Compliance Risk Advisor

Mountain America Credit Union•Sandy, UT

2d•Hybrid

About The Position

The Compliance Risk Advisor is a member of Mountain America’s Compliance Risk team and contributes to implementing the credit union’s Compliance Management System (CMS). The role monitors and documents controls, advises business units on risk, performs compliance monitoring, helps identify and develop compliance procedures, reports and escalates issues, and participates in root-cause analysis and validation of remediation efforts. The position serves as a primary liaison for business units to help maintain a strong CMS. This is a hybrid role based at Mountain America Center in Sandy, Utah, with some weekly in-office attendance based on business need; typical in-office days are Monday and Tuesday. The position is not eligible to be performed in Colorado or Connecticut, either remotely or in person.

Requirements

Minimum 3 years of research and/or compliance experience.
Bachelor’s degree in business or finance, or an additional 5 years of combined experience in a financial setting.
Advanced skills with Microsoft Office Suite, including Outlook, Word, PowerPoint, and Excel.
Ability to clearly communicate ideas, methodology, results, and recommendations verbally, in writing, and through reports and graphic illustrations.
Ability to document outcomes and present information appropriately for key stakeholders and all organizational levels.
Highly analytical, with strong attention to detail.
Ability to work autonomously and collaboratively in a fast-paced environment.
Strong organization and time-management skills; able to work productively with multiple projects and timelines.
Adaptability and a positive response to changed circumstances or conditions.
Willingness to learn and continually update knowledge of financial concepts, strategies, and systems.
Initiative, problem-solving ability, and willingness to suggest process and efficiency improvements.
Strong interpersonal skills, including the ability to lead and collaborate with ad hoc teams.
Data analytics and data validation skills, with proficiency in business data analysis, including MS Excel.
Understanding of financial institution compliance, particularly branch operations and functions.
Ability to sit, talk, and hear consistently; stand, walk, and use hands to handle or reach occasionally; and lift up to 10 pounds occasionally.
Close vision and distance vision.

Nice To Haves

CUCE designation preferred.
Experience with analytical and reporting software preferred.
Experience with Symitar, Archer, or other financial-institution software.

Responsibilities

Assist with gap analyses for credit union policies and procedures.
Identify control improvements for risk monitoring.
Administer the internal procedure repository solution to track, monitor, and report compliance changes throughout the organization.
Review procedure updates and determine whether changes affect board policy, standards, or step-by-step procedures.
Periodically review internal operating and lending policies, programs, and procedures for adherence to laws, rules, and regulations.
Assist in developing and reviewing compliance training materials concerning operations, deposit accounts, lending products, and services; conduct training as applicable.
Coordinate the review and interpretation of new and pending regulations that may affect credit union procedures.
Gather information and assist business units with remediation or acceptance of risk related to identified issues and improvement opportunities.
Document and report issues-management and business-unit support activities using established methods.
Review marketing assets and proofs as applicable, and assist the marketing team with inquiries related to operations and lending.
Assist with compliance monitoring, including identifying areas to monitor, maintaining the monitoring schedule, reporting, and addressing identified gaps.
Develop and maintain effective working relationships with business units and management.
Assist business units with inquiries concerning operations, deposit accounts, lending regulations, and industry standards.
Partner with Governance and Regulatory Risk to ensure monitoring, issues management, and controls meet regulatory requirements.
Execute assigned functions, including planning, reporting, and finalization, in accordance with department standards, budgets, and deadlines.
Use judgment and responsibility in carrying out department functions in accordance with credit union policies and the decision-making hierarchy.
Comply with applicable laws and regulations, including those relating to BSA, OFAC, FACT Act, GLBA, Regulation CC, Regulation DD, Regulation E, UDAAP, Regulation B, Regulation Z, RESPA, HMDA, Fair Lending, FCRA, and the CARD Act.
Perform other duties as assigned.