Compliance Officer

University of Hawaii FCU•Honolulu, HI

9h•$75,000 - $90,000

About The Position

The Compliance Officer develops, administers, and monitors programs that ensure compliance with laws, regulations, and rules governing the credit union’s operations and products. The role informs and educates staff and Senior Management about compliance responsibilities and keeps Senior Management informed about compliance activities, including the credit union’s relative compliance risk exposure. The position reviews operations for regulatory compliance; develops and implements compliance training; assists with the Bank Secrecy Act and Red Flags Program, vendor due diligence, and Enterprise Risk Management; interprets regulatory matters; and ensures forms and disclosures comply with NCUA requirements. It maintains the compliance program as regulations change, supports management with compliance questions, assists auditors and examiners, responds to subpoenas and related legal information requests, and files fidelity bond or related insurance claims. The Compliance Officer also supports the credit union’s strategic objectives and performs other duties as required.

Requirements

Four-year degree or equivalent work experience.
Proficiency in MS Office Suite.
Knowledge of financial institution regulations.
Experience writing policies, manuals, and procedures.
Ability to develop, prepare, and monitor budgets.
Ability to interpret regulations and laws and disseminate information.
Ability to multitask, work under pressure, and meet deadlines.
Excellent customer service and interpersonal skills.
Ability to work in a fast-paced environment.
Effective, clear verbal and written communication skills.
Ability to foster teamwork.
Excellent coaching and mentoring skills.
Excellent analytical, creative, and problem-solving skills.
Ability to work additional hours, weekends, and holidays as needed.

Responsibilities

Review credit union operations to ensure compliance with regulatory requirements.
Develop and implement ongoing compliance training programs for the credit union.
Assist with the Bank Secrecy Act and Red Flags Program.
Interpret and disseminate information about regulatory matters in a timely manner.
Ensure forms and disclosures comply with NCUA rules and regulations.
Create, maintain, and monitor the compliance program as regulations take effect or change.
Assist management by researching rules and regulations and identifying their impact on current operations and services.
Assist auditors and examiners in reviewing credit union records.
Receive and respond to subpoenas and related legal requests for information.
File fidelity bond or related insurance claims.
Assist with the Credit Union Vendor Due Diligence Program.
Assist with development and maintenance of the Enterprise Risk Management Program.
Respond to concerns from management and staff.
Support and carry out the credit union’s strategic objectives.
Perform other duties as required.

Benefits

On-demand pay with early access to earned wages.
Competitive pay.
Medical insurance including drug and vision coverage; the company pays 100% of employee self-coverage and provides a subsidy toward family coverage.
Dental insurance; the company pays 100% of employee self-coverage, with low-cost family coverage available at the employee’s expense.
Medical and dental plan premium waiver option.
401(k) retirement plan with employer match and non-elective contribution.
Eligible to earn 35 or more paid days off a year.
Vacation cash-out program.
Healthcare and dependent-care flexible spending accounts.
Company-paid employee group basic life insurance with AD&D.
Company-paid employee long-term disability insurance.
Voluntary accident recovery, critical illness and cancer, and hospital insurance.
Employee Assistance Program.
Employee loan discount.
Company subsidy of 50% for an adult monthly bus pass.
Cash reward employee referral program.
Workiversary cash reward and gifts.
Internal and external professional development opportunities.