Compliance Risk Analyst II

Westerra Credit Union•Denver, CO

22h•$62,343 - $77,929•Hybrid

About The Position

The Compliance Risk Analyst II supports the execution and continuous improvement of the Credit Union’s Compliance Management System (CMS) by independently managing compliance reviews, regulatory change implementation, and risk assessment activities. This role is ideal for an experienced professional who operates as a trusted advisor to business lines. As an Experienced Professional (Level II), you will apply practical and regulatory knowledge to ensure compliance requirements are effectively integrated into operations and strategic initiatives, while delivering high-quality results with limited day-to-day supervision.

Requirements

4+ years’ experience in operational, regulatory compliance and risk experience, preferably in a financial institution
Proficient in Microsoft Office
Exhibits strong verbal and written communication skills
Ability to Learn and demonstrate that learning on the job
Detail oriented with strong organizational and time management skills
Must maintain high-level of confidentiality
Can be accountable for the completion of assigned deliverables with little day-to-day management
Uses judgement, but supervision required for overall tasks
Experienced understanding of the business line and a basic understanding of specialized discipline.
Able to handle problems that are difficult, but typically not complex
Strong knowledge of applicable regulations (Reg Z, RESPA/TRID, Reg DD, ECOA, UDAAP, GLBA)
Experience conducting risk assessments, fair lending reviews, and regulatory change management
Excellent verbal, written and interpersonal communication skills with the ability to explain programs, features, policies and procedures to employees, members and business partners
Strong relationship building and teamwork skills
Strong attention to detail and excellent organizational skills; ability to manage multiple priorities
Excellent analytical, problem solving and decision-making skills
Ability to influence timelines, expectations, and proactively negotiate within department

Nice To Haves

Industry acceptable compliance designations preferred but not required (i.e. Credit Union Compliance Expert (CUCE), NAFCU Certified Compliance Officer (NCCO)).
Lending experience preferred

Responsibilities

Independently manage regulatory complaint investigations, ensuring compliant responses and identifying systemic risk trends
Conduct and approve compliance reviews of marketing materials, and providing clear regulatory guidance in a timely manner
Perform fair lending reviews to identify potential risks and partner with business lines to remediate and strengthen controls
Support compliance support for new products and strategic initiatives, including regulatory impact assessments and control implementation
Review and assist with enhancement of policies, procedures, and processes to address control gaps and support effective governance
Monitor regulatory developments and assist with management efforts, including stakeholder updates and implementation tracking as needed
Maintain the regulatory training calendar and support organization-wide compliance awareness
Serve as a trusted compliance advisor to business units, providing guidance on complex regulatory and risk scenarios
Review and request insurance-related documents to support credit union compliance
Support business line risk assessments, ensuring risks and control gaps are identified, remediated, and validated for effectiveness
Serve as a mentor to more junior team members
Other duties as assigned.

Benefits

Three health plans through UMR that offer a variety of coverage options, including HSA and FSA options
Two dental plans through Delta Dental
Basic life and AD&D insurance, short-term disability and long-term disability
20+ days of paid time off (PTO) per year
Anniversary time off that consists of 1+ days of paid leave for each anniversary year (PLAY)
16 hours of volunteer time off (VTO) per year
11+ paid holidays
401(k) that includes up to 6% match
Up to 2% off the rate on a new Westerra mortgage, applicable to primary residence, second home, or investment property
2% off Auto/RV/Motorcycle Loans
Up to $5250 per year for educational reimbursement
4 weeks of paid parental leave
Mental health resources including an Employee Assistance Program (EAP)
Individualized learning and development programs