Compliance Project Specialist
About The Position
The Compliance Project Specialist coordinates compliance and supports the Project Management team, regulatory change initiatives, departmental action items, and ongoing Credit Union of America projects. The role works with the Risk Manager, Compliance Officer, BSA Officer, department managers, business units, and other stakeholders to support implementation of projects involving regulatory requirements, policy and procedure updates, system or vendor-related compliance initiatives, audit and examination corrective actions, and other departmental or organizational initiatives. The position supports the organizational compliance framework by coordinating project deliverables, monitoring timelines, documenting decisions, and maintaining communication across applicable departments. It also assists with compliance program documentation, external regulatory examinations, internal audit requests, and corrective action tracking. The employee is expected to complete at least 20 hours of continuing education and training each year and to understand and follow applicable BSA/AML Compliance Program requirements.
Requirements
- Three to five years of similar or related experience.
- A bachelor's degree or formal industry-recognized certifications considered equivalent to a bachelor's degree.
- Strong organizational and time-management skills, including the ability to manage multiple projects or competing deadlines.
- Ability to research and comprehend state and federal regulations applicable to financial institutions.
- Common knowledge of risk management concepts, particularly financial, operational, and regulatory activities.
- Excellent oral and written communication and interpersonal skills for communicating effectively with internal and external stakeholders.
- Strong knowledge of spreadsheet and word-processing software and comfort using new technologies and software applications.
- Working knowledge of accounting and audit procedures and the ability to work independently.
- Ability to handle confidential discussions with discretion, diplomacy, and tact.
Nice To Haves
- Working knowledge and experience in internal audit functions.
Responsibilities
- Coordinate projects and department initiatives while maintaining project plans, timelines, milestones, task lists, and supporting documentation.
- Track assigned deliverables, follow up with responsible parties, and provide status updates to the Risk Manager, SVP Risk, and other stakeholders as appropriate.
- Assist with maintaining and coordinating compliance program documentation, including policies, procedures, risk assessments, management reports, committee materials, regulatory tracking logs, audit and examination response documentation, and other compliance-related records.
- Liaise between Risk Management, business units, project owners, vendors, and other stakeholders to communicate compliance considerations and clarify implementation responsibilities.
- Escalate project-related issues in a timely manner.
- Assist with external regulatory examinations and internal audit requests by gathering documentation and supporting timely responses to management, auditors, or examiners.
- Monitor outstanding audit and examination items and support corrective action tracking.
- Complete at least 20 hours of continuing education and training annually and participate in professional organizations as part of ongoing professional development.
- Complete annual training, demonstrate understanding of, and follow BSA/AML Compliance Program requirements as they relate to the job.
- Perform other duties as assigned by the supervisor.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
