Compliance Risk Coordinator

Mountain America Credit Union•Sandy, UT

1d•Hybrid

About The Position

The Compliance Risk Coordinator is a critical member of Mountain America’s Compliance Risk team that contributes to the overall implementation of the credit union’s Compliance Management System (CMS) which involves monitoring and documenting controls, and advising business units on risk. The Compliance Risk Coordinator executes compliance monitoring activities, ensures compliance procedures are identified and developed, reports and escalates issues to assigned business units, and participates in root-cause analysis and validation of remediation efforts. The Compliance Risk Coordinator acts as a primary liaison for business units to ensure the credit union maintains a strong CMS.

Requirements

Minimum 3 years’ research and/or compliance experience
Bachelor’s degree in business finance or additional 5 years combined experience in a financial setting.
Advanced skills with Microsoft Office Suite including Outlook, Word, PowerPoint, and Excel
Demonstrated ability to clearly express ideas, methodology, results and recommendations verbally, in writing and through insightful reports and graphic illustrations
Demonstrated ability to document outcomes and present information in a manner appropriate for key stakeholders and all levels of the organization
Highly analytical and strong attention to detail
Ability to work both autonomously and collaboratively in a fast-paced environment
Self-starter with strong organizing and time management skills and the ability to work productively and efficiently in a fast- paced environment with multiple projects and timelines
Adaptive to change, responds positively to altered circumstances or conditions
Possess a desire and willingness to learn and continually update knowledge base on financial concepts, strategies, systems etc.
Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies
Excellent inter-personal skills including the ability to lead and collaborate with ad-hoc teams
Data analytics and data validation skills and proficiency in business data analysis (MS Excel, etc.)
Understanding of financial institution compliance, specifically to branch operations and functions
Ability to sit, talk and hear consistently
Ability to stand, walk, and use hands to handle or reach occasionally
Close vision (clear vision at 20 inches or less)
Distance vision (clear vision at 20 feet or more)
Ability to lift up to 10 pounds occasionally

Nice To Haves

CUCE designation preferred
Experience with analytical and reporting software preferred
Experience with Symitar, Archer or another financial institutions software

Responsibilities

Assist in gap analysis for credit union policies and procedures
Identify control improvements for monitoring risk
Administer internal procedure repository solution to track, monitor, and report compliance changes throughout the organization
Review updates to procedures and determine if changes affect board policy, standards or step-by-steps
Review internal operating and lending policies, programs, and procedures periodically to ensure adherence to laws, rules and regulation
Assist in developing and reviewing compliance training materials related to operations, deposit accounts, lending products and services.
Conduct compliance training (e.g., new manager compliance training), as applicable
Coordinate the review and interpretation of new and pending regulations that may impact the credit union's procedures
Gather and assist BUs with remediation or acceptance of risk associated with identified issues and opportunities for improvement
Document and report issues management and business unit support activities using established methods
Conduct reviews of marketing assets/proofs, as applicable, and assist marketing team with inquires related to operations and lending
Assists with the compliance monitoring process including identification of areas to monitor, monitoring schedule, reporting, and addressing identified gaps
Develop and maintain an effective working relationship with BUs and management
Assist BUs with inquiries related to operations, and deposit accounts, lending regulations and industry standards
Partners with Governance and Regulatory Risk to ensure compliance risk activities—including monitoring, issues management, and controls—meet regulatory requirements.
Execute assigned functions including planning, reporting, and finalization; execute work in conformance with department standards, budgets and deadlines
Utilize judgment and responsibility in fulfilling department functions using the credit union policies and the hierarchy of decision making
Complies with all regulations as required by law, which may include but not limited to BSA, OFAC, FACT Act, GLBA, Regulation CC (Funds availability), Regulation DD (TISA), Regulation E, UDAAP, and Reg. B, Reg. Z, RESPA, HMDA, Fair Lending. FCRA, CARD Act and other regulations as required by law as it relates to his/her position
Perform other duties as assigned