employee performance concerns; checks compliance with applicable federal and state regulations and Credit Union procedures; monitors account file maintenance; audits signature cards and business deposit accounts; monitors dormant accounts; conducts an annual MasterCard audit and quarterly FIS quality control reviews; and assists with other audits. OFAC duties include monitoring compliance with policy and procedures, clarifying potential SDT matches with third parties, maintaining access to OFAC lists, and conducting OFAC training. The role also involves working professionally with staff, auditors, and members; assisting area personnel; keeping the supervisor informed; completing reports and records; attending meetings; performing related clerical and secretarial work; and maintaining a clean, secure, and well-maintained work area.

Requirements

High school graduate or equivalent.
Thorough knowledge of credit union policies and procedures.
Three or more years of credit union experience in increasingly complex positions.
Excellent communication and critical-thinking skills.
Ability to operate computer applications and business equipment, including Microsoft Office Suite (Word and Excel).
Professional appearance, dress, and attitude.

Responsibilities

Perform internal audits of Credit Union records and activities, including financial accounting, operations, loan processes, and other areas as assigned.
Review documents and records for evidence of fraud, control deficiencies, or employee performance concerns, and verify compliance with federal and state regulations and Credit Union policies and procedures.
Monitor and verify file maintenance changes to share, loan, and collection accounts.
Audit signature cards for compliance with CIP, new account, and imaging procedures.
Audit business deposit accounts to ensure required documents are on file.
Monitor dormant accounts and process appropriate member notifications.
Conduct the annual MasterCard audit.
Conduct quarterly FIS quality control reviews to verify appropriate authorization levels for current users.
Assist the Compliance Officer with other regular audits as directed.
Monitor compliance with OFAC policies and procedures, work with third parties to clarify potential SDT matches, maintain access to OFAC lists, and conduct training on OFAC regulations.
Work with external auditors and staff to evaluate internal controls and recommend improvements.
Work with staff during audits to support compliance with policies and procedures and maintain the Credit Union’s professional reputation.
Assist area personnel as required and keep the supervisor informed of activities and significant problems.
Complete required reports and records accurately and promptly, and attend meetings as required.
Perform related clerical and secretarial duties as needed and maintain a clean, secure, and well-maintained work area.
Perform other duties as assigned.