Compliance Specialist II

Park Community Credit Union•Louisville, KY

2d•$30 - $30

About The Position

The Compliance Specialist II supports Park Community Credit Union’s Compliance Management System (CMS) and Enterprise Risk Management (ERM) programs. The role conducts risk-based compliance monitoring, facilitates enterprise-wide risk assessments, identifies regulatory and organizational risks, evaluates internal controls, and tracks findings and remediation efforts. The specialist monitors emerging risks, supports risk reporting, and collaborates with business units to strengthen controls, enhance regulatory compliance, and promote risk awareness and accountability across the organization. The position also supports regulatory change monitoring, risk trend analysis, risk event tracking, governance documentation, and preparation of risk reports and analyses for management. It requires applying established regulations, procedures, ERM methodologies, risk criteria, and precedent, while using sound judgment and escalating significant, complex, or unprecedented matters to management. The specialist is expected to uphold the credit union’s culture and policies, including its Bank Secrecy Act and anti-money laundering procedures.

Requirements

A minimum of three to five years of experience in regulatory compliance, enterprise risk management, or a closely related field.
A bachelor’s degree in business administration, finance, risk management, or a related field, or industry-recognized professional certifications such as CUCE, CRCM, or CERP in lieu of a degree.
Ability to work effectively with employees and leaders across business functions to obtain information, discuss findings, explain regulatory or risk requirements, and support remediation while maintaining professional, collaborative relationships.
Ability to apply established regulations, policies, procedures, ERM methodologies, risk criteria, and prior precedent; analyze information and develop recommendations; recognize when guidance is needed; and escalate significant, complex, or unprecedented issues appropriately.
Strong organization, attention to detail, written and verbal communication, time management, and follow-through.
Proficiency with common Microsoft Office applications and ability to learn compliance, audit, and risk-management systems.
Ability to meet the described physical demands, including frequently sitting, standing, walking short distances, and using hands and fingers; occasionally stooping, bending, squatting, reaching overhead, pushing or pulling objects, and lifting or moving up to 25 pounds.

Responsibilities

Execute risk-based compliance monitoring and testing across lending, deposits, and other operational areas; identify and document potential compliance gaps and regulatory exposure; and recommend enhancements for management review.
Coordinate departmental risk assessments using established ERM methodologies, criteria, and risk appetite and tolerance parameters; analyze and document risks, controls, and ratings; and maintain risk profiles, risk registers, and key risk indicators.
Partner with business units to assess and document internal-control design and operating effectiveness; identify control gaps and mitigation activities; recommend improvements; and maintain documentation of risk ownership, controls, and action plans.
Identify, investigate, and document compliance findings, control deficiencies, and emerging regulatory risks; perform root-cause analysis; develop recommended corrective actions with stakeholders; and monitor corrective action plans.
Escalate significant findings, elevated risk exposures, matters outside established precedent, and exposures that may exceed risk appetite or tolerance to management for review and direction.
Support CMS and ERM activities through regulatory change monitoring, risk trend analysis, risk event tracking, and maintenance of governance documentation.
Prepare risk reports, analyses, and supporting information for management review and decision-making; maintain timely and accurate information in compliance and risk-management systems.
Follow the credit union’s Bank Secrecy Act and anti-money laundering policies and procedures, including running OFAC searches and completing investigative reports of suspicious activity and currency transaction reports accurately and on time.
Keep management informed of key operational issues, adhere to policies and security procedures, report discrepancies or suspicious activity, and perform other job-related duties as assigned.
Promote the credit union’s culture and values, maintain a professional work environment and businesslike appearance, and build teamwork and respect among coworkers.